Property News

Tunku’s house in Pulau Tikus is up for sale for RM62 million
The former residence of the first prime minister of Malaysia, the late Tunku Abdul Rahman Putra Al-Haj in Pulau Tikus, Penang is on the market for a whopping RM62 million, making it the most expensive listing today. The six-bedroom double-storey detached residence with an annexed servants' quarters has been listed ... Read More

Know your rights as strata property owners, says MBPP mayor
Strata property owners should know their rights involving any issues related to the joint management body (JMB) or management committee (MC) members who are in charge of the building management of strata residences. Penang Island City Council (MBPP) mayor Datuk Yew Tung Seang said the problem nowadays is that many ... Read More

SITE PROGRESS: Havana Beach Residences (March 2021)
About Havana Beach Residences Affordable housing development by Ideal Property Group at Bayan Lepas. Strategically located near Jalan Tun Dr. Awang, less than 2km away from Penang International Airport. It is about 5 minutes walking distance to SMJK Heng Ee (Bayan Baru branch). Find out more about Havana Beach Residences Register your ... Read More

Scientex 2Q net profit up 15% to RM112m on robust property sales
Scientex Bhd's net profit for the second quarter ended Jan 31, 2021 (Q2), rose 15.1 percent to RM112.2 million as compared to RM97.5 million a year ago. Revenue however fell to RM906.5 million from RM914.4 million previously, the group said in a statement yesterday. It said the higher net profit ... Read More

Penang Bay – A potential SDG City Zone to unlock opportunities
Penang is preparing itself for the next phase of growth and development by incorporating innovative ideas to transform the Penang Bay area into a new Sustainable Development Goal (SDG)-compliant and economic zone. The Penang Bay area includes the George Town and Butterworth waterfronts. Think City managing director Hamdan Abdul Majeed ... Read More

North seafront project to be ready by end of the year
Work on the north seafront project at the Esplanade in Penang is 50% complete with nine out of 14 projects completed. State local government committee chairman Jagdeep Singh Deo said the project costing some RM140mil, which began in August 2018, is expected to be completed by the end of the ... Read More

Penang eyeing more industrial land following rising demand in Batu Kawan
The Penang government is on the lookout for more industrial land to meet the rising demand for such properties following the encouraging take-up in Batu Kawan by investors. Penang Chief Minister Chow Kon Yeow said the Batu Kawan Industrial Park was a "smashing success" due to the rapid land take-up ... Read More

SITE PROGRESS: Marriott Residences (March 2021)
About Marriott Residences A mixed development by BSG Property in Georgetown in Penang. It is located between the famous tourist belt of Gurney Drive and Kelawai Road, next to Evergreen Laurel Hotel. The project comprises a 55-storey skyscraper, featuring a mixed of hotel rooms and condominium units Find out more about Marriott Residences Register your interest ... Read More

The Queens Waterfront construction site cluster recorded a total of 145 Covid-19 cases as of yesterday
The Penang government has instructed both the Penang Island City Council (MBPP) and Seberang Prai City Council (MBSP) to take stern action against construction sites which recorded high number of positive Covid-19 cases, including possible closure. This follows the spike in Covid-19 cases in construction sites, with Penang recording a ... Read More

BNM keeps OPR at 1.75%
Bank Negara Malaysia (BNM) maintained the Overnight Policy Rate (OPR) at 1.75% today as it expects Malaysia's economic growth to improve although it is still subject to downside risks. The central bank said in a statement that the global economic recovery, while uneven, is gaining momentum, supported by steady improvements ... Read More
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RECENT COMMENTS
- Why no more further discussion? What happens to this project? ...Just Ask on Hijauan Jernih
- How about are a Bagan Ajam, Sungai Puyu and Sungai Dua Butterworth. ...Lee Cheng Hock on Penang water disruption begins 25 April with 40% restored in 24 hours
- @Boh Lui The price varies every level, you can go QB mall or their site...Grace on Tuan Pavilion
- Bad traffic planning, unlike Penang World City ...LL on Traffic barrier at Lorong Sungai Tiram 7 to be removed this August
- Is there any whatsapp / telegram group for owner ? ...Kent on The Cube
- Any direct owners want to sell their 1100sqft units? Please email to maxlim94@hotmail.com. ...Max on SummerSkye Residences
- Why wait until Aug 2025? Why can't open it as soon as possible? ...Penang lang on Traffic barrier at Lorong Sungai Tiram 7 to be removed this August
- Yes, it is high time to go after these errant developers. ...Xulih on Over 100 developers blacklisted for violations
- More traffic incoming after the high dense condo finish ...bananan on Traffic barrier at Lorong Sungai Tiram 7 to be removed this August
- @Minion I have no idea. For a low dense project like this, their cost could...donny on Seiras Residences @ Utropolis, Batu Kawan
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OTHER DEVELOPMENTS
- Affordable Housing (Penang Island)
- Butterworth Arena
- Columbia Asia Medical Centre
- Eco-Tourism Hub @ Batu Kawan
- Escape Penang – Eco Theme Park
- GBS @ The Waterfront
- GBS by The Sea
- Gurney Wharf
- IKEA Batu Kawan
- Island Medical CIty
- Kobay Jelutong
- Lin Xiang Xiong Art Gallery
- Linear Waterfront
- Mitsui Outlet Park @ PIA
- One Auto Hub @ Batu Kawan
- Penang Arts District
- Penang Eastern Seafront Development
- Penang Medical & Digital Technology Hub
- Penang Premium Outlets (Design Village)
- Penang Sentral
- Penang South Islands
- Penang Transport Master Plan
- Penang Waterfront Convention Centre
- Penang World City
- PIA Expansion
- Silicon Island
- Teluk Bahang Wellness Resort
- The Ship Campus (ALC College)
- The Top @ Komtar
- Wellness City of Dreams