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Property News

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16 strategic initiatives to drive growth under Penang 2030 vision

The Penang government has drawn up 16 strategic initiatives to attract investors and stakeholders to invest in the state in line with the Penang 2030 vision. According to Chief Minister Chow Kon Yeow (pic), the strategic initiatives would drive the state’s economic growth in a positive direction, apart from enhancing ... Read More
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Interview with CM: Addressing housing affordability & diversity

Housing affordability and diversity are some of key focus in Penang Vision 2030. Several measures have been put in place to ensure the availability of affordable houses for B40 and M40 income group. Listen to what our CM has to say on response from developers and the challenges. FIND OUT ... Read More
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Extra packages offered for low-cost units strictly optional

A Penang executive councillor said many buyers of the state’s low-cost homes have no issues over renovation and car park packages being offered by developers as they consider them to be convenient. However, State Housing Committee chairman Jagdeep Singh Deo said these packages offered by developers are strictly optional. Those ... Read More
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MBPP plans to build underpass at Jalan Mt Erskine and Jalan Burma intersection

The Penang Island City Council (MBPP) is planning to build an underpass at the Jalan Mount Erskine and Jalan Burma intersection next year to tackle traffic woes. MBPP secretary Datuk Addnan Mohd Razali said the traffic flow at the Jalan Burma/Jalan Gottlieb/Jalan Bagan Jermal/Jalan Mount Erskine is now “messy during ... Read More
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Illuminating Mid-Autumn @ Sunway Wellesley until 16 Sept

Experience the cultural sensation of Mid-Autumn like never before. Sunway welcomes you to a celebration of lights that you won't want to miss over the weekend! ... Read More
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Penang Property Sale – Your Property Marketplace

PenangPropertySale.com, a FREE listing portal in Penang has been available for all home owners, landlords and property agents since 2017 !! If you have missed our previous announcement, check out the website NOW ! Penang Property Sale is a property marketplace by Penang Property Talk, that provides comprehensive property search for ... Read More
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JMR has no plan to launch its RM1bil Marvel City project yet

JMR Conglomeration Bhd is focused on turning the group’s property development segment into the group’s core business. Presently, the group’s asphaltic concrete plants in Juru and Langkawi generate 70% of JMR’s revenue, while the property division contributes the remainder. Group managing director Dennis Chung Vui Ming told StarBiz after an AGM ... Read More
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Iconic Point – Soft Launch (7 & 8 Sep)

Icon City, the brainchild of trendsetting developer Iconic Development Sdn Bhd, sold out all their units in 20 minutes when it was launched 5 years ago in Juru, Penang. If you missed the chance back then, regret not, because a new golden opportunity has arrived in the form of its ... Read More
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The Ship Campus to open in 2020

PKT Logistics Group, a socially responsible company providing logistics services today celebrated its structural “topping-up” ceremony for its upcoming The Ship Campus. The Ship Campus will be one of the nation’s few college campus located in an industrial park. The top-up ceremony was graced by the presence of Chief Minister ... Read More
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Affordable housing a shared responsibility

Decent affordable housing is fundamental to the health and well-being of people, and to the smooth functioning of economies. Yet around the world, in developing and advanced economies alike, cities are struggling to meet that need. In line with the country’s commitment to provide adequate and affordable housing for all ... Read More