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Property News

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The Light Waterfront Phase 2 coming soon in 2016

Property developer IJM Land Bhd will start construction of the second phase of The Light Waterfront, a RM3bil joint-venture project, along the Tun Dr Lim Chong Eu Expressway by year-end. Senior general manager Datuk Toh Chin Leong told StarBiz that the master plan for the second phase had been submitted ... Read More
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Penang Property Investment Talk @ Jen Hotel (18 June)

PENANG PROPERTY ESSENTIALS 4-IN-1 Fast track to Know-How and Stay Ahead of Others – At ANYTIME!! Mark your calendar on 18th June (Saturday) in Hotel Jen, Georgetown Penang! Join the PENANG PROPERTY ESSENTIALS 4-IN-1 to decide your next move and direction.  The event will be held on 18 June 2016 ... Read More
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Penang’s lively market

While the property market in Malaysia may be subdued, Penang is still generating interests among buyers and potential investors. Raine & Horne Malaysia senior partner Michael Geh says: “Although sentiment is generally cautious, both interest and transactions within the Penang property market is ‘still active’.” “In the primary market, there ... Read More
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First batch of affordable state housing ready soon

The first 520 of the 22,512 affordable housing units planned by the present Penang state government are nearing completion. State Local Government Committee chairman Chow Kon Yeow said the units were being built under the 6.4ha first phase of a Penang Development Corporation (PDC) project in Bandar Cassia. The development, ... Read More
Does Penang Need Another Bridge Now?

Does Penang Need Another Bridge Now?

* By Bernama * Despite already having two bridges connecting Penang Island and Seberang Perai, the DAP-led state government is pushing for a third bridge, and now waiting for the federal government's approval to build it. The state government's initial proposal was to build an undersea tunnel linking Gurney Drive ... Read More
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Cable car system for Penang gets the axe

The proposed cable car system for Penang, which is part of the ambitious RM27bil Penang Transport Master Plan (PTMP), has been rejected by the Federal Government. Transport Minister Datuk Seri Liow Tiong Lai said the state government has been informed of the decision. He said the decision was made as ... Read More
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Road widening pro­ject at Jalan Masjid Negeri is on

The Penang Is­­land City Council (MBPP) is going ahead with the road widening pro­ject in Jalan Masjid Negeri, requiring 16 trees to be transplanted elsewhere by end of next month. Its traffic engineer Zainuddin Mohamad Shariff said the contractor assigned to transplant the trees had been asked to file the ... Read More
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An Insiders Look Into the Property Market H1 2016 Infographic

In Malaysia, there are an overwhelming number of new home owners. According to the survey, among the top 5 reasons on why people invest in properties are to get higher yields on rentals (56%), for good capital appreciation (55%), for retirement planning (46%), for a better environment (46%) and to ... Read More
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Penang Moves into the Big League

The artsy vibe of Penang has generated renewed interest among locals and tourists. It’s hard to resist the old-world charm that Penang has to offer. From the quaint boutique hotels along Armenian Street to the Peranakan shophouses, time appears to have stood still on this island that is home to ... Read More
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You are Invited to EcoWorld World Environment Day!

Come celebrate World Environment Day with us at Eco Festival 2016 happening on 28th & 29th May and on 4th & 5th June at EcoWorld Galleries in Penang! EcoWorld Gallery @ Eco Terraces 28 - 29 May 2016 (5pm - 9pm) EcoWorld Gallery @ Eco Meadows 4 - 5 June ... Read More