PTT Synergy acquires development land in Penang for RM70.56mil
PTT Synergy Group Bhd has entered into a sale and purchase agreement (SPA) to acquire two parcels of freehold development land for RM70.56 million via indirect wholly owned subsidiary Projek Tetap Teguh Sdn Bhd (Projek TT) today. In a filing with Bursa Malaysia, the group said the 7.28 hectares (18 ... Read More
Ascott introduces first ‘crest collection’ hotel in Penang
The George Penang by The Crest Collection in George Town has elevated the state’s tourism sector since its establishment, Chief Minister Chow Kon Yeow said. Chow attributed the success to the dedicated team of The Ascott Limited, which managed the hotel. “My heartfelt congratulations to all who contributed to this achievement, ... Read More
SITE PROGRESS: Vivo Executive Apartment (Oct 2023)
About Vivo Executive Apartment A serviced apartment within Aspen Vision City township development at Batu Kawan. It is strategically located next to the upcoming Integrated Shopping Mall, walking distance to the Central Island Park. The units will be built complete with communal co-sharing working space and a social kitchen to support ... Read More
Malaysian guidelines for EV charging bays installation in existing and new buildings
In a significant move towards promoting electric mobility and reducing carbon emissions, Malaysia has taken a leap forward with the introduction of comprehensive guidelines for electric vehicle charging bays (GPP EVCB). This initiative comes as part of the government's commitment to improving the approval process for the construction of electric ... Read More
Penang’s abandoned flats may be converted to workers’ quarters
Abandoned flats and apartments may soon be converted to workers’ hostels in Penang, as the state tries to ensure that foreign workers live among their own. State housing committee chairman S Sundarajoo said Penang was also pushing for unsold or low-demand flats or homes in Seberang Perai to be converted ... Read More
Penang will prohibit owners of low-cost homes from renting out their units
Penang state government will be putting a stop to low-cost and low-medium-cost housing owners from renting out their units. State housing exco Datuk Seri S. Sundarajoo said these affordable housing units are heavily subsidised and are only meant for those who can’t afford expensive homes. “Someone has to put their ... Read More
Astaka Hillside Tanjung Bungah to reopen on Oct 15
The much-awaited Astaka Hillside Tanjung Bungah is expected to begin its operation on Oct 15. Previously, the original Astaka Hillside Tanjung Bungah food court was ravaged by a fire in November 2020. Subsequently, the Penang government announced plans for a new food court on the same site with an estimated ... Read More
Helping the homeless beyond putting a roof over their heads
In George Town, a new ray of hope has emerged for the homeless community in the form of a transit centre that provides warm meals and temporary shelter. The centre, located in Jalan CY Choy, has quickly become a lifeline for individuals like Khairul Taib and Lee Chong Kim, who ... Read More
Rehda hopes Budget 2024 will address housing affordability issue
The Real Estate and Housing Developers’ Association (Rehda) hopes that the government will address the affordability, or rather the unaffordability of houses in the nation, as well as introduce measures to alleviate challenges developers continue to face in the upcoming Budget 2024. In its budget wishlist, the association’s president Datuk ... Read More
SITE PROGRESS: Green City Residence (Oct 2023)
About Green City Residence A 29-storey luxury development in the heart of George Town by Green City Garden Development Sdn. Bhd. Located on a half-acre land along Macalister Road, it is only 2km away from KOMTAR and less than 15 minutes drive to Penang Bridge. This project features 52 units ... Read More
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OTHER DEVELOPMENTS
- Affordable Housing (Penang Island)
- Butterworth Arena
- Columbia Asia Medical Centre
- Eco-Tourism Hub @ Batu Kawan
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- 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
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- Penang Transport Master Plan
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- Penang World City
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