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Property News

Sungai Ara terrace house

From luxury condos to overcrowded quarters

As Penang’s economy recovers and the need for labour intensifies, even RM1.25mil apartments are being converted into workers’ quarters. And their neighbours are unhappy. To buy one, these nearly 2,000 sq ft apartments command RM1.25mil on property websites. To rent, it is RM1,500 to RM2,800 a month, depending on the ... Read More
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E&O’s Andaman Island Phase 1 awarded GreenRE Platinum Provisional Certification

Premier lifestyle property developer Eastern & Oriental Berhad today announced that its township development project, Andaman Island Phase 1 has attained GreenRE Platinum Provisional Certification under the township category. GreenRE was formed by Malaysia's Real Estate and Housing Developers Association ("REHDA") in 2003 to promote sustainability in Malaysia's property sector ... Read More
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Gurney Wharf is now officially called Gurney Bay

The Gurney Wharf project has been officially renamed as Gurney Bay. The change in name was deemed necessary to better represent the project's location and concept. The decision came after receiving complaints that the original name was not appropriate because there was no wharf or pier at the site. To ... Read More
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SITE PROGRESS: Havana Beach Residences (May 2023)

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
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SITE PROGRESS: TreeO (May 2023)

About TreeO Affordable housing development by Hunza’s wholly-owned unit, Diamaward (M) Sdn Bhd, at Sungai Ara. It is located next to Taman Sungai Ara, about 1.5km away from SJK(C) Chong Cheng. This development comprises three 49-storey towers offering a total 1,240 affordable units. Find out more about TreeO Register your interest here to ... Read More
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Bandar Cassia Technology Park launched in Batu Kawan

Let the figures speak for themselves, Chief Minister Chow Kon Yeow said after unveiling a staggering RM196.67 billion in total approved manufacturing investments recorded by the state from 2008 to 2022. He also said that investment figures are an important yardstick for politicians or the government of the day to ... Read More
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NCIA to tackle Juru-Sungai Dua congestion

A federal agency will undertake a project to alleviate traffic congestion on the busy Juru-Sungai Dua stretch of the North-South Expressway soon. Recognising the economic importance of the stretch located in the middle of the Seberang Perai industrial area, Penang chief minister Chow Kon Yeow said the Northern Corridor Implementation ... Read More
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Penang island working towards becoming age-friendly city

Penang island’s former mayor Datuk Yew Tung Seang (pic) hopes the city council’s application to join the Global Network of Age-Friendly Cities and Communities will be successful. Yew chaired his final city council meeting and began his retirement on May 3. Penang Island City Council’s (MBPP) application to join the network, ... Read More
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SITE PROGRESS: Terraces Condominium (May 2023)

About Terraces Condominium A highrise residential development by IJM Land at Bukit Jambul, Penang. Strategically located on 9.32 acres of land next to INTI International College. It comprises a 34-storey condominium tower, featuring 410 residential units with two different design types to choose from. (Photo taken in Apr 2023) Find out more ... Read More
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Bringing sustainable energy solutions to Penang Technology Park@Bertam

In a significant initiative for Environmental, Social, and Governance (ESG), BECIS Malaysia and Ideal Property Group are joining forces to drive sustainability initiatives in the newly launched Penang Technology Park@Bertam. Situated in the North Seberang Perai district of Penang, this state-of-the-art industrial park spanning 356 hectares is set to become ... Read More