Property News

Build-then-sell housing delivery system to heal ‘sick’ projects
The Ministry of Local Government Development (KPKT) plans to implement a build-then-sell (BTS) housing delivery system rather than a sell-then-build (STB) delivery system next year, to reduce the number of “sick” or delayed housing projects. KPKT Minister Nga Kor Ming said the ministry will work together with the Real Estate ... Read More

Penang International Aiport expansion to start next year
The expansion of Penang International Airport (PIA) is expected to take place in the third quarter of 2024. State Tourism and Creative Economy Committee chairman Wong Hon Wai said the expansion would take about four years to complete. “The next Visit Malaysia Year has been set for 2026 and it ... Read More

Temporary bicycle lane opens
Cyclists are happy that a temporary lane leading to Karpal Singh Drive has been opened along Tun Dr Lim Chong Eu Expressway in Penang. IJM Land northern region general manager Goh Su Yin said the 1km-long lane was to replace the bicycle lane which had to be removed to widen ... Read More

SITE PROGRESS: Granito @ Permai (Oct 2023) – Completed
About Granito @ Permai An affordable housing development by BSG Property in Tanjung Bungah, Penang. It is strategically located next to TAR College, adjacent to 2 Permai luxury residential scheme. This development featuring a 50-storey building with two residential towers and 12 levels of car park. There are 980 units ... Read More

The official launch of Taman Kejiranan Hillside in Tanjong Bunga
Penang Infrastructure, Transport and Digital Committee chairman Zairil Khir Johari, who is also the Tanjong Bunga assemblyman, officially inaugurated the Taman Kejiranan Hillside at Tanjong Bunga yesterday, as part of ‘My Taman, My Tanjung Bungah’ initiative. Situated in the vicinity of Astaka Hillside and a myriad of food and beverage hotspots, ... Read More

Easing MM2H conditions spark expatriate optimism
The proposed easing of the conditions for the Malaysia My Second Home (MM2H) programme has been welcomed by some expatriates in Penang. They said it would allow them to continue calling Malaysia their home while the country attracts many new participants who can contribute to the economy, cultural diversity and ... Read More

Iconic Air Itam roundabout illuminated to celebrate Penang Hill funicular railway’s 100th anniversary
In celebration of the 100th anniversary of Penang Hill funicular railway, the iconic Air Itam roundabout has been beautifully decorated to mark this significant centenary milestone. The successful commemoration was made possible through the collaborative efforts of Air Itam assemblyman Joseph Ng, the Penang Hill Corporation (PHC), and the OHM ... Read More

SITE PROGRESS: Havana Beach Residences (Oct 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

Kota Permai intersection is now being upgraded
The intersection of Jalan Kota Permai and Jalan Bukit Minyak is currently under construction to build a roundabout and install traffic lights. It is expected to be completed by mid-May next year, which will bring greater convenience to road users. Seberang Perai Municipal Councilor Tan Yun Hui pointed out that ... Read More

SITE PROGRESS: TreeO (Oct 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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