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Property News

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Penang Hill cable car project is on

The much-talked about cable car project for Penang Hill is set to become a reality. Chief Minister and Penang Hill Corporation (PHC) chairman Chow Kon Yeow said Hartasuma Sdn Bhd, a homegrown pioneer in the local rail industry, has successfully won the bid for the cable car project. He said ... Read More
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Simmtech to accelerate Penang 2nd phase of expansion

South Korea-based manufacturer Simmtech is set to accelerate the expansion of its production line in Penang with a second phase investment of US$50 million (U$1 = RM4.4250), expected to be completed by the first quarter of 2023. The company is a producer of semiconductor packaging substrates and high-value printed circuit ... Read More
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SITE PROGRESS: The Zen (Dec 2022)

About The Zen A mixed development by Asia Green at Bayan Mutiara. It is located next to Tun Dr. Lim Chong Eu Expressway, just a short drive away from the ongoing Penang World City township development by Tropicana Ivory. This development comprises a 46-storey skyscraper with two residential towers, and shop ... Read More
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Iconic Regency – Fully furnished serviced suites, limited units left!

Iconic Regency is a freehold development nestled within the established commercial district and residential neighbourhoods for both local and expatriates in the middle of Sungai Nibong, Penang. Iconic Regency is linked to the Iconic Hotel – 4-star business class hotel and within walking distance of the proposed LRT Station. The ... Read More
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Penang sets 2024 to kick-off water taxi service

If all goes well, Penang will have the country's first proper water taxi service in 2024. State Infrastructure and Transportation Committee chairman Zairil Khir Johari said both the state government and the Penang Island City Council (MBPP) always had the intention to provide the water taxi service, especially on the ... Read More
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SITE PROGRESS: Vivo Executive Apartment (Dec 2022)

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
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Experience a Magical Christmas @ Hunza Candyland on 17 Dec

This coming Christmas, magical wonders await at PICC Sales Gallery! Hunza Candyland is a must-see highlight to unforgettable sights in Penang, where the enchanting Candy-themed displays are bound to transport you into a fairy tale of your own. Hunza Candyland will be happening on Date: 17 December 2022 (Saturday) Time: ... Read More
penang properties

Property sector improved in 2022 but high material cost and labour shortage remain a concern

The real estate sector saw improvement both in terms of transactions and value this year compared with 2021, supported mainly by the resumption of economic activities across the board and the reopening of the country's international borders. The National Property Information Centre (NAPIC), which comes under the Valuation and Property ... Read More
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SJKC Kuang Yu broke ground on new campus at Batu Kawan

The groundbreaking ceremony of primary school SRJK (C) Kuang Yu in Batu Kawan has made it into the Malaysia Book of Records after 500 people took part in the ceremony yesterday morning. The primary school, which has 88 years of history, is being relocated to Batu Kawan from Kuala Muda, Penaga. Bukit ... Read More
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Micron Technology to invest RM4.4bil on 2nd factory in Penang

Strong market demand will continue to underpin Micron Technology Inc’s operations in Malaysia along with its increased factory space in Penang of 1.5 million square feet. Chief executive officer Sanjay Mehrotra said the United States-based computer memory and computer data storage producer has invested US$1 billion in its operations here ... Read More