Property News

Elna PCB investing RM1bil, undergoing expansion in Penang
Elna PCB Malaysia Sdn Bhd (Elna PCB) is achieving another milestone with the expansion of a new plant in central Seberang Perai here. Elna PCB, one of the key printed circuit board (PCB) players in Penang, is set to invest about RM1 billion; which includes the plant, equipment and machinery. Established ... Read More

Penang launches its first Augmented Reality park
Imagine taking in the peaceful atmosphere of a public park and checking out the world of art from a whole new perspective – both at the same time! Visitors to the Armenian Park can do so now, thanks to the newly-launched ARmenian Park project. A collaboration between Penang Art District and ... Read More

Hunza Group gets the nod as Hong Kong Leaders’ Choice for seven years running
Hunza Group has added another milestone to its record amidst a year of celebration for its 45th anniversary. In a star-studded Metro Finance Hong Kong Leaders’ Choice Award Ceremony held on 9 February 2023 in JW Marriott Hotel Hong Kong, the eminent developer from Penang clinched the Excellent Brand of ... Read More

Setia Fontaines is expanding
SP Setia Bhd will begin new projects within Setia Fontaines, an integrated development north of Seberang Perai, Penang, which is benefiting from growth from a nearby 850-acre industrial park. Setia Fontaines is a 1,691-acre township with a gross development value (GDV) of RM12 billion. It will include commercial development including ... Read More

Muhibbah secures construction award from PDC for a development in Bayan Lepas
Muhibbah Engineering (M) Bhd has bagged a RM172.6 million construction contract from Penang Development Corp for a development in the Technoplex industrial area located in Bayan Lepas, Penang. The proposed development involved a nine-storey office building and factory, a six-storey parking building with a TNB sub-station and mechanical requirements, and ... Read More

SITE PROGRESS: Eco Industrial Hub (Feb 2023)
About Eco Industrial Hub A freehold light industrial development by Nexon Property Sdn. Bhd. near Batu Kawan. Strategically located right next to NuConcept New Furniture factory, conveniently connected to Batu Kawan Industrial Park via Jalan Perindustrian Valdor. With only 3 minute’s drive to BKIP, this is one of the very few light industrial ... Read More

Juru-Sungai Dua elevated highway project to resolve traffic woes on mainland
Efforts will be taken to resolve the traffic woes in Seberang Perai, especially in the Batu Kawan parliamentary constituency. Chief Minister Chow Kon Yeow said this when he attended the Perai Chinese New Year Open House near Chai Leng Park Market Saturday evening. “The problem that I often hear is the traffic congestion ... Read More

Penang expects decision on PSI project’s EIA report after technical meeting next month
The Department of Environment (DoE) is expected to give its decision on the new Environmental Impact Assessment (EIA) report for the Penang South Islands (PSI) project after the technical meeting next month. Chief Minister Chow Kon Yeow said the DoE was expected to make its decision after the meeting. “The meeting ... Read More

SITE PROGRESS: Wellspring Residences (Feb 2023)
About Wellspring Residences A high-rise residential development by Airmas Group in Butterworth. Located near Jalan Telaga Air, next to Telaga Emas Apartment by the same company. It is about 500 meters away from the ever-bustling Jalan Raja Uda, and only a 5 minutes drive to Penang Sentral. This development comprises a 21-storey condominium, featuring 144 ... Read More

Priority One of Gurney Wharf project expected to be completed in May this year
The construction on Priority One (Phase One) of the Gurney Wharf project has reached the 50 per cent completion mark. State Local Government, Housing, Town and Country Planning Committee chairman Jagdeep Singh Deo said the Priority One would be completed in May instead of March this year after some delay due ... Read More
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OTHER DEVELOPMENTS
- Affordable Housing (Penang Island)
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- IKEA Batu Kawan
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- Kobay Jelutong
- Lin Xiang Xiong Art Gallery
- Linear Waterfront
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- One Auto Hub @ Batu Kawan
- Penang Arts District
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- 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
- PIA Expansion
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