Property News

RM23 million approved for redevelopment of Bukit Mertajam market
The Local Government Development Ministry has announced a RM23 million allocation for the redevelopment of the Bukit Mertajam market, which was gutted in a fire nearly a decade ago. Minister Nga Kor Ming said works will begin this year and slated for completion by 2026. He said the redevelopment would ... Read More

SITE PROGRESS: Terraces Condominium (Feb 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 Jan 2023) Find out more ... Read More

Penang govt aims to deliver more affordable homes by 2030
State Housing, Local Government, Town and Country Planning Committee chairman Jagdeep Singh Deo has instructed the Penang Housing Board to level up their efforts to deliver 250,000 units of affordable homes by 2030. This new target has now surpassed the initial aim of delivering 220,000 units throughout the state. “I ... Read More

Local Government Ministry hopes to learn from Singapore’s HDB success
The success of Singapore's Housing & Development Board (HDB) to provide public housing for 80 per cent of its citizens has motivated the Local Government Development Ministry to consult its experts as well as other foreign experts in its effort to build more affordable homes in Malaysia. The ministry, in ... Read More

Penang hopes infrastructure projects will be approved under Budget 2023
Penang hopes that the federal government will approve the infrastructure projects which will make a positive impact on the state and the northern region in the re-tabling of the 2023 Budget on Feb 24. Chief Minister Chow Kon Yeow said these included the Light Rail Transit (LRT) project for the ... Read More

SITE PROGRESS: Sanctuary Terrace (Jan 2023)
About Sactuary Terrace A residential development by IJM Land at Alma in Bukit Mertajam. Located on 8.9 acres of land along Jalan Santuari 2, about a 20-minute drive to both Penang bridges. Nearby amenities include AEON Mall, Tesco Hypermarket, eateries, schools and banks. This development will offer 95 units of 2-storey terrace houses. (Photos taken in Dec ... Read More

Chinese New Year 2023 Events & Roadshows
Happy Chinese New Year 2023! Celebrate this coming festive season with your family by visiting these events for your dream home and enjoying the exclusive CNY offers ... Read More

Sungai Ara residents win final appeal to stop hillslope project
A group of residents in Sungai Ara have won their final appeal to challenge the Penang island city council’s (MBPP) decision to grant planning permission to a developer to build a housing scheme on a hillslope. Federal Court judge Nallini Pathmanathan said the local authority’s approval of Sunway City (Penang) ... Read More

Limited Offer: Get Muze@PICC Now & Save RM180,000
Great news, 2023 marks the 45th Anniversary of Hunza Properties Group! As a call for celebration, purchasers in this year for participating projects are entitled for a chance at Hunza Lucky Draw Campaign, where the total prizes are worth up to RM1,000,000! For a limited time, own Muze@PICC and enjoy ... Read More

Penang gives premium discounts for extension of leasehold lands, expired leases
The Penang government is granting premium discounts for the extension of leasehold lands and for leases which have already expired. Chief Minister Chow Kon Yeow said following his announcement on the matter during the State Legislative Assembly in November last year, the policy has been enforced beginning Jan 1 this year ... Read More
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