Gurney Bay: Major boost for Penang
Malaysia’s largest seafront city park will open here by the end of the year, seeking to captivate visitors from around the world with its waterfront views and dining options. The RM200mil 20.2ha Gurney Bay will feature, among others, a water body reclamation area, children’s playground, skate park, viewing decks, promenade, ... Read More
E&O lines up projects worth up to RM20bil
Eastern & Oriental Bhd (E&O) plans to launch developments with a combined gross development value (GDV) of between RM17bil and RM20bil within its township project in Andaman Island, Penang over the next 15 years. E&O managing director Kok Tuck Cheong said the Andaman Island would be the primary focal point ... Read More
SITE PROGRESS: Terraces Condominium (Aug 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 July 2023) Find out more ... Read More
Penang LRT to go underground and undersea
Penang has agreed to have some of its LRT stations underground instead of elevated, says chief minister Chow Kon Yeow. Chow said following the latest presentation by the transport ministry and MRT Corp yesterday, the underground sections proposed would be in the city centre in George Town. One of the ... Read More
SITE PROGRESS: The Meg @ Andaman (Aug 2023)
About The Meg @ Andaman The first project in Andaman Island, the highly-anticipated prime reclaimed island of Seri Tanjung Pinang Phase 2A by E&O. Features two blocks of 27 and 34-storey serviced apartments with an estimated GDV of RM690 million. It comprises 1,020 residential units with innovative layouts designed to suit ... Read More
REHDA: Neutral outlook for the economy and real estate market in the coming year
Property developers are mainly neutral about the real estate market outlook for the next 12 months, particularly for the second half of 2023 (2H 2023), according to Datuk NK Tong, president of REHDA Malaysia. According to him, poll respondents have a moderate opinion of the business, economic, and property industry ... Read More
Jayamas broke ground for their new affordable housing project in Bukit Mertajam
Jayamas Property Group marked a significant milestone with the groundbreaking ceremony for their second affordable housing project, Aston Minka, nestled in the heart of Bukit Mertajam. The event, held on the Aston Minka site, was attended by the Management Team and Directors of Jayamas Property Group yesterday. Aston Minka is ... Read More
New Penang housing exco says will focus on mainland affordable housing
The newly sworn in housing and environment state exco Datuk Seri S. Sundarajoo will focus on providing more affordable housing to the B40 group in Seberang Perai. The first-term Perai assemblyman said the previous housing exco has introduced a lot of affordable housing projects but most of it were focused ... Read More
Construction sector back on track after lifting of ‘political clouds’
The construction sector is expected to get a boost after the outcome of the hotly contested state elections saw the status quo maintained, lifting the dark political clouds that have weighed down the Malaysian economy. This has prompted RHB Investment Bank Bhd (RHB IB) to retain its “overweight” call on ... Read More
Vacancy tax more likely to hurt than help
In Malaysia, a vacancy tax is more likely to hurt homebuyers and homeowners rather than ease a property glut. This is the view expressed by the National House Buyers Association (HBA) and an independent researcher in response to a proposal for the introduction of a levy for properties that remain ... Read More
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Latest Projects
TODAY'S MOST READ
RECENT COMMENTS
- @honda learning the best practise of Asia green ...LL on Mezzo @ The Light City
- About time to bring in TOD development into this white elephant that only used once...Penangite on Tapak Pesta Sungai Nibong will soon make way for Mutiara Line LRT secondary depot
- It looks like the good old times are back in Penang again. The hills are...chita on Tapak Pesta Sungai Nibong will soon make way for Mutiara Line LRT secondary depot
- @millionaire wow.. IJM so efficient do MOT? Some developer after few years still dunwan proceed...honda on Mezzo @ The Light City
- higher floor, affordable, 2 carpark, higher floor L20 onwards, any ppl want to sell ?...TTL: on Affordable Housing @ The Zen
- Anyone wants to sell its 840sqft house at level 10 and above please contact me....Moon on Triuni Residences
- Interested to rent a unit long term here. Direct owners owners only, no agents. ...Oliver on Sandilands
- @KC I agreed with you that PWC should be able to plan better as new...millionaire on The Pier
- Updated by IJM marketing, the Mezzo will be handed over key on April 2025. Started...millionaire on Mezzo @ The Light City
- @KC Fully agreed. It's definitely better for PWC as a brand new master plan township....Hemsley on The Pier
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Latest Property News
OTHER DEVELOPMENTS
- Affordable Housing (Penang Island)
- Butterworth Arena
- Columbia Asia Medical Centre
- Eco-Tourism Hub @ Batu Kawan
- Escape Penang – Eco Theme Park
- GBS @ The Waterfront
- GBS by The Sea
- Gurney Wharf
- IKEA Batu Kawan
- Island Medical CIty
- Kobay Jelutong
- Lin Xiang Xiong Art Gallery
- Linear Waterfront
- Mitsui Outlet Park @ PIA
- One Auto Hub @ Batu Kawan
- Penang Arts District
- Penang Eastern Seafront Development
- Penang Medical & Digital Technology Hub
- Penang Premium Outlets (Design Village)
- Penang Sentral
- Penang South Islands
- Penang Transport Master Plan
- Penang Waterfront Convention Centre
- Penang World City
- PIA Expansion
- Silicon Island
- Teluk Bahang Wellness Resort
- The Ship Campus (ALC College)
- The Top @ Komtar
- Wellness City of Dreams