The Penang government plans to regenerate aged public housing schemes in the state to cater to current needs. State Local Government, Housing Development and Town and Country Planning Committee chairman, Jagdeep Singh Deo, said five housing projects have been identified for the regeneration exercise. They are Padang Tembak, Taman Free ... Read More

About Eco Horizon a 300-acre integrated mixed-development township by EcoWorld at Batu Kawan, said to be the largest scheme undertaken by a single developer. It is strategically located right opposite the upcoming IKEA, off the primary interchange linking the Second Penang Bridge to the North-South Highway. Find out more about Eco ... Read More

Two residential units in a condominium near Batu Feringghi today received a warrant of detention of movable property from Penang Commissioner Of Building (COB) for Penang City Council (MBPP). Penang COB Director, Sr. Nik Ariff Long Dir said, the warrant was issued in accordance with Section 35, Strata Management Act ... Read More

The Penang government has announced the incorporation of a special purpose vehicle company, Penang Infrastructure Corporation Sdn Bhd, to lead the implementation of the mega projects under the Penang Transport Master Plan (PTMP). Penang Chief Minister Chow Kon Yeow said the Penang Infrastructure Corporation was successfully incorporated on July 9 this ... Read More

About Vertu Resort Condominium First resort-inspired high-rise development by Aspen Group at Batu Kawan, with a gross development value (GDV) of RM620mil. This is the second phase (and the first residential development) in Aspen Vision City. Find out more about Vertu Resort Condominium ... Read More

The outlook for Malaysia’s industrial property market is looking favorable as it is expected to see more inquiries, especially from manufacturers, said independent property consultancy firm, Knight Frank Malaysia. Its Capital Markets executive director Allan Sim said manufacturers would be looking to take advantage of the tax incentives, adding that ... Read More

About Suasana @ Utropolis The second phase of Utropolis development by Paramount Property in Batu Kawan, Penang. Strategically located on a 3-acres freehold land next to the UOW Malaysia KDU university college, about 5 minutes walk to Design Village outlet mall. Find out more about Utropolis @ Batu Kawan: Phase 1 - Sensasi ... Read More

According to the latest property market transaction data for 2019 to Q1 2020 by the National Property Information Centre (NAPIC), overall overhang properties recorded in Q1 2020 showed that there are a total of 29,698 overhang units, amounting to a total value of RM18.91 billion. From that number, 35% of all ... Read More

Hong Leong Investment Bank Research (HLIB) is not discounting the possibility that Bank Negara Malaysia (BNM) will cut the overnight policy rate (OPR) by another 25 basis points (bps) to 1.50% by as early as its next Monetary Policy Committee (MPC) meeting in September. The central bank yesterday announced it ... Read More

Valencia Residence Show Unit [View in FULL SCREEN] Affordable yet luxuriously comfortable, Valencia Residence nestled within a friendly neighborhood with a myriad of cultures and ethnicities. It is conveniently located with an abundance of nearby amenities which include international schools, hospital, golf course and mall. With just a short stroll, you ... Read More