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Property News

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SITE PROGRESS: Anggun Residences (Sept 2022)

About Anggun Residences Anggun Residences located beside Design Village Outlet Mall in Batu Kawan is the flagship residential project undertaken by PE Development (Penang) Sdn Bhd, a subsidiary of PANSAR Berhad in West Malaysia. Designed as a condotel concept, these 496 units of spacious 3-bedroom apartments comes with maximised functional ... Read More
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PDC calling for RFT for Sia Boey Urban Archaeological Park

The state government, through the Penang Development Corporation (PDC), is now calling for the Request For Tenancy (RFT) for its Sia Boey Urban Archaeological Park. Chief Minister Chow Kon Yeow, who is also the PDC chairman, said the primary goal of the RFT is to revitalise Sia Boey and to ... Read More
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Penang proposes to MoF prioritizing 10 projects for national Budget 2023

Penang government has proposed a total of 10 priority projects in the state to be considered by the Ministry of Finance (MoF) for the national Budget 2023. Chief Minister Chow Kon Yeow said these 10 priority projects, with an estimated cost of RM2.27 billion, could have a major impact on ... Read More
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Aspen Group unveils upcoming project in Aspen Vision City

The masterplan developer in Batu Kawan, Aspen Group, will be unveiling an upcoming project named Versa in Aspen Vision City. With a price range starting from RM350,000 for its residential units, Versa offers comfort living at an affordable price tag and gives everyone the opportunity to own their first home ... Read More
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HARRIS Sunshine Penang in Ayer Itam to be ready by 2nd half of next year

Crimson Omega Sdn Bhd and Ascott International Management (Malaysia) Sdn Bhd joined forces to develop the Harris Sunshine Penang hotel at Sunshine Central in Ayer Itam. Crimson Omega chief executive officer Cynthia Hwang said Sunshine Central is a mega project which consists of a retail mall, office tower, hotel, service ... Read More
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SITE PROGRESS: Sinaran Residences (Sept 2022)

About Sinaran Residences @ Utropolis The residential component in the third phase of Utropolis development by Paramount Property at Batu Kawan, Penang. It is strategically located along Bandar Cassia Expressway, with walking access to Design Village outlet mall and UOW MALAYSIA KDU Penang University College. Driving to Penang International Airport will ... Read More
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Island Plaza is set for a new revival

A Hong Kong businessman, who is among many on the lookout for prime land and buildings in the state, has snapped up the long-neglected Island Plaza in the area and promises to make it a big draw again. The buyer, known only as Law, said he would bring Hong Kong’s ... Read More
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State govt submits new EIA for Penang South Reclamation project

The Penang state government has submitted a new and updated Environmental Impact Assessment (EIA) for the Penang South Reclamation (PSR) project even as the state’s judicial review application to reinstate the approval for the original EIA hits a snag. Penang state exco Zairil Khir Johari said the state is going ... Read More
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Labour shortage dampen construction industry

The long-standing issue regarding the shortage of workers has once again been brought up in the meeting with the Penang government. Delegates from the Penang Master Builders, led by its president Datuk Goh Teng Whoo, paid a courtesy call on Chief Minister Chow Kon Yeow early this morning. Goh said ... Read More
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Handover ceremony of Iconic Point took place on Tuesday at Simpang Ampat

Iconic Point at Simpang Ampat has been completed and the handover ceremony of the unit shop offices to the buyers was held on Tuesday evening at the site. The Iconic Point is developed by Iconic Worldwide Berhad (IWB) and is the first commercial project in Simpang Ampat which offers semi-detached ... Read More