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Property News

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Affordable housing project by LPNPP broke ground near Bayan Lepas

The Chief Minister, Y.A.B. Tuan Chow Kon Yeow described that the first project launched by the Penang State Housing Board (LPNPP) known as The Millennia@Bayan Lepas will be a vibrant and strategic development hub. This is because, according to him, it is due to its strategic location near Jalan Mayang Pasir, Bukit ... Read More
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Penang signs agreement with Rayston on Bagan Ajam coastline reclamation project

The latest supplementary agreement between the Penang government and Rayston Consortium (Butterworth) Sdn Bhd (RCSB) has been inked yesterday to enable the company to continue its obligations as stipulated in the 1999 concession agreement, in line with the policy amendments to this supplementary agreement. This supplementary agreement also provided a clearer ... Read More
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The Design Essence of Eco Horizon’s Semi-D

Nestled in the serene environment of the newly developed Bandar Cassia, Eco Horizon is fast becoming a popular choice for homebuyers thanks to the chic design of the township’s houses that incorporate the needs of modern living. In this article, we will discuss about the ground-breaking designs of the semi-d ... Read More
SITE PROGRESS: Sinaran Residences (May 2022)

SITE PROGRESS: Sinaran Residences (May 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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Gurney Wharf will cost at least RM200mil, to be completed in 2025

The cost of developing the Gurney Wharf waterfront project has increased by 12 per cent to RM200 million. According to Penang Chief Minister Chow Kon Yeow, the project's cost has been increased by RM24 million to RM200 million and it could rise further in the future due to escalating costs ... Read More
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Straits City waterfront development masterplan unveiled

The master plan for the RM3 billion Straits City in Penang, the flagship development by Singapore Exchange-listed The Straits Trading Co Ltd and Malaysia Smelting Corp Bhd (MSC), has been revealed. Straits City is a 16.19-hectare (ha) mixed-use development in Butterworth's excellent seaside core business district. It has residential, retail, ... Read More
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Klippa Shopping Centre and mixed-use development at Batu Kawan

Ikano Centres has officially unveiled ‘Klippa’ as the name of its retail destination and mixed-use development, which aims to be the cultural heart and hub for the growing Batu Kawan township. Ikano Centres is part of Ikano Retail, which owns IKEA stores in five countries as well as shopping centres that ... Read More
Licensed homestays allowed in Penang

Licensed homestays allowed in Penang

Homestays in Penang are allowed to operate as long as they are issued a licence to operate by the Tourism, Arts and Culture Ministry, says Jagdeep Singh Deo. The state Local Government, Housing, Town and Country Planning Committee chairman said he had no qualms with homestays as long as they were ... Read More
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Gurney Wharf breaks ground today

The much-awaited Gurney Wharf project, an initiative of the Penang government, will be gradually opened to the public when it is safe to do so as it enters the construction phase following a ground-breaking ceremony at the Gurney Drive today. Chief Minister Chow Kon Yeow said the project, costing an ... Read More
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Vacant F&B lots in Komtar Walk up for rental

Prospective tenants looking for a place to rent to operate businesses can consider Komtar Walk as three food and beverages (F&B) lots are available for rental. Penang Development Corporation (PDC) chief executive officer Aziz Bakar revealed that four out of the seven F&B lots have been snapped up by tenants ... Read More