Penang has been ranked as the third-best island in the world to retire in once again this year. In a list published by International Living, Penang was the only island in Asia listed and is noted for its friendly and helpful populace. "The island of Penang, off the coast of ... Read More

Amidst the pandemic, EcoWorld has sold 4,984 properties with a total sales value of RM3.5 billion, surpassing our FY2021 sales target of RM2.875 billion! EcoWorld Malaysia announced a second interim dividend of 2sen per share. This, together with July’s 2sen dividend, brings total dividends for FY2021 to 4sen, double the amount ... Read More

About Queens Residences Luxury waterfront development by Ideal Property Group at Bayan Bay with gross development value (GDV) of RM600mil. This development is located in front of BayStar Condominium, just stone’s throw away from Queensbay Mall. Find out more about Queens Residences Register your interest here to keep yourself updated with ... Read More

The Penang government will resubmit the environmental impact assessment (EIA) report for the development of three artificial islands under the Penang South Reclamation (PSR) project before March next year, said Chief Minister Chow Kon Yeow. He said the state government and its project implementation partner SRS Consortium are updating the ... Read More

Penang received an early reason for Christmas cheer following reports that pioneer investor Intel Corporation Limited is set to invest up to RM30 billion to upgrade its chip manufacturing facility at the Bayan Lepas Free Industrial Zone here. Intel had set up its first production facility outside the United States ... Read More

About The Zen A mixed development by Asia Green at Bayan Mutiara. It is located next to Tun Dr. Lim Chong Eu Expressway, just a short drive away from the ongoing Penang World City township development by Tropicana Ivory. This development comprises a 46-storey skyscraper with two residential towers, and shop ... Read More

Construction works of several components are scheduled to begin in Gurney Wharf by middle of next month. Penang Local Government, Housing, Town and Country Planning Committee chairman Jagdeep Singh Deo said the state government looked forward to the groundbreaking ceremony. “There are several components that need to be worked on, ... Read More

Homebuyers and investors should buy now because property prices are expected to rise next year due to higher building material costs in most building categories, according to Knight Frank Malaysia deputy managing director Keith Ooi. Ooi said, rising material costs will eventually have a trickle-down effect on selling prices. "Any ... Read More

The Penang Development Corporation (PDC) is planning to set up two more Global Business Services (GBS) buildings in the state to meet the growing needs of the GBS market. One of them will be located near the existing GBS@Mayang, while the other will be situated in the Bayan Lepas industrial area ... Read More

Kerjaya Prospek Property Bhd’s wholly-owned subsidiary, Pixel Valley Sdn Bhd (PVSB), is acquiring a 1.97 hectares freehold land from Aspen Vision City Sdn Bhd (AVC) in Penang for RM27.57 million. In a filing with Bursa Malaysia today, it said PVSB has entered into a purchase and development agreement with AVC ... Read More