Intel’s new production facility in Bayan Lepas to be ready by 2024
With a presence in Penang that spans nearly half a century, Intel Technology Sdn Bhd is set to further anchor Penang’s position as an advanced manufacturing hub with its latest advanced packaging facility in the Bayan Lepas Free Industrial Zone. The new expansion facility is called the Pelican Project. Chief ... Read More
Penang ranked 3rd best island in the world to retire
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
EcoWorld FY2021 sales achieved RM3.5bil, 53% above FY2020
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
SITE PROGRESS: Queens Residences (Dec 2021)
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
Penang to resubmit South Reclamation EIA report before March 2022
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
Intel to invest RM30b in new facility in Penang
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
SITE PROGRESS: The Zen (Dec 2021)
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
Gurney Wharf scheduled to open in stages by end of next year
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
Property prices will rise next year as construction materials become more expensive
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
PDC is planning for two more GBS buildings in the state
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
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RECENT COMMENTS
- @Minion Congratulations for 3x on your property ...LL on Affordable Housing @ The Zen
- why the thread here talking more about others project rather the Q3? ...sun on Queens Residences Q3
- bought at 300K ...Minion on Affordable Housing @ The Zen
- @Ryu agree! ...LL on The Cube
- @Sam Off course people got doubt. First is developer. 2ndly is location define as in...Ryu on The Cube
- @Ryu Many are not aware about this project and as far as I know it...Sam on The Cube
- @Mr Tai If what you said is right, such as 20 years life span on...millionaire on Marriott International and Ideal Property to launch ‘Marriott’-branded development at Queens Waterfront
- gkchin : @felix Aiya, in penang, don’t waste your money buying super expensive condos...Mr Tai on Marriott International and Ideal Property to launch ‘Marriott’-branded development at Queens Waterfront
- Still have available unit? Can I go to the shown room unit? ...Bk chua on The Cube
- @Kay yes but price not cheap ...LL on Affordable Housing @ The Zen
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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