About Nusacinta @ Setia Fontaines The second residential component to be launched in the 1,675-acre Setia Fontaines master-planned township development by SP Setia. This will be the first gated residential precinct located next to the 63-acre man-made lake with a musical fountain. It comprises a total of 294 landed residential units, offering a few types of landed houses ... Read More

Despite the bad press and claims by non-governmental organisations that Penangites are generally against reclamation projects, many people and local businesses have benefited from such developments. Reclamation projects have given locals a place to call home and access to important infrastructure, and businesses new opportunities that generate new economic activities ... Read More

The Batu Kawan Industrial Park (BKIP) in south Seberang Perai, which is poised to be the next ‘Silicon Valley of the East’ after Bayan Lepas Free Industrial Zone (FIZ), continues to attract an influx of investments and job creations from local corporations. Two public-listed large local companies (LLCs), namely JHM ... Read More

Penang will consider building its light rail transit (LRT) line separately from an earlier transport master plan if the three islands project does not get regulatory approval. Previously, the three islands project, known as the Penang South Reclamation (PSR), was supposed to finance the LRT project with land from the ... Read More

The state Public Works Department (PWD) will make an application for an allocation to upgrade the roads in Bukit Tengah to ease traffic congestion. State Transport and Infrastructure Committee chairman Zairil Khir Johari (PH-Tanjung Bunga) said the Jalan Permatang Tinggi is a federal road and the allocation had already been ... Read More

A total of 14 housing projects have been identified by the state government through the Penang Housing Board, says state Housing, Local Government, Town and Country Planning Committee chairman Jagdeep Singh Deo. According to Jagdeep, these projects come under the state government’s housing masterplan called the ‘Penang Affordable Housing (PAH) 2021 ... Read More

A total 4,683 units of completed houses with a value of RM3.66 billion were reported unsold in Penang to-date. The number puts Penang at the second highest state with unsold houses after Johor at 6,509 units (RM4.89 billion), Federal Territory of Kuala Lumpur at 3,863 units (RM3.1 billion) and Selangor ... Read More

By Zerin Properties Corporate Valuers We analysed the growth of average house prices over 20 years for eight states in Malaysia. The average house price data was collected from the year 2000 until the first quarter of 2021. These eight states analysed were Kuala Lumpur, Selangor, Johor, Penang, Perak, Pahang, ... Read More

The RM545mil Bukit Kukus paired road in Penang will be partially open to traffic next month. Penang infrastructure and transport committee chairman Zairil Khir Johari said the 3.3km stretch from Lebuh Bukit Jambul that branches out to Jalan Tun Sardon and Paya Terubong was expected to be ready by late ... Read More

Penang will not face heavy financial implications if the implementation of the Penang South Reclamation (PSR) project in the southern tip of the island is cancelled or postponed. State Infrastructure and Transport Committee chairman Zairil Khir Johari said the impact of the loss of the project on the Penang economy ... Read More