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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

12.12 SALE: Partially furnished 2,259 sqft condo in Bayan Lepas at only RM895k
Valencia Residence is a 64-unit low-density private residence with a spacious built-up of 2,259 sq.ft. It is conveniently located within close proximity to Penang International Airpot and the proposed Penang South Island development. Call 012-704 8060 or WhatsApp to grab this 2,259sqft. luxury condominium at only RM895k during the 12.12 Sales now! SHOW GALLERY ... Read More

UPCOMING: Simpang Ampat / Great Marvel Sdn. Bhd.
Yet another new phase of landed residential development proposed by Great Marvel Sdn. Bhd. at Simpang Ampat. Located along Jalan Perdana, next to Casa Perdana (Phase 2B of Taman Perdana). It is just a stone's throw away from Simpang Ampat Small Medium Industrial Park, about 10 minutes drive from Bukit Tambun ... 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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- The most illogical decision made to barricade the road. ...Penangite on Traffic barrier at Lorong Sungai Tiram 7 to be removed this August
- @MeatFace Dragon Dream on. Our Penang developers will keep the price up with virtual demands...jack on Seiras Residences @ Utropolis, Batu Kawan
- @LL Most of the condo is doing what Zen management is doing... Nobody will purposely...LOL on Penang water disruption begins 25 April with 40% restored in 24 hours
- Global stock plunges storm coming, can I get it with 300-400k? ...MeatFace Dragon on Seiras Residences @ Utropolis, Batu Kawan
- Keep announce the announcement and announce again and again. Delay and dalay again ...Jackson on Construction of Penang LRT Mutiara Line set to begin in Q3 2025
- Thankfully not impacting Zen as the management is doing a good job to stock up...LL on Penang water disruption begins 25 April with 40% restored in 24 hours
- That's the aim - to develop and sell more overpriced, unaffordable houses in the island....Ah Kheng on Jelutong reclamation and landfill rehabilitation
- @CT Hah! Delayed! ...LL on Mezzo @ The Light City
- @666 Last time IJM told me is around April, but recently my friend told me...CT on Mezzo @ The Light City
- is it still possible to get the unit under PN1 at 300k ? i have...Kolee on Twin Star
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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