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So are we experiencing a property bubble?
* Article by Freemen * It’s official. The property market is sizzling hot. Recent property launches on Penang Island saw Penangites queuing up in the wee hours of the morning hoping to secure a unit. Not surprisingly, all units are snatched up like hot cakes. It amazes me that these ... Read More

Aston Park (by Ivory)
Aston Park (by Ivory), an upcoming 18-storey condominium by Ivory Properties Group in heart of Bukit Mertajam. This development is located along Jalan Aston, just a stone throw aware from Jit Sin Independent High School and The Summit Bukit Mertajam. Comprises 202 residential units with built-up area ranging from 1,150 sq.ft ... Read More

PR1MA projects in Penang
GEORGE TOWN: The dream of middle-income group earners in Penang to own a home will come true in three years, thanks to Prime Minister Datuk Seri Najib Razak and the 1Malaysia People’s Housing Scheme (PR1MA). Najib is expected to announce several projects for Penang to address the housing shortage in ... Read More

80,000 homes in prime areas
PETALING JAYA: The online registration for 80,000 affordable homes to be built in 50 cities and towns under the Perumahan Rakyat 1Malaysia (PR1MA) will be officially launched in Penang on Saturday. Qualified applicants will be able to take part in the balloting of the houses which will be built at ... Read More

BLT Park @ Alma
BLT Park, strategically located next to Tesco hypermarket in Alma, Bukit Mertajam. This development comprises 2-storey semi-detached and detached light industrial factories with built-up area ranging from 4,800 sq.ft. onwards. Each unit comes with modern facade and large glass windows which are ideal for displays purposes. 2-storey Detached Land Area: ... Read More

One-way streets plan for Gelugor
THE Penang Municipal Council plans to convert Persiaran Minden 1, Persiaran Minden 2 and part of Persiaran Minden 3 in Gelugor into one-way streets. Under the proposal, the one-way traffic on Persiaran Minden 1 would be from Lorong Changkat Minden 14 towards Persiaran Minden 2. For Persiaran Minden 2, the ... Read More

Mont Tierra Residences
Mont Tierra Residences, strategically located within the established township of Sungai Ara, Penang. Comprises 44 units of 3-storey terrace houses with typical land area of 20 ft. x 70 ft. Each unit comes with 5 bedrooms and double volume ceiling at dining area. Property Project : Mont Tierra Residences Location : Sungai Ara, ... Read More

UDA sees completion of Penang apartment project in 2014
KUALA LUMPUR: UDA Holdings Bhd expects the first phase of its RM165mil residential project as part of the redevelopment of Tanjong Tokong in Penang to be completed by the end of 2014. “The first phase will see the development of 550 apartment units to be spread out in eight to ... Read More
MRCB: Penang Sentral to take off in 2013
MALAYSIAN Resources Corp Bhd (MRCB) says the Penang Sentral project in Butterworth, estimated to be worth over RM3 billion, will begin in 2013 after more than four years of delay. Penang Sentral, an integrated mixed commercial development was expected to start in 2008 but works got delayed due to land ... Read More

14 projects approved under density guideline
THE Penang Municipal Council (MPPP) has approved 14 projects under the 87 units per 0.404ha guideline since it came into effect in June, 2010. State Local Government and Traffic Management Committee chairman Chow Kon Yeow said stringent measures had however been imposed on developers to build the increased density units ... Read More
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RECENT COMMENTS
- Yeah, don't dream for success but work towards it, quick ! ...chita on PM urges swift action on Penang development projects
- @Floyd Not over price. Queensbay & Straits Quay more over price ...Ryu on Twin Star
- Amaanee Residence ...SATHESH SANTHIRAN on Amaanee Residences
- Hello, anyone know when the insolvency will resolve this? Or who can help buyers out...Kim on Montage
- Too many condo.....even Triuni also not yet fully sold out. The land plot size also...Cruz on PROPOSED: 20-storey condominium at Batu Uban
- @WC_ong True, The Cube in house sales person is more professional and understand their product...Floyd on The Cube
- @WC_ong No need to compare much actually. Both projects in combination is less than 1200...Floyd on The Cube
- @Koja Congratulation on ur purchase. Sea view unit is a good catch at this price....Floyd on The Cube
- @WC_ong Frankly, the houses in Jelutong, either Twinstar or The Cube is a bit overvalued...Floyd on Twin Star
- The 475k prices (After 13k discount) was meant for first time house buyer. Plus the...Floyd on Twin Star
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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