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iconic-regency-site-progress-jan-2024

SITE PROGRESS: Iconic Regency (Jan 2024)

About Iconic Regency A mixed development by Iconic Development Sdn. Bhd. at Sungai Nibong. Strategically located along Jalan Sultan Azlan Shah, next to SK Sungai Nibong. It is only 10 minutes walk to two future LRT Stations – Sungai Nibong & Pesta Stations. Featuring a 42-storey serviced suites with 268 fully furnished ... Read More
water-tarriff-adjustment

Penang water tariffs to double from Feb 1

Water tariff rates for domestic users in Penang will double from Feb 1, chief minister Chow Kon Yeow announced on Wednesday. Accounts that use zero to 20 cubic metres a month will be charged 50 sen per cubic metre, compared with 22 sen now. Meanwhile, those who use 20 to ... Read More
gurney-vertex-main

Gurney Vertex

Gurney Vertex, a commercial property development project by TT Gratia Land Development Sdn. Bhd. located near Gurney Drive. Situated strategically along the bustling Kelawai Road, it is directly across from Gurney Plaza. This development is in close proximity to Gurney Bay and within a short walking distance to Gurney Plaza ... Read More
lrt-soon

Bayan Lepas LRT Project is set to be finalized soon

Bayan Lepas LRT Project is set to commence later this year, according to Transport Minister Anthony Loke Siew Fook. The announcement was made yesterday during a press conference following the signing of a Memorandum of Understanding (MoU) between the Railway Assets Corporation (RAC) and the Penang State Housing Board (LPNPP) ... Read More
kampung-manis-redevelopment

Redevelopment of Kampung Manis: RAC and LPNPP sign MoU for collaborative development

In a significant move toward urban redevelopment, the Railway Assets Corporation (RAC) has officially signed a Memorandum of Understanding (MoU) with the Penang State Housing Board (LPNPP) for the redevelopment of Kampung Manis in Perai through a collaborative effort. The MoU was signed between RAC's Chief Executive Officer, Dato’ Azhar Ahmad, ... Read More
Cassia-Cempaka-Dahlia

Cassia Cempaka – Serenity Within Reach

Nestled in the vibrant township Bandar Cassia, Batu Kawan, Cassia Cempaka by PDC Properties Sdn. Bhd. epitomizes a harmonious blend of modern living and serene surroundings. This freehold residential development spans 28.47 acres, drawing inspiration from the Cempaka flower's exquisite essence. Comprising two distinct residential options – Dahlia (Double Storey Terrace) ... Read More
penang properties

Not so rosy for office and serviced apartment property in 2024

Selected areas and segments of the property market in Malaysia are expected to perform well in 2024, but elsewhere there are areas of concern. Industry experts expect to see sales improve as the people’s spending power recovers and the government’s efforts to attract foreign direct investment (FDIs) bears fruit. However, ... Read More
savana-site-progress-jan-2024

SITE PROGRESS: Savana @ Utropolis (Jan 2024)

About Savana @ Utropolis This is the fourth phase of Paramount Property’s Utropolis development at Batu Kawan. Located along Jalan Cassia Barat 2, adjacent to Sensasi and Sinaran Residences. It is less than 5 minutes’ walking distance to Design Village outlet mall and UOW MALAYSIA KDU Penang University College, with easy ... Read More
George Town

Malaysia’s home rental up 5.5% in 2023

Rents across Malaysia increased by 5.5% in 2023, according to data from a newly released index. Rents were now 7.4% higher than during the pandemic’s worst phase, suggests the Malaysia Home Rental Index by real estate agent network IQI, a member of Juwai IQI. In the fourth quarter, it said ... Read More
g-vinton

G’Vinton

G'Vinton, a serviced residence development by Sunrich Capital Sdn. Bhd. (Subsidiary of GSD Land) in George Town. Strategically located on approximately 1 acre of land along Jalan Sultan Ahmad Shah, in between Ambank and NSTP building. It is only a mere minute's drive to KOMTAR and Penang's most popular tourist destination - Gurney ... Read More