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Developers still upbeat about market
Six developers will launch more than RM6.29bil worth of properties in the country this year amid a backdrop of property glut and rising bank interest rates. Ideal Property Sdn Bhd will launch properties with a total gross development value (GDV) of with RM550mil, IJM Land Bhd RM987mil, Mah Sing Group ... Read More
Sunway Carnival Mall Expansion & Refurbishment
Situated in 12 acres land in the heart of thriving Seberang Jaya township, Sunway Carnival mall has established itself as a major suburban shopping mall since opening in 2007. The expansion will be implemented in phases with Phase 1 to be completed by November 2020, featuring more than 1.2 million ... Read More
Upgrading of stretch eases travelling between Teluk Kumbar and Bayan Lepas
The upgrading of the federal road from Teluk Kumbar to Penang International Airport in Bayan Lepas has been completed, making commuting between the two areas faster and more convenient. The RM207.7mil project included the upgrading of two overhead bridges, a four-lane 750m elevated structure from Jalan Teluk Kumbar to the ... Read More
UPCOMING: Kubang Semang / Hartamas Bestari Sdn. Bhd.
A proposed mixed landed residential development by Hartamas Bestari Sdn. Bhd. at Kubang Semang, a small township in Central Seberang Perai district. It is just a stone's throw away from Taman Seri Mengkuang, about 15 drive from Penang Bridge via Butterworth - Kulim Expressway. This development comprises a mix of ... Read More
Malaysia’s property market to remain weak
The Malaysian property market is expected to remain weak in the first half of this year amid flagging demand ahead of the upcoming general election, an independent property consultant said. Knight Frank Malaysia, a unit of London-based Knight Frank LLP, said the property market is expected to continue its lacklustre ... Read More
Plans to build new flyover from Jalan Ayer Itam to Jalan Thean Teik
Plans to build a flyover to reduce traffic flowing from Jalan Ayer Itam towards Jalan Thean Tek in Penang are in the pipeline, said state Local Government Committee chairman Chow Kon Yeow. He added that details of the plan would be announced later. “The flyover would probably be somewhere near ... Read More
UPCOMING: Simpang Ampat / TPPT Sdn. Bhd.
A proposed mixed development by TPPT Sdn. Bhd. at Simpang Ampat. Located adjacent to Pearl City township development by Tambun Indah Bhd., just a stone's throw away from Simpang Ampat Industrial Estate. It is under 20 minutes drive to Penang Second bridge. This development comprises a mix 2-storey terrace, clustered ... Read More
E&O focuses to complete STP2 reclamation by this year
Lifestyle luxury developer Eastern & Oriental Bhd (E&O) will remain focused on completing the reclamation of Seri Tanjung Pinang Phase 2 (STP2) in Penang by the second half of this year. According to managing director Kok Tuck Cheong, land titles for areas reclaimed above two metres chart datum (CD) have ... Read More
Festive treat for homebuyers
There was a festive mood in the air as visitors and clients gathered at the open house hosted by Paramount Utropolis Sales Gallery at Design Village Penang. They were treated to a scrumptious spread of dishes as well as local delights such as nyonya kuih, laksa, fried rice, tropical fruits and ... Read More
Celesta Residency
Celesta Residency, yet another mixed development by Red Blue Development Sdn. Bhd. (TGB Group) in the established township of Sungai Nibong. Strategically located along Jalan Sultan Azlan Shah, diagonally opposite three public schools, namely SRJK(C) Kwang Hwa, SRJK(C) Shih Chung and SMK Sungai Nibong. It is adjacent to The Sun ... Read More
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- Affordable Housing (Penang Island)
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