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Penang Property Outlook 2016
Looking back at 2015 2015 was certainly a challenging year for property developers. Various cautionary signals continued to influence the market sentiments. This is evidenced by the consecutive quarter-on-quarter decline in the residential property transactions since 2013. The decline in transactions was particularly obvious for residential property in the island ... Read More
Glisten Hill
Glisten Hill, an upcoming high-rise development in Juru, Penang. This development is located along Jalan Juru, comprises 134 units of service suites. It is only a short drive from Juru Autocity, about 10 minutes drive to AEON Big hypermarket at Bukit Minyak. Property Project : Glisten Hill Location : Juru, Penang Property Type : Service Suites ... Read More
Land reclamation the only way to fund transport plans in Penang
No choice but to reclaim land to fund transport plans in Penang Over the past seven years, the DAP-led Penang government has had to endure criticism from various quarters over many of the changes introduced in the state. Among them are the proposed undersea tunnel and highway projects and more ... Read More
Ramah Pavilion vs One Foresta
If you are buying your first home in the South-West district of Penang, you may be interested to find out how are these two affordable housing projects compared to each other. Ramah Pavilion One Foresta Developer M Summit Group Ideal Property Group Location Teluk Kumbar Sungai Ara Standard unit size ... Read More
Ewein To Acquire Land In Penang For RM162 Million
Ewein Bhd's (Ewein) unit, Ewein Zenith II Sdn Bhd, has inked a sale and purchase agreement (SPA) with Consortium Zenith BUCG Sdn Bhd (CZBUCG) to acquire a 1.79-hectare freehold land in Section 1, Bandar Tanjong Pinang, Penang for RM162 million. In a statement, Ewein said RM16.2 million would be deposited ... Read More
Projects worth RM41bil in Penang next year
Five developers will undertake RM4.33bil in property projects in Penang next year despite a challenging year for the property market. The developers planned to price their mostly residential properties from between RM480,000 and RM3.3mil. The price range came on the heels of this year’s launches of between RM200,000 and RM400,000 ... Read More
Tri Pinnacle vs i-Santorini
Affordable housing is no longer a new topic for potential home buyers. So many yet it could be so few that is suitable. Today, let's take a stroll into comparing the two most popular affordable housing projects in the north east district of Penang Island. Both projects are located within ... Read More
Mainland folk to decide on transport master plan
The people of Seberang Prai will have a say in the RM27bil Penang Transport Master Plan, said Chief Minister Lim Guan Eng. “The plan will affect them. They must have a say and voice out whether they want it or not. “If they reject the plan, it will not be ... Read More
Transport masterplan to ease traffic congestion in Penang
The business community in Penang hopes the ambitious RM27bil Penang Transport Master Plan (PTMP) materialises, stating that it would ease the growing traffic congestion on the island part of the state. This was a contrast to voices of concern raised by some quarters on the risks of PTMP that would ... Read More
More details about LRT routes, especially in mainland
More rail access for Penang The planned light rail transit (LRT) linking the island and the mainland will be connected to two other train services planned for the state. This proposed fourth link across the sea will have interchange stations in Gelugor on the island and Taman Supreme on the ... Read More
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RECENT COMMENTS
- any investment is good investment as long as it is not scam center/park . Kedah...Oh nice on Landmark agreement signed for Penang Medi-City development
- hope Asia Green can help to develop TOD ...LL on Tapak Pesta Sungai Nibong will soon make way for Mutiara Line LRT secondary depot
- @Penangite true ..it's time to fully utilised the piece of land. ...Lee HL on Tapak Pesta Sungai Nibong will soon make way for Mutiara Line LRT secondary depot
- @Buyer Why use we chat? Is this official & legal group? How to protect buyers...Ryu on Montage
- @Montage Penny Please msg - Montage Residence at FB page with yr S&P copy proof...Buyer on Montage
- @OWL Please msg - Montage Residence at FB page with yr S&P copy proof to...Buyer on Montage
- @Vincent No problem, it will not completely block. i still have faith in it. This...LL on The Pier
- I am also Montage owner, did received the developer bankruptcy message yesterday. What should we...OWL on Montage
- Hi Montage buyers, Yes I also received that developer bankruptcy notification yesterday. Do anyone know...Montage Penny on Montage
- @millionaire Not really agree on your commend. ...LL 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
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- 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