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Linear Garden at the Esplanade is now open to the public
The Linear Garden at the Esplanade is now open to the public, strengthening the commitment of the state to promoting health, fostering economic development, and creating sustainable urban environments in George Town. The project’s upgrading efforts commenced in May last year (2023) and reached completion in December last year (2023) ... Read More
Application to rent MBPP vacant stalls begins today
Those interested in renting vacant stalls at markets, food courts, and hawker complexes under the Penang Island City Council (MBPP) now have the opportunity to apply through a virtual session on Feb 26. MBPP councillor Tan Soo Siang said the application period will run from Jan 30 until Feb 22. “In ... Read More
Mekarsari Unggul
Mekasari Unggul is a landed residential development in Bertam, representing the latest phase of the Mekarsari master-planned township by Hunza Properties Group. Situated near the main road of Jalan Tun Hamdan Sheikh Tahir and adjacent to Penang Technology Park @ Bertam, it is conveniently located just a 10-minute drive from ... Read More
Tropicana Corp sells Courtyard by Marriott Penang to IOI for RM165m
Tropicana Corporation Bhd’s subsidiary, Tropicana Macalister Avenue (Penang) Sdn Bhd, has signed a sale and purchase agreement with IOI PFCC Hotel Sdn Bhd to sell Courtyard by Marriott Penang for RM165 million. The transaction will generate a surplus cash of approximately RM80.8 million for Tropicana, contributing to a reduction in ... Read More
Equalbase invests RM300mil on first logistics complex in Penang
Equalbase, which specialises in sustainable commercial and industrial logistics developments in Asia, is investing RM300 million for its first carbon-neutral logistics complex in Valdor, Penang. Valdor I, spanning 4.6 hectares and over 600,000 square feet, will achieve over 50 per cent energy efficiency using Equalbase's carbon-cured concrete, reducing carbon dioxide ... Read More
IJM Perennial Development tops out Penang Waterfront Convention Centre
IJM Perennial Development Sdn Bhd topped-out the Penang Waterfront Convention Centre (PWCC) on Tuesday. PWCC, located in Gelugor, Penang, is set to be completed in 2Q2025, according to a press release dated Jan 23. The Light City is jointly developed by IJM Corporation Bhd and Perennial Holdings Pte Ltd. IJM ... Read More
SITE PROGRESS: Lucerne Residences (Jan 2024)
About Lucerne Residences The final phase of residential development by Ideal Property Group at Ideal Vision Park in Bayan Lepas. It is just a short drive to Penang International Airport, 10 minutes walking distance to Straits International School. The project will see two blocks of 36-storey skyscrapers featuring a European living concept. It offers 480 ... Read More
BNM keeps OPR at 3%
In its recent meeting, the Monetary Policy Committee (MPC) of Bank Negara Malaysia announced the decision to maintain the Overnight Policy Rate (OPR) at 3%. The move is in line with the current assessment of the global and domestic economic landscape. Globally, the economy continues to expand, driven by robust ... Read More
REHDA: Different housing affordability measures needed
The traditional housing affordability measure of median multiple is too conservative, whereas measures of residual income and housing cost burden are more realistic, Rehda Institute shared on Tuesday during a stakeholders' discussion held at Wisma Rehda in Petaling Jaya for an upcoming report titled Affordable Housing II: Closing the Gap ... Read More
Escalating prices dash homeownership dreams for Malaysian millennials
The aspiration of owning a home, a cornerstone of financial stability and future planning, remains an uphill battle for many Malaysian millennials residing in major cities. The intertwining factors of skyrocketing property prices and an unyielding surge in the cost of living create a formidable barrier, leaving the younger generation, ... Read More
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- I did receive the message this evening too about the developer in liquidation. I followed...wuming on Montage
- Just receive the message today. Can someone help to create a Facebook page and paste...Buyer on Montage
- @Floyd I believe Urban Suites shouldn't be consideration since it's more an Airbnb product. 700k...millionaire on Twin Star
- Did anyone receive communication from developer lately? ...montage on Montage
- Hi all, I received a message that the developer have been wound up. Should we...hk on Montage
- @Buyer 3 Developer in liquidation January 2025. Project not completed. Do u fight for your...Annoymus on Montage
- agree to this ...... been long time practise in KL..... ...williamyl on Penang to trial 2-hour parking limit in congested areas
- Already close to being completed, but still doesn't have a name? ...google on UPCOMING: Bukit Dumbar / Zantalite Enterprise (M) Sdn. Bhd.
- @millionaire If one prefer Air Itam area, The Mandarin would be a good option. But...Floyd on Twin Star
- @Perak lane Actually Twin Star and Cube have their own Pro and Cons. In general,...Floyd on The Cube
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- Affordable Housing (Penang Island)
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- GBS @ The Waterfront
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- Gurney Wharf
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- Kobay Jelutong
- Lin Xiang Xiong Art Gallery
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