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Ewein set to bag second Penang project by year end
Ewein Bhd, which is currently jointly developing the RM800 million City of Dreams condominium project in Bandar Tanjong Pinang, Penang with Consortium Zenith BUCG Sdn Bhd (CZBUCG), is set to bag its second project on the island by the end of the year. “Right now, we are finalising and fine-tuning ... Read More
UPCOMING: Butterworth / CBD Capital Sdn. Bhd.
An upcoming high-rise development proposed by CBD Capital Sdn. Bhd. at Butterworth. This project comprises a 15-storey 205-unit service apartment with 3 retail units located at ground floor. It will also comes with facilities such as swimming pool, gymnasium and etc. This development is located just next to Butterworth Outer Ring ... Read More
Good news for renters, not so much for buyers
Are you currently renting or looking to rent? If you are, there might be some good news for you on the horizon. Rental charged for condominium units is expected to drop by 20% to 40% due to an oversupply: as more and more of them become ready for occupancy and ... Read More
Debating DIBS for the property market
The Government is considering housing developers’ request to reintroduce DIBS (Developers Interest-Bearing Scheme) for first-time house buyers. Minister in the Prime Minister’s Department Datuk Seri Abdul Wahid Omar says the Government is discussing whether to relax current buying and lending guidelines for first-time house buyers. “It is still at the ... Read More
Penangites are hoping a rail-based transport system will be the answer
Slow-moving traffic has become the daily bane of road users on Penang Island and has recently gotten worse. With a population of 752,800 people, the island had 1.03 million private car registrations in 2014 – a staggering increase of 32.9% in seven years from 2008. Road users commute for various ... Read More
AFFORDABLE: Bukit Mertajam / Villa Acres Development S.B.
A newly proposed affordable housing project by Villa Acres Development Sdn. Bhd. at Bukit Mertajam, Penang. If approved, this will be one of the very strategic affordable housing location in the mainland that I have known so far. It is strategically located along Jalan Betek, easily accessible via the ever ... Read More
E&O awards reclamation works to China firm
Eastern & Oriental Bhd (E&O) has awarded a contract to China Communications Construction Co Ltd (CCCC) to undertake land reclamation works for Seri Tanjung Pinang Phase 2 (STP2) in Penang. In a filing with Bursa Malaysia, E&O said its subsidiary Tanjung Pinang Development Sdn Bhd had issued a letter of ... Read More
Penang unveiling innovative housing packages in stages
A string of innovative housing packages to counter the high rate of bank loan rejections will be introduced in Penang soon. State Housing, Town and Country Planning Committee chairman Jagdeep Singh said details of the packages, which would be introduced in stages, would help to cushion the loan rejections of ... Read More
UPCOMING: Butterworth / Praicon Corporation Sdn. Bhd.
A proposed high-rise commercial development by Praicon Corporation Sdn. Bhd. in Butterworth, Penang. Strategically located along Jalan Chain Ferry, walking distance to Econsave Hypermarket, just a short drive to Harbour Place integrated development by PJD Group. This development will consist of a 27-storey commercial building with 154 units of service ... Read More
Four options given to squatters
A developer has offered four compensation options to residents of 823 squatter units in Sungai Nibong Kecil and Sungai Nibong Tengah, Penang, who have to make way for a mixed development project. The options given by Hunza Properties Berhad are cash, cluster houses in Bertam and low-cost flats in Bertam ... Read More
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- @honda learning the best practise of Asia green ...LL on Mezzo @ The Light City
- About time to bring in TOD development into this white elephant that only used once...Penangite on Tapak Pesta Sungai Nibong will soon make way for Mutiara Line LRT secondary depot
- It looks like the good old times are back in Penang again. The hills are...chita on Tapak Pesta Sungai Nibong will soon make way for Mutiara Line LRT secondary depot
- @millionaire wow.. IJM so efficient do MOT? Some developer after few years still dunwan proceed...honda on Mezzo @ The Light City
- higher floor, affordable, 2 carpark, higher floor L20 onwards, any ppl want to sell ?...TTL: on Affordable Housing @ The Zen
- Anyone wants to sell its 840sqft house at level 10 and above please contact me....Moon on Triuni Residences
- Interested to rent a unit long term here. Direct owners owners only, no agents. ...Oliver on Sandilands
- @KC I agreed with you that PWC should be able to plan better as new...millionaire on The Pier
- Updated by IJM marketing, the Mezzo will be handed over key on April 2025. Started...millionaire on Mezzo @ The Light City
- @KC Fully agreed. It's definitely better for PWC as a brand new master plan township....Hemsley on The Pier
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