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
IJM in talks for two foreign hotels in Light City
IJM Perennial Development Sdn Bhd (IJMPD) is currently negotiating for a China and a US-brand name hotels to operate in the RM4.5bil Light City mixed development project in Penang, says general manager Tan Hun Beng, IJMPD is a joint-venture (JV) company between IJM Corp Bhd and Singapore based Perennial Holdings ... Read More
Aspen’s latest mixed development Versa inaugurated on Friday
Aspen Group inaugurated its latest project, called Versa, a two-tower residential development and nine commercial units, in Batu Kawan last Friday. Strategically nestled in the freehold township of Batu Kawan, Versa promises residents unparalleled comfort, convenience, and a gratifying lifestyle. Its effortless access to amenities such as IKEA Batu Kawan, Klippa ... Read More
Penang calls on PLUS to implement Juru-Sungai Dua traffic dispersal project
The Penang government has called on PLUS Malaysia Berhad (PLUS) to implement the Juru-Sungai Dua elevated highway project for the dispersal of the worsening traffic congestion in the area. Chief Minister Chow Kon Yeow said the state government had raised the matter with the Public Private Partnership Unit (UKAS) of ... Read More
GEM Residences key handover expected in the next 6-8 months
The topping-out ceremony for the GEM Residences, a collaborative luxury apartment project between Belleview Group and LTC Group, took place on Thursday. The ceremony marks a significant step towards the expected handover of keys to homeowners within the next 6 to 8 months. Penang Housing Committee chairman Datuk Seri Sundarajoo Somu ... Read More
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
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
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- I want to know more about this project. ...Andrew on Stark Tower @ The Light City
- what is the selling price? ...Andrew on Quattro East
- @Ryu That's major issue if a 5 series couldn't even park inside your lot. You...Wilson Ooi on Muze @ PICC
- @millionaire Nope, they know how to KPC around and opening ceremony, makan makan , same...MajorArches on Penang International Airport’s new link bridge nearing completion
- Bad developer, Developer Run Away, Even if Complete Project, Quality Wise Fail F9 ...MajorArches on Projects of houses priced below RM300,000 get abandoned most
- @Wilson, no problem for investor like me. Got 5 houses to stay why worry? If...Ryu on Muze @ PICC
- Hemsley : PICC is an attractive project, but there are still many years for...Minion on Muze @ PICC
- @Hemsley Well said ...KC on Muze @ PICC
- PICC is an attractive project, but there are still many years for the township completion....Hemsley on Muze @ PICC
- How is this project? ...Bex on London Pavilion
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OTHER DEVELOPMENTS
- Affordable Housing (Penang Island)
- Butterworth Arena
- Columbia Asia Medical Centre
- Eco-Tourism Hub @ Batu Kawan
- Escape Penang – Eco Theme Park
- 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