Phase 1 of the Gurney Bay opens to public today
The physical works for Phase One, also known as Priority 1, of the Gurney Bay project, have been completed and are now open to the public as of today. The Gurney Bay project, valued at RM247.8 million, is divided into two phases: Priority 1 and Priority 2. Priority 1, covering 27.70 ... Read More
Taman Eko Rimba in Bukit Mertajam welcomes visitors after two years of upgrade works
After over two years, Taman Eko Rimba in Bukit Mertajam reopened its gates to the public today. Nestled near Cheruk To'Kun, the park is known for its lush 37-hectare landscape and the peak that stands 545 metres above sea level, offering a haven for recreational activities and nature lovers. According ... Read More
SITE PROGRESS: Begonia @ Botanica.CT (Jan 2024)
About Begonia @ Botanica.CT A freehold strata landed housing development by MTT Properties & Development Sdn. Bhd. at Botanica.CT in Balik Pulau. The project is located on approximately 4 acres of land along Jalan Sungai Air Putih 5, right next to Prince of Wales Island International School. It is just a few ... Read More
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
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
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- @Krie The light city few projects suffered same fate. Waterside residence having water leakage issue...Chris on Penang optimistic about achieving target to build 220,000 affordable homes by 2030
- @Krie One example was their I Santori already, proven there what happened. ...MajorArches on Penang optimistic about achieving target to build 220,000 affordable homes by 2030
- @Krie 100% agree with you on this. Quality wise already know about it. High density...MajorArches on Penang optimistic about achieving target to build 220,000 affordable homes by 2030
- Minion : got a good deal of Arica at RM1.1M Since this a serviced...Anon on Arica @ Andaman
- I heard this project completion date only 3 years? Is this real? ...Kim on The Cube
- @Chris I get what you mean. There's way too many cases about ideal projects. Queens...Krie on Penang optimistic about achieving target to build 220,000 affordable homes by 2030
- @Krie I see. Because usually Ideal is more on high density development so Queens it...Chris on Penang optimistic about achieving target to build 220,000 affordable homes by 2030
- @Ryu Million dollar? You mean in Sin/USd? If a million convert to RM it around...Moon on Queens Residences 3
- @Chris No one talks about queens, why are you so agitated for? This post is...Krie on Penang optimistic about achieving target to build 220,000 affordable homes by 2030
- I am staying in Q2, the quality seriously cannot on par with IJM property like...Ryu on Queens Residences 3
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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