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ewein-land-deal

Ewein buys land to build a workers’ dormitory

Ewein Bhd is stepping up its game in the provision of services connected to worker dormitory lodgings and workforce management a related party deal. The property developer and producer of precision sheet metal fabrication is paying RM25.84 million to acquire a plot of unoccupied industrial land in Butterworth, Penang, to ... Read More
penang-southwest

Projects of houses priced below RM300,000 get abandoned most

The Housing and Local Government Ministry has recorded 117 abandoned projects covering 30,840 units of houses as at January 31 with 81 of them comprising housing projects priced RM300,000 and below. Its deputy minister Datuk Aiman Athirah Sabu (pictured) said the 81 projects involve 23,031 unit of houses and 12,565 ... Read More
sanctuary-row-site-progress-mar2024-1

SITE PROGRESS: Sanctuary Row (Mar 2024)

About Sactuary Row A freehold commercial development at Permatang Sanctuary by IJM in Bukit Mertajam. Located along Jalan Santuari 2, right across the road from Sanctuary Villa. It is only 2km away from AEON Mall and Tesco Hypermarket, about 15-minute drive to Juru Auto-City and Penang Second Bridge. This development features 24 units ... Read More
komtar-with-bridge-background

PDC to breathe new life into Komtar

Komtar, Penang's prime shopping centre in the 1980s and 1990s, has lost its appeal over the years. And the only thing keeping Komtar alive is the fact that it houses the administrative offices of the Penang government and the chief minister, aside from the Urban Transformation Centre (UTC). Penang Development ... Read More
frieden-terrace

Frieden

Frieden, a landed residential development by Viva Prima Development Sdn. Bhd. (a subsidiary of WHH Land) at Bukit Minyak. Located near Jalan Bukit Minyak, this development is adjacent to BM Utama housing scheme by DNP Land. It is 20 minutes drive away from Penang Bridge, under 5km to AEON Mall at Bukit ... Read More
pdc-strategy

PDC makes transformative approach with RM5b strategic plan

As a pioneering state agency, the Penang Development Corporation (PDC) today unveiled three key measures to stay relevant, enhance competitiveness and boost the state’s overall economic performance. The three measures include the launching of the PDC 2024 – 2028 Strategic Plan, Sustainability Initiative and GoDIGITAL PDC. PDC chief executive officer ... Read More
terraces-condominium-site-progress-mar2024-2

SITE PROGRESS: Terraces Condominium (Mar 2024)

About Terraces Condominium A highrise residential development by IJM Land at Bukit Jambul, Penang. Strategically located on 9.32 acres of land next to INTI International College. It comprises a 34-storey condominium tower, featuring 410 residential units with two different design types to choose from. Find out more about Terraces Condominium Register ... Read More
ventus-tradesmen-ascott

Groundbreaking of Batu Maung’s new landmark by Jayamas Property Group

Jayamas Property Group, a prominent player in the Penang property market, marked a significant milestone with the groundbreaking ceremony and signing ceremony of the Ventus & Tradesmen development project in Batu Maung on Thursday. This event signifies an important collaboration between Jayamas Property Group and The Ascott Limited, heralding a new era ... Read More
construction-site

DOSH Penang takes steps to ensure safety at construction sites

The Department of Occupational Safety and Health (DOSH) Penang has issued 49 stop-work orders and 11 improvement notices through the Construction Site Operation (OTP), which was carried out at several construction sites statewide between Feb 27 and March 6. Besides that, they also issued 13 seizure notices, 11 warning letters ... Read More
household-debt

Malaysian household debt at RM1.53 trillion

With Malaysia's household debt reaching RM1.53 trillion, the country and its households are poised to encounter significant challenges during times of hardship. Centre for Market Education chief executive officer Dr Carmelo Ferlito said the household debt figure was concerning from both micro and macro perspectives. "The economy proceeds via fluctuations, ... Read More