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Bullish outlook for construction sector on job flows

The construction sector is expected to see a pick-up in job flows in the second half of this year (2H24), driven by infrastructure projects like the Penang light rail transit (LRT) and Mass Rapid Transit 3 (MRT3) in the Klang Valley. Coupled with the strong demand for industrial buildings such ... Read More

Twin Star

Twin Star, an affordable housing development by Acara Prestasi Sdn. Bhd. in Jelutong. Located on approximately 3 acres of land along Lintang Slim, adjacent to Setia Sky Ville by S P Setia which was completed last year. It is just a mere minutes' drive to Heng Ee secondary school, Penang ... Read More

Temporary road closure for beam launching works along Lebuhraya Thean Teik

In light of the ongoing Air-Itam Bypass project, another temporary road closure is scheduled to take place from the 3rd to the 4th of May 2024, between the hours of 9pm and 5am. This closure is necessary to facilitate beam launching works along the Lebuhraya Thean Teik, specifically between Desa ... Read More

Iconic Worldwide keen to develop theme parks, resorts, townships

Iconic Worldwide Bhd is engaged in preliminary discussions with potential partners to develop mega townships and industrial projects throughout Malaysia. The group is also exploring avenues to establish resorts, villas, and theme parks, with the aim of bolstering tourism in Penang and leveraging the island's distinguished reputation as a top-tier ... Read More
Dua Tanjung

Dua Tanjung

Dua Tanjung, an upcoming condominium development by UDA Holdings Berhad in Tanjung Tokong. Situated along Jalan Desiran Tanjung, it stands adjacent to The Brezza condominium. Boasting a prime location, it's merely a 5-minute walk to Island 88, with convenient access to essential amenities within the established upscale neighborhood. This development will ... Read More

Hartasuma, Doppelmayr ink Penang Hill cable car project deal

The Penang Hill cable car project is set to break ground in June and promises to elevate the tourist experience for the region, following the signing of a contract on Thursday. Hartasuma Sdn Bhd, a leading Malaysian homegrown pioneer in the local rail industry with almost 30 years of experience, ... Read More

My Ideal Home Photo Contest Winners Exhibition opens at 1st Avenue Penang

Ideal Property Group is excited to unveil the My Ideal Home Photo Contest Winners Exhibition at 1st Avenue Penang. This engaging three-month exhibition, which began last Saturday, is more than a showcase of award-winning photography—it is a celebration of the transformative properties of Ideal Property Group's real estate developments. Curated ... Read More

New EPF initiative won’t have significant impact on property sector

Despite lower contributions to Akaun Sejahtera following the Employees Provident Fund’s (EPF) latest initiative, analysts are of the opinion that it won’t have a significant impact on the property sector. Economists said this was because Akaun Sejahtera, formerly known as Account 2, only saw a decrease of 5% in contributions, ... Read More

PDC and TNB collaborate to strengthen infrastructure readiness

Penang Chief Minister Chow Kon Yeow expressed his hopes for the Penang Development Corporation (PDC) to continue collaborating with state and federal government agencies to create an environment conducive to the industrial ecosystem. He aims to ensure the development of more industrial parks equipped with high-quality infrastructure, positioning Penang at ... Read More

SITE PROGRESS: Iconic Regency (Apr 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