News & Articles
BNM: Housing market activity improves heading into 2022
Some improvements in housing market activity are visible heading into 2022, although the number of unsold houses remained high at 180,702 units in the third quarter (Q3) of 2021. Disruptions caused by the pandemic partly contributed to the slower clearance of unsold housing stock despite ongoing home purchase incentives, said ... Read More
SITE PROGRESS: Havana Beach Residences (Mar 2022)
About Havana Beach Residences Affordable housing development by Ideal Property Group at Bayan Lepas. Strategically located near Jalan Tun Dr. Awang, less than 2km away from Penang International Airport. It is about 5 minutes walking distance to SMJK Heng Ee (Bayan Baru branch). Find out more about Havana Beach Residences Register your ... Read More
Penang’s ferry terminals upgrade to be completed by August
The project to upgrade the two ferry terminals in Penang will be completed in August and will have airport-like facilities as well as cater to persons with disabilities (PwD). Penang Port Commission (PPC ) chairman Datuk Tan Teik Cheng said the upgrading works at the Pangkalan Sultan Abdul Halim (PSAH) ... Read More
Desa Mawar neighbourhood park at Air Itam now officially opened
It was a joyful Sunday morning for those living in Air Itam as the Penang government officially announced the opening of the long-awaited Desa Mawar neighbourhood park here. Measuring 6,855sq ft, the park was upgraded and installed with various attractive facilities for the people to enjoy. The construction works at the ... Read More
Titijaya and DHL to develop semiconductor logistic facility in Batu Maung
Penang will see the establishment of its first-ever ultra-modern logistics commercial complex in Bayan Lepas next year. Titijaya Land Berhad and DHL Supply Chain (M) Sdn yesterday signed a Memorandum of Agreement (MoA) to develop the complex at a 20-acre mixed development site in Bayan Lepas. Chief Minister Chow Kon Yeow, ... Read More
SITE PROGRESS: Queens Residences – Q2 (Mar 2022)
About Queens Residences Luxury waterfront development by Ideal Property Group at Bayan Bay with gross development value (GDV) of RM600mil. This development is located in front of BayStar Condominium, just stone’s throw away from Queensbay Mall. Find out more about Queens Residences Register your interest here to keep yourself updated with ... Read More
Asia Green’s The Zen expected to be ready early next year
Asia Green Group’s affordable homes project, called The Zen, is progressing well and is expected to be ready by early next year, state Housing, Local Government, Town and Country Planning Committee chairman Jagdeep Singh Deo said. Jagdeep and several staff members from the Penang Housing Board, as well as architects ... Read More
Esplanade seawall upgrading is expected to complete by end next month
Works on the RM14mil Esplanade seawall upgrading are on schedule, with completion expected at the end of April. Outlining the project works, Perunding YAA Sdn Bhd said it employed methods and construction materials that would “harmonise” with the qualities and heritage significance of the George Town World Unesco Heritage Site ... Read More
Does residential property hedge against inflation?
Real estate has traditionally been viewed as a safe investment asset with powerful inflation hedging capability compared to other assets such as stocks and bonds. However, the current pandemic-induced economic weakness is testing such a perception. This is because the rampant house price growth since the coronavirus outbreak has put the ... Read More
Are high maintenance fees scaring off millennials?
More Malaysian millennials are beginning to dip their toes into the property market and become prospective buyers. With their limited budget, only affordable properties are within their grasp. Horror stories of impulse buys and hidden costs aside, are high maintenance fees scaring them off. With tight budgets, millennials generally prioritise ... Read More
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RECENT COMMENTS
- @millionaire Agree The light city is a very happening place with all condo amenities infrastructure...Henneican on New flyover opens at The Light Waterfront Penang
- @millionaire Yes!!! Better than Queens waterfront. Good for investment & own stay. ...Xiao Zhi on New flyover opens at The Light Waterfront Penang
- @Henneican Mezzo will be the most happening place in island in very near future. ...millionaire on New flyover opens at The Light Waterfront Penang
- @Minion Yes. Queens so many illegal parking +illegal bike gathering at night. ...Xiao Zhi on Queens Residences Q3
- @LL Still prefer Queens waterfront seafront condo than Mezzo. ...Henneican on New flyover opens at The Light Waterfront Penang
- What we would like to know when is this stretch of road going to be...Xulih on Jalan Tok Kangar upgrading project progresses ahead of schedule
- Xiao Zhi : @Eric Wong Regardless of Seaview or City view all are under...Minion on Queens Residences Q3
- LL : Very noisy and impacted light and mezzo. zen is much more peaceful...Minion on New flyover opens at The Light Waterfront Penang
- @Xiao Zhi should have moved to quaywest or zen. they are better than mezzo ...LL on Queens Residences Q3
- Very noisy and impacted light and mezzo. zen is much more peaceful ...LL on New flyover opens at The Light Waterfront Penang
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Latest Property News
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
