News & Articles

SITE PROGRESS: Golden Gateway (Feb 2020)
About Golden Gateway An SME Industrial Park located on a 20.5 acre land at the southeast part of Batu Kawan. Strategically located off Jalan Perusahaan Valdor, just a mere minutes drive to Batu Kawan Industrial Park. It is only 5 minutes away from Penang Second Bridge. Comprises 54 units of semi-detached and ... Read More

Penang seeks funds for Penang Bay project
The Penang state government will be presenting its ambitious Penang Bay project at the 10th World Urban Forum (WUF10) to seek funding and ideas from investors, said state exco Jagdeep Singh Deo. The Local Government, Housing and Town and Country Planning Committee chairman will be leading a delegation to WUF10 ... Read More

SITE PROGRESS: Queens Residences (Feb 2020)
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 ... Read More

Penang South Island to incorporate green and smart development
Chief Minister Chow Kon Yeow has assured that Penang will incorporate all the good practices of green and smart development for its proposed Penang South Reclamation (PSR) project. He said the massive 1,800ha reclamation project, which will see the creation of three man-made islands, would be climate-resilient. He said the ... Read More

Gurney Wharf to be ready by August 2021
The Penang state government expects the new waterfront on reclaimed land off Gurney Drive to be completed by August 2021, Chief Minister Chow Kon Yeow said today. He said the state government would sign an agreement this month, appointing consultants for the project, called Gurney Wharf. A tender would be ... Read More

Ideal to refurbish parts of Penang cruise terminal
Ideal United Bintang International Bhd has signed a memorandum of understanding (MoU) with Penang Port Commission to refurbish parts of Swettenham Pier Cruise Terminal (SPCT) in Penang Island. In a bourse filing today, Ideal said the project is to redesign and refurbish three buildings, namely Godown 5, Godown 7 and Godown 8, ... Read More

Tambun Indah to establish specialist hospital in Pearl City
Tambun Indah Land Bhd and Taiwan-based Show Chwan Medical Care Corp have entered into a memorandum of understanding (MoU) to jointly establish a private specialist hospital, Penang Show Chwan Hospital, at Pearl City in Seberang Perai Selatan, Penang. Pearl City is a township currently developed by Tambun Indah. In a filing to Bursa Malaysia ... Read More

Celebrate a Prosperous CNY with Mah Sing @ Southbay
Celebrate a Prosperous CNY with Mah Sing at their QUBE Market in Southbay Sales Gallery. It is happening this weekend with lots of exciting activities! ... Read More

Triuni Residences Tower B – Lunar Grand Launch
Located just a mere minutes drive from Penang Bridge, Triuni Residences is a unique collection of condominium surrounded by verdant landscaped grounds that is conceptualized by an award-winning Australian landscaper, it is a home meant for everyone. Grab a unit now and enjoy up to RM108K CNY Angpow per unit ... Read More

Buying houses easier for local youths than those in nearby countries
A real estate expert claims that it is much easier for Malaysian youths to own property compared to their counterparts in neighbouring countries. Michael Geh, a senior partner with Raine & Horne Malaysia, said young people in Thailand, Indonesia, Laos and Cambodia could not “even dream of buying houses” because ... Read More
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