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News & Articles

Pan-Island-Link-1

Pan Island Link 1

A new 20km highway, the Pan Island Link 1, is proposed to alleviate the heavy traffic load on the Tun Dr Lim Chong Eu Expressway (LCE) and adjacent arterial such as Pengkalan Weld, Jalan Masjid Negeri, Jalan Jelutong and Jalan Sultan Azlan Shah. Given that little can be done to improve conditions ... Read More
top20-1q2016

20 Most Active Projects in Penang (Q1 2016)

2016 looks to be another happening year for property industry in Penang. While many industry experts predicted the property market to remain slow, our website traffic has hit an all-time high with nearly 1 million pageviews and over 180k unique visitors in Q1. With that in mind, let's take a look at the 20 ... Read More
penang man made island new

Penang Structure Plan – Three proposed man-made isles to be included

The Penang Structure Plan, which is out-dated, needs to be revised to incorporate the three proposed man-made islands off the south coast near Permatang Damar Laut meant to fund the Penang Transport Master Plan (PTMP). State Local Government, Traffic Management and Flood Mitigation Committee chairman Chow Kon Yeow said a ... Read More
eco-meadows

Eco Terraces, Eco Meadows, Eco Bloom & Eco Marina

Eco World Development Group Bhd, driven by a vision to ‘create tomorrow and beyond’, is gradually transforming Penang’s skyline with unique projects. Its Eco Terraces is taking shape in Paya Terubong on the island, so too are Eco Meadows and Eco Bloom in Bukit Tambun on the mainland. Towards the ... Read More
design-village-opening-en

Design Village Penang Grand Opening on 23 Nov 2016

* UPDATE: Design Village grand opening - 23 November 2016 @ 6PM * Design Village Penang – the northern state’s first premium outlet mall – aims to open by this November in time for the school holidays, said its general manager Tay Ai Leen. This is slightly earlier than its previous ... Read More
Figure 1: Property Indicator

Will 2016 fare better than 2015? What is the Opportunity vs the Risk?

* Article by Freemind Works * The year 2015 has seen significant highlights in the property market. The year started with the implementation of GST in April 2015. The predictions of frenzy buying before and after the GST did not come true. Majority of investors, instead, took a wait and ... Read More
KOMTAR, Macallum, Bdr Sri Pinang

Proposed LRT Stations – Bayan Lepas Line

Bayan Lepas LRT, the very first LRT line in Penang, will be about 30 km in length with 27 stations running from KOMTAR to the future reclaimed islands in the south. Besides passing through must-go-points at KOMTAR, Bayan Lepas FIZ and the Penang International Airport, the line will also serve established ... Read More
mydeposit-announcement

MyDeposit scheme to help first home buyer

Prime Minister Datuk Seri Najib Razak Thursday announced the implementation of the First Home Financing Scheme (MyDeposit) as tabled in the 2016 Budget. He said the scheme was implemented to help the middle 40 per cent income bracket (M40) with household incomes of between RM3,000 and RM10,000. "(This scheme involves) ... Read More
bayan-lepas-lrt

Penang LRT – Bayan Lepas Line

The proposed Bayan Lepas Light Rail Transit Line will covers a distance of 30km and 27 stations. Of its 27 proposed stations, 19 are to be in Komtar, Macallum Street area, Bandar Sri Pinang, the future Sky Cab station, East Jelutong, The Light Waterfront, Gelugor, Universiti Sains Malaysia, Batu Uban, Pesta ... Read More
flyover-photo

Bayan Lepas Expressway (BLE) open today at 2PM

Motorist will be able to use the four-lane Bayan Lepas Expressway (BLE) in Penang from 2pm today. The elevated 3.2km-long dual carriage structure of the BLE connects motorists coming from Batu Maung to Sungai Nibong (Queensbay). In a press statement yesterday, the Public Works Department and UEM Builders Berhad advised ... Read More