News & Articles

Busloads of visitors turn holidays into a nightmare for the neighbours
The year-end holiday season has turned into an unpleasant time for a family in Batu Maung - their neighbour operates a homestay and receives busloads of visitors at odd hours of the day. Housewife Idah, 53, said that in a span of 10 days, four busloads of people arrived at ... Read More

Attractive deals to help buyers
Tambun Indah Land Berhad has made its mark in thriving southern Seberang Prai in Penang with its flagship township of Pearl City. Designed to foster communal living, the 1,140-acre integrated undertaking in Simpang Ampat is optimally situated near the Bukit Tambun North-South Highway interchange and the second Penang Bridge. The ... Read More

SP Setia acquires land in Penang from Boustead Plantations Bhd (BPB)
SP Setia Bhd is acquiring five parcels of land measuring a total of 677.8ha in Seberang Perai Utara, Penang from Boustead Plantations Bhd (BPB) for RM620.12 million in cash. In a filing with Bursa Malaysia today, S P Setia said its wholly-owned subsidiary Setia Recreation Sdn Bhd had entered into ... Read More

Century-old Penang market to get RM5m facelift
The Campbell Street market will undergo a major upgrade next year to give it a new lease of life. The century-old market, located at the junction of Campbell Street and Carnavon Street, has experienced a drop in business in recent years as the building’s structure deteriorated over the years. After ... Read More

Christmas Wonderland at Eco Meadows
Eco World Development Group Berhad [EW Berhad or EcoWorld] celebrated the most wonderful time of the year at its EcoWorld Gallery @ Eco Meadows with a special runway collection of bridal gowns in conjunction with the Group’s on-going Let Love Snow Christmas celebrations. The fashion parade was set up by ... Read More

Rainbow Skywalk opening tomorrow (18 Dec 2016)
Assumptions that the world is flat and people would fall over the edge if they went to the end of the horizon disappeared over 3,500 years ago because that non-existent edge gets farther as people climbed higher. Stand at sea level and your horizon is 4.7km away. But on Level ... Read More

Is affordable housing a good investment in Penang?
Affordable housing has been the key growth driver for Penang residential property sector in the past two years. Today there are already 17 projects under construction while at least 26 more are in the pipeline. Aiming to stimulate the sale of affordable housing, the developers are allowed to sell 30% of ... Read More

Penang homeowners get assessment exemptions for 2017
Penang property owners will receive massive savings on their assessment rates for next year, the Pakatan Harapan state government announced today. Chief Minister Lim Guan Eng said low- and medium-cost homeowners as well as those living in kampung houses will be fully-exempt from payment while other property owners, including commercial, ... Read More

Batu Kawan’s future potential
Batu Kawan, Penang has been on the lips of property investors over the past few years ever since it was touted to be an emerging real estate hotspot in the northern region of Peninsular Malaysia. Made up of over 6,000 acres of mainly freehold land, the area is located off ... Read More

EcoWorld to launch new townships in Penang
Eco World Development Group Bhd (EcoWorld) is aiming for an even higher sales target for its 2017 and 2018 financial years after having met its sales target of RM4 billion in FY2016 ended Oct 31, 2016. The developer recorded RM4.01 billion of sales in FY2016. Its Malaysian projects contributed RM3.402 ... Read More
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