News & Articles

Global luxury house prices moderated in 1Q2016
Global key cities’ prime residential prices have increased on average by 3.6% over the past 12 months to March 2016, compared with a 3.9% growth in the same period to 1Q2015, according to Knight Frank’s Prime Global Cities Index for 1Q2016. Knight Frank Residential Research partner Kate Everett-Allen said since ... Read More

George Town Tram Line
The George Town World Heritage guideline states that the future developments shall not impact or demolish any part of the heritage buildings. In compliance with the heritage guideline, the tram line within World Heritage Site will be at-grade (on-ground) and feeds into the KOMTAR interchange station to seamlessly integrate with ... Read More

A mismatch between demand and supply
We may be an aging society, but the fact is Malaysia’s population is made up of mainly the young. According to the Statistics Department, the largest age group in 2015 was those between the ages of 20 and 49 years. About 14.375 million, or 47%, of the about 30 million ... Read More

First phase of Aspen Vision City to complete by 2019
The first phase of Aspen Vision City in Batu Kawan, Penang, will be completed by 2019. Aspen Group chief executive officer Datuk M. Murly said that the first phase comprised the Vervea which is a three to four- storey shop office project, the Columbia Asia Hospital, Ikea Store and Vertu ... Read More

Penang Sky Cab
Sky Cab proposed alignment is 4.8 km long and connects the Sky Cab Station in Butterworth, Seberang Perai with Sky Cab Station (Bayan Lepas LRT) in Jelutong in Penang. The project is now in the feasibility study stage. Currently conducting Detailed Environmental Impact Analysis (DEIA). Feasibility Study expected to complete ... Read More

50% of Vertu Resort’s condominium units taken-up
Aspen Vision City’s first residential development – Vertu Resort in mainland Penang, has seen 50% of its condominium units taken-up since its soft launch in February this year, according to Aspen Group. Vertu Resort is the second phase development in Aspen Vision City, a mega-scale, joint-venture development between Aspen Group ... Read More

My First Home Convention – 28 May 2016
In collaboration with GM Training Academy, we are co-organizing "My First Home Convention" on 28 May 2016. This event is aimed at giving first time home buyers some guidance and pointers. Hence, the topics will be geared towards buying affordable properties below RM500,000. Participants will learn about: Steps in buying ... Read More

Debate on Penang Transport Master Plan
The state government is surprised by the call of a group of non-governmental organisations (NGOs) which questioned the size of the Penang Transport Master Plan (PTMP). “If you reject and cancel the plan, then what are the alternatives to solve traffic congestions?” asked Chief Minister Lim Guan Eng. He said ... Read More

North Coast Pair Road
The North Coast Pair Road (NCPR) to be undertaken by the Zenith-BUCG, only ends at Jalan Lembah Permai in Tg Bungah from Teluk Bahang, forming only the western section of NCPR. [Refer to the image gallery below] To complete the road connection to George Town, PTMP proposed the eastern section ... Read More

Vertu Resort – Show Units Opening (29 April – 2 May)
You are cordially invited to be the very first to experience the ultimate urban lifestyle at Vertu Resort, Aspen Vision City. RSVP your attendance now so that the team may assist you during your visit. Call 1300 30 5000 or log in to www.verturesort.com to find out more about Vertu ... Read More
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- Affordable Housing (Penang Island)
- Butterworth Arena
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