News & Articles

Ideal Property Group inked MOU with global leader of lithium battery industry
Ideal Property Group, a prominent developer in Penang, is pleased to announce the signing of a Memorandum of Understanding (MOU) with ShenZhen Senior Technology Material Co Ltd , a global leader in the lithium battery separator industry. The MOU solidifies a strategic partnership to develop the Penang Technology Park (PTP)@Bertam, ... Read More

SITE PROGRESS: Vivo Executive Apartment (July 2023)
About Vivo Executive Apartment A serviced apartment within Aspen Vision City township development at Batu Kawan. It is strategically located next to the upcoming Integrated Shopping Mall, walking distance to the Central Island Park. The units will be built complete with communal co-sharing working space and a social kitchen to support ... Read More

Road projects in Bukit Tambun set to ease traffic congestion
Several small-scale road projects in Bukit Tambun are scheduled for completion in November this year. Caretaker Penang Chief Minister Chow Kon Yeow said the RM2.4 million road projects are the latest projects approved by the Economy Ministry recently. “The projects primarily involve road widening works in Jalan Bukit Tambun and road ... Read More

Penang residents anticipate commencement of island LRT project
Penang residents, especially those living on the island, are waiting with bated breath for the commencement of the Light Rail Transit (LRT) project at the end of the year. A check by Bernama found that the public was excited about the project and confident that the LRT will ease the ... Read More

SITE PROGRESS: Sena Mas (July 2023)
About Sena Mas The very first gated affordable landed housing in Penang by PTL Properties Sdn. Bhd, featuring 338 units of 2-storey townhouses. It is located within Tasek Gelugor township, easily accessible via Jalan Tasek Gelugor. This development is just stone’s throw away from Setia Fontaines mega township development by SP ... Read More

Rehda speaks out against higher conveyancing legal fees
The recent hike in conveyancing legal fees will lead to an overall rise in the cost of purchasing a house, according to the Real Estate and Housing Developers' Association Malaysia (Rehda). Rehda president Datuk NK Tong said the higher fees will result in buyers having to bear the increased cost ... Read More

Granito @ Permai is now 80 percent complete
The construction of the Granito @ Permai affordable housing project, which comprises 980 residential units, located near Lorong Lembah Permai 3, Tanjung Bunga, has now reached 80 percent completion. Jagdeep Singh Deo, the Caretaker State Housing, Local Government, Town, and Country Planning Committee chairman, made this announcement during his visit ... Read More

Transport Minister: Govt could approve Penang Island-Mainland LRT
The unity government could greenlight an LRT project that would connect Penang island with mainland Seberang Perai, says transport minister Loke Siew Fook. Loke, who is also the DAP secretary-general, said Putrajaya had previously approved an LRT project on the island connecting Bayan Lepas to Komtar in George Town. “But ... Read More

Ceria D’ Eco Horizon Show Unit Open for Viewing!
We are thrilled to announce that the highly anticipated Ceria D’ Eco Horizon Show Unit is now open for viewing. This marks a significant milestone for the Eco Horizon township as it unveils its First High-Rise Project, offering an exceptional living experience for individuals and families alike. The Ceria D’ ... Read More

Taiwan’s EMC to set up a new factory in Penang
According to Taiwan's media reports, Taiwan's copper clad laminate (CCL) leader - Elite Material Co., Ltd. (EMC) announced that it will spend about RM186 million ringgits for a new factory in Penang. EMC plans to expand its monthly CCL production capacity to 900,000 units in two phases. The production capacity is close ... Read More
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- Affordable Housing (Penang Island)
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