The Environmental Impact Assessment (EIA) report of the Penang South Islands (PSI) project has received conditional approval from the Department of Environment (DoE) under the Ministry of Natural Resources, Environment and Climate Change. Chief Minister Chow Kon Yeow said the approval includes 71 conditions to be complied with. “The Penang State ... Read More

A reasonable cement price will be offered to housing developers who develop affordable housing under the RM300,000 category, Prime Minister Datuk Seri Anwar Ibrahim said. “This will benefit the B40 and the M40 groups as it will see a maximum reduction of RM5,000 in the house price depending on the ... Read More

About Sactuary Terrace A residential development by IJM Land at Alma in Bukit Mertajam. Located on 8.9 acres of land along Jalan Santuari 2, about a 20-minute drive to both Penang bridges. Nearby amenities include AEON Mall, Tesco Hypermarket, eateries, schools and banks. This development will offer 95 units of 2-storey terrace houses. (Photos taken in Mar ... Read More

Have you ever wondered how much those bungalows in Penang are worth? Or perhaps, where the most expensive houses are located on the island? Let's delve into the details and take a closer look at the top 5 most expensive residential properties that were sold in Penang in 2022. #5 ... Read More

Eastern & Oriental Berhad (E&O), the premier lifestyle property developer, has released “Human Living”, a digital documentary series that offers valuable insights and perspectives from some of the country’s brilliant thinkers, entrepreneurs and artists in rethinking where and how we live. The 3-episode series, which will be released monthly on ... Read More

The government has agreed to review the strict terms and conditions for the Malaysia My Second Home (MM2H) programme which has led to many who opted to adopt this country as their second home to leave and the number of new applicants drop by up to 90 per cent. The ... Read More

About Lucerne Residences The final phase of residential development by Ideal Property Group at Ideal Vision Park in Bayan Lepas. It is just a short drive to Penang International Airport, 10 minutes walking distance to Straits International School. The project will see two blocks of 36-storey skyscrapers featuring a European living concept. It offers 480 ... Read More

Penang International Airport will soon see the construction of the Mitsui Outlet, a premium shopping mall, on the vacant land in front of its multi-storey car park. This was revealed by Bayan Baru MP Sim Tze Tzin after a briefing by the airport management on the expansion plans and progress ... Read More

As of December 2022, the number of unsold completed residential properties has decreased to 27,746 units, worth RM18.41 billion, compared to 36,863 units worth RM22.79 billion at the end of 2021. Deputy Finance Minister Ahmad Maslan revealed that Johor has the highest number and value of unsold properties, with 5,258 ... Read More

Penang Development Corporation (PDC) is calling for a Request for Concept and Quotation for the Linear Waterfront Development in Bayan Lepas. It is seeking companies, consultants registered with a Professional Board, or consortiums of consultants, whether local or international, to participate in the tender. The project is aimed at creating a ... Read More