News & Articles

Penang given time to fulfil EIA requirement for PSI project
The ministry of environment and water will give the Penang state government a chance to fulfill all 72 requirements needed to implement the Penang South Islands project despite objections from several quarters. Deputy Environment and Water Minister Ahmad Masrizal Muhammad said the Penang state government must comply with all the conditions and ... Read More

Penang to go ahead with LRT and Penang Hill cable car projects
Penang will go ahead with its mega projects under the RM46bil Penang Transport Master Plan (PTMP) and also the RM100mil Penang Hill cable car project even without funding from the Federal Government.State Works Committee chairman Zairil Khir Johari said everything was still on schedule and any delay was only because ... Read More

Penang announced Linear Waterfront reclamation project near FIZ
The Penang government today revealed plans to reclaim about 60ha off the Free Industrial Zone (FIZ) in Bayan Baru. The project, themed “Linear Waterfront”, will begin from the Queensbay roundabout to the second bridge and will have an estimated gross development value of RM1 billion. Based on an artist’s impression ... Read More

Penang Retirement Resort project delayed due to Covid-19
The completion of the Penang Retirement Resort in Batu Gantong by the Penang Turf Club has been delayed to the fourth quarter of the year due to the Covid-19 pandemic. The project was originally scheduled for completion this April. It will be made up of a seven- storey block featuring ... Read More

SITE PROGRESS: The Amarene (Jun 2020)
About The Amarene Part of Ideal Vision Park development by Ideal Homes in Bayan Lepas, Penang. This development is strategically located along Jalan Tun Dr. Awang, adjacent to Tree Sparina condominium. It is just a mere minutes drive to Straits International School and Penang International Airport. Featuring a 35-storey condominium that ... Read More

Penang Property Outlook: The COVID-19 Effect
As the effects of COVID-19 pandemic are felt around the world, property is undoubtedly one of the most impacted industries in Penang. Although CMCO is now lifted, the ongoing corresponding containment measures are expected to worsen the already slow and cautious property market here. Looking back at the first quarter ... Read More

Holiday Inn Resort to close down by end of this month
The list of hotel closures in Penang continues to increase with the latest casualty being the iconic Holiday Inn Resort. Hong Kong-based Harilela Group - via Asia Garden Sdn Bhd - announced that it will close the property which it had been operating for over four decades in Batu Ferringhi ... Read More

Ceiling price reduced for foreign home buyers
Penang has reduced its minimum price threshold for foreign property ownership by up to 40% to clear RM2.6bil worth of overhang units in the state. Penang local government, housing, town and country planning committee chairman Jagdeep Singh Deo said the revised pricing was valid for one year starting yesterday. “For ... Read More

10% discount for affordable homes in Penang
Penang government has announced a 10 percent discount for all types of affordable housing in the state for a period of one year starting from today. State Local Government, Housing, Town and Country Planning Committee chairman Jagdeep Singh Deo said the discount package is part of the Housing Ownership Campaign ... Read More

SITE PROGRESS: Imperial Grande (Jun 2020)
About Imperial Grande A mixed development by Modular Platinum Sdn. Bhd. (Ideal Property Group) in Sungai Ara, Penang. It is located along Jalan Fettes, surrounded by Iconic Skies, Gardens Ville and Imperial Residence. This development will offer a mix of landed and high-rise properties, with 2 level of shop offices ... Read More
Weekly Newsletter
Latest Projects
TODAY'S MOST READ
RECENT COMMENTS
- Pity to Breeza owners... with this new condo, left right all block. ...thomas on Eight & Eight Condominium
- How to apply affordable housing and what is the criteria? Kindly help to let me...Thomas on Suria 2
- Nice project ...VH on Taman Seri Valdor
- Where is KDU University College’s new campus being developed? ...Sains Data on University Metropolis @ Batu Kawan
- @Billionaire I think he's being sarcastic. He obviously stating all the false stuff. Maybe another...Hee Chan on Twin Star
- On foreign labour, Chow reaffirmed the state’s commitment to responsible planning. Centralised Labour Quarters (CLQs)...David on Penang has enough land to sustain industrial growth
- @Ong May I know the PN4 price? ...Raymond on Ari Altitude
- I don't think so.. ...Zul on Penang expands 5% discount on unsold homes to all buyers
- @Millionaire You're being sarcastic? Or you really like to write nonsense? I don't get it....Billionaire on Twin Star
- @Moon This was info from the development office when i went for booking. It is...Koja on The Cube
SHOW MORE COMMENTS
Latest Property News
OTHER DEVELOPMENTS
- Affordable Housing (Penang Island)
- Butterworth Arena
- Columbia Asia Medical Centre
- Eco-Tourism Hub @ Batu Kawan
- Escape Penang – Eco Theme Park
- GBS @ The Waterfront
- GBS by The Sea
- Gurney Wharf
- IKEA Batu Kawan
- Island Medical CIty
- Kobay Jelutong
- Lin Xiang Xiong Art Gallery
- Linear Waterfront
- Mitsui Outlet Park @ PIA
- One Auto Hub @ Batu Kawan
- Penang Arts District
- Penang Eastern Seafront Development
- Penang Medical & Digital Technology Hub
- Penang Premium Outlets (Design Village)
- Penang Sentral
- Penang South Islands
- Penang Transport Master Plan
- Penang Waterfront Convention Centre
- Penang World City
- PIA Expansion
- Silicon Island
- Teluk Bahang Wellness Resort
- The Ship Campus (ALC College)
- The Top @ Komtar
- Wellness City of Dreams