News & Articles
SITE PROGRESS: QuayWest Residence (Sep 2020)
About QuayWest Residence Luxury residential development located next to Penang World City in Bayan Mutiara, Penang. This development comprises 1,235 condominium units in two 24-storey towers. Tower A offers 669 units with built-ups from 1,246 to 3,222 sq ft. Tower B comprises 566 units of various types, 253 units of which ... Read More
20 Most Active Projects in Penang (Jan – Aug 2020)
With the lifting of CMCO in early June, Google Search Trends report indicated that the search interest for property in Penang has rebounded to the pre-crisis level. Our website has recorded close to 1 million pageviews in the past 90 days (after CMCO), showing an increase of 3% traffic compared ... Read More
Pesta Pulau Pinang 2020 cancelled
This year’s Pesta Pulau Pinang has been cancelled due to the COVID-19 pandemic. Penang state financial officer Datuk Sarul Bahiyah Abu said the state executive council meeting had come to this decision on Aug 12. “Based on COVID-19 current developments in Penang, the state executive council has decided that this year’s edition of ... Read More
Tropicana and Marriott International launch Courtyard by Marriott in Penang
The first Courtyard by Marriott in Malaysia, and also the 17th Marriott International brand in the country, has opened its door to the public. The hotel is located at Tropicana 218 Macalister in Penang’s UNESCO World Heritage Site. In a press statement today, the developer of the hotel - Tropicana ... Read More
PSR project slated to start first quarter of next year
The works on the Penang South Reclamation (PSR) project are expected to begin first quarter of next year. Penang Infrastructure Corporation Sdn Bhd (PICSB) chief executive officer Datuk Seri Farizan Darus said the implementation works of Island A would be the first to start. “The scheduled reclamation works will be ... Read More
Convent Light Street will be turned into private international school
Convent Light Street (CLS), the country’s oldest convent school, will be turned into a private international school that teaches the British syllabus. The Sisters of the Holy Infant Jesus (SIJ) order, which runs the convent, said while the new school will retain its identity, it will function as a co-ed ... Read More
BNM seen making final 25bps OPR cut as early as September
Bank Negara Malaysia (BNM) is expected to make one final 25 basis point (bps) cut in the Overnight Policy Rate (OPR) as early as in the central bank’s next Monetary Policy Committee (MPC) meeting on Sept 10, 2020 in anticipation of an arduous economic recovery path ahead, DBS Group said ... Read More
SITE PROGRESS: GEM Residences (Aug 2020)
About GEM Residences GEM Soho, a commercial development by Belleview Group at Prai, Penang. It is part of the company's 6 hectares mixed development along Jalan Baru, diagonally opposite Megamall Penang. Next to it will be the upcoming largest mall in the northern region - GEM Mall, the tenant mix include ... Read More
Government seeks alternative ways to overcome property overhang
The Ministry of Housing and Local Government (KPKT) says it will find alternative ways to overcome the property overhang situation other than imposing a vacancy tax for developers who fail to sell their properties. Minister Zuraida Kamaruddin said a decision on the imposition of a vacancy tax on unsold units ... Read More
SITE PROGRESS: Queens Residences (Aug 2020)
About Queens Residences Luxury waterfront development by Ideal Property Group at Bayan Bay with gross development value (GDV) of RM600mil. This development is located in front of BayStar Condominium, just stone’s throw away from Queensbay Mall. Find out more about Queens Residences Register your interest here ... Read More
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- Great wall of bayan lepas incoming. Havana, maldives, school and this upcoming project in one...Stranger on PROPOSED: 43-storey serviced residences at Bayan Lepas
- @SIM LI dont think so, probably need to apply another 1yr extension to complete when...K on The Cube
- Are they sure they can on time finish construction before due date & ccc on...SIM LI on The Cube
- @K sorry, should be end of 2024 ...K on The Cube
- End of 2025 only start piling and underground parking ? the construction progress almost same...K on The Cube
- @SIM LI They will tell you because of taking care quality workmanship ...Ryu on The Cube
- why contruction very slow...two year only go to level 12.. ...SIM LI on The Cube
- @CY why contruction very slow...two year only go to level 12... ...SIM LI on The Cube
- This serm a viable purposeful redevelopment but the pollution due to Industrial remain to be...Kerneth Rodrigues on Pulau Jerejak’s 26.5-acre shipyard site poised for future redevelopment
- @Minion Because we still haven't break the 4M mark. Will reach there in a year...LL on Top 5 Most Expensive Residential Properties Sold in Penang in 2025
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OTHER DEVELOPMENTS
- Affordable Housing (Penang Island)
- Butterworth Arena
- Columbia Asia Medical Centre
- Eco-Tourism Hub @ Batu Kawan
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- 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
