It was another slow year for Penang housing market in 2018 with no significant improvement in market sentiment. While the data published by NAPIC indicated a slight increase of 4% in residential property transaction volume, the average transacted price for the residential segments saw a slight drop of 3% in ... Read More

One Foresta, a premium affordable home by Penang Condo King - Ideal Property Group, has been fully completed to provide the one-of-its-kind lifestyle and high-quality residence for Penang home buyers. The Penang State Government launched the affordable home campaign in 2013 to assist Penangites especially the younger generation to buy ... Read More

Jalan PSPN (Penang Science Park North) 2 is now open for traffic as an alternative route to enable traffic from Batu Kawan and Bukit Tambun to continue to Juru using the passage way to the Bukit Tambun toll plaza. The newly opened road is 30m wide with a three-lane dual ... Read More

Ewein Bhd is looking to launch the second phase of its maiden project -- City of Dreams next year (2020) following the completion of the first phase by the end of this year. Dubbed City of Dreams 2, Ewein Bhd group founder and managing director Datuk Ewe Swee Kheng told ... Read More

If you are looking for an early Chinese New Year celebration while searching for your dream home, Asia Green Group will be giving away free iPhone XS MAX for any purchase during their roadshow at Queensbay Mall (16 - 21 January 2019). Venue: Queensbay Mall (in front of Sephora) Date: ... Read More

By Timothy Tye By “now”, I am referring to January 2019. To answer that question, I need you to take a moment to look back at the Penang property landscape for the past 5-6 years. In particular, I want you to pay attention to Penang Island, for that’s the context ... Read More

The National Home Ownership Campaign, which was revived in Budget 2019 to tackle the high number of unsold homes in the country, will begin March 1 and feature some 30,115 completed homes, according to the Ministry of Housing and Local Government (KPKT). Set to be unveiled at a three-day launch ... Read More

The Penang government is still awaiting a report from the state secretary’s office over the lighting issue at an apartment building in Jelutong which allegedly portrayed the image of a “cross”. Chief Minister Chow Kon Yeow said the residential project had yet to acquire a certificate of completion and compliance ... Read More

MTT Properties & Development Sdn Bhd is commencing the construction of its latest commercial development, Botanica CT Centre (BCC), in Balik Pulau. This new commercial development in Botanica.CT will consist of an 80,000-square foot of first supermarket which is TF Value-Mart, first KFC drive-thru restaurant, and first Starbucks drive-thru in Balik ... Read More

IJM Land Bhd will be building The Light City, a RM4bil integrated mixed-development scheme, in the third quarter of this year. The project comprises a 1.1 million sq ft retail mall, two international class hotels, a convention centre, office tower, and two condominiums. IJM Land senior general manager (north) Datuk ... Read More