News & Articles

State govt submits new EIA for Penang South Reclamation project
The Penang state government has submitted a new and updated Environmental Impact Assessment (EIA) for the Penang South Reclamation (PSR) project even as the state’s judicial review application to reinstate the approval for the original EIA hits a snag. Penang state exco Zairil Khir Johari said the state is going ... Read More

Labour shortage dampen construction industry
The long-standing issue regarding the shortage of workers has once again been brought up in the meeting with the Penang government. Delegates from the Penang Master Builders, led by its president Datuk Goh Teng Whoo, paid a courtesy call on Chief Minister Chow Kon Yeow early this morning. Goh said ... Read More

Handover ceremony of Iconic Point took place on Tuesday at Simpang Ampat
Iconic Point at Simpang Ampat has been completed and the handover ceremony of the unit shop offices to the buyers was held on Tuesday evening at the site. The Iconic Point is developed by Iconic Worldwide Berhad (IWB) and is the first commercial project in Simpang Ampat which offers semi-detached ... Read More

Waterside Residence – Enjoy great savings with Big Wave Promo!
Waterside Residence, which comprises 256 units, is located right at the starting point of the Penang Bridge. A freehold condominium unit prominently situated along Penang's eastern coastline, facing calm waters between the island and mainland Penang. Waterside Residence is a stone's throw away from shopping hotspots such as Queensbay mall ... Read More

Groundbreaking ceremony for SJKC Kuang Yu at Batu Kawan to be held in Dec this year
SJKC Kuang Yu is set to break ground for its new campus located on a 6-acre plot provided by the Penang Development Corporation (PDC) in Batu Kawan. Located along Jalan Cassia Barat 1, about 5 minutes walking distance from Suria 1 affordable housing scheme by PDC. Upon completion, there would ... Read More

Flood mitigation project at Jalan P. Ramlee to complete by year-end
While awaiting the implementation of the Sungai Pinang flood mitigation project, short and medium-term projects have been executed by the Penang government to minimise the magnitude and flood frequency in the area. Chief Minister Chow Kon Yeow said part of Jalan P. Ramlee (from the Jalan Ismail Cik Matt junction to ... Read More

SITE PROGRESS: Ferringhi Hills (Aug 2022)
About Ferringhi Hills A landed residential development within the established township of Batu Ferringhi. It is located along Persiaran Sungai Emas 1, only 10 minutes walk to Ferringhi Beach. It will feature a mix of 3-storey terrace (with lower-ground level) and semi-detached, bungalow houses, to be constructed in two phases. Find ... Read More

Tightening supply to curb residential home price drop
Residential homes in Malaysia may soon find a floor price due to the 47% reduction in completed dwellings and 9% decline in new planned residential supply, said Juwai IQI. The international real estate technology group said the property sector will reduce supply enough to limit future price declines. “As agents, ... Read More

SITE PROGRESS: Marriott Residences (Aug 2022)
About Marriott Residences A mixed development by BSG Property in Georgetown in Penang. It is located between the famous tourist belt of Gurney Drive and Kelawai Road, next to Evergreen Laurel Hotel. The project comprises a 55-storey skyscraper, featuring a mixed of hotel rooms and condominium units Find out more about Marriott Residences Register your interest ... Read More

AME Elite and Majestic Builders to jointly develop RM1bil industrial park in Penang
AME Elite Consortium Bhd and Majestic Builders Sdn Bhd will jointly develop a RM1bil gross development value (GDV) integrated industrial park in Seberang Perai Tengah, Penang. The industrial space solutions provider, in a statement, said its wholly-owned subsidiary Northern Industrial Park Sdn Bhd and Majestic Builders had jointly formed a ... Read More
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