Property News

green island

700 acres of Island A have been designated as a Green Tech Park

Some 700 acres out of the 2,300-acre Island A have been designated as a Green Tech Park to fulfill the needs of the industry, Chief Minister Chow Kon Yeow said. “We are going to sign an agreement with SRS Consortium; and another agreement under the private funding initiative (PFI) to appoint ... Read More

SITE PROGRESS: Residensi Permatang Pauh (Apr 2021)

About Residensi Permatang Pauh Affordable housing undertaken by Excel Focus Properties Sdn. Bhd. It is strategically located within the established township of Permatang Pauh, only about 500 meters away from Butterworth-Kulim Expressway. Neighboring communities include Taman Naluri, Taman Naluri Ria and Taman Janggus Jaya. Find out more about Residensi Permatang ... Read More

Forget amendments, law enforcement is the key

House buyers’ group is skeptical of Putrajaya’s plan to amend a law regulating housing developers, purportedly to aid buyers affected by abandoned projects. The National House Buyers Association said the government should focus on enforcing the law instead of making more amendments. The association’s secretary-general, Chang Kim Loong, quipped that ... Read More

Bukit Mertajam to build a “forest park in the city”, expected to be completed within two years

Penang youth and sports committee chairman, Soon Lip Chee said that the project called "WoodHaven" aims to create a green leisure space with nature near MPSP Sport Complex at Jalan Betek. "This project is inspired by the Botanical Garden and Youth Park on Penang Island. We hope this project can benefit the local people ... Read More

Sinaran Residences – Tower B Open for Sale

Following the overwhelming response to Sinaran Residences Tower A with 80% of the units sold,  Tower B is now open for booking with early bird rewards and savings! SHOW UNITS ARE OPEN DAILY Mon - Fri: 9am - 6pm Sat, Sun & Public Holidays: 10am - 6pm Paramount Property Gallery @ Utropolis Batu Kawan G-01, ... Read More

Act 118 to be amended to help house buyers of abandoned projects

The Housing Development (Control and Licensing) Act 1996 (Act 118) will be amended to help house buyers of abandoned housing projects, said Housing and Local Government Minister Datuk Zuraida Kamaruddin. She said the amendment to the act is being drawn up to address issues concerning abandoned housing projects, as well ... Read More
penang island

Penang ranked as 3rd best island in the world to retire in

Penang has made it into the list of "15 Best Islands In The World To Retire On In 2021". Penang, also known as the Pearl of the Orient, came in third place after Malta and Mallorca, Spain. The other Asian countries on the list were Bali in ninth place, Koh ... Read More
mahsuri flat

The urban redevelopment project for Flat Mahsuri to start next year

The urban redevelopment project will begin next year involving the Mahsuri Flat block near Lorong Mahsuri 10 in Bayan Lepas as a pilot project. State Housing, Local Government, Town and Country Planning Committee chairman Jagdeep Singh Deo said, the project will be implemented by the Penang State Housing Board (LPNPP) under the ... Read More

Phase 1 reclamation of Island A expected to start in May

The Phase One reclamation of Island A (approximately 1,200 acres) is scheduled to begin in May or June, said Deputy Chief Minister I Datuk Ahmad Zakiyuddin Abdul Rahman. The tri-islands (Islands A, B and C) of the Penang South Reclamation (PSR) project will be located at the south-end of the Penang ... Read More

SITE PROGRESS: QuayWest Residence (Apr 2021)

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