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Property News

BKIP

Good times ahead for industrial property sector

The demand for real estate in the industrial sector is leading the way to full economic recovery for the property sector in Malaysia. Despite the rising concerns over inflation, property consultant Knight Frank said, the industrial property sector was already “flourishing” while demand for real estate in the retail sector ... Read More
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SITE PROGRESS: Terraces Condominium (Aug 2022)

About Terraces Condominium A highrise residential development by IJM Land at Bukit Jambul, Penang. Strategically located on 9.32 acres of land next to INTI International College. It comprises a 34-storey condominium tower, featuring 410 residential units with two different design types to choose from. (Photo taken in July 2022) Find out ... Read More
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Proposal to build workers’ quarters in Penang Tech Park shelved

The proposal to build a centralised workers’ quarters (CLQ) at the industrial area in Penang Technology Park in Bertam, Kepala Batas has been cancelled. Deputy Chief Minister I Datuk Ahmad Zakiyuddin Abdul Rahman said the developer decided not to go ahead with the project after taking into account the views ... Read More
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SITE PROGRESS: Garden Superlink II @ Jesselton Hills (Aug 2022)

About Garden Superlink II @ Jesselton Hills The second phase of Garden Homes Collection in Jesselton Hills, Alma by Wing Tai Asia. It comprises 75 units of two-storey superlink homes with extended size up to 26ft wide, surrounded by lush greenery and wholesome recreational amenities. The residential enclave is strategically ... Read More
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Penang Affordable Housing Expo coming soon

The Penang Affordable Housing Expo is returning this year and it will be held at Lower Ground, Prangin Mall from Sept 30 to Oct 2. Penang Local Government, Housing, Town, and Country Planning Committee chairman Jagdeep Singh Deo welcomed all affordable housing players to take part in the housing expo ... Read More
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20 Most Active Projects in Penang (Jan – July 2022)

After nearly two years of lockdowns and travel restrictions, the buying interest in Penang property is seen rebounding amid the improving economy. According to our web traffic analytics, PenangPropertyTalk.com has recorded a total of over 2 million pageviews in the first 7 months of 2022, an increase of approximately 18% from 1.69 million ... Read More
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Affordable housing project at Permatang Pasir broke ground yesterday

Folk living in the central Seberang Perai district, specifically in Permatang Pasir, will soon have the chance to apply for their desired affordable housing units courtesy of the Penang government. Chief Minister Chow Kon Yeow said the project which is to be built on a 23-acre land, will be divided into ... Read More
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M Summit 191 received two Malaysia Book of Records (MBR) awards today

M Summit 191 Executive Hotel Suites, which will be rebranded as The Granite Luxury Hotel on Aug 1, achieved a rare distinction when it . The hotel’s car park is recognised as Malaysia’s Tallest Automated Hotel Car Park at 71.2m while its Mirage swimming pool is the Highest Cantilevered Acrylic Bottom ... Read More
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Short-term rental guidelines is expected to come into effect in January 2023

The Penang State Government introduced short-term rental guidelines for highrise and landed houses which is expected to be enforced from January next year. State Housing, Local Government, Town and Country Planning Committee chairman Jagdeep Singh Deo said the guidelines were drawn up together with local authorities (PBT) and related agencies since ... Read More
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IHG to debut Crowne Plaza as the flagship hotel for Straits City in Penang

IHG Hotels & Resorts announced yesterday it is partnering with STC Property Management Sdn Bhd, the developer of Penang’s Straits City, to bring the Crowne Plaza brand to Butterworth. The master plan development is by Singapore-listed The Straits Trading Company Limited and Malaysia Smelting Corp Bhd. The partnership will bring the ... Read More