Property News


SITE PROGRESS: Ferringhi Hills (Nov 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

Penang govt to ensure balanced development on the island and mainland

Chief Minister Chow Kon Yeow yesterday told the State Legislative Assembly that the Penang government is ramping up its efforts to ensure a balanced development on the island and mainland through multiple authorised platforms. Chow (PH – Padang Kota), who has always believed in the potential of a blooming industry in ... Read More

CM hopes new Federal Government could help to realise several components under PTMP

Chief Minister Chow Kon Yeow has expressed hopes that the new Federal Government could help Penang to establish the George Town – Butterworth Rail Line to reduce the number of vehicles on the Penang Bridge every day. Chow, who is also in charge of the Land Development & Economic and ... Read More

The Meg achieved take-up rate of more than 80%

Eastern & Oriental Bhd (E&O) intends to launch more projects in Penang in the near future, spurred by strong response to the group’s “The Meg” development. The property developer said the high take-up rate achieved of more than 80% for The Meg since it started previewing in January 2022 reflected ... Read More

Penang govt to give discounts of 50% to 90% for extension of leasehold lands

Penang government will grant a premium discount for the extension of leasehold land and also for ownership due to the expired leasehold period, says Chief Minister Chow Kon Yeow. Delivering his 2023 Budget speech at the State Legislative Assembly today, he said the state government has agreed to grant a ... Read More

The first phase of Gurney Wharf will be completed by next year

Penang Chief Minister Chow Kon Yeow indicated that the first phase of the Gurney Wharf project will be completed by 2023 and the entire project is expected to be fully completed by 2025. He said the project will cost RM200 million and the Penang government will allocate RM60 million to the project in ... Read More

Mak Mandin Hawker Complex to be upgarded

The Mak Mandin Hawker Complex (public market) is set to undergo upgrading work starting June next year. State Housing, Local Government, Town and Country Planning Committee chairman Jagdeep Singh Deo said the upgrade would provide a more conducive environment for both traders and visitors. Jagdeep said Bagan Jermal assemblyman Soon Lip ... Read More

SITE PROGRESS: GEM Residences (Nov 2022)

About GEM Residences GEM Residences, 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
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Ferringhi Residence 2 – Resort Style Condo at Batu Ferringhi

Introducing Ferringhi Residence 2 at Batu Ferringhi, Penang. FREEHOLD resort-style homes with spacious designed and 4-acre family-oriented facilities for you and your love ones. High-end condo feature with: Built-up area: ±1,500sqft 2 carparks 3 tiers security system Automated waste collection system Latest Promotions ✨ Free Gold Piece ✨ 0 Downpayment ... Read More

Boston Scientific Corp expanding operations in Batu Kawan

Boston Scientific Corporation, a global leader in medical device technology, today unveiled a new expansion of its operations, a new global distribution centre here in Batu Kawan. The expansion is expected to create approximately 300 jobs in the coming years. It is the third global distribution centre for the company ... Read More