Property News
Scientex acquires land in Penang to build more affordable homes
Scientex Bhd plans to build more affordable homes in Penang, following the overwhelming response for the company's maiden Penang township in Tasek Gelugor. Its chief executive officer Lim Peng Jin said the first phase of Scientex Tasek Gelugor, launched in October 2020 has recorded a take-up rate of more than ... Read More
Ferringhi Residence 2 Showcase @ TESCO Tanjung Tokong (1-30 April)
Ferringhi Residence 2 Property Showcase is happening this month! It's your opportunity to own one of the best seaview condo in Penang. Date: 1 – 30 April 2021 Time: 10am – 10pm Venue: TESCO Tanjung Tokong (in front of Watson) For more information, please contact Mah Sing Group at 04-291 3109 ... Read More
Batu Kawan Industrial Park 2 (BKIP 2) – The key to Penang’s future development
Penang Chief Minister Chow Kon Yeow has stressed the importance of obtaining more industrial land to spur investments in the state. “Penang drew in RM16.9 billion of total approved manufacturing investments in 2019, and RM14.1 billion last year. “We attracted over RM30 billion of total approved manufacturing investments in just ... Read More
SITE PROGRESS: Vertu Resort Condominium (April 2021)
About Vertu Resort Condominium First resort-inspired high-rise development by Aspen Group at Batu Kawan, with a gross development value (GDV) of RM620mil. This is the second phase (and the first residential development) in Aspen Vision City. Find out more about Vertu Resort Condominium. Register your interest here and we will keep ... Read More
Property is not yours without strata titles
by Datuk Chan Kim Loong A strata title is one of the title structures of ownership and control over property. It is usually applied to subdivided buildings or complexes such as high-rise buildings, town houses, duplexes, flats, apartments, condominiums and commercial buildings. This form of title gives individuals ownership over ... Read More
Developers expect sales to pick up in 2H2021
Although many developers perceived the first half of the year as unfavourable, their views have slightly changed for the better for the second half, according to Real Estate & Housing Developers' Association (Rehda) Malaysia. The somewhat renewed interest in the property industry stems predominantly from the declining daily Covid-19 numbers ... Read More
Unsold commercial properties worrisome
The number of unsold properties has seen a respite amid the government’s Home Ownership Campaign (HOC) except for the commercial market, which remains worrisome amid the new norms, Bank Negara Malaysia (BNM) Governor Datuk Nor Shamsiah Mohd Yunus said. “The amount of unsold properties is still very high. It is ... Read More
GEM Residences Roadshow @ Queensbay Mall (1 – 4 Apr)
Don't miss your chance to meet GEM Residences at Queensbay Mall and grab shopping vouchers worth RM200 from All Season's Place upon signing of SPA! Date: 01 - 04 April 2021 Time: 10:30am - 10:30pm Venue: Lower Ground, in front of Dave's Deli ... Read More
Housing market activity hit historical low with elevated level of unsold properties
Unsold properties continue to remain at an elevated level, driven by serviced apartments, small office home office (SOHO) units, and houses priced above RM500,000 in less popular locations, said Bank Negara Malaysia (BNM). The housing market had hit a historical low in terms of activity in the second quarter of ... Read More
Two dorms in Penang cater for over 6,000 foreign workers
State Housing, Local Government, Town and Country Planning Committee chairman Jagdeep Singh Deo today said that two foreign workers’ dormitories, which are now operating in the state, houses 6,221 foreign workers. One is in Mukim 14, South Seberang Perai by Westlite Dormitory (Bukit Minyak) Sdn Bhd and the other in Jalan ... Read More
Weekly Newsletter
			Latest Projects
TODAY'S MOST READ
RECENT COMMENTS
- Strategic location, affordable. If the concept/ layout is learning from other Skyworld project at KL,...Khoo SK on SkyWorld Pearlmont
 - Hi, could you please share more details about this project? ...SM on PROPOSED: 982-unit affordable housing development in Air Itam
 - @Tomb Stone View agree, unlike Zen which is modern and classy design ...LL on SITE PROGRESS: Terraces Condominium (Oct 2025)
 - @David Teh Concern on maintenance fee? Come on man. Just merely few cent. concern is...Xiao Zhi on Maris @ Andaman Island
 - Hi sir, do you know the monthly maintenance charges per sq foot basis for Maris...David Teh on Maris @ Andaman Island
 - got showroom? ...666 on Bayan Suite
 - miaowww?? ...Joe Blow on Penang Plans New CAT Bridge Bus Link Between Island and Mainland
 - What is a CAT bridge???? ...Joe Blow on Penang Plans New CAT Bridge Bus Link Between Island and Mainland
 - Design from the 90's, top is empty kosong ...Tomb Stone View on SITE PROGRESS: Terraces Condominium (Oct 2025)
 - @vivian What a BS comment here. Actual transaction price here is 2nd hand market. Developer...Xiao Zhi on 5 Things to Consider When Investing in Your 1st Affordable Home in Penang
 
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Latest Property News
OTHER DEVELOPMENTS
	- Affordable Housing (Penang Island)
 - Butterworth Arena
 - Columbia Asia Medical Centre
 - Eco-Tourism Hub @ Batu Kawan
 - Escape Penang – Eco Theme Park
 - GBS @ The Waterfront
 - GBS by The Sea
 - Gurney Wharf
 - IKEA Batu Kawan
 - Island Medical CIty
 - Kobay Jelutong
 - Lin Xiang Xiong Art Gallery
 - Linear Waterfront
 - Mitsui Outlet Park @ PIA
 - One Auto Hub @ Batu Kawan
 - Penang Arts District
 - Penang Eastern Seafront Development
 - Penang Medical & Digital Technology Hub
 - Penang Premium Outlets (Design Village)
 - Penang Sentral
 - Penang South Islands
 - Penang Transport Master Plan
 - Penang Waterfront Convention Centre
 - Penang World City
 - PIA Expansion
 - Silicon Island
 - Teluk Bahang Wellness Resort
 - The Ship Campus (ALC College)
 - The Top @ Komtar
 - Wellness City of Dreams
 
