The Batu Kawan Industrial Park (BKIP) in south Seberang Perai, which is poised to be the next ‘Silicon Valley of the East’ after Bayan Lepas Free Industrial Zone (FIZ), continues to attract an influx of investments and job creations from local corporations. Two public-listed large local companies (LLCs), namely JHM ... Read More

Penang will consider building its light rail transit (LRT) line separately from an earlier transport master plan if the three islands project does not get regulatory approval. Previously, the three islands project, known as the Penang South Reclamation (PSR), was supposed to finance the LRT project with land from the ... Read More

The state Public Works Department (PWD) will make an application for an allocation to upgrade the roads in Bukit Tengah to ease traffic congestion. State Transport and Infrastructure Committee chairman Zairil Khir Johari (PH-Tanjung Bunga) said the Jalan Permatang Tinggi is a federal road and the allocation had already been ... Read More

A total of 14 housing projects have been identified by the state government through the Penang Housing Board, says state Housing, Local Government, Town and Country Planning Committee chairman Jagdeep Singh Deo. According to Jagdeep, these projects come under the state government’s housing masterplan called the ‘Penang Affordable Housing (PAH) 2021 ... Read More

A total 4,683 units of completed houses with a value of RM3.66 billion were reported unsold in Penang to-date. The number puts Penang at the second highest state with unsold houses after Johor at 6,509 units (RM4.89 billion), Federal Territory of Kuala Lumpur at 3,863 units (RM3.1 billion) and Selangor ... Read More

By Zerin Properties Corporate Valuers We analysed the growth of average house prices over 20 years for eight states in Malaysia. The average house price data was collected from the year 2000 until the first quarter of 2021. These eight states analysed were Kuala Lumpur, Selangor, Johor, Penang, Perak, Pahang, ... Read More

The RM545mil Bukit Kukus paired road in Penang will be partially open to traffic next month. Penang infrastructure and transport committee chairman Zairil Khir Johari said the 3.3km stretch from Lebuh Bukit Jambul that branches out to Jalan Tun Sardon and Paya Terubong was expected to be ready by late ... Read More

Penang will not face heavy financial implications if the implementation of the Penang South Reclamation (PSR) project in the southern tip of the island is cancelled or postponed. State Infrastructure and Transport Committee chairman Zairil Khir Johari said the impact of the loss of the project on the Penang economy ... Read More

Recipients of the 8th PropertyGuru Asia Property Awards (Malaysia), presented by Kohler, were announced today in an innovative virtual gala presentation broadcast on AsiaPropertyAwards.com and multiple digital platforms, with highlights to air on the History Channel. The programme celebrated the achievements of the real estate sector from north to south ... Read More

About Metropol A mixed development by Ramana Property at Bandar Perda in Bukit Mertajam. It is located near Jalan Perda Utama roundabout, featuring less than 10 minutes drive from Penang bridge. Featuring 326 residential units with built-up size ranging from 810sq.ft. to 1,845sq.ft. Amenities such as schools, hypermarket, banks, shopping malls, ... Read More