Property News
Mutiara Rini affordable housing is being demolished due to safety reason
The Penang government will ensure that only affordable housing units are built on the grounds of a demolished flats in Bandar Jelutong, George Town. State housing, town, country and local government committee chairman Jagdeep Singh Deo said the Mutiara Ria low-cost flats, on which work had only reached two storeys, ... Read More
Ideas and concepts to transform Penang Bay
Chief Minister Chow Kon Yeow officially launched the Penang Bay International Ideas Competition at Wisma Yeap Chor Ee in George Town today with the hope that the ideas put forth could be tapped by potential developers to transform Penang Bay. He said the Penang state government, Chief Minister Incorporated (CMI) ... Read More
Errant Penang developers may face up to RM250,000 in fines
Developers and consulting engineers found not complying with the requirements of the Erosion and Sediment Control Plan (ESCP) may be given compound notices of up to RM250,000 from Sept 1. Public Works, Utilities and Flood Mitigation Committee chairman Zairil Khir Johari said the stiffer punishment followed the gazetting of amendments ... Read More
Make it black and white when renting out your property
The National House Buyers Association (HBA) reminded landlords to be wary of the activities that will be carried out in their premises before renting out their units, reported The Star. HBA honorary secretary-general Datuk Chang Kim Loong stressed that landlords should protect themselves by requesting tenants to sign a written ... Read More
Workers’ quarters project in Juru cancelled
The proposed workers’ quarters project in Juru that was awarded by the Penang Development Corporation (PDC) to Westlite Dormitory (Penang-Juru) Sdn Bhd has been aborted. Replying to a question by a journalist, Chief Minister Chow Kon Yeow said that the project was called off after the company met with strong ... Read More
UDA to build over 3,000 housing units in Tanjung Tokong
UDA Holdings Bhd aims to build another 3,568 housing units (of the mixed development type) in the Tanjung Tokong area here to provide opportunities for those who want to own a home in the area. Entrepreneur Development and Cooperatives Minister Datuk Seri Wan Junaidi Tuanku Jaafar said currently 4,455 units ... Read More
The Ship Campus expected to open in 2021
The Ship Campus, which is the first ever campus in Penang to be located inside an industrial park, is expected to be fully operational by early next year. Once operational, it will be home to Peninsula College, the education arm of PKT Logistics Group Sdn Bhd, and can accommodate up ... Read More
Seberang Perai is the future of Penang
With a more organized and complete road network, Seberang Perai has the potential to be a growth area and is the future for the state of Penang, said the Chief Minister, Y.A.B. Mr. Chow Kon Yeow. He said that the administration he led since 2018 focused on balanced development between the ... Read More
KPKT drawing up Residential Tenancy Act to control house prices
The Ministry of Housing and Local Government is drawing up the policy for the Residential Tenancies Act to control the price of houses in the country, said its minister Zuraida Kamaruddin (pictured). She said this would take into account the interests of the landlord and the tenant, as well as ensure ... Read More
Penang CM: PTMP is on track!
The proposed projects under the Penang Transport Master Plan (PTMP) are on track, Chief Minister Chow Kon Yeow said yesterday. “I have committed to the people of Penang that whenever there is a new milestone achieved, I will meet the press to make the announcement. “The people have been informed ... Read More
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- I am a Tamarind owner who bought the property from E&O in year 2016 for...vivian on 5 Things to Consider When Investing in Your 1st Affordable Home in Penang
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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
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- The Top @ Komtar
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