Property News

SITE PROGRESS: The Park @ Mak Mandin (Oct 2019)
About The Park @ Mak Mandin An affordable housing scheme by Penang State Government at Jalan Mak Mandin, Butterworth. This project is undertaken by Silver Channel Sdn. Bhd., comprising 4 blocks of 14-storey towers with 780 apartment units. Each unit has a standard built-up size of 1,002 sq.ft with 3 ... Read More

Comfy chic homes amid nature in Batu Maung
Sunway Cassia, a tranquil neighbourhood tucked away in Batu Maung, Penang, is a green enclave designed to offer residents a holistic lifestyle. The exclusive 48 semi-detached units are ready with Certificate of Compliance and Completion. There are also limited units of three-storey terraces that are ready for immediate occupancy. Applicable ... Read More

Discovery of Penang’s New Island at Queensbay Mall
In the twinkling of an eye, SP Setia the leading property developer in Malaysia, has once again set to make another success story in the vibrant vicinity of Bertam with its latest edition of Setia Fontaines. Setia Fontaines township is crafted to fulfil various stages of living. Whether you are ... Read More

TNB gets conceptual approval to build pylons on Penang Bridge
The Penang government has given conceptual approval to Tenaga Nasional Berhad (TNB) on its plan to build pylons next to Penang Bridge. Chief Minister Chow Kon Yeow said the plan was to cater to the power supply demands of the state. “We are currently discussing with TNB after giving the conceptual ... Read More

Budget 2020: Hopes for affordable housing allocation for Penang
Penang Housing, Local Government, Town and Country Planning Committee chairman Jagdeep Singh Deo hopes a certain percentage from the upcoming Budget 2020 will be allocated for public amenities, particularly affordable housing. He said that one of the state government’s main targets was to achieve 180,000 units of affordable housing in ... Read More

Valencia Residence – A Low-density Modern Home
The advent of the Covid-19 pandemic has forced many to re-think the importance of buying a low-density home with social distancing in mind. Valencia Residence is a low-density modern home built on a higher vantage, gifted with a breathtaking sea view along the southwest coast of Penang Island. The 64-masterpiece ... Read More

The Light City project to start work in early 2020
Property developer IJM Land Bhd plans to start its “Light City Penang”, integrated city development project with a gross development value (GDV) of RM4.5 billion at The Light Waterfront here, by the first quarter of next year (1Q2020). General Manager Tan Hun Beng said the first phase of the development ... Read More

Deadline to appeal assessment rate review will not be extended
The Penang government will not extend the deadline for ratepayers to submit their appeals or objections against reviews of their property assessment rates, said state exco Jagdeep Singh Deo. The local government, housing and town and country planning committee chairman said ratepayers must submit their objections and appeals by October ... Read More

SITE PROGRESS: Residensi Permatang Pauh (Sep 2019)
About Residensi Permatang Pauh Affordable housing undertaken by Excel Focus Properties Sdn. Bhd. It is strategically located within the established township of Permatang Pauh, only about 500 meters away from Butterworth-Kulim Expressway. Neighboring communities include Taman Naluri, Taman Naluri Ria and Taman Janggus Jaya. Find out more about Residensi Permatang ... Read More

Developers: Foreign buyers won’t affect local property market
The Real Estate and Housing Developers’ Association Malaysia (Rehda) says foreign buyers are attracted to a different category of properties, and that their presence will not have an impact on the property market targeted by locals. Rehda also welcomed Putrajaya’s plan to promote its Home Ownership Campaign (HOC) to foreigners, ... Read More
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