Property News

Property market showing signs of bottoming out
The Malaysian property market is showing signs of bottoming out, underpinned by government-driven initiatives such as the ongoing Home Ownership Campaign 2019 (HOC). Knight Frank Malaysia managing director Sarkunan Subramaniam said in a statement yesterday that Malaysia’s property market is poised to gather more momentum moving into the second half ... Read More

First Phase of IKEA integrated shopping centre to open by end of 2019
We are pleased to announce that IKEA Southeast Asia is now readying to open the first phase of a shopping centre that will be linked directly to our blue-box home furnishing store in Northern Malaysia, bringing a vibrant new mix of retailers to Aspen Vision City. With around 20 units, ... Read More

Tender for detailed design on Gurney Wharf to open in Q4
The state government will call for tender for a detailed design on Gurney Wharf, touted as the state’s seafront park-in-the-city, by end of the year. State Local Government Committee chairman Jagdeep Singh Deo said they would tap into the expertise of both local and international consultants for the design and ... Read More

Strengthen MM2H programme to ease property glut
The Malaysian Institute of Professional Estate Agents and Consultants (MIPEAC) is of the view that encouraging more foreigners to take up the MM2H (Malaysia My Second Home) programme and to invest in Malaysian properties could help ease the glut in the property sector. In a statement today, MIPEAC said it ... Read More

Mont Residence – Limited units available with attractive ownership package!
Mont Residence, a 38-storey lifestyle condominium located on 5.15 acres freehold land in Tanjung Tokong. Featuring 473 condominium units with four well-designed and practical layouts. The project is now completed with limited units left. Call VST Group at 016-459 8080 or 017-332 8382 now to find out more about the attractive ownership package! KEY FEATURES: ... Read More

Ferringhi Residence 2 named the Five Star Best Residential Development
Mah Sing Group Berhad’s Ferringhi Residence 2 project in Penang has received recognition for its excellence. It was named the Five Star Best Residential Development for Malaysia at the Asia Pacific Property Awards 2019-2020. This impressive achievement is a testimony to Mah Sing’s continuous commitment in delivering a well-planned sustainable ... Read More

Transport Ministry approved Bayan Lepas LRT project
The Transport Ministry has approved Penang's Bayan Lepas light rail transit (LRT) project, says Anthony Loke. In a statement Tuesday (July 17) the Transport Minister said approval was given after detailed study of the Penang Economic Planning Unit's (BPEN) application to develop the Bayan Lepas LRT project. However, the state ... Read More

Penang South Reclamation 2nd phase has started
Work on the next phase of the Penang South Reclamation (PSR) project has started following approval from the Department of Environment (DoE) early this month. Chief Minister Chow Kon Yeow (pic), however, did not elaborate on the works being carried out by project delivery partner SRS Consortium. “The agreement was ... Read More

EcoWorld begins handover of wellness-themed Eco Terraces
Eco World Development Group Bhd (EcoWorld) has started to hand over the completed units at its Eco Terraces condominium project on Penang Island. Sitting on a 12.79-acre freehold site, Eco Terraces is a condominium that houses 333 units within a 33-storey building at Jalan Paya Terubong, Paya Terubong. Residents get ... Read More

Ideal Property Group ventured into 88-acre integrated development in Balik Pulau
Ideal United Bintang International Berhad (IUBIB) had on July 9, 2019 submitted to Bursa Malaysia, announcing the acquisition by IUBIB of the 100% equity interest in Ideal Greencity Sdn. Bhd. (‘Ideal Greencity”). The 100% equity interest which comprises a total of 1,000,000 ordinary shares of RM1.00 each, was purchased for ... Read More
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- The discussion of this property is quiet after now. Any owner here please comment life...Ellen on Southbay Plaza
- @Ivan Do you get any Whatapps group for Triuni Tower C? ...CS on Triuni Residences
- Good evening, All! Can anyone please advise the current status of the Urban Renewal (PSB)...DAVID CHAN CHIN CHYE on Penang delivers on housing promise with latest RMKu handovers
- Pity to Breeza owners... with this new condo, left right all block. ...thomas on Eight & Eight Condominium
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- @Billionaire I think he's being sarcastic. He obviously stating all the false stuff. Maybe another...Hee Chan on Twin Star
- On foreign labour, Chow reaffirmed the state’s commitment to responsible planning. Centralised Labour Quarters (CLQs)...David on Penang has enough land to sustain industrial growth
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- Affordable Housing (Penang Island)
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- 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
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- Penang World City
- PIA Expansion
- Silicon Island
- Teluk Bahang Wellness Resort
- The Ship Campus (ALC College)
- The Top @ Komtar
- Wellness City of Dreams