Property News
SITE PROGRESS: Forest Ville (Jan 2020)
About Forest Ville A twin towers freehold project by Ideal Property Group in Bayan Lepas, Penang. Located on an 11-acre land, the two towers were part of One Foresta affordable housing scheme located along Lengkok Kelicap. It comprises 991 condominium units with size ranging from 1,000 sq.ft. to 1,050 sq.ft. Schools, financial ... Read More
5 blocks of foreign workers’ hostel to be built at Bukit Minyak
The Penang Development Corporation (PDC) today announced that it would be leasing a piece of 2ha land in Bukit Minyak near Bukit Mertajam to a company to build a foreign workers’ hostel. Penang Chief Minister Chow Kon Yeow said the RM250 million hostel would primarily cater to the booming Batu ... Read More
Grace Harmony affordable project breaks ground today
Penang will continue to ensure there is an adequate supply of affordable homes. This assurance was given by state Local Government, Housing, Town and Country Planning Committee chairman Jagdeep Singh during the ground-breaking ceremony of the ‘Grace Harmony’ housing project this morning. He also stated that the state government would keep ... Read More
SITE PROGRESS: Woodsland Park (Jan 2020)
About Woodsland Park A freehold affordable housing development by PTL Properties Sdn. Bhd. near Jalan Betek in Bukit Mertajam. It is strategically located next to Taman Sungai Rambai, just a stone’s throw away from SJK(C) Keow Kuang Primary School. Amenities such as schools, markets, banks, shopping malls, and eateries are only ... Read More
SITE PROGRESS: M Vista @ Southbay (Jan 2020)
About M Vista @ Southbay A low density residential development by Mah Sing Group, part of the company’s Southbay township development at Batu Maung. It is located just a stone’s throw away from Free Trade Zone, less than 5 minutes drive to Penang Second Bridge. This development features 237 residential units ... Read More
HOC sold RM1.64b worth of Penang houses in 2019, no plan to continue this year
The Home Ownership Campaign (HOC) 2019 cleared some RM23.2 billion worth of houses, surpassing the initial target of RM17 billion. Housing and Local Government Minister Zuraida Kamaruddin (picture) said the programme managed to clear 31,415 residential units developed by federal and state governments, and private builders. “This is above our ... Read More
Sustainable development for coastal cities
The urban population of the world has grown to 4.2 billion in 2018 and 54% of the world’s urban population resides in Asia. Despite its relatively lower level of urbanisation, it is where the world’s most densely populated cities are located. Combined with the impacts from global climate change and ... Read More
Vivo Executive Apartment to start work next month, expected to complete by April 2023
Kerjaya Prospek’s wholly owned subsidiary Kerjaya Prospek (M) Sdn Bhd has accepted a letter of award worth RM617 million from Aspen Vision City Sdn Bhd to develop a proposed apartment project known as “VIVO” and “VIIO” in Penang. Aspen Vision City is an indirect subsidiary of Aspen (Group) Holdings Limited ... Read More
Aspen Group to develop residential management platform
Penang-based Aspen Group, a property development and real estate investment group, is looking into developing a digital platform for the Vertu Resort residential development management team in Batu Kawan, Penang to prevent their units from being used for AirBnB. The Vertu Resort, a resort-inspired residential development, is one of Aspen’s ... Read More
Upgrading work of Swettenham Pier will commence in April
The development of the Swettenham Pier Cruise Terminal (SPCT) over four phases at RM500 million will begin next month, Finance Minister Lim Guan Eng said today. He said it would begin with the most important component - the extension of the existing berth - to enable the terminal to berth ... Read More
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- @Im rich and low class Yup. South is very kiam siap. North is much better...Ryu on Ariza Seafront Terraces – Final Phase
- @Mus Mamak Well, i have to say that Penang got many rich ppl..but many of...Im rich and low class on Ariza Seafront Terraces – Final Phase
- @Goppal Balan Oh really, Where are you from then that is so clean and is...tjh on Penang to enforce community service orders for littering from July 1
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- In other words, LRT would enable Penang to add more buildings, more homes, more offices,...AIA on PDC calls RFP for Linear Waterfront development from Queensbay to Penang 2nd Bridge
- @Xulih This is only RFP stage, by the time you have the first building construction...AIA on PDC calls RFP for Linear Waterfront development from Queensbay to Penang 2nd Bridge
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- Hello. This is an exciting article to read, I look forward to additional information regarding...Tim O. on Penang waterfront upgrade to integrate heritage, marina and public spaces
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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
- Teluk Bahang Wellness Resort
- The Ship Campus (ALC College)
- The Top @ Komtar
- Wellness City of Dreams
