Property News


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

State to appoint Gurney Wharf project manager this month

The Penang government will be appointing a project manager this month to help in overseeing the running of the newly-reclaimed Gurney Wharf. Chief Minister Chow Kon Yeow said they should be able to appoint the manager in the next one or two weeks. “We’re targeting the appointment of the project ... Read More

PR1MA to be national housing corporation

The Ministry of Housing and Local Government is planning to mould Perbadanan PR1MA Malaysia (PR1MA) into a national housing corporation to ensure a centralised and standardised housing industry for easy monitoring and enforcement, among others. Its minister Zuraida Kamaruddin in brushing off the allegation that PR1MA would be dissolved soon ... Read More

Penang Hill cable car project set to start year-end

After the recent breakdown of the funicular train to Penang Hill, the state government resolved to implement an alternative way to ascend the hill, which is through a modern cable car that connects the summit with the Penang Botanic Gardens. This link will be among several infrastructure projects expected to ... Read More

Sunway Property sets RM2b sales target for 2020

Sunway Bhd’s property division, Sunway Property has set a sales target of RM2 billion in 2020. It has recorded RM1.55 billion in sales in 2019 surpassing the year's target of RM1.3 billion. Unbilled sales stood at RM2.8 billion to date. Speaking at a media briefing yesterday, Sunway Bhd property division ... Read More

GEM Soho breaks ground today, to be completed by 2022

Today, the Chief Minister of Penang YAB Chow Kon Yeow officiated the groundbreaking ceremony of GEM Soho, a freehold development of 978 units and 15 commercial shops along Jalan Baru connecting North-South Highway and Butterworth Outer Ring Road (BORR) and the future public infrastructure LRT and Monorail under the Penang ... Read More

360 Aerial View: Batu Kawan (Jan 2020)

Latest Surrounding Development MORE DEVELOPMENT ... Read More

Auspicious Year 2020 Feng Shui Talk @ Brydon Open House

In conjunction with Brydon Open House, EcoWorld is having their early celebration of Chinese New Year on 11 January 2020 at Eco Horizon. Grab your FREE seat today! Grab your FREE seat today! ... Read More

Several infrastructure projects in Penang to take off this year

The Penang government regards 2020 as an important year for the state as several state infrastructure projects will take off in the next 12 months. Chief Minister Chow Kon Yeow said among the projects that will start this year are the Penang airport expansion, construction work on the redevelopment of the Swettenham ... Read More

PR1MA @ Bukit Gelugor is in final stage of planning

State Housing, Town, Country Planning and Local Government Committee chairman Jagdeep Singh Deo revealed that the two 1-Malaysian People's Housing Projects (PR1MA) at Bukit Gelugor are in the final stage and the authorities are having further negotiations to include C-type affordable housing (RM 150,000) units. He also said that the local council has approved PR1MA's ... Read More