Property News

Aspen Vision City sets 2 Malaysia Book of Records
It is definitely a historical and proud day for Aspen Group and IKEA Southeast Asia when Vervea High Street and the Aspen Vision City’s Central Island Park successfully entered the Malaysia Book of Records (MBR). Both development projects are located within Aspen Vision City, a joint venture development between Aspen ... Read More

Penang is one of CNN Travel’s best spring destinations
Penang has been chosen as one of the best places to travel to by CNN Travel, alongside popular tourist destinations such as Spain and Greece, as well as various cities in the United States. The American broadcaster placed Penang 15th on the list of its 19 best spring travel destinations ... Read More

Penang also has a lot of proposed projects tabled
The Northern Corridor Implementation Authority (NCIA) has proposed several projects to implement in the four northern states, says Chow Kon Yeow. The Penang Chief Minister said the projects in Perlis, Kedah, Penang and Perak were to be carried out by the government or through private financial initiatives. He said this ... Read More

Seven mega projects for Kedah, including a highway to Penang 2nd Bridge
The government has announced seven mega projects costing over RM3bil for Kedah for development in the state to bring it on equal footing with more progressive states. Economic Affairs Minister Datuk Seri Mohamed Azmin Ali (pic) announced that the projects are the Kulim International Airport (KXP); a manufacturing industries and ... Read More

PIL1 hit by bridging loan setback
The proposed Pan Island Link 1 (PIL1) highway project has hit a snag after the state government failed to obtain a RM1bil bridging loan. Chief Minister Chow Kon Yeow said since the loan from the federal government was not forthcoming, the project delivery partner would now have to source for ... Read More

More JVs from STP2 development off Tanjung Tokong
The Seri Tanjung Pinang Phase 2A (STP2A) development and the reclamation of STP2B and STP2C will provide Eastern & Oriental Bhd (E&O) with future launches for the next 15 years and beyond. E&0 said reclamation works on STP2A, a massive property development off Tanjung Tokong in Penang island, are almost ... Read More

Over 20,000 swarm Penang IKEA on opening day
Up to 20,000 people thronged IKEA Batu Kawan on its first day of operations, yesterday. Excited patrons from across northern Peninsular Malaysia made their way through the 470,146 square foot store and explored its 49 different showrooms. During their visit, customers also tucked into IKEA’s iconic cafeteria fare – according ... Read More

Penang’s Sia Boey to be transformed into an urban park
Penang residents will get to enjoy a 2.62-acre worth of public green space in the middle of the city in six months. “We don’t have a proper park in George Town and this space is perfect for a park, for people to rest, go for walks and enjoy the greenery,” ... Read More

Viluxe Exclusive Registration
The first and only FREEHOLD 2-Storey Premium Terrace in Batu Kawan, near to IKEA Batu Kawan and fronting the 25-acre Central Island Park. LIMITED UNITS with price starting from RM750,000 Only! Viluxe Exclusive Registration on 9th March 2019, 11am to 7pm at Aspen Vision City Sales Gallery, Batu Kawan, Penang ... Read More

Latest about Penang Airport and pending approvals for PSR and PTMP
Building an airport on one of Penang’s three man-made islands off the southern coast of the state will keep the airport within the state, Chow Kon Yeow said. The Penang chief minister said the administration wanted to keep the airport on the island instead of moving it elsewhere. “It is ... Read More
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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