Property News
SITE PROGRESS: Vertu Resort Condominium (July 2020)
About Vertu Resort Condominium First resort-inspired high-rise development by Aspen Group at Batu Kawan, with a gross development value (GDV) of RM620mil. This is the second phase (and the first residential development) in Aspen Vision City. Find out more about Vertu Resort Condominium ... Read More
Favourable outlook for industrial properties post-MCO
The outlook for Malaysia’s industrial property market is looking favorable as it is expected to see more inquiries, especially from manufacturers, said independent property consultancy firm, Knight Frank Malaysia. Its Capital Markets executive director Allan Sim said manufacturers would be looking to take advantage of the tax incentives, adding that ... Read More
SITE PROGRESS: Suasana @ Utropolis (July 2020)
About Suasana @ Utropolis The second phase of Utropolis development by Paramount Property in Batu Kawan, Penang. Strategically located on a 3-acres freehold land next to the UOW Malaysia KDU university college, about 5 minutes walk to Design Village outlet mall. Find out more about Utropolis @ Batu Kawan: Phase 1 - Sensasi ... Read More
Penang has forth-highest overhang units in Q1 2020
According to the latest property market transaction data for 2019 to Q1 2020 by the National Property Information Centre (NAPIC), overall overhang properties recorded in Q1 2020 showed that there are a total of 29,698 overhang units, amounting to a total value of RM18.91 billion. From that number, 35% of all ... Read More
BNM may cut OPR by another 25bps as early as September
Hong Leong Investment Bank Research (HLIB) is not discounting the possibility that Bank Negara Malaysia (BNM) will cut the overnight policy rate (OPR) by another 25 basis points (bps) to 1.50% by as early as its next Monetary Policy Committee (MPC) meeting in September. The central bank yesterday announced it ... Read More
Virtual Tour: Valencia Residence
Valencia Residence Show Unit [View in FULL SCREEN] Affordable yet luxuriously comfortable, Valencia Residence nestled within a friendly neighborhood with a myriad of cultures and ethnicities. It is conveniently located with an abundance of nearby amenities which include international schools, hospital, golf course and mall. With just a short stroll, you ... Read More
Vortex Business Park 2 – The PERFECT investment opportunity
Vortex Business Park 2 is the last phase of the light industrial component of a 35.3 acre mixed development strategically just next to Batu Kawan, the new industrial hotspot in Penang. Due to its close proximity to the new township of Batu Kawan, it is increasingly on the radar of ... Read More
Bank Negara reduces OPR to 1.75pc, lowest since 2004
Bank Negara Malaysia (BNM) today reduced the Overnight Policy Rate (OPR) by another 25 basis points to 1.75 per cent, a record low since the floor was set in 2004. In a statement today, it said the Monetary Policy Committee (MPC) decided to have the ceiling and floor rates of ... Read More
Linear Waterfront
A newly proposed 60-hectare reclamation off Free Industrial Zone (FIZ) in Bayan Baru, stretching from Queensbay Mall roundabout towards Penang 2nd Bridge. With an estimated GDV of more than RM1 billion, this will be the longest sea-facing promenade in Penang, estimated to be about 8km-long, for the people to jog, exercise ... Read More
26 residents Desa Wawasan Flat received RTO offer letters
26 residents of the Desa Wawasan Flat here received a letter of offer for a unit under Rent-To-Own (RTO) scheme from the State Government. The handover ceremony was officiated by the Chief Minister, Y.A.B. Mr. Chow Kon Yeow, on Saturday. Kon Yeow said the State Government introduced the Rent To ... Read More
Weekly Newsletter
Latest Projects
TODAY'S MOST READ
RECENT COMMENTS
- pm my ...sng swee tik on AFFORDABLE: Nibong Tebal / Prima Jadi (NT) Sdn. Bhd.
- pm my ...sng swee tik on RFP opened for Rumah MutiaraKu on 6.4-acre site in Nibong Tebal
- @SIM LI Unit 8 more lucky... corner unit with same price... ...Moon on The Cube
- If it offers better value than the E&O, l would be interested. ...Max on 1926 Heritage Hotel Penang reopens after RM20 million restoration
- If something happens to one of the 20 bays resulting in a fire, all 20...connie on 20 EV charging bays: The next benchmark for Penang high-rise living
- those buy unit 9 to 12 very lucky , no facing morning and evening sun.....SIM LI on The Cube
- I’m interested ...sebrina on Cecil Residensi
- YEE, FIFTY FLOOR ALREADY, ONE MONTH 3 FLOOR ...SIM LI on The Cube
- slow progress versus asia green ...LL on The Cube
- you can join the facebook group: The Cube Jelutong to see the construction progress ...K on The Cube
SHOW MORE COMMENTS
Latest Property News
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
