Property News
Penang authorities demand owners take care of abandoned pre-war properties
Penang Island City Council (MBPP) has demanded that owners of abandoned “heritage buildings” or pre-war houses “upkeep their premises” or action will be taken against them, The Star reported. MBPP said it has “identified” 73 abandoned properties (commercial and residential) worth about RM300 million. The report stated that such structures have ... Read More
Penang South Islands – The Winning Design by BIG
BIG, Hijjas and Ramboll are selected as winners of Penang State Government’s international competition to design a masterplan for Penang South Islands. The proposal entitled BiodiverCity, fits into the island's 2030 vision, providing Penangites with approximately 4.6km of public beaches, 600 acres of parks and a 25km waterfront. An Urban ... Read More
SITE PROGRESS: Golden Gateway (Aug 2020)
About Golden Gateway An SME Industrial Park located on a 20.5 acre land at the southeast part of Batu Kawan. Strategically located off Jalan Perusahaan Valdor, just a mere minutes drive to Batu Kawan Industrial Park. It is only 5 minutes away from Penang Second Bridge. Comprises 54 units of semi-detached and ... Read More
Danish architecture firm chosen as lead master plan designer for PSI
Danish architecture firm Bjarke Ingels Group (BIG) has been chosen as the lead master plan designer for the Penang South Island (PSI), which is also known as the Penang South Reclamation (PSR). BIG and their Malaysian associate Hijjas Architect & Planner were selected, out of five world-renowned teams, together with their ... Read More
Vacancy tax to imposed on developers as early as 2021
The Housing and Local Government Ministry (KPKT) is formulating a tax that could be imposed on developers who fail to sell their properties as early as early next year, in an effort to reduce overhang of residential units in the country. Minister Zuraida Kamaruddin said the introduction of the tax ... Read More
SITE PROGRESS: Valencia Residence (Aug 2020)
SHOW GALLERY 360 VIRTUAL TOUR [View in FULL SCREEN] About Valencia Residence 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 malls. With ... Read More
Ministry to pay compensation for 24 PR1MA projects cancelled
The Housing and Local Government Ministry will pay compensation for the 24 development projects under PR1MA Corporation Malaysia (PR1MA) that have been cancelled, said Minister Zuraida Kamaruddin. She said the compensation payment depends on the value of the land for the area involved. “Most of the land was purchased by the ministry ... Read More
Mutiara Rini affordable housing is being demolished due to safety reason
The Penang government will ensure that only affordable housing units are built on the grounds of a demolished flats in Bandar Jelutong, George Town. State housing, town, country and local government committee chairman Jagdeep Singh Deo said the Mutiara Ria low-cost flats, on which work had only reached two storeys, ... Read More
Ideas and concepts to transform Penang Bay
Chief Minister Chow Kon Yeow officially launched the Penang Bay International Ideas Competition at Wisma Yeap Chor Ee in George Town today with the hope that the ideas put forth could be tapped by potential developers to transform Penang Bay. He said the Penang state government, Chief Minister Incorporated (CMI) ... Read More
Errant Penang developers may face up to RM250,000 in fines
Developers and consulting engineers found not complying with the requirements of the Erosion and Sediment Control Plan (ESCP) may be given compound notices of up to RM250,000 from Sept 1. Public Works, Utilities and Flood Mitigation Committee chairman Zairil Khir Johari said the stiffer punishment followed the gazetting of amendments ... Read More
Weekly Newsletter
Latest Projects
TODAY'S MOST READ
RECENT COMMENTS
- Are u sure this is the resident's design? None of the pictures above showed the...Sussiee on Seaside Pocket Park in Tanjong Bungah to proceed with residents’ requests incorporated
- 1. Which resident’s request was incorporated ? 2. Why was resident not given a chance...Tom on Seaside Pocket Park in Tanjong Bungah to proceed with residents’ requests incorporated
- hi The Meg owners is there an owner's whatsapp group to join? ...Ummi on The Meg @ Andaman Island
- @lawrence There is no time limit. More importantly, you need to find out whether your...katie on New STRA guidelines could see unlicensed listings removed from booking platforms
- There are many high rise buildings and condominiums been built, but has our fire department...lawrence on Iconic targets new Penang property launch in 1H 2027
- Is there any time limit like weekly or monthly imposed on short term rentals? Does...lawrence on New STRA guidelines could see unlicensed listings removed from booking platforms
- so the plan is now to do a tunnel instead... ...Goppal Balan on RM33mil Mount Erskine underpass targets 2030 Completion
- This is what i advise to my peers and subordinates, don't become too dependent and...Goppal Balan on RM33mil Mount Erskine underpass targets 2030 Completion
- @Ragebait You're right. It's common sense. It's up to condo management to handle it. The...Bin on The Meg @ Andaman Island
- Y'all knew that the meg was going to be the first project completed and still...Ragebait on The Meg @ Andaman Island
SHOW MORE COMMENTS
Latest Property News
