IKEA Penang slated to open in Q3 2018
Ikano Private Limited, owner of the IKEA franchise in Malaysia, confirmed today its ambition to open a store in Penang during the third quarter of 2018. Ikano and the Aspen Group teamed up in September 2014 to purchase 245 acres of land from Penang Development Corporation. The joint-venture company is working ... Read More
Penang sky cab to be ready between 2018 and 2019
The proposed cable car spanning the Penang channel will cross the Middle Bank and engineers are working to ensure least damage to the seagrass bed. “The footprints of the cable pylons and towers will be small and have a low impact on the environment,” said Chief Minister Lim Guan Eng ... Read More
DIBS to make comeback?
The Real Estate and Housing Developers Association (Rehda) is in discussion with the Government to bring back the developers interest bearing scheme (DIBS) in a certain form for first-time house buyers of a certain price, Datuk Soam Heng Choon said at a property forum. Soam, who is also IJM Corp ... Read More
Penang mega project to start in June
The RM6.3 billion Penang mega project to build three xpressways and an undersea tunnel linking Penang island to the mainland will kick off in June, with the construction of the Air Itam-Tun Dr Lim Chong Eu Expressway bypass. Consortium Zenith BUCG Sdn Bhd (CZBUCG) chairman Datuk Zarul Ahmad Mohd Zulkifli ... Read More
18 East @ Andaman – The Best in Seafront Resort-Living
18 East at Andaman presents the key to coveted resort-living within the finest of sea-fronting condominiums. With a stunning vista of the Andaman Sea that would leave many awestruck by its sheer brilliance, 18 East is a haven of understated luxury defined by expansive living spaces, a gem within an ... Read More
EcoWorld plans 8 new projects, 2 in Penang
A soft property market is no stumbling block for Eco World Development Group Bhd which is roaring ahead with eight new commercial development projects under its Business Masterplan series. Eco World president and chief executive officer Datuk Chang Khim Wah says that even in the toughest markets, there are still ... Read More
Penang: Making Pearls Affordable
Rising development costs are driving property prices upwards in Penang, but affordable housing schemes may help Penangnites own their dream home. Increasing economic development has driven up property prices in Penang, but the state government has taken measures to mitigate this and make affordable property accessible to Penangnites. Penang is ... Read More
Maximum 35-year mortgage more than enough
Bank Negara Malaysia (BNM) said a maximum loan tenure of 35 years is “more than sufficient” for borrowers to settle their housing loan by their retirement age. It said increasing the loan tenure will further add to the cost of financing without significant improvements in the affordability of the borrowers’ ... Read More
Positive views on Penang’s land reclamation
Due to the shortage of resources in the state, it is only rational for the state government to use reclaimed land to finance the infrastructure projects, according to two key business organisations in Penang. Real Estate & Housing Developers Association (Rehda) Penang chairman Datuk Jerry Chan said it was the ... Read More
Proposed Penang LRT routes and stations
REHDA Penang (Real Estate and Housing Developers' Association) members led by Chairman, Datuk Jerry Chan were in Komtar for a Transport Master Plan (TMP) briefing on 26 Feb . Chan congratulates the Penang state for coming up with a workable plan. He said, "It is a good plan. There is ... Read More
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- @Krie I see. Because usually Ideal is more on high density development so Queens it...Chris on Penang optimistic about achieving target to build 220,000 affordable homes by 2030
- @Ryu Million dollar? You mean in Sin/USd? If a million convert to RM it around...Moon on Queens Residences 3
- @Chris No one talks about queens, why are you so agitated for? This post is...Krie on Penang optimistic about achieving target to build 220,000 affordable homes by 2030
- I am staying in Q2, the quality seriously cannot on par with IJM property like...Ryu on Queens Residences 3
- @Minion Not really PICC is alike KLCC. Muze is similar as Marriott residence both stand...Chris on Penang optimistic about achieving target to build 220,000 affordable homes by 2030
- Chris : @Krie Yes. Obviously, which meaning Queens waterfront project price will drop soon?...Minion on Penang optimistic about achieving target to build 220,000 affordable homes by 2030
- ill become a grandfather by the time this kicks off... ...Goppal Balan on Penang Undersea Tunnel project under review following PPC proposal
- Yes this is very dangerous, Previous Granito already kena, still never learn ...MajorArches on Iconic raises RM95.6mil through rights issue, plans for land purchase
- @Krie Yes. Obviously, which meaning Queens waterfront project price will drop soon? Looking forward on...Chris on Penang optimistic about achieving target to build 220,000 affordable homes by 2030
- don't just focus on quantity. focus on the quality also. look at ideal beehive projects,...Krie on Penang optimistic about achieving target to build 220,000 affordable homes by 2030
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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