Property News

Penang homeowners get assessment exemptions for 2017
Penang property owners will receive massive savings on their assessment rates for next year, the Pakatan Harapan state government announced today. Chief Minister Lim Guan Eng said low- and medium-cost homeowners as well as those living in kampung houses will be fully-exempt from payment while other property owners, including commercial, ... Read More

Batu Kawan’s future potential
Batu Kawan, Penang has been on the lips of property investors over the past few years ever since it was touted to be an emerging real estate hotspot in the northern region of Peninsular Malaysia. Made up of over 6,000 acres of mainly freehold land, the area is located off ... Read More

EcoWorld to launch new townships in Penang
Eco World Development Group Bhd (EcoWorld) is aiming for an even higher sales target for its 2017 and 2018 financial years after having met its sales target of RM4 billion in FY2016 ended Oct 31, 2016. The developer recorded RM4.01 billion of sales in FY2016. Its Malaysian projects contributed RM3.402 ... Read More

Ensuring affordable homes for Penang folk
As main cities in the country continue to urbanize, the provision of affordable homes remains a major concern. Penang is no exception. Currently with a population of 1.66 million, Penang is one of the most populous states in the country and remains a highly desired location for property growth and ... Read More

Rainbow Skywalk set to open at Komtar
Only a lucky few have ever been to the top of Komtar since it was completed over three decades ago. Now, 68 floors and at almost a quarter of a kilometre from the ground, it has the highest skywalk in the country. The Rainbow Skywalk is a semi-circle glass path ... Read More

Aspen Group investing in next gen technology
AG Innovation Sdn Bhd (a subsidiary of property development and real estate investment company Aspen Group) is collaborating with IBM Malaysia Sdn Bhd to create the first comprehensive cloud infrastructure and technology services platform in Malaysia. The cloud innovation platform, hosted in Penang, is designed to serve local and international ... Read More

Review of Penang Structure Plan 2020
An “inspection report” for the review of the Penang Structure Plan 2020 (PSP 2020) will be up for display to get public feedback from today until Jan 31. Chief Minister Lim Guan Eng said the draft of the finalised PSP 2020 would be open for display again in the first ... Read More

Waterside Residence at The Light, Penang launching soon from RM749,000
IJM Land Bhd, the property development arm of IJM Corp Bhd, will launch the Waterside Residence at The Light in Penang sometime in December. The Waterside Residence is the first residential tower of The Light Waterfront phase 2, with an estimated gross development value (GDV) of RM240 million. Situated on ... Read More

Penang SkyCab is on track to start work in 2018
Penang is a step closer to having a cable car system traversing the channel between the island and the mainland, as the project has received a nod from the Department of Environment (DoE). State Public Works, Utility and Transportation Committee chairman Lim Hock Seng said the DoE has granted its ... Read More

8-lane highway planned for Gurney Drive
An eight-lane highway is planned for Gurney Drive following the completion of reclamation works there which will help disperse traffic created from the Seri Tanjung Pinang 2 (STP2) project at Tanjung Tokong. Penang Public Works, Utilities and Transportation Committee chairman Lim Hock Seng (pix) said the highway was still in ... Read More
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- The discussion of this property is quiet after now. Any owner here please comment life...Ellen on Southbay Plaza
- @Ivan Do you get any Whatapps group for Triuni Tower C? ...CS on Triuni Residences
- Good evening, All! Can anyone please advise the current status of the Urban Renewal (PSB)...DAVID CHAN CHIN CHYE on Penang delivers on housing promise with latest RMKu handovers
- Pity to Breeza owners... with this new condo, left right all block. ...thomas on Eight & Eight Condominium
- How to apply affordable housing and what is the criteria? Kindly help to let me...Thomas on Suria 2
- Nice project ...VH on Taman Seri Valdor
- Where is KDU University College’s new campus being developed? ...Sains Data on University Metropolis @ Batu Kawan
- @Billionaire I think he's being sarcastic. He obviously stating all the false stuff. Maybe another...Hee Chan on Twin Star
- On foreign labour, Chow reaffirmed the state’s commitment to responsible planning. Centralised Labour Quarters (CLQs)...David on Penang has enough land to sustain industrial growth
- @Ong May I know the PN4 price? ...Raymond on Ari Altitude
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OTHER DEVELOPMENTS
- Affordable Housing (Penang Island)
- Butterworth Arena
- Columbia Asia Medical Centre
- Eco-Tourism Hub @ Batu Kawan
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- 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