Property News
Housing Integrated Data System to monitor affordable housing market
The Ministry of Housing and Local Government has established a Housing Integrated Data System to help it identify the demand for and supply of affordable housing nationwide. Its minister, Zuraida Kamaruddin told theSun that the ministry had encountered difficulties in obtaining information such as income levels by location and other ... Read More
Flat property market seen for Penang
The Penang property market is expected to remain flat yet resilient this year and could bottom out within the next two years. CBRE|WTW Research in its Real Estate Market Outlook 2019 says it will be a buyers’ market over the short term, particularly for residential properties. “Under the prevailing subdued ... Read More
Construction of Ayer Itam-LCE Expressway bypass to start on Aug 31
Construction of the 5.7km Ayer Itam-Tun Dr Lim Chong Eu (LCE) Expressway bypass, which would be part of the RM46 billion Penang Transport Master Plan (PTMP), will begin on Aug 31 this year, Penang Chief Minister Chow Kon Yeow (pictured) said yesterday night. He said the commencement of the by-pass ... Read More
Still no firm date for Penang tunnel construction
There is still no indication as to when construction work will start on the PenangUndersea Tunnel project, as the contractor is still waiting for the relevant land to be dredged. “We are supposed to start in March, but the Penang state government’s land is not ready. Until we receive the land ... Read More
CNY Open House by Mah Sing attracted huge crowd
In conjunction with the Chinese New Year, Mah Sing Group Berhad (Mah Sing) decorated their Southbay Sales Gallery in Batu Maung with the Old Street concept and hosted an open house for the local community and their customers. During the celebrative event over the weekend, it attracted a huge crowd ... Read More
Exclusive Sneak Preview of IKEA Batu Kawan
IKEA Malaysia today surprised the Penang-based media with an exclusive sneak preview of its highly anticipated store, IKEA Batu Kawan. Held in line with the store's Roof Capping event, a Swedish tradition to celebrate the end of construction, IKEA took the opportunity to unveil features of this store while expressing ... Read More
Silent majority in Penang wants PIL 1
The Penang government has again defended the Pan Island Link 1 (PIL 1), with Chief Minister Chow Kon Yeow saying the state’s “silent majority” wants the project to proceed. He said based on feedback from the public through town hall sessions, some 80% of Penangites approved of PIL 1, a ... Read More
Urban renewal on the cards
Penang will be undergoing urban regeneration in the near future to address land scarcity, especially on the island. State Housing, Town, Country Planning and Local Government Committee chairman Jagdeep Singh Deo said that to ensure that there is enough housing for the future population of Penang, safety measures must be ... Read More
25th Anniversary Celebration by Mah Sing @ Southbay Sales Gallery
Join Mah Sing's 25th Anniversary Celebration on coming Saturday & Sunday (16 & 17 Feb 2019), from 10 am to 6 pm. An event with a full day of fun for all members of your family. With Mah Sing's 25th Anniversary this year, every purchaser during CNY will get to spin ... Read More
New landmark for Batu Kawan
Aloft Hotel, the first international class hotel in Batu Kawan, will be opened at Aspen Vision City here. Aspen Group president Datuk M. Murly and Marriott International Inc Hotel Development, Asia Pacific senior vice-president Kevin Chen signed the agreement to build the 308-room hotel in the mainland province of the ... Read More
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