Property News

Penang Monorail – Air Itam Line
Besides the Bayan Lepas belt, the other two relatively high density development corridors in Penang Island are the western Ayer Itam and northern Tg Tokong corridors. Adopting a similar approach by matching system capacity with projected travel demand, the monorail system has been identified as the most appropriate mode for ... Read More

Half of overhang units are homes priced at RM300,000 and below
Deputy Finance Minister Datuk Chua Tee Yong expects the Malaysian housing property market to further soften this year. He sees developers focusing on the more affordably-priced homes. He is correct on both counts. Speaking to reporters after launching the National Property Information Centre’s (Napic) 2015 Property Market Report on April 19, ... Read More

Property Stratagems 2016
For the first time in 2016, Property Stratagems is coming to beautiful Penang. We have assembled the Heavyweights in the property investment scene in Malaysia all in one place on the 23 & 24 April in Northam All Suites Penang. These Speakers and Trainers have very busy schedules and it ... Read More

Juru Interchange Upgrade
As part of the Penang Transport Master Plan (PTMP), the Juru Interchange is expected to be upgraded into a "Diverging Diamond Interchange". Also called a double crossover diamond interchange, is a type of diamond interchange in which the two directions of traffic on the non-expressway road cross to the opposite side on ... Read More

Penang commercial property transaction value up by 19%
Commercial property transactions were down in both value and volume last year compared to the previous year. According to the National Property Information Centre’s (Napic) 2015 Property Market Report, a total of 31,776 transactions worth RM26.4bil were recorded in the commercial property segment last year. This was down by 10.6% ... Read More

Fewer property launches seen due to softening market and bleak household sentiment
There will be fewer new property launches this year in light of the softening market and bleak household sentiment. According to the National Property Information Centre’s (Napic) 2015 Property Market Report, the number of new launches fell to 70,273 units, down by 19.2% against 2014 (88,997 units). However, Deputy Finance ... Read More

Property sales recovery likely in H2
Property sales are expected to recover in the second half of 2016, driven by higher consumer confidence and improved economic outlook. CIMB Research in a report said it is maintaining an “overweight” call on the local property sector, adding that the situation was “not as dire as initially thought.” Following ... Read More

Penang George Town – Butterworth LRT Line
The 18km George Town-Butterworth LRT line will begin at The Light Station (on the Bayan Lepas LRT line) and terminates at Sg Nyiur Station for interchange transfer with Raja Uda-Bkt Mertajam Monorail line. Besides accommodating a panoramic sea view, the LRT line offers an efficient alternative connection – the fifth ... Read More

More than 500 MyDeposit applicants from Penang
The National Housing Department will notify successful applicants for the My First Home Financing Scheme (MyDeposit) by the end of this month. National Housing Department director-general Datuk Mohamad Yusoff Ghazali said the department had so far received 7,347 applications for the scheme, 1,046 of which provided complete documents. “Selangor recorded ... Read More

Penang Third Link (Undersea Tunnel)
Undersea Tunnel is the third phase project undertaken by Consortium Zenith BUCG Sdn Bhd. The Undersea Tunnel link from Gurney Drive, George Town to Butterworth Outer Ring Road (BORR) with total length of approximately 7.2km. Key Information: Undersea Tunnel Total Length 7,2 km (approximate) Toll Plaza Proposed Interchanges Persiaran Gurney ... Read More
Weekly Newsletter
Latest Projects
TODAY'S MOST READ
RECENT COMMENTS
- @andrew Bro, your mouth smell like chibai. ...logan on Mezzo @ The Light City
- @Minion Then? Full stop already? Share us how you measure it. In Penang, condo is...millionaire on 80% of Gen Z Malaysians opt for high-rise living
- @andrew At least better than Mezzo. Please la switch it off.. ...millionaire on Mezzo @ The Light City
- @millionaire this is not how you measure the price of landed property compare to condo....Minion on 80% of Gen Z Malaysians opt for high-rise living
- @millionaire Quaywest & COD? Please, they really look like some pariah indian disco!!! ...andrew on Mezzo @ The Light City
- @Minion My affordability is low & no money or downpayment. That's why end up in...Wilson Ooi on 80% of Gen Z Malaysians opt for high-rise living
- @rojak Yes. Exactly. Condo is very expensive. Small & high price psf. Even westin &...millionaire on 80% of Gen Z Malaysians opt for high-rise living
- @Islander It's true lah bro. Let's compare high-end at Tanjung Tokong, E&O's latest landed homes...rojak on 80% of Gen Z Malaysians opt for high-rise living
- @ck Where eye sore? Quaywest & Cod are well design & really amazing to see...millionaire on Mezzo @ The Light City
- 出洋蛟龙又向北伸可带动此玄武岛!Hopefully will bring ample prosperity. ...Chita on Penang’s North Coastal Paired Road to begin construction in 2026
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