The LRT line linking Komtar and Bayan Lepas, estimated to cost around RM7bil to construct, is expected to generate about RM2bil worth of jobs for the local construction industry, said Penang Master Builders and Building Materials Dealers Association. Its president, Datuk Lim Kai Seng, said the first phase of the ... Read More

Members of Rehda Youth, the youth wing of the Real Estate and Housing Developers’ Association Malaysia (Rehda) always have their fingers on the pulse of the property industry. These young developers keep abreast of the challenges and trends in the market and are well aware of the buying behaviours of their ... Read More

Ideal Property Development Sdn Bhd, the parent company of Ideal United Bintang Bhd (IdealUBB), will initiate a corporate exercise in the second half of this year to inject RM1bil worth of properties into IdealUBB. The properties are priced below RM600,000. “This is part of an on-going corporate exercise over five ... Read More

Raja Uda and Bukit Mertajam are two higher intensity development areas in Seberang Perai. Raja Uda, an upcoming development area is located in the northwest region of Seberang Perai and lies beyond the KTM rail corridor. The proposed Raja Uda-Bukit Mertajam Monorail line will provide much-needed connectivity between Raja Uda ... Read More

Mark your calendar and visit PI's Property Showcase at Queensbay Mall this coming weekend! You will have a chance to meet the experts for tips and guides on investment strategies ... Read More

The Penang property market has observed an upward trend in recent years. Those on the trail of luxury living space should look no further than the exclusive portfolio of residences nestled in the serene enclave of Seri Tanjung Pinang. Here’s what residents of Seri Tanjung Pinang have to say about ... Read More

If you are looking for a brand new home – be it a condo, house, or holiday villa – you can find a lot of new home sales on property sites such as DDProperty. However, if you’re new to the property market or haven’t bought a new home before, the ... Read More

The City Residence and The Wave to be main revenue contributors for the group IVORY Properties Group Bhd is carrying out RM1.8bil worth of projects on Penang island this year. This includes the first phase of Penang WorldCity (PWC) called Tropicana Bay Residences with a gross development value (GDV) of ... Read More

The state government is in no rush to implement the RM27 billion Penang Transport Master Plan (PTMP) as it is a multi-stage project spanning a 15-year period, said local government and traffic management committee chairman Chow Kon Yeow. He said the implementation of the PTMP will be done in stages ... Read More

Global key cities’ prime residential prices have increased on average by 3.6% over the past 12 months to March 2016, compared with a 3.9% growth in the same period to 1Q2015, according to Knight Frank’s Prime Global Cities Index for 1Q2016. Knight Frank Residential Research partner Kate Everett-Allen said since ... Read More