Property News

Unveiling The Lawn @ Eco Terrace (31 January 2016)
You are exclusively invited to a day on The Lawn at Eco Terraces. Spend a relaxing evening of live music with family and friends, and savour a freshly brewed cup of coffee at our new glass coffee house, The Lawn Cafe, which is nestled next to elegant gazebos and lush green ... Read More

Budget 2016 Revised: Houses priced up to RM300K are limited to first time house buyers only
Incentives to housing for first-time buyers and free rice were among several measures Putrajaya announced as part of its Budget 2016 revision to help the lower-income groups tackle rising living costs. Prime Minister Datuk Seri Najib Razak stated 11 measures, including the liberalisation of approved permits for agricultural products like ... Read More

Developer SP Setia launching condo units and semi-detached homes this year
Renowned developer SP Setia Bhd is launching two new projects in Penang this year. They are Solok Slim, the developer’s maiden project in Jelutong, and Isle of Palm in Setia Pearl Island, Sungai Ara. Solok Slim consists of two 33-storey condominium blocks with a total of 550 units on a ... Read More

Stagnant market in Penang keeps price growth minimal in 3Q
Movement in values in Penang’s secondary residential market remained stagnant this year due to a lack of transactions, says Raine Horne International Zaki + Partners Sdn Bhd senior partner Michael Geh. Presenting The Edge/Raine Horne International Zaki + Partners Penang Residential Property Monitor 3Q2015, Geh says 1-storey terraced houses with ... Read More

UPCOMING: Sungai Ara / PPH Resorts Sdn. Bhd.
A proposed luxury development by PPH Resorts Sdn. Bhd. in Sungai Ara, Penang. It is situated on a hill next to Setia Pearl Island, with panoramic views over Penang International Airport and second bridge. This development comprises 68 units of 3-storey bungalow houses, with four different design layouts. This is still in ... Read More

Aspen Group eyes listing by end-2016
Penang-based property player Aspen Vision Development Sdn Bhd (Aspen Group) is targeting to have its shares floated — either on the Main Market of Bursa Malaysia or the Catalist board of the Singapore Exchange (SGX) — by the fourth quarter of this year, according to Aspen Group co-founder and chief ... Read More

E & O gains more time to finish Seri Tg Pinang reclamation
Eastern & Oriental Bhd (E&0) has been given three additional years to complete the reclamation works for phase 2 of the RM25bil Seri Tanjung Pinang development. The property developer told Bursa Malaysia that its indirect subsidiary Tanjung Pinang Development Sdn Bhd (TPD) and the Penang state government inked on Wednesday ... Read More

OWG to finish RM180mil Komtar revitalisation job by year-end
Only World Group Holdings Bhd (OWG) expects to complete the project to revitalise the 65-storey Komtar tower in Georgetown, Penang, in the second half of this year. The food outlet and water amusement park operator had announced on Monday that it would use RM48mil from the estimated gross proceeds of ... Read More

Penang restructures affordable housing
Penang government today announced the rebranding of low-cost and medium-cost houses to affordable housing types A and B. With the rebranding, low-cost houses costing RM42,000 each will now be known as affordable housing type A and low medium-cost houses priced at RM72,500, as affordable housing type B. State Housing, Town ... Read More

PLB acquires Phoenix Residences and project at Batu Maung
Those who are waiting for this proposed project at Batu Maung, you can expect to see the launch of the semi-detached and bungalow houses soon with the latest acquisition by PLB Engineering Bhd. Read the news below: PLB buys Penang property developer for RM23.5mil PLB Engineering Bhd has acquired property developer Phoenix Residences ... Read More
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RECENT COMMENTS
- @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
- @millionaire Terrace is double storey. So, need to compare with duplex. Quaywest duplex is fetch...millionaire on 80% of Gen Z Malaysians opt for high-rise living
- @millionaire Exactly. My Quaywest condo fetch rm700 to rm800psf. How's your landed expect? Go check...millionaire on 80% of Gen Z Malaysians opt for high-rise living
- Building this paired road would only result in developers building more houses in Batu Feringghi,...rojak on Penang’s North Coastal Paired Road to begin construction in 2026
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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