Property News
Roads being widened for bypass
Several roads in Kampung Pisang, Air Itam are undergoing road widening works to complement the upcoming 4.6km bypass connecting the Tun Dr Lim Chong Eu Expressway with Bandar Baru Air Itam. The bypass, scheduled for completion in 2019, is part of a comprehensive package of four traffic management projects totalling RM6.3bil, ... Read More
Hunza puts in motion plans to develop mega project
The slow property market has not stopped developers from planning projects ahead. One of them is Hunza Properties Bhd that is ready to implement the first phase of its RM10bil mixed-development project in Bayan Baru in 2017. This follows the issuance of completion and compliance certificate for its 690 units ... Read More
Call for greater clarity on RM300,000 limit for first-time home buyers
International property consultancy firm Rahim & Co is hoping a guideline will be provided on the newly-imposed limit on sales of new homes priced up to RM300,000 for first-time home buyers. "A clearer guideline is probably required. Developers can price a project at RM300,000 a unit but it may be ... Read More
Levy hike may raise prices Property buyers likely to bear brunt of new fees
Construction industry experts warned of additional costs being passed on to property buyers following the increase in foreign workers’ levy. Master Builders Association (MBAM) even cautioned that the prices of houses could increase owing to this reason. “The levy hike will impact the construction industry,” said MBAM deputy president Foo ... Read More
Penang Property Market Outlook (H2) 2015
Volume of transactions is expected to decline in Penang, says Henry Butcher Malaysia (Penang) Key Economic Indicator Penang’s Gross Regional Product (GRP) was mainly contributed by the manufacturing and services sectors. Manufacturing accounted for 50% of the GRP shares while 46% was from the services sector. Manufacturing’s main sub-sectors include ... Read More
Reclamation documents open for public viewing
The public can have access to documents and agreements for two reclamation projects in Penang starting from today. State secretary Datuk Seri Farizan Darus said the relevant documents for the two projects — 10.11ha in Pantai Jerejak and 14.16ha in Bayan Mutiara — were open for public viewing from 9am ... Read More
Eco Marina @ Batu Kawan – Actual Site View
Eco Marina is an upcoming gated and guarded landed development by Eco World, located in the northern part of Batu Kawan. The masterplan of this development comprises a 150-acre waterfront and international standard golf course with homes offering stunning views of the sea and golfing greens. The first phase, slated for launch ... Read More
Gurney Drive reclamation work to start soon
Reclamation work along Gurney Drive by Eastern & Oriental Bhd (E&O) as part of the Phase 2 Seri Tanjung Pinang (STP2) is expected to commence end this month. State executive councillor Chow Kon Yeow said the reclamation work would most likely take 18 months to complete. “Work will definitely start ... Read More
Berjaya Land provides affordable homes for first-time buyers
Potential first-time home buyers will have a chance to own affordable homes in environmental friendly surroundings through the Berjaya Land Berhad (BLand) Jesselton Villas project near to Penang Turf Club. Berjaya Land Bhd (BLand) executive director Eason Phan said the company was looking forward to build the 500 units of ... Read More
Penang Sky Cab Plan Update
Penang studying plan to build cable car across Middle Bank A major realignment to the island-mainland cable car plan – Penang Sky Cab – could see passengers travelling 90m directly over Middle Bank. This change will also see the cable car station built as part of the future development of ... Read More
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- Batu maung.. will this be too ulu area? Will it be Hard to find food...Pepe on Esenview Residences
- @MK Saw TanKuKu.. I reckon this new parking lot will follow back the concept used...CM Chow on New parking facility at Gurney Bay to open March 18
- Any idea where is the exact location in Batu Kawan? ...Harmony on Penang allocates 10 acres in Batu Kawan for ATE campus
- Parking bay charging should align with the general public parking system where only applies from...MK Saw on New parking facility at Gurney Bay to open March 18
- Anyone already sign bank offer letter? Which bank do you choose? ...CH on Irama D’ Eco Sun
- Sunny day : @Inteller1989 The Zen is a great master piece in Queensbay area....Minion on The Zen
- What the DOE is correct. No more reclamation along the coast. Enough is enough. The...Xulih on Proposed Jelutong landfill rehabilitation project faces EIA hurdle
- Hi, does it have any showroom to visit? ...Ping on Twin Star
- Hi, does it have any showroom to visit? ...Tan Wan Ping on The Cube
- @Inteller1989 The Zen is a great master piece in Queensbay area. House: 1050 sqft is...Sunny day on The Zen
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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
