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

The other Penang poised to soar Land scarcity and sky-rocketing property prices on Penang island have driven developers and investors towards the mainland in recent years. Although the mainland property scene continues to play second fiddle to the island’s, growth in the Seberang Perai area is now accelerating and poised ... Read More

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

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

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

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

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

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

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

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