The heritage property segment is still attracting strong interest from investors despite the softening of the overall property market in Penang. The value of heritage properties has increased by about 37% to 157% per sq ft (psf) since 2008 due to investments made by Penangites staying overseas and by Singaporeans ... Read More

Penangites have generally given the thumbs up for the proposed RM27bil Penang Transport Master Plan (PTMP) and the Penang South Reclamation (PSR) projects, according to a state exco member. State Local Government Committee chairman Chow Kon Yeow said the state government had received an overall positive response after nearly nine ... Read More

Get the chance to pick your Eco Bloom condominium unit at the EcoWorld Property Showcase in Queensbay Mall, Penang. From now till Sunday, thosewho register for this English-style condominium priced from RM400,000 will get priority in choosing the unit they desire. The showcase which was launched on Saturday at the mall, ... Read More

Sunway Bhd introduced special offerings under its Sunway Property Certainty Campaign yesterday, which includes financial assistance. The campaign – which will offer guaranteed loans, deferred payment plans and a voluntary exit plan – covers all Sunway projects in Malaysia from today until Sept 31. "We are still seeing demand for ... Read More

EcoWorld would like to cordially invite you to  ‘Bringing Aspiration Close to You-EcoWorld Property Showcase’ from the 26 March to the 3 April 2016, from 10.30 am to 10.30 pm at Queensbay Mall, Central Atrium. Catch an exclusive preview of our much anticipated masterpiece-Eco Bloom which is  a continuity of the ... Read More

Piling works for the first project under the Penang Transport Master Plan (PTMP) is expected to begin near the end of 2017. Penang Local Government, Traffic Management and Flood Mitigation Committee chairman Chow Kon Yeow said the target was to get the relevant approvals in early 2017 with work anticipated ... Read More

Motorist heading to Batu Maung in Penang can look forward to a smoother ride on the newly upgraded Tun Dr Lim Chong Eu Expressway. The 4.4km two-way four-lane expressway will be opened to traffic from March 28. As for the RM337mil Bayan Lepas Expressway (BLE) link to the Sultan Abdul ... Read More

Two more companies have joined the race to bid for 1Malaysia Development Bhd’s (1MDB) land in Air Itam, Penang. Sources said that Suiwah Corp Bhd, a supermarket chain operator, and Titijaya Land Bhd, a Klang Valley-based property developer, have put in their bids for the 94.7ha in Air Itam. Earlier, ... Read More

The two bidders that submitted proposals for the rehabilitation and development of the Jelutong dumpsite have sought to be allowed to reclaim additional land. “The two companies — a Penang-based company and a Federal government-linked company — did not meet major requirements of the request for proposal (RFP), which were ... Read More

* UPDATE: The elevated expressway will open on April 6 @ 2PM * The RM338mil Bayan Lepas Expressway (BLE) linked to the second Penang bridge is expected to be open on April 4. Penang Federal Action Council chairman Datuk Seri Zainal Abidin Osman said work on the project was at ... Read More