Property News


5 most-read news articles for 2019

#1 Penang affordable home onwers unhappy over defects (16, 364 views) Some buyers of affordable homes along Jalan S.P. Chelliah here are most unhappy with the state of their new properties. According to a report by The Star today, the owners of the new homes were confronted with “bust water pipes, ... Read More

Penang Eastern Seafront Development

Penang’s coastal landscape is set to further change once the RM1bil Eastern Seafront Development (ESD) project takes off early next year with the Promenade Walk above the sea easily being the top attraction.Penang Port Commission (PPC) chairman Jeffrey Chew said the Promenade Walk along the waterfront would start from the ... Read More

SITE PROGRESS: Vertu Resort Condominium (Dec 2019)

About Vertu Resort Condominium First resort-inspired high-rise development by Aspen Group at Batu Kawan, with a gross development value (GDV) of RM620mil. This is the second phase (and the first residential development) in Aspen Vision City. Find out more about Vertu Resort Condominium ... Read More

SITE PROGRESS: Eco Horizon (Dec 2019)

About Eco Horizon a 300-acre integrated mixed-development township by EcoWorld at Batu Kawan, said to be the largest scheme undertaken by a single developer. It is strategically located right opposite the upcoming IKEA, off the primary interchange linking the Second Penang Bridge to the North-South Highway. Find out more about Eco ... Read More
Property sector improves on positive consumer sentiment

Property sector improves on positive consumer sentiment

The overall performance of the property sector in Malaysia is deemed to have improved slightly in terms of transactions following the government’s initiatives to enable more Malaysians to buy their first house. Malaysian Institute of Estate Agents (MIEA) chief executive officer Soma Sundram Krishnasamy said based on a technical study, ... Read More

Penang International Airport expansion project

Penang's airport is expected to be expanded soon at a cost of between RM800 million and RM900 million. The expansion will double the terminal's gross floor area to 113,005 sq m from 54,582 sq m. The new design will have the capacity to accommodate 12 million passengers per annum, from ... Read More

SITE PROGRESS: Triuni Residences (Dec 2019)

About Triuni Residences The third phase of The Sanctuary development, featuring three residential towers, with a total of 552 condominium units. It is strategically located within the established township of Batu Uban, next to The Sanctuary (Phase 1). Just a mere minutes drive from University Science Malaysia and Penang bridge. Find ... Read More

Penang International Airport expansion approved, to be completed by 2024

The state government opted for the expansion of the Penang International Airport (PIA) rather than build a new one on reclaimed land in the south as it could not afford to delay the project. State Local Government Committee chairman Jagdeep Singh Deo said the State Planning Committee (SPC) in a ... Read More

Sea and hill-view urban resort condo from RM590K

Runnymede is making last call for HOC campaign! Call now to know the additional discount and rebates! Register your interest here ... Read More
PSP 2030 (Draft)

Penang Structure Plan 2030 gazetted, including 3 new islands

Penang Chief Minister Chow Kon Yeow yesterday announced the approval of the 2030 Penang Structure Plan (RSN), which outlines development strategies and policies for the state from 2020 to 2030. Chow said the RSN, which had taken into account public views and objections over the past year, was now legally ... Read More