The RM27 billion Penang Transport Master Plan will be rolled out in stages beginning 2017, the state government said. Penang traffic management exco Chow Kon Yeow announced today that the state government had received proposals from six bidders to be project delivery partners (PDP) of the master plan. Of the ... Read More

The Penang-based Belleview Group will launch its biggest commercial-cum-residential project to date, in Seberang Prai in June. Managing director Datuk Sonny Ho said the mixed development project, to be located on a 8.09ha (20-acre) site, will comprise the largest shopping mall in the northern region with a RM2.5bil gross development ... Read More

Ideal Property Group will launch two condominium projects this year, the I-Santorini@Tanjung Pinang in Tanjung Tokong and I-Condo@One Foresta in Bayan Lepas. The projects have a collective gross development value of RM1.8bil. The RM800mil I-Santorini will be launched in June while the I-Condo@One Foresta will be launched after Chinese New ... Read More

Just a friendly reminder. For those who are interested and qualified to purchase an affordable housing, Penang State Government will be conducting on-site registration exercise for the following projects over the next few days: Chelliah Park City Project Location :  Jalan SP Chelliah, DTL On-site Registration Date : 14 February ... Read More

Eastern & Oriental Bhd (E&O) and Ikea have collaborated to come up with a fully furnished show unit for the former’s soon-to-be launched executive apartments - The Tamarind- in Penang. E&O, a lifestyle property development group, and the Swedish home furnishing specialist had undertaken a maiden partnership to collaborate from ... Read More

YTL Land & Development announced it had sold 67 of the 115 units of its RM330mil Shorefront project in Penang during the launch of the property on Feb 6 and 7. Group executive director Datuk Yeoh Seok Kian said the project, comprising 100-odd luxurious units in three blocks next to ... Read More

The Real Estate and Housing Developers Association Penang (Rehda) and Henry Butcher Malaysia Penang is once again organising the Malaysia Property Exhibition (Mapex). The event is from Feb 21 to 24 at G Hotel in Gurney Drive, Penang, and it features a wide range of offerings from 15 major exhibitors, ... Read More

There are too many offices, malls, hotels and high-rise residentials and few affordable housing projects It was a somewhat sombre 8th Malaysian Property Summit on Wednesday with property consultants and a taxman highlighting how prices will move post-goods and services tax (GST) as a result of an over supply in ... Read More

Workers village, a purpose built housing for legitimate foreign workers in Penang. The idea is to house the foreign workers in a properly planned and designated areas so as to minimize any problems that may arise while working in Penang. It is also expected to address some of the following ... Read More

The Malaysian property market will see further pressure on prices if the US Federal Reserve increases the interest rate, which would affect all Asian economies, said VPC Alliance (Malaysia) Sdn Bhd managing director James Wong Kwong Onn. "There are reports that the US Federal Reserve are likely to raise interest ... Read More