Property News
Property Stratagems 2016
For the first time in 2016, Property Stratagems is coming to beautiful Penang. We have assembled the Heavyweights in the property investment scene in Malaysia all in one place on the 23 & 24 April in Northam All Suites Penang. These Speakers and Trainers have very busy schedules and it ... Read More
Juru Interchange Upgrade
As part of the Penang Transport Master Plan (PTMP), the Juru Interchange is expected to be upgraded into a "Diverging Diamond Interchange". Also called a double crossover diamond interchange, is a type of diamond interchange in which the two directions of traffic on the non-expressway road cross to the opposite side on ... Read More
Penang commercial property transaction value up by 19%
Commercial property transactions were down in both value and volume last year compared to the previous year. According to the National Property Information Centre’s (Napic) 2015 Property Market Report, a total of 31,776 transactions worth RM26.4bil were recorded in the commercial property segment last year. This was down by 10.6% ... Read More
Fewer property launches seen due to softening market and bleak household sentiment
There will be fewer new property launches this year in light of the softening market and bleak household sentiment. According to the National Property Information Centre’s (Napic) 2015 Property Market Report, the number of new launches fell to 70,273 units, down by 19.2% against 2014 (88,997 units). However, Deputy Finance ... Read More
Property sales recovery likely in H2
Property sales are expected to recover in the second half of 2016, driven by higher consumer confidence and improved economic outlook. CIMB Research in a report said it is maintaining an “overweight” call on the local property sector, adding that the situation was “not as dire as initially thought.” Following ... Read More
Penang George Town – Butterworth LRT Line
The 18km George Town-Butterworth LRT line will begin at The Light Station (on the Bayan Lepas LRT line) and terminates at Sg Nyiur Station for interchange transfer with Raja Uda-Bkt Mertajam Monorail line. Besides accommodating a panoramic sea view, the LRT line offers an efficient alternative connection – the fifth ... Read More
More than 500 MyDeposit applicants from Penang
The National Housing Department will notify successful applicants for the My First Home Financing Scheme (MyDeposit) by the end of this month. National Housing Department director-general Datuk Mohamad Yusoff Ghazali said the department had so far received 7,347 applications for the scheme, 1,046 of which provided complete documents. “Selangor recorded ... Read More
Penang Third Link (Undersea Tunnel)
Undersea Tunnel is the third phase project undertaken by Consortium Zenith BUCG Sdn Bhd. The Undersea Tunnel link from Gurney Drive, George Town to Butterworth Outer Ring Road (BORR) with total length of approximately 7.2km. Key Information: Undersea Tunnel Total Length 7,2 km (approximate) Toll Plaza Proposed Interchanges Persiaran Gurney ... Read More
Sunway Property to launch final phase of Sunway Cassia in Penang
Sunway Property, the Master Community Developer and Malaysia’s leading property developer, will officially launch the final phase of Sunway Cassia in Batu Maung, Penang on 17 April 2016. Public are invited to the launch with an exclusive viewing of the semi-detached show units happening from 10am to 6pm at Sunway ... Read More
Seven roads projects approved for Penang under 11th Malaysia Plan
Seven road projects totalling RM1.96bil have been approved for Penang under the First Rolling Plan (2016-2017) of the 11th Malaysian Plan. On the island, they include road upgrades from Teluk Kumbar to Penang International Airport (RM390mil), from Batu Maung to Penang Bridge (RM373.2mil), from Batu Maung to the Jalan Sultan ... Read More
Weekly Newsletter
Latest Projects
TODAY'S MOST READ
RECENT COMMENTS
- I check on site , that is not glass railing but only plastic bag cover...Leo on The Cube
- @Leo Now they'll change the steel railing back to glass, but the concrete wall remains....Bearly on The Cube
- @Kuih Bulan for how long? ...Yee on The Cube
- yes the inform us they will change it to steel railing but they didn't inform...Leo on The Cube
- So disappointed ...Leo on The Cube
- Instead for full steel railing they already convert it to half railing, half wall and...Leo on The Cube
- sorry on site already proceed with steel railing ...Leo on The Cube
- stopped work again by JKKP ...Kuih Bulan on The Cube
- @LL Ya if they use same glass like Quay West then gone case. ...Bearly on The Cube
- Hopefully the planned canal will be properly created. for now both the islands look like...Goppal Balan on Private: PROPOSED: 922-unit affordable housing on Andaman Island
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Latest Property News
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
