Property News

Second Penang bridge to be ready on Nov 8
The second Penang bridge is scheduled to be completed on Nov 8 as agreed between the concessionaire, Jambatan Kedua Sdn Bhd (JKSB), and the Federal Government. JKSB public relations and communications deputy manager Azizi Azizan said the bridge was initially expected to be completed in September, two months ahead of ... Read More

Company set up by ex-directors and executives of S P Setia plans RM30bil projects
Group to launch various developments on 1,214ha land bank, focusing on Klang Valley, Johor and Penang Eco World Development Sdn Bhd, a company set up by former directors and executives of S P Setia Bhd, is looking to launch projects with a gross development value (GDV) of RM30bil on 1,214ha of ... Read More

Penang state goverment working with PDC to implement eight housing projects
THE state government together with the Penang Development Corporation (PDC) will carry out eight affordable housing projects, said state Housing, Town and Country Planning Committee chairman Jagdeep Singh Deo. “Three projects will be on the island and five on the mainland. “The projects will provide nearly 20,000 affordable housing units ... Read More

Petrol price rise and migrant raids will increase house prices by up to 10%
People looking to own a house any time soon will have to pay at least 10% more for their dream home, according to developers. They said the increase was due to the double whammy that has hit the construction industry – higher costs of building materials resulting from the 20 ... Read More

House prices increasing due to high costs
Property developers say increasing house prices are due to high compliance and construction costs. They also attribute the rising cost to government agencies, especially local authorities and utility companies, said Real Estate and Housing Developers' Association Malaysia (Rehda) deputy secretary-general (Melaka branch) Datuk Anthony Adam Cho. According to Cho, the ... Read More

Looking after the affordable housing community
Measures to curb speculation in the property market and cross-subsidisation do not make for a healthy property sector in the medium to long term, according to the Real Estate and Housing Developers’ Association of Malaysia (Rehda). Rehda president Datuk Seri Michael Yam drew attention to the affordable housing segment, which suffers the ... Read More

Tropicana mixed project comprises hotel, suites and retail lots
A NEW high-rise development project along Macalister Road in Penang is poised to become the talk of the town when launched at the end of next month. The mixed integrated Tropicana 218 Macalister project, to be developed by Tropicana Corp Bhd (formerly Dijaya Corp Bhd), includes an international brand hotel ... Read More

Hunza plans 3 projects with GDV of RM1.4b over 4 years
Hunza Properties Bhd plans to launch three projects with a combined gross development value (GDV) of RM1.4 billion over the next four years, said its executive chairman Datuk Khor Teng Tong. He said the three projects – which will be Hunza's focus for the coming years – include an integrated ... Read More

PR1MA Phase 1 to feature 15 projects offering 20,000 homes priced under RM350K
Also plans to launch new projects in Setapak and Jln Jubilee in KL, Bayan Lepas in Penang, JB, Sabah and Sarawak soon. More than 20,000 homes will be built under 15 affordable housing projects in Greater Klang Valley, Johor, Penang, Sabah and Sarawak. “These 15 new developments are under Phase ... Read More

Transforming Gurney Drive
The 1.7km Gurney Drive will sport a new, greener look under the proposed Seri Tanjung Pinang (STP) phase two reclamation project to be undertaken by Eastern and Oriental (E&O) Bhd. It will incorporate some 20ha of greenery area including a new parkland, water features, a cycling route and palm-tree lined ... Read More
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RECENT COMMENTS
- @Hemsley, TQ. Good progress and maybe is too early to send out the site progress...SC on The Pier
- @LOL This project is opposite putra place condo.. it's still a distance to QBM ...thomas on One Mutiara
- @Islander Lol. Aspen group. Lol. ...Hemsley on The Cube
- just paid booking fee today ...Jordan on The Cube
- @Koja The cube is not near to seaside, which units have seaview? from the floor...Moon on The Cube
- @Debbie what special is the unit#8? ...Moon on The Cube
- I bet to see Aspen Agent hardselling their Zen in 2030. ...Islander on The Cube
- @SC It's at 10th floors now. The progress is even better than The Cube or...Hemsley on The Pier
- Is there any site progress review over here or somewhere ? or the development haven't...SC on The Pier
- @Hemsley 300k launch price appreciated to 400K for state unit, 1 carpark, progressive interest, lawyer...Joker on The Cube
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OTHER DEVELOPMENTS
- Affordable Housing (Penang Island)
- Butterworth Arena
- Columbia Asia Medical Centre
- Eco-Tourism Hub @ Batu Kawan
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- 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