Property News

Elegant and fashionable NineTen project in Tanjung Bungah’s Permai Village to be completed by July
Boon Siew Group Property’s (BSG) NineTen project comprising 40 semi-detached houses located in Tanjung Bungah will be completed by July.The project, which is part of the upcoming 48.5ha Permai Village township, will have the Tunku Abdul Rahman College (TARC) and Tenby International School (scheduled for completion in August) as “neighbours”.BSG ... Read More

Southbay Plaza
Southbay Plaza, sitting on arguably the most accessible location in Penang, Southbay Plaza boasts access via sea, land and air: Close proximity to Penang Bridge The Second Link Bridge which is due for completion in 2013 The Bayan Lepas Expressway leading towards Georgetown A short drive from the Penang International ... Read More

Sunway Aspera 3-Storey Terrace
Seafront landed homes in Penang are no longer available... until now. Landed homes are rare in Penang, and if you are looking for one that is nestled by a beachfront, it's close to impossible. That is why Sunway Aspera is such a valuable investment, a home that rewards you with ... Read More

Property transactions may hit RM100bil
KUALA LUMPUR: A total of 342,179 property transactions worth RM96.77bil were recorded between January and November last year, which means the full year’s transactions could reach the RM100bil mark, said Knight Frank Malaysia managing director Eric Ooi. Ooi was commenting on figures provided by the Valuation & Property Services Department ... Read More

TILB focuses on mainland Penang projects
KUALA LUMPUR: Newly-listed Tambun Indah Land Bhd (TILB) expects to complete the first of its seven ongoing property projects on mainland Penang in the first quarter of this year.The company will complete the second phase of its RM79mil Juru Heights bungalow project by March, according to managing director Teh Kiak ... Read More

Bolton eyeing 44ha site in Penang
PROPERTY developer Bolton Bhd (1538)is looking to expand its landbank in Penang with a potential acquisition in Teluk Kumbar this year. Bolton executive chairman Datuk Azman Yahya yesterday said it was hopeful to conclude the proposed acquisition of the 44ha site within two to three months. The land on the ... Read More

Jetson acquires three tracts in Penang for RM14m
KUALA LUMPUR: Kumpulan Jetson Bhd, through its 51%-owned subsidiary Jetson Development Sdn Bhd, has acquired three tracts in Penang from Malaysia Building Society Bhd for RM14 million, according to its statement on Bursa on Jan 18. The three separate tracts - measuring 21,671 sq ft, 23,277 sq ft and 3,346 ... Read More

SP Setia wins Penang convention centre deal
Last Thursday, Business Times reported that the property developer was the front runner and on the verge of winning the job. Securing the project should bode well for SP Setia, which posted sales of RM1.74 billion and a net profit of RM251.81 million in the year ended October 31 2010 ... Read More

RM300mil sPICE Centre for Penang
GEORGE TOWN: The controversial Penang International Convention Centre (PICC) in Relau which has undergone a name change will become the first subterranean convention centre in Malaysia. Chief Minister Lim Guan Eng said the PICC which would now be called the Sub-terranean Penang International Convention and Exhibition (sPICE) Centre would be ... Read More

SP Setia leads race for PICC deal
Sources say SP Setia is likely to get a 30-year concession to build and operate the Penang International Convention Centre Property developer SP Setia Bhd. has emerged as the leading contender to build the Penang International Convention Centre (PICC) on the grounds of the Penang International Sports Arena (Pisa). According to ... Read More
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- SuSu : @Hemsley Is this really worth the investment? Will people buy a 1044...victor on The Pier
- @Hemsley Is this really worth the investment? Will people buy a 1044 sqft serviced condo...SuSu on The Pier
- add at least 5 more years to each of the promised timeline.....that will be more...Oh nice on Key infrastructure projects underway in Penang
- @Best of AG The difference being once OC obtained, AG affordable units always grow 50%...LL on Additional packages for affordable homes are optional and not a must
- Dont pretend Asia green didnt sell their affordable package at 400k++ with 2 CP. Did...Best of AG on Additional packages for affordable homes are optional and not a must
- @WC_Ong What kind of conversation we having? So don't request LRT or anything otherwise we...Islander on Penang poised to become MedTech Hub of Asia
- @WC_Ong Actually AG really overdelivered their affordable units and the built quality is top notch....LL on Additional packages for affordable homes are optional and not a must
- @LL It's a matter of time people will realise Ideal project are doomed projects. Even...WC_Ong on Additional packages for affordable homes are optional and not a must
- You won’t hear about the LRT again, at least not for another 4 years ...LL on Reclamation work for Silicon Island project has begun
- Batu Kawan better have food court also lah, too many fast food and commercialized food...MajorArches on Penang poised to become MedTech Hub of Asia
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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