Property News

Property bubble burst unlikely in Malaysia
A property bubble burst is unlikely to happen in the Asia Pacific, including Malaysia, as there are no signs to indicate such a trend in the next two years, says AmInvestment Bank Group. Director for Retail Funds Ng Chze How said real estate investment trusts (REITS) would also not experience ... Read More

Seri Anggun
Seri Anggun is a residential development located near to Penang Pesta site, within Sungai Nibong, Penang. This development comprises 33 units 2-storey terrace houses, 12 commercial units and 2 blocks of apartment buildings. Strategically located with easy access to Bayan Lepas FIZ and a mere minutes drive to Penang bridge ... Read More
Sensible move for SP Setia
Therefore, it makes sense for the likes of SP Setia Bhd to eye a stake in such companies as landbank in Penang is depleting and buying the plots there is not easy and cheap, they added. "Having a stake in companies such as Eastern and Oriental Bhd (E&O) will directly ... Read More

Ivory Properties gives Starwalk a historic feel
IVORY Properties Group Bhd has chipped in to become the venue sponsor for the Penang Starwalk which will have a new route this year. The walk will be flagged off from Birch House which is the company?s office located next to the Penang Times Square which is developed by Ivory ... Read More

Upcoming low-cost flats
SOME 90 low-cost units costing RM35,000 each will be built in Permatang Damar Laut in Batu Maung, Penang, this year. Batu Maung assemblyman Abdul Malik Kassim, who is also a state exco member, said the units would have a built-up area of 700sq ft. Without naming the developer, he said ... Read More

Taman Jelutong Indah – Phase 2
Taman Jelutong Indah Phase 2 is located along Tun Dr. Lim Chong Eu Expressway, within the established township of Jelutong, Penang. Property Project : Taman Jelutong Indah Phase 2 Location : Jelutong, Penang Property Type : Apartment Tenure : Leasehold Built-up Area: 900 sq.ft. Total Units : 382 Developer : ... Read More

Condos, hotel coming up in Butterworth
THE developer of Harbour Place, a new township pro-ject in Butterworth, has launched the fourth phase of its trendy condominiums known as ‘Wellesley Residences.’ The project undertaken by PJD Eastern Land Sdn Bhd is located on a 12.1ha site in the heart of town. Currently, the township has three existing ... Read More

Property hotspot in Penang
Business Times has learnt that CP Land Sdn Bhd, the property arm of the CP Group, has disposed of 40 hectares of land it owns in the Queensbay area at Bayan Lepas to a Penang-based property player. Sources said the land was sold at RM420 per sq foot (psf) to ... Read More

Hua Yang eyes land in Sabah, Penang
KUALA LUMPUR: Having established a foothold in four states in Peninsular Malaysia, mid-sized property developer Hua Yang Bhd is on the lookout for land in Sabah and Penang to cement its position as a nationwide affordable home builder. Chief financial officer May Chan said Hua Yang was actively looking for ... Read More

Ivory wins Bayan Mutiara project
GEORGE TOWN: Ivory Properties Group Berhad will develop the Bayan Mutiara mixed development project tendered out by the Penang Development Corp (PDC). In a press release, its board of directors announced that the group had received and accepted the letter of acceptance from PDC on July 25. “We received the ... Read More
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Latest Projects
TODAY'S MOST READ
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