Popular Swedish home furnishing store Ikea Store will be opening its first outlet in Penang with groundwork expected to commence by end of the year or early next year. In announcing this, Penang Chief Minister, Lim Guan Eng said the Ikano Pte Ltd, the franchisee for Ikea in Malaysia, Singapore and ... Read More

Best wishes for a happy and prosperous 2014! We hope you've enjoyed keeping yourself updated with Penang's property development this past year. With your continued support and contribution, PenangPropertyTalk.com has attracted more than 1 million visits from 255 thousands unique visitors in 2013. While we are excited to see more ... Read More

Taman Seri Waja, strategically located next to Kulim High Tech Park, with easy access from Butterworth-Kulim Expressway. This development comprises 16 single-storey small and medium industrial units, surrounded by MNCs such as Intel, First Solar, Panasonic, Fuji Electric and etc. This project currently comes with two years guaranteed monthly rental ... Read More

The Penang International Property EXPO 2013 is going on at Straits Quay on 28th and 29th December at the Convention Centre on the 6th floor. Fourty developers showcase their choice properties to the public. Members of the public can also take this opportunity to take the free registration form from ... Read More

UPDATE: The new housing rules announced in the 2014 Penang state Budget approved at the Penang State Assembly and proposed to be effective from 1 February 2014 are designed to protect Penang from being adversely affected by a property bubble as well as ensuring that public housing and affordable housing ... Read More

The Penang government is prepared to increase the RM500mil Public and Affordable Housing Fund if it is not sufficient to build 20,000 housing units in all five districts in the state. Chief Minister Lim Guan Eng said that despite not receiving any funding from the Federal Government, it was able ... Read More

The second Penang bridge, which is now 99.9% completed, is expected to be opened to the public in February, said Works Minister Datuk Fadillah Yusof. “Only the construction of two toll plazas in Batu Kawan – one at the Bandar Cassia interchange and the other at the interchange connecting to ... Read More

GEORGE TOWN: The Penang government is standing firm with its new ruling on property sale even as critics slam it, saying the ruling is illegal. State Housing, Town and Country Planning committee chairman Jagdeep Singh Deo said the state controls the land office, so with land being a state matter, ... Read More

A LAND valuation of RM1,200 per sq ft for 44.5ha of reclaimed land in Penang by the state government is being used as a point of reference for land transactions, claims the Real Estate and Housing Developers Association (Rehda). The association's Penang chairman Datuk Jerry Chan said yesterday land prices ... Read More

SIXTH PROJECT IN STATE: Southbay East development on the mainland set to be completed within 4 years MAH Sing Group Bhd is buying about 30.9ha of freehold land in mainland Penang for RM42.59 million for its new township, Southbay East, which has a potential gross development value (GDV) of RM400 million ... Read More