Property News
Homely haven
Reputable developer Asas Dunia Berhad has done it again in delivering an architectural wonder that is the envy of all with its prestigious Asas Murni development in Bukit Minyak, central Seberang Prai. Comprising 40 exclusive units of two-and-a-half storey townhouses that have been completed with CF, this prestigious gated and ... Read More
Tropicana Ivory’s RM10bil Penang World City to feature diverse cultural components
GEORGE TOWN: Tropicana Ivory Sdn Bhd's (TISB) RM10bil Penang World City (PWC) project in Bayan Mutiara will have affordably priced high-rise units and a world culture' component, featuring different cultural residential enclaves. TISB is a joint-venture company in which Dijaya Corporation Bhd holds a 55% stake, while Ivory Properties Group Bhd the remaining 45%. Ivory group ... Read More
Skyrocketing shophouses
THE cost of buying a pre-World War II shophouse in George Town, Penang, has reached RM2,000 per square foot — equivalent to the price of the poshest Kuala Lumpur City Centre (KLCC) condominium units. An entrepreneur, who declined to be identified, has just paid RM4mil for a 2,000sq ft shophouse ... Read More
All abuzz over second bridge
With the hum and buzz of Free Industrial Zone factories on one side and sights of the Penang Channel on the other, driving on the southern end of the Tun Dr Lim Chong Eu Expressway on Penang Island has always been scenic. But over the last year, more interesting things ... Read More
Call to revive link proposal
The state government should revive a proposal originally mooted by the former state administrative to construct a road-cum-bridge connecting the Penang Science Park in Batu Kawan and Juru Heights in Juru. Barisan Nasional’s Bukit Tambun constituency co-ordinator Lai Chew Hock said the estimated 3km-long link was supposed to include a ... Read More
Contractors invited to attend building conservation workshop in Penang
GEORGE TOWN (Mar 15): Contractors who are interested in undertaking heritage building conservation work are invited to participate in a Heritage Building Conservation Workshop organised by George Town World Heritage Incorporated (GTWHI) on April 21-22. GTWHI Education Programme Coordinator Rozaini Hassan said the two-day workshop would be held at the ... Read More
Brighter times ahead
Residents in Batu Kawan, South Seberang Prai, are eagerly awaiting the completion of the RM4.5bil Second Penang Bridge, which will connect their hometown to Batu Maung on the island. The oil palm estate, which is fast shedding its kampung image, is set to become an industrialised township, with the bridge ... Read More
Loan applicants fail to meet eligibility criteria
BANK Negara Malaysia said slightly less than half of the applicants for My First Home Scheme were unsuccessful in obtaining loans under the scheme as they failed to meet the eligibility criteria. These applicants amounted to 505, or 47.5 per cent, of the total applications of 1,062 as at the ... Read More
Second Penang Bridge toll set at RM7 for cars
GEORGE TOWN: Car toll for the Second Penang Bridge has been set at RM7, said Jambatan Kedua Sdn Bhd managing director Datuk Dr Ismail Mohamed Taib. “Tolls will match those of the first Penang Bridge. We want it to be lower, but if we are lower, the first bridge management will complain ... Read More
Interest rate held steady
PETALING JAYA: Policymakers at Bank Negara followed the lead of their regional peers by holding the key policy rate steady, as growth momentum moderated amid a slowdown in trade activity while upside risks to inflation remained. The central bank, which maintained the overnight policy rate (OPR) at 3%, said in ... Read More
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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
