Property News


Groundbreaking ceremony for SJKC Kuang Yu at Batu Kawan to be held in Dec this year

SJKC Kuang Yu is set to break ground for its new campus located on a 6-acre plot provided by the Penang Development Corpo­ration (PDC) in Batu Kawan. Located along Jalan Cassia Barat 1, about 5 minutes walking distance from Suria 1 affordable housing scheme by PDC. Upon completion, there would ... Read More

Flood mitigation project at Jalan P. Ramlee to complete by year-end

While awaiting the implementation of the Sungai Pinang flood mitigation project, short and medium-term projects have been executed by the Penang government to minimise the magnitude and flood frequency in the area. Chief Minister Chow Kon Yeow said part of Jalan P. Ramlee (from the Jalan Ismail Cik Matt junction to ... Read More

SITE PROGRESS: Ferringhi Hills (Aug 2022)

About Ferringhi Hills A landed residential development within the established township of Batu Ferringhi. It is located along Persiaran Sungai Emas 1, only 10 minutes walk to Ferringhi Beach. It will feature a mix of 3-storey terrace (with lower-ground level) and semi-detached, bungalow houses, to be constructed in two phases. Find ... Read More

Tightening supply to curb residential home price drop

Residential homes in Malaysia may soon find a floor price due to the 47% reduction in completed dwellings and 9% decline in new planned residential supply, said Juwai IQI. The international real estate technology group said the property sector will reduce supply enough to limit future price declines. “As agents, ... Read More

SITE PROGRESS: Marriott Residences (Aug 2022)

About Marriott Residences A mixed development by BSG Property in Georgetown in Penang. It is located between the famous tourist belt of Gurney Drive and Kelawai Road, next to Evergreen Laurel Hotel. The project comprises a 55-storey skyscraper, featuring a mixed of hotel rooms and condominium units Find out more about Marriott Residences Register your interest ... Read More

AME Elite and Majestic Builders to jointly develop RM1bil industrial park in Penang

AME Elite Consortium Bhd and Majestic Builders Sdn Bhd will jointly develop a RM1bil gross development value (GDV) integrated industrial park in Seberang Perai Tengah, Penang. The industrial space solutions provider, in a statement, said its wholly-owned subsidiary Northern Industrial Park Sdn Bhd and Majestic Builders had jointly formed a ... Read More
The Meg (Night view)

The Meg on Andaman Island – Homes for Young Professionals

As the first project to be launched on Andaman, The Meg is a serviced apartment that is equipped with a wide variety of amenities and designed specifically for millennials who seek to live a modern lifestyle at a relaxed pace. Apart from being a brand that is associated with sleek, ... Read More

UPCOMING: Bukit Mertajam / General Supreme Sdn. Bhd.

A proposed small landed housing development by General Supreme Sdn. Bhd. (a subsidiary of Airmas Group) in Bukit Mertajam. Strategically located near Jalan Betek, diagonally opposite Harmoni Residensi gated and guarded community by the same company. With direct access to the ever-bustling Jalan Song Ban Kheng, an abundance of essential ... Read More

Penang council tells landowner to stop illegal clearing work in Teluk Kumbar

The Penang Island City Council (MBPP) has confirmed that illegal land clearing is being done near Taman Sahabat Indah, Kampung Suluk in Teluk Kumbar, Bayan Lepas. Local leaders and residents have recently voiced concerns as to the nature of the work, whether it was for the construction of the foreign ... Read More

Low-cost housing near Taman Murai Jaya broke gound

At a cost of almost RM6.45 million, the Penang Housing Board (LPNPP) is going to build 3-storey low-cost flats on an abandoned plot of land near Lorong Murai Jaya here and is expected to be fully completed within 12 months from now. Chief Minister, Y.A.B. Tuan Chow Kon Yeow informed that eligible ... Read More