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Property News

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Redefining condo living in Prai

GEMSTONES are a reflection of luxury and elegance. Rare and valuable, they sparkle and entice and have remained the desire of many since time immemorial. All these attributes and more are found in the architectural jewel that is GEM, a prestigious mixed development by the reputable Belleview Group. Located in ... Read More
Housing Integrated Data System to monitor affordable housing market

Housing Integrated Data System to monitor affordable housing market

The Ministry of Housing and Local Government has established a Housing Integrated Data System to help it identify the demand for and supply of affordable housing nationwide. Its minister, Zuraida Kamaruddin told theSun that the ministry had encountered difficulties in obtaining information such as income levels by location and other ... Read More
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Flat property market seen for Penang

The Penang property market is expected to remain flat yet resilient this year and could bottom out within the next two years. CBRE|WTW Research in its Real Estate Market Outlook 2019 says it will be a buyers’ market over the short term, particularly for residential properties. “Under the prevailing subdued ... Read More
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Construction of Ayer Itam-LCE Expressway bypass to start on Aug 31

Construction of the 5.7km Ayer Itam-Tun Dr Lim Chong Eu (LCE) Expressway bypass, which would be part of the RM46 billion Penang Transport Master Plan (PTMP), will begin on Aug 31 this year, Penang Chief Minister Chow Kon Yeow (pictured) said yesterday night. He said the commencement of the by-pass ... Read More
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Still no firm date for Penang tunnel construction

There is still no indication as to when construction work will start on the PenangUndersea Tunnel project, as the contractor is still waiting for the relevant land to be dredged. “We are supposed to start in March, but the Penang state government’s land is not ready. Until we receive the land ... Read More
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CNY Open House by Mah Sing attracted huge crowd

In conjunction with the Chinese New Year, Mah Sing Group Berhad (Mah Sing) decorated their Southbay Sales Gallery in Batu Maung with the Old Street concept and hosted an open house for the local community and their customers. During the celebrative event over the weekend, it attracted a huge crowd ... Read More
Iconic Regency

Iconic Regency – Where Convenience Meets Luxury

Iconic Regency is a freehold development nestled within the established commercial district and residential neighbourhoods for both local and expatriates in the middle of Sungai Nibong, Penang. Iconic Regency is linked to the Iconic Hotel – 4-star business class hotel and within walking distance of the proposed LRT Station. The ... Read More
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Exclusive Sneak Preview of IKEA Batu Kawan

IKEA Malaysia today surprised the Penang-based media with an exclusive sneak preview of its highly anticipated store, IKEA Batu Kawan. Held in line with the store's Roof Capping event, a Swedish tradition to celebrate the end of construction, IKEA took the opportunity to unveil features of this store while expressing ... Read More
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Silent majority in Penang wants PIL 1

The Penang government has again defended the Pan Island Link 1 (PIL 1), with Chief Minister Chow Kon Yeow saying the state’s “silent majority” wants the project to proceed. He said based on feedback from the public through town hall sessions, some 80% of Penangites approved of PIL 1, a ... Read More
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Urban renewal on the cards

Penang will be undergoing urban regeneration in the near future to address land scarcity, especially on the island. State Housing, Town, Country Planning and Local Government Committee chairman Jagdeep Singh Deo said that to ensure that there is enough housing for the future population of Penang, safety measures must be ... Read More