Property News


New Stadium Mini aims to bring communities together in Penang

Stadium Mini Permatang Rawa, located in Bandar Perda, was officially launched on Sunday. The community stadium was completed in October 2021, and started welcoming sports enthusiasts the following month. AEI International Berhad was appointed by the Penang state government to assume the operations, maintenance, and the running of the stadium ... Read More

Taman Lip Sin Master Plan aimed at improving liveability

Taman Lip Sin, which comes under the Bayan Baru parliamentary and Batu Uban state constituency, could see its neighbourhood transformed into a better living environment if the proposed Lip Sin Master Plan materialises. Bayan Baru MP Sim Tze Tzin, who proposed master plan, was determined to improve the liveability of the ... Read More

SITE PROGRESS: Nusacinta @ Setia Fontaines (Aug 2022)

About Nusacinta @ Setia Fontaines The second residential component to be launched in the 1,675-acre Setia Fontaines master-planned township development by SP Setia. This will be the first gated residential precinct located next to the 63-acre man-made lake with a musical fountain. It comprises a total of 294 landed residential units, offering a few types of landed houses ... Read More

Largest Smart Integrated City Development in Penang Island

Penang's newest landmark - Penang International Commercial City (PICC) by Hunza Properties Berhad is the Largest Smart Integrated City Development in Penang Island. PICC is a comprehensive project which includes Residential Condominium, Serviced Apartments, a Lifestyle Mall, a Medical Centre, BPO Offices, a Luxury Hotel, a Central Park and more ... Read More

Positive Outlook for Property Landscape

PropertyGuru Malaysia announced that its Malaysia Property Market Report (MPMR) Q3 2022, powered by PropertyGuru DataSense, saw an expected trend of gradual improvements, with the overall demand index moving upwards by 7.93% QoQ, despite being in negative territory in the previous quarter. The report registered upward trends in several areas ... Read More

Penang’s five decades of industrial success

The Malaysia Semiconductor Industry Association (MSIA) celebrated Penang’s 50th anniversary of industrial excellence via a gala dinner at the Eastern & Oriental Hotel Monday evening. The event was attended by some 300 members of the industry. Chief Minister Chow Kon Yeow said technology is expected to bring transformation to the industry in ... Read More

Good times ahead for industrial property sector

The demand for real estate in the industrial sector is leading the way to full economic recovery for the property sector in Malaysia. Despite the rising concerns over inflation, property consultant Knight Frank said, the industrial property sector was already “flourishing” while demand for real estate in the retail sector ... Read More

SITE PROGRESS: Terraces Condominium (Aug 2022)

About Terraces Condominium A highrise residential development by IJM Land at Bukit Jambul, Penang. Strategically located on 9.32 acres of land next to INTI International College. It comprises a 34-storey condominium tower, featuring 410 residential units with two different design types to choose from. (Photo taken in July 2022) Find out ... Read More

Proposal to build workers’ quarters in Penang Tech Park shelved

The proposal to build a centralised workers’ quarters (CLQ) at the industrial area in Penang Technology Park in Bertam, Kepala Batas has been cancelled. Deputy Chief Minister I Datuk Ahmad Zakiyuddin Abdul Rahman said the developer decided not to go ahead with the project after taking into account the views ... Read More

SITE PROGRESS: Garden Superlink II @ Jesselton Hills (Aug 2022)

About Garden Superlink II @ Jesselton Hills The second phase of Garden Homes Collection in Jesselton Hills, Alma by Wing Tai Asia. It comprises 75 units of two-storey superlink homes with extended size up to 26ft wide, surrounded by lush greenery and wholesome recreational amenities. The residential enclave is strategically ... Read More