Property News


SITE PROGRESS: Vivo Executive Apartment (Dec 2022)

About Vivo Executive Apartment A serviced apartment within Aspen Vision City township development at Batu Kawan. It is strategically located next to the upcoming Integrated Shopping Mall, walking distance to the Central Island Park. The units will be built complete with communal co-sharing working space and a social kitchen to support ... Read More

Experience a Magical Christmas @ Hunza Candyland on 17 Dec

This coming Christmas, magical wonders await at PICC Sales Gallery! Hunza Candyland is a must-see highlight to unforgettable sights in Penang, where the enchanting Candy-themed displays are bound to transport you into a fairy tale of your own. Hunza Candyland will be happening on Date: 17 December 2022 (Saturday) Time: ... Read More
penang properties

Property sector improved in 2022 but high material cost and labour shortage remain a concern

The real estate sector saw improvement both in terms of transactions and value this year compared with 2021, supported mainly by the resumption of economic activities across the board and the reopening of the country's international borders. The National Property Information Centre (NAPIC), which comes under the Valuation and Property ... Read More

SJKC Kuang Yu broke ground on new campus at Batu Kawan

The groundbreaking ceremony of primary school SRJK (C) Kuang Yu in Batu Kawan has made it into the Malaysia Book of Records after 500 people took part in the ceremony yesterday morning. The primary school, which has 88 years of history, is being relocated to Batu Kawan from Kuala Muda, Penaga. Bukit ... Read More

Micron Technology to invest RM4.4bil on 2nd factory in Penang

Strong market demand will continue to underpin Micron Technology Inc’s operations in Malaysia along with its increased factory space in Penang of 1.5 million square feet. Chief executive officer Sanjay Mehrotra said the United States-based computer memory and computer data storage producer has invested US$1 billion in its operations here ... Read More

PIA new multistorey carpark is expected to open March 2023

Parking woes at the Penang International Airport (PIA) will be a thing of the past as its multistorey carpark is expected to open next March. The 2,200-bay covered carpark will be able to cater to the needs of travellers who can now leave their vehicles at the airport when heading out ... Read More

Consumers, experts choose the Gold Standard of real estate at the 9th PropertyGuru Asia Awards Malaysia in partnership with iProperty

PropertyGuru Group, Southeast Asia’s leading PropTech company, yesterday unveiled the winners of the 9th PropertyGuru Asia Awards Malaysia in partnership with iProperty.com.my, supported by Kohler and Desjoyaux Pools. The gala celebration, held at The Majestic Hotel Kuala Lumpur, the official venue of the Awards, presented the nation’s finest developers and projects across ... Read More

SITE PROGRESS: Lucerne Residences (Nov 2022)

About Lucerne Residences The final phase of residential development by Ideal Property Group at Ideal Vision Park in Bayan Lepas. It is just a short drive to Penang International Airport, 10 minutes walking distance to Straits International School. The project will see two blocks of 36-storey skyscrapers featuring a European living concept. It offers 480 ... Read More

What is Rumah Mesra Rakyat (RMR) program?

Rumah Mesra Rakyat (RMR) is a program established by SPNB to help those with household income below RM 3,000, who do not have a house or live in dilapidated houses but have land to build their own home. In Budget 2023, Finance Minister said the RMR program will involve the ... Read More

SITE PROGRESS: Ferringhi Hills (Nov 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