Property News

SITE PROGRESS: Terraces Condominium (Jan 2025)
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 Dec 2024 Find out more ... Read More

Penang to roll out RM1.8 billion water supply projects
The Penang Water Supply Corporation (PBAPP) has announced six major water supply projects valued at over RM1.8 billion to meet the rising water demand in the state. Four of these projects, costing a total of RM824 million, are set to begin this year under the state's Water Contingency Plan 2030 ... Read More

Free parking extended for Penang Smart Parking users until 11 Jan
Penang Smart Parking (PSP) users can continue to enjoy free parking from 6 January 2025 at 3:30 PM until 11 January 2025 at 11:59 PM. This extension comes as the app continues to face technical issues, providing users with a temporary relief while the problems are being resolved. For users ... Read More

Tapak Pesta Sungai Nibong will soon make way for Mutiara Line LRT secondary depot
This year’s iconic Pesta Pulau Pinang is set to be the last held at the Tapak Pesta Sungai Nibong, as the venue will soon make way for the Mutiara Light Rail Transit (LRT) Line development. Chief Minister Chow Kon Yeow announced during the festival’s launch that part of the site ... Read More

Elvina project marks completion with key handover to happy homeowners
The eagerly awaited Elvina project celebrated a significant milestone as homeowners received their keys during a grand handover ceremony. The highly anticipated Elvina project in Jalan Sungai Nipah 2, Balik Pulau, Penang reached a major milestone with a successful key handover ceremony held on January 6, 2025. The event marked ... Read More

Penang breaks ground on ‘co-house’ affordable housing in Permatang Tinggi
Penang has introduced a new affordable housing project in Permatang Tinggi, featuring a ‘co-house’ concept aimed at providing more accessible landed homeownership options for its residents. The initiative, under the C3 Affordable Housing (RMM) category, marks the state’s first townhouse-style development by the Penang Housing Board (LPNPP). The hybrid design ... Read More

SITE PROGRESS: Lucerne Residences (Jan 2025)
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

Penang to trial 2-hour parking limit in congested areas
The Penang Island City Council (MBPP) is planning to introduce a two-hour parking limit in high-traffic areas facing severe parking shortages, particularly in George Town. MBPP Mayor Datuk A. Rajendran unveiled the proposal during the swearing-in ceremony of 24 councillors at City Hall on Friday. “The rise in car ownership, ... Read More

Study and design work for Juru-Sungai Dua Elevated Highway in progress
The Juru-Sungai Dua Elevated Highway project has entered its preliminary phase, with study and design works currently in progress. Penang Chief Minister Chow Kon Yeow announced that the executing agency has already begun the year-long process, though the public may not yet observe physical activities on-site. “This phase involves detailed ... Read More

Hunza welcomes 2025 with the “Peachful Fortune” Campaign at PICC
Hunza Properties has ushered in the Year of the Snake with its vibrant "Peachful Fortune" New Year Homeownership Campaign, alongside the grand unveiling of 6 stunning Show Units , launched at the Penang International Commercial City (PICC). The event marked an auspicious start to 2025, highlighting milestones and unveiling new ... Read More
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- @Millionaire I doubt a millionaire will stay in an apartment at Perak lane, definitely is...millionaire on Twin Star
- What's the take up rate of this condominium? ...PPbee123 on The Lume @ Andaman Island
- @LOL Pier ...LL on Merione Grand
- Merione Grand vs Stark Tower vs Exsim project, which is better? ...LOL on Merione Grand
- I think Penang is in dire need of proper CBD infrastructure. Too many people doing...Irwin on Penang undersea tunnel still a key solution to traffic woes
- @Hee Chan Location of Twin is very strategy with all amelities available within walking distance....Millionaire on Twin Star
- Basically the project is way overpriced, they got more than enough allowance to pay for...Hee Chan on Twin Star
- @Ryu More like the developer is in panic mode losing to The Cube, and is...Hee Chan on Twin Star
- @Goppal Memorable but not put to good use anyway. Not like they turn it into...Islander on Iconic Boon Siew Villa demolished for luxury residential project
- @Hee Chan Quite unlikely, it is almost 4% of the sales price already. I truly...Floyd on Twin Star
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