Property News

The View Above KOMTAR
We bring you an exclusive video on the tallest building in Penang - KOMTAR Some of you may not be aware that KOMTAR has grown taller by 3 levels! The recently refurbished tower now sports new floors with a large viewing deck, glasshouse structures encircled by trees and most striking ... Read More

Luminari targets the homebuyer market
Despite the slow property market, OSK Property Holdings Bhd believes there is still demand for properties targeted at end users. And the homebuyer market is what is it aiming at with Luminari, a serviced apartment project launched recently at its Harbour Place township in Butterworth, Penang. CEO Ong Ghee Bin ... Read More

Aspen and TM to collaborate on Smart City developments
Telekom Malaysia Berhad (TM) and Aspen Vision All Sdn Bhd (AVA), a subsidiary company of Aspen Group today inked a Collaboration Agreement to facilitate the deployment of Smart Services, converged telecommunications as well as information and communication technology (ICT) services for the Aspen Vision City development in Batu Kawan, Penang ... Read More

Paramount earnings goes up 70%
Paramount Corp Bhd’s second quarter net profit soared 70% to RM23.9mil from RM14.1mil a year earlier, on higher contribution from its property division and higher student enrolments at its KDU University College. Revenue for the quarter ended June 30, 2016 rose 26% to RM145.3mil compared to RM115.3mil previously, the company ... Read More

Chowrasta Market Upgrade
The culturally and historically significant landmark, Chowrasta Market’s physical form is given new life. Chowrasta Market’s integrity is preserved with careful planning with integration of existing marketplace activity while sensitively adding new functions and spaces to revitalise the character and quality of the market. The design also intends to create ... Read More

The Tamarind vs Queens Residences
Queens Residences and The Tamarind, the two most popular Q2 2016 projects in Penang have their own unique popularity. Take a look at the comparison of these two projects... The Tamarind Queens Residences Developer E&O Property Ideal Property Group Location Tanjung Tokong Bayan Bay Standard unit size 1,042 onwards 950 ... Read More

Penang to decide on proposal to revise density guidelines soon
The Penang state government will soon make its decision regarding a proposal to revise the current density guidelines to 128 units per acre in order to provide more affordable housing in the state. Penang State Exco for Housing and Town & Country Planning Jagdeep Singh Deo said the proposal to ... Read More

Penang opts for costlier elevated LRT system, less social impact
Penang state government has decided to build a RM4.8 billion elevated light rail transit (LRT) system in the state, rather than have a tram system, as part of the RM46 billion Penang Transport Master Plan (PTMP). This is to avoid associated costs of relocation of utilities, land acquisition and social ... Read More

Penang property market immediate outlook challenging, says Knight Frank Malaysia
The immediate outlook of Penang’s property market will be challenging amid difficulties in the global and national economic environment, said property services firm Knight Frank Malaysia in its latest report. In its Real Estate Highlights report, the firm noted that the total volume of transactions for all sectors in Penang ... Read More

20 Projects With Highest Pageviews From Singapore
We have published reports on the most active projects in Penang. Do you wondering how many of those pageviews are from foreign countries? Singapore is the third highest source of visitors to PenangPropertyTalk.com after Penang and Kuala Lumpur, with more than 24,000 visits in second quarter of 2016, representing approximately 6% of the total ... Read More
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- I don't think so.. ...Zul on Penang expands 5% discount on unsold homes to all buyers
- @Millionaire You're being sarcastic? Or you really like to write nonsense? I don't get it....Billionaire on Twin Star
- @Moon This was info from the development office when i went for booking. It is...Koja on The Cube
- The central region has spent years developing its first line and gradually expanding it over...BTW on Penang’s LRT Mutiara Line project set to begin soon
- so is bumiputra entitled for 5%+5%? ...BTW on Penang expands 5% discount on unsold homes to all buyers
- Don't know what that Sunda guy of state housing chairman up to , as if...Oh nice on Penang expands 5% discount on unsold homes to all buyers
- @Gemini Air talk only deserve Air talk answer ...Islander on Penang’s LRT Mutiara Line project set to begin soon
- @millionaire or AG ...LL on Penang’s LRT Mutiara Line project set to begin soon
- Islander : Aiya, very easy, by next GE if I still see “nothing” I...Gemini on Penang’s LRT Mutiara Line project set to begin soon
- @Captain Light Just assign to a China company, will start. Look at Indonesia HSR, took...millionaire on Penang’s LRT Mutiara Line project set to begin soon
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OTHER DEVELOPMENTS
- Affordable Housing (Penang Island)
- Butterworth Arena
- Columbia Asia Medical Centre
- Eco-Tourism Hub @ Batu Kawan
- Escape Penang – Eco Theme Park
- GBS @ The Waterfront
- GBS by The Sea
- Gurney Wharf
- IKEA Batu Kawan
- Island Medical CIty
- Kobay Jelutong
- Lin Xiang Xiong Art Gallery
- Linear Waterfront
- Mitsui Outlet Park @ PIA
- One Auto Hub @ Batu Kawan
- Penang Arts District
- Penang Eastern Seafront Development
- Penang Medical & Digital Technology Hub
- Penang Premium Outlets (Design Village)
- Penang Sentral
- Penang South Islands
- Penang Transport Master Plan
- Penang Waterfront Convention Centre
- Penang World City
- PIA Expansion
- Silicon Island
- Teluk Bahang Wellness Resort
- The Ship Campus (ALC College)
- The Top @ Komtar
- Wellness City of Dreams