Property News

Iconic Air Itam roundabout illuminated to celebrate Penang Hill funicular railway’s 100th anniversary
In celebration of the 100th anniversary of Penang Hill funicular railway, the iconic Air Itam roundabout has been beautifully decorated to mark this significant centenary milestone. The successful commemoration was made possible through the collaborative efforts of Air Itam assemblyman Joseph Ng, the Penang Hill Corporation (PHC), and the OHM ... Read More

SITE PROGRESS: Havana Beach Residences (Oct 2023)
About Havana Beach Residences Affordable housing development by Ideal Property Group at Bayan Lepas. Strategically located near Jalan Tun Dr. Awang, less than 2km away from Penang International Airport. It is about 5 minutes walking distance to SMJK Heng Ee (Bayan Baru branch). Find out more about Havana Beach Residences Register your ... Read More

Kota Permai intersection is now being upgraded
The intersection of Jalan Kota Permai and Jalan Bukit Minyak is currently under construction to build a roundabout and install traffic lights. It is expected to be completed by mid-May next year, which will bring greater convenience to road users. Seberang Perai Municipal Councilor Tan Yun Hui pointed out that ... Read More

SITE PROGRESS: TreeO (Oct 2023)
About TreeO Affordable housing development by Hunza’s wholly-owned unit, Diamaward (M) Sdn Bhd, at Sungai Ara. It is located next to Taman Sungai Ara, about 1.5km away from SJK(C) Chong Cheng. This development comprises three 49-storey towers offering a total 1,240 affordable units. Find out more about TreeO Register your interest here to ... Read More

Tanjong Prima-Island Plaza overhead bridge enhances pedestrian safety and convenience
Pedestrians from all walks of life, including tourists, foreign workers, office-goers, senior citizens, and youngsters, have begun utilising the recently constructed Tanjong Prima-Island Plaza overhead bridge in Tanjong Bungah. The overhead bridge connects Fettes Road and the Seri Tanjung Pinang Road, situated opposite the Prima Tanjong Business Centre. It now ... Read More

Preliminary planning underway for “Sports City” project in Batu Kawan
In a bid to bolster the sports and recreational offerings in the region, the state government, through the Penang Stadium and Open Spaces Corporation (PSDKLPP), is making significant headway in the development of the ambitious 'Sports City' project in Batu Kawan. The concept and financing model for the project are ... Read More

Penang calls off Batu Kawan land deal
The Penang government has called off the sale of a plot of industrial land in Batu Kawan to a private company, following a change in shareholding in the purchaser’s company. State agency Penang Development Corporation (PDC) said it has since given Umech Land Sdn Bhd a three-month notice, following a ... Read More

SITE PROGRESS: Iconic Regency (Oct 2023)
About Iconic Regency A mixed development by Iconic Development Sdn. Bhd. at Sungai Nibong. Strategically located along Jalan Sultan Azlan Shah, next to SK Sungai Nibong. It is only 10 minutes walk to two future LRT Stations – Sungai Nibong & Pesta Stations. Featuring a 42-storey serviced suites with 268 fully furnished ... Read More

Rehda voices concern over 4% MOT stamp duty on foreign property purchase
The Real Estate And Housing Developers’ Association Malaysia (Rehda) expressed concern over the government’s plan to introduce a 4% flat rate for the stamp duty on memorandum of transfers (MOT) on purchases by foreign individuals and companies in Budget 2024, presented by Prime Minister and Minister of Finance Datuk Seri ... Read More

Micron opens second smart manufacturing facility in Batu Kawan
Micron Malaysia yesterday has officially announced the opening of its second state-of-the-art smart manufacturing facility in Batu Kawan Industrial Park (BKIP). It is located on the same site as its first plant in BKIP. Micron Malaysia vice-president and country manager Amarjit Singh Sandhu said this expansion enables Micron Malaysia to boost ... Read More
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- @kelly 950K for 3 units? Hmm, ok price i think, not too cheap, but some...Hee Chan on Affordable Housing @ The Zen
- @millionaire worst investment ever for Ideal projects, 300k state unit 1 carpark, now selling at...Hee Chan on Affordable Housing @ The Zen
- same developer as Montage? heard Montage already stop work and the developer is winding up...BTW on AFFORDABLE: Balik Pulau / Prisma Bumiraya Sdn. Bhd.
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- @Floyd If I’m not mistaken, some of the facilities in Tower B are different from...Sawtoh on Twin Star
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