Property News

Steep rise in concrete and cement prices since last month
Builders’ associations have urged the domestic trade and cost of living ministry to investigate the steep rise in concrete and cement prices since last month. The Builders Associations from Johor, Melaka, Penang and the Perak Contractors Association said they hoped the matter would get the attention of the ministry and ... Read More

Cautiously optimistic outlook for Penang property market
There is cautious optimism over the outlook for the Penang property market, in spite of the inevitable headwinds and challenges that lie ahead. Knight Frank Penang executive director Mark Saw says the overall outlook for the Penang market remains relatively positive despite the anticipated global recession, coupled with higher interest ... Read More

The grand opening of Stonyhurst International School
The opening of Stonyhurst International School in Straits Quay marks one of the most significant milestones in the over 400-year history of Stonyhurst College, United Kingdom, and in Penang. Built on 4.3 acres of land, Stonyhurst International School boasts state-of-the-art facilities, designed with 21st-century teaching and learning pedagogy in mind. The ... Read More

Stringent hill site development guideline controls development on slope land in Penang
For many years, Penang has been restricting and controlling developments which are conducted on slope land. Chief Minister Chow Kon Yeow said developments were not allowed on Class Three and Four slopes and if earthworks were necessary, they had to comply with various geotechnical requirements. “We have been doing this for ... Read More

Penang Hill cable car project is on
The much-talked about cable car project for Penang Hill is set to become a reality. Chief Minister and Penang Hill Corporation (PHC) chairman Chow Kon Yeow said Hartasuma Sdn Bhd, a homegrown pioneer in the local rail industry, has successfully won the bid for the cable car project. He said ... Read More

Simmtech to accelerate Penang 2nd phase of expansion
South Korea-based manufacturer Simmtech is set to accelerate the expansion of its production line in Penang with a second phase investment of US$50 million (U$1 = RM4.4250), expected to be completed by the first quarter of 2023. The company is a producer of semiconductor packaging substrates and high-value printed circuit ... Read More

SITE PROGRESS: The Zen (Dec 2022)
About The Zen A mixed development by Asia Green at Bayan Mutiara. It is located next to Tun Dr. Lim Chong Eu Expressway, just a short drive away from the ongoing Penang World City township development by Tropicana Ivory. This development comprises a 46-storey skyscraper with two residential towers, and shop ... Read More

Iconic Regency – Fully furnished serviced suites, limited units left!
Iconic Regency is a freehold development nestled within the established commercial district and residential neighbourhoods for both local and expatriates in the middle of Sungai Nibong, Penang. Iconic Regency is linked to the Iconic Hotel – 4-star business class hotel and within walking distance of the proposed LRT Station. The ... Read More

Penang sets 2024 to kick-off water taxi service
If all goes well, Penang will have the country's first proper water taxi service in 2024. State Infrastructure and Transportation Committee chairman Zairil Khir Johari said both the state government and the Penang Island City Council (MBPP) always had the intention to provide the water taxi service, especially on the ... Read More

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
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RECENT COMMENTS
- The issue is that the expansion of Airport Terminal 3 hasn't started calling for tender...Dan on Penang International Airport expansion to complete by June 2028
- LL : @connie It won’t be, and seaview is not the major attraction point....Minion on The Pier
- Po : why this project no more update? is it still on going? because...Minion on Bayan Suite
- CCC obtained ...666 on Mezzo @ The Light City
- @connie It won't be, and seaview is not the major attraction point. The location and...LL on The Pier
- May i know the studio is what selling price now? unit no is? ...GW on Woodsbury Suites @ Harbour Place
- @connie What is the lost? Pier is seafront condo & no issue on Seaview. Even...Jacky on The Pier
- Is the sea view going to be blocked by the new hotel project? I’ve heard...connie on The Pier
- @Oh nice I believe it is very difficult to sustain, unless the "club house" is...long john on Pay-per-use model eyed for future affordable housing projects
- Don't knee jerk if haven't book, they still have 8 more towers, 6k units...this is...Oh nice on SkyWorld breaks ground on nation’s largest affordable housing project in Penang
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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