Property News

Chinese New Year 2023 Events & Roadshows
Happy Chinese New Year 2023! Celebrate this coming festive season with your family by visiting these events for your dream home and enjoying the exclusive CNY offers ... Read More

Sungai Ara residents win final appeal to stop hillslope project
A group of residents in Sungai Ara have won their final appeal to challenge the Penang island city council’s (MBPP) decision to grant planning permission to a developer to build a housing scheme on a hillslope. Federal Court judge Nallini Pathmanathan said the local authority’s approval of Sunway City (Penang) ... Read More

Limited Offer: Get Muze@PICC Now & Save RM180,000
Great news, 2023 marks the 45th Anniversary of Hunza Properties Group! As a call for celebration, purchasers in this year for participating projects are entitled for a chance at Hunza Lucky Draw Campaign, where the total prizes are worth up to RM1,000,000! For a limited time, own Muze@PICC and enjoy ... Read More

Penang gives premium discounts for extension of leasehold lands, expired leases
The Penang government is granting premium discounts for the extension of leasehold lands and for leases which have already expired. Chief Minister Chow Kon Yeow said following his announcement on the matter during the State Legislative Assembly in November last year, the policy has been enforced beginning Jan 1 this year ... Read More

BNM maintains overnight policy rate at 2.75pc
Bank Negara Malaysia (BNM) has decided to maintain the overnight policy rate (OPR) at 2.75 per cent today, allowing it to assess the impact of the cumulative past OPR adjustments, given the lag effects of monetary policy on the economy. The central bank said at the current OPR level, the ... Read More

Bank Negara likely to hike OPR to 3% tomorrow
Standard Chartered (StanChart) expects Bank Negara Malaysia (BNM) to increase the overnight policy rate (OPR) by 25 basis points to 3.0% during its monetary policy meeting tomorrow, reversing the Covid-induced rate cuts. “Following a likely January hike, we expect a pause in March, before another 25bps hike in May, assuming the ... Read More

Penang will pursue the George Town–Butterworth LRT link
The Penang government is still waiting to meet Prime Minister Datuk Seri Anwar Ibrahim and Transport Minister Anthony Loke to discuss the proposed George Town–Butterworth Light Rail Transit (LRT) project. Chief Minister Chow Kon Yeow said the discussion would also touch on other critical transport projects in Penang, such as the ... Read More

SITE PROGRESS: Celesta Residency (Jan 2023)
About Celesta Residency Mixed development by Red Blue Development Sdn. Bhd. (TGB Group) in the established township of Sungai Nibong. Strategically located along Jalan Sultan Azlan Shah, diagonally opposite three public schools, namely SRJK(C) Kwang Hwa, SRJK(C) Shih Chung and SMK Sungai Nibong. It features a mix of residential and ... Read More

Public market in Batu Kawan to be completed in 2025
Residents in Bandar Cassia, Batu Kawan will have their first-ever public market in the area soon! Chief Minister Chow Kon Yeow, who is also the Batu Kawan MP, said the project which sits on a 7.69-acre land near Taman Crescentia is divided into two phases at an estimated cost of RM69 ... Read More

More initiatives and new environment-based master plan to realise PSI project
The Penang government is committed to realising the Penang South Islands (PSI) project after announcing new initiatives under the Social Impact Management Plan (SIMP) scheme and the introduction of the PSR Ecology Offset Master Plan (PEOM). The additional initiatives under the SIMP scheme include the announcement of 11 fishermen who are ... Read More
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- It will be years of hell during construction. Surely the bypass should be used to...Putra on Sungai Dua–Juru elevated highway project set for November groundbreaking
- @andrew Bro, your mouth smell like chibai. ...logan on Mezzo @ The Light City
- @Minion Then? Full stop already? Share us how you measure it. In Penang, condo is...millionaire on 80% of Gen Z Malaysians opt for high-rise living
- @andrew At least better than Mezzo. Please la switch it off.. ...millionaire on Mezzo @ The Light City
- @millionaire this is not how you measure the price of landed property compare to condo....Minion on 80% of Gen Z Malaysians opt for high-rise living
- @millionaire Quaywest & COD? Please, they really look like some pariah indian disco!!! ...andrew on Mezzo @ The Light City
- @Minion My affordability is low & no money or downpayment. That's why end up in...Wilson Ooi on 80% of Gen Z Malaysians opt for high-rise living
- @rojak Yes. Exactly. Condo is very expensive. Small & high price psf. Even westin &...millionaire on 80% of Gen Z Malaysians opt for high-rise living
- @Islander It's true lah bro. Let's compare high-end at Tanjung Tokong, E&O's latest landed homes...rojak on 80% of Gen Z Malaysians opt for high-rise living
- @ck Where eye sore? Quaywest & Cod are well design & really amazing to see...millionaire on Mezzo @ The Light City
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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