Property News

Consumers, experts choose the Gold Standard of real estate at the 9th PropertyGuru Asia Awards Malaysia in partnership with iProperty
PropertyGuru Group, Southeast Asia’s leading PropTech company, yesterday unveiled the winners of the 9th PropertyGuru Asia Awards Malaysia in partnership with iProperty.com.my, supported by Kohler and Desjoyaux Pools. The gala celebration, held at The Majestic Hotel Kuala Lumpur, the official venue of the Awards, presented the nation’s finest developers and projects across ... Read More

SITE PROGRESS: Lucerne Residences (Nov 2022)
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

What is Rumah Mesra Rakyat (RMR) program?
Rumah Mesra Rakyat (RMR) is a program established by SPNB to help those with household income below RM 3,000, who do not have a house or live in dilapidated houses but have land to build their own home. In Budget 2023, Finance Minister said the RMR program will involve the ... Read More

SITE PROGRESS: Ferringhi Hills (Nov 2022)
About Ferringhi Hills A landed residential development within the established township of Batu Ferringhi. It is located along Persiaran Sungai Emas 1, only 10 minutes walk to Ferringhi Beach. It will feature a mix of 3-storey terrace (with lower-ground level) and semi-detached, bungalow houses, to be constructed in two phases. Find ... Read More

Penang govt to ensure balanced development on the island and mainland
Chief Minister Chow Kon Yeow yesterday told the State Legislative Assembly that the Penang government is ramping up its efforts to ensure a balanced development on the island and mainland through multiple authorised platforms. Chow (PH – Padang Kota), who has always believed in the potential of a blooming industry in ... Read More

CM hopes new Federal Government could help to realise several components under PTMP
Chief Minister Chow Kon Yeow has expressed hopes that the new Federal Government could help Penang to establish the George Town – Butterworth Rail Line to reduce the number of vehicles on the Penang Bridge every day. Chow, who is also in charge of the Land Development & Economic and ... Read More

The Meg achieved take-up rate of more than 80%
Eastern & Oriental Bhd (E&O) intends to launch more projects in Penang in the near future, spurred by strong response to the group’s “The Meg” development. The property developer said the high take-up rate achieved of more than 80% for The Meg since it started previewing in January 2022 reflected ... Read More

Penang govt to give discounts of 50% to 90% for extension of leasehold lands
Penang government will grant a premium discount for the extension of leasehold land and also for ownership due to the expired leasehold period, says Chief Minister Chow Kon Yeow. Delivering his 2023 Budget speech at the State Legislative Assembly today, he said the state government has agreed to grant a ... Read More

The first phase of Gurney Wharf will be completed by next year
Penang Chief Minister Chow Kon Yeow indicated that the first phase of the Gurney Wharf project will be completed by 2023 and the entire project is expected to be fully completed by 2025. He said the project will cost RM200 million and the Penang government will allocate RM60 million to the project in ... Read More

Mak Mandin Hawker Complex to be upgarded
The Mak Mandin Hawker Complex (public market) is set to undergo upgrading work starting June next year. State Housing, Local Government, Town and Country Planning Committee chairman Jagdeep Singh Deo said the upgrade would provide a more conducive environment for both traders and visitors. Jagdeep said Bagan Jermal assemblyman Soon Lip ... Read More
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- @Islander Exactly. My landed house near Queensbay area is expected to fetch 1.5 million. What's...millionaire on 80% of Gen Z Malaysians opt for high-rise living
- @Update Luquidator probably or sell off as this might be one of their assets on...MajorArches on Ivory Properties gets green lights to buy land opposite Queensbay Mall
- Eventually, after decades ! ...Chita on Penang’s North Coastal Paired Road to begin construction in 2026
- @Peter yes.. need to request to turn off.. see liao eyes pain ...ck on Mezzo @ The Light City
- @millionaire Condo more expensive than landed in island? bro you should compare same location to...Islander on 80% of Gen Z Malaysians opt for high-rise living
- Affordability is the first issue, if can afford andaman landed why want to buy packed...Minion on 80% of Gen Z Malaysians opt for high-rise living
- millionaire : @Roy @ Grey Property We don’t need landed as young generation just...Minion on 80% of Gen Z Malaysians opt for high-rise living
- @Update No problem. AG is best developer to take up this project. Maybe AG mall?...millionaire on Ivory Properties gets green lights to buy land opposite Queensbay Mall
- @MajorArches Then who will develop this land? Bank will lelong it? ...Update on Ivory Properties gets green lights to buy land opposite Queensbay Mall
- Huh, Ivory Properties gone case already, awaiting declare bankruptcy. Owners like The Peak, City Residence,...MajorArches on Ivory Properties gets green lights to buy land opposite Queensbay Mall
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- Affordable Housing (Penang Island)
- Butterworth Arena
- Columbia Asia Medical Centre
- Eco-Tourism Hub @ Batu Kawan
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- 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
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- The Ship Campus (ALC College)
- The Top @ Komtar
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