Property News
Illegal street racing near Queens Residences causes sleepless nights and safety concerns
According to a report in a Chinese daily, the Queens Residences in Bayan Lepas has been experiencing disturbances caused by illegal street racing and modifications made to vehicles' exhaust systems. Almost every weekend at midnight, the sound of revving engines can be heard throughout the quiet night, disturbing residents' sleep ... Read More
Heng Huat acquires land in Penang for property development
Heng Huat Resources Group Bhd has announced that its subsidiary, HH Land and Development Sdn Bhd, has purchased six land parcels worth RM6.32 million in cash. According to a disclosure made to Bursa Malaysia, the acquisitions will be financed through internally generated funds. Heng Huat's decision to acquire these assets ... Read More
SITE PROGRESS: Anggun Residences (Apr 2023)
About Anggun Residences Anggun Residences located beside Design Village Outlet Mall in Batu Kawan is the flagship residential project undertaken by PE Development (Penang) Sdn Bhd, a subsidiary of PANSAR Berhad in West Malaysia. Designed as a condotel concept, these 496 units of spacious 3-bedroom apartments comes with maximised functional ... Read More
Fajarbaru to build 3 blocks of affordable apartments for PDC
In a filing with Bursa Malaysia, Fajarbaru Builder Group Bhd announced that it has secured a RM125.3mil construction contract from Penang Development Corporation (PDC). The project involves the construction of three blocks of affordable apartments as part of the Phase Four development of a mixed project comprising twenty-five phases. Fajarbaru's ... Read More
Maxis partners Ideal Property to provide fibre connectivity to residential and commercial projects
Maxis has partnered with Ideal Property Group, a market-leading property developer in Penang, to bring fibre connectivity to homes and businesses. With this partnership, Maxis is leveraging its own fibre build to deliver a superior internet experience and attractive fibre propositions to mixed developments in Penang Island and Butterworth. As ... Read More
Tek Seng to acquire another three parcels of land in SPT
Tek Seng Holdings Bhd's subsidiary, Wangsaga Industries Sdn Bhd (WISB), has recently entered into two separate sale and purchase agreements (SPA) to acquire three parcels of freehold land in Penang for a total cash consideration of RM33.96 million. The polyvinyl chloride (PVC) sheeting manufacturer announced the acquisition in a filing ... Read More
Outrage over 5-storey building plan at back of Penang’s oldest market
In a move that has outraged heritage activists, the Penang Island City Council (MBPP) has approved plans for a five-storey building behind a 122-year-old market, the oldest in the city. The Campbell Street market redevelopment project will include shophouses, parking lots and “studio rooms” to be built by the council ... Read More
RM16,000 cash prizes for My Ideal Homes 6.0 photo contest
Executive Chairman of Ideal Property Group, Tan Sri Datuk Alex Ooi Kee Liang promotes creativity, community engagement, and appreciation for the art of photography through My Ideal Homes 6.0 photo contest. Ideal Property Group, a leading property developer in Malaysia, is pleased to announce the launch of its latest photography ... Read More
PIA new multi-storey carpark is now open
The newly constructed seven-storey carpark at Penang International Airport (PIA) opens to the public on 1 April after obtaining the certificate of completion and compliance (CCC) from the relevant authorities. Malaysia Airports Holdings Bhd (MAHB) managing director, Datuk Iskandar Mizal Mahmood said the new multi-storey carpark is anticipated to improve parking problems ... Read More
Expert: Housing Credit Guarantee Scheme improvements will help overcome property overhang
Improvements to the Housing Credit Guarantee Scheme (HCGS) under the Budget 2023 through the increase of financing funds and expanding the qualification of applicants to fixed income groups can help reduce the number of unsold low- and medium-cost houses. Economic expert Jain Yassin said the scheme, which offers financing up ... Read More
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- so the plan is now to do a tunnel instead... ...Goppal Balan on RM33mil Mount Erskine underpass targets 2030 Completion
- This is what i advise to my peers and subordinates, don't become too dependent and...Goppal Balan on RM33mil Mount Erskine underpass targets 2030 Completion
- @Ragebait You're right. It's common sense. It's up to condo management to handle it. The...Bin on The Meg @ Andaman Island
- Y'all knew that the meg was going to be the first project completed and still...Ragebait on The Meg @ Andaman Island
- KM : The Meg Property Management has not taken effective action despite the issues...Leo on The Meg @ Andaman Island
- @Olivier The management only able to give advice to pet owner infact this apartment is...Bin on The Meg @ Andaman Island
- I hope E&O will intervene promptly to protect residents' well-being and ensure that The Meg...Olivier on The Meg @ Andaman Island
- The Meg Blk B, Persistent dog barking and obstruction in a common area A dog...Olivier on The Meg @ Andaman Island
- The Meg Property Management has not taken effective action despite the issues being reported repeatedly....KM on The Meg @ Andaman Island
- Any idea of tentative completion for Queens millionaire row? Marina? Sport centre? ...Bin on Marriott Residences Queens Waterfront
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