Property News

SITE PROGRESS: Vertu Resort Condominium (Dec 2019)
About Vertu Resort Condominium First resort-inspired high-rise development by Aspen Group at Batu Kawan, with a gross development value (GDV) of RM620mil. This is the second phase (and the first residential development) in Aspen Vision City. Find out more about Vertu Resort Condominium ... Read More

SITE PROGRESS: Eco Horizon (Dec 2019)
About Eco Horizon a 300-acre integrated mixed-development township by EcoWorld at Batu Kawan, said to be the largest scheme undertaken by a single developer. It is strategically located right opposite the upcoming IKEA, off the primary interchange linking the Second Penang Bridge to the North-South Highway. Find out more about Eco ... Read More

Property sector improves on positive consumer sentiment
The overall performance of the property sector in Malaysia is deemed to have improved slightly in terms of transactions following the government’s initiatives to enable more Malaysians to buy their first house. Malaysian Institute of Estate Agents (MIEA) chief executive officer Soma Sundram Krishnasamy said based on a technical study, ... Read More

Penang International Airport expansion project
Penang's airport is expected to be expanded soon at a cost of between RM800 million and RM900 million. The expansion will double the terminal's gross floor area to 113,005 sq m from 54,582 sq m. The new design will have the capacity to accommodate 12 million passengers per annum, from ... Read More

SITE PROGRESS: Triuni Residences (Dec 2019)
About Triuni Residences The third phase of The Sanctuary development, featuring three residential towers, with a total of 552 condominium units. It is strategically located within the established township of Batu Uban, next to The Sanctuary (Phase 1). Just a mere minutes drive from University Science Malaysia and Penang bridge. Find ... Read More

Penang International Airport expansion approved, to be completed by 2024
The state government opted for the expansion of the Penang International Airport (PIA) rather than build a new one on reclaimed land in the south as it could not afford to delay the project. State Local Government Committee chairman Jagdeep Singh Deo said the State Planning Committee (SPC) in a ... Read More

Sea and hill-view urban resort condo from RM590K
Runnymede is making last call for HOC campaign! Call now to know the additional discount and rebates! Register your interest here ... Read More

Penang Structure Plan 2030 gazetted, including 3 new islands
Penang Chief Minister Chow Kon Yeow yesterday announced the approval of the 2030 Penang Structure Plan (RSN), which outlines development strategies and policies for the state from 2020 to 2030. Chow said the RSN, which had taken into account public views and objections over the past year, was now legally ... Read More

Iconic Regency – Where Convenience Meets Luxury
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

Quit rent increase will be minimal
The Penang government yesterday assured those living in apartments and stratified units that any increase in quit rent will be “very minimal” and based on rates already in place since 1994. Chief Minister Chow Kon Yeow said the rates will also not change for the next 10 years – until ... Read More
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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