Property News

Penang govt assures factory owners of fair land valuation
The Penang government will have to study very carefully to come out with a win-win situation regarding the land lease premium rates for industrial land. Chief Minister Chow Kon Yeow said currently the state Land and Mines Department is gathering all state agencies to discuss land development in the state ... Read More

Residential property sales in Penang this year to be record high since 2016
The housing market in the country is expected to be at a record high by the end of this year since 2016, a real estate agent forecasted today. Raine & Horne International Senior Partner Michael Geh predicted that a RM71.03 billion worth of residential properties will be sold by the ... Read More

Penang to issue stiff compounds to errant developers
Penang will follow the example of the Selangor state government in imposing stiff compounds on developers who flout Erosion and Sediment Control Plans (ESCP), in a bid to address the increasing incidence of non-compliance among developers in the state. In this connection, a working paper on amendments to the Street, ... Read More

SITE PROGRESS: The Ship Campus (Nov 2019)
About The Ship Campus The Ship Campus (Peninsula College) is a university campus in Batu Kawan, combining an eco-friendly campus with a dynamic blend of technology and innovation to enable professional learning. It is strategically located at the southern part of Batu Kawan and it is part of PKT’s “One Auto ... Read More

MAPEX – Home Ownership Campaign 2019
MAPEX has been one of the feasible platforms in gathering interest for property purchasing as the previous venture made a grossing sales of RM300 million, with more than 200 applicants in salvaging government-linked homes. As the Co-Organizer of MAPEX, Property Queen’s dedication and commitment ensuring homeownership among Malaysians will receive ... Read More

Sinaran Residences – Show Unit Private Preview
If you have missed the recent soft launch of Sinaran Residences @ Utropolis, here is an opportunity to attend the private preview of the new show unit with fun-filled activities. NEW SHOW UNIT PRIVATE PREVIEW 16 - 17 November 2019, 11am - 6pm Paramount Property Sales Gallery @ Design Village Please call 012-501 0733 for more details ... Read More

Underpass to alleviate traffic congestion in Mount Erskine
An underpass would be the best option to alleviate traffic congestion in Mount Erskine, Penang, instead of a flyover. Chief Minister Chow Kon Yeow said there was no other alternative but to build an underpass under the planned Pan Island Link 1 (PIL1) project. Chow was responding to an oral ... Read More

Masterplan design competition for Penang South Islands
The Penang government is inviting world leading architects and town planners to take part in the Penang South Islands International Masterplan Design Competition (MDC). Chief Minister Chow Kon Yeow said the Penang South Reclamation (PSR) project would be ‘temporarily’ named as the Penang South Islands (PSI) until the competition ends ... Read More

SITE PROGRESS: The Amarene (Nov 2019)
About The Amarene Part of Ideal Vision Park development by Ideal Homes in Bayan Lepas, Penang. This development is strategically located along Jalan Tun Dr. Awang, adjacent to Tree Sparina condominium. It is just a mere minutes drive to Straits International School and Penang International Airport. Featuring a 35-storey condominium that ... Read More

Penang govt calls for RFP on development of resort in Batu Ferringhi
The Chief Minister of Penang Incorporated (CMI) has been given the mandate to spearhead the initiative of calling for a Request for Proposal (RFP) for the development of a site in Batu Ferringhi into a Coastal Resort and Spa. Chief Minister Chow Kon Yeow said the 4.2-acre land, at PT 223, ... 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