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Property News

cny2019

Chinese New Year Property Open House & Roadshow

Gong Xi Fa Cai! May the New Year brings you joy, happiness and good health always! Celebrate this Year of Earth Pig by visiting these open house organised by developers. Enjoy the refreshments, lion dances, kids activities, lucky draw ang pao, CNY gifts and live performances while searching for your ... Read More
jelutong-landfill

Jelutong landfill to be converted into prime property development

Believe it or not, the Jelutong landfill is set to be Penang’s latest “real estate goldmine”, with a potential to generate a bonanza of at least RM1bil to the state this year. In land-scarce Penang island, development of the landfill is wonderful news and the state government will be raking ... Read More
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IKEA FAMILY roadshow and CNY treats in Penang

Swedish home furnishing retailer IKEA is set to spread cheers leading up its store opening in Batu Kawan on 14 March 2019. Located at Bandar Cassia, this first IKEA store in the northern region is set to offer over 8,000 home furnishing products alongside a wide selection of Swedish and ... Read More
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Penang Property Outlook 2019

It was another slow year for Penang housing market in 2018 with no significant improvement in market sentiment. While the data published by NAPIC indicated a slight increase of 4% in residential property transaction volume, the average transacted price for the residential segments saw a slight drop of 3% in ... Read More
one-foresta-completed

One Foresta affordable home completed

One Foresta, a premium affordable home by Penang Condo King - Ideal Property Group, has been fully completed to provide the one-of-its-kind lifestyle and high-quality residence for Penang home buyers. The Penang State Government launched the affordable home campaign in 2013 to assist Penangites especially the younger generation to buy ... Read More
jalan-pspn-2

New road at Penang Science Park open for traffic

Jalan PSPN (Penang Science Park North) 2 is now open for traffic as an alternative route to enable traffic from Batu Kawan and Bukit Tambun to continue to Juru using the passage way to the Bukit Tambun toll plaza. The newly opened road is 30m wide with a three-lane dual ... Read More
wellness-city-of-dream

Ewein plans to launch City of Dreams 2 in 2020

Ewein Bhd is looking to launch the second phase of its maiden project -- City of Dreams next year (2020) following the completion of the first phase by the end of this year. Dubbed City of Dreams 2, Ewein Bhd group founder and managing director Datuk Ewe Swee Kheng told ... Read More
National Home Ownership Campaign begins in March, offering at least 10% off

National Home Ownership Campaign begins in March, offering at least 10% off

The National Home Ownership Campaign, which was revived in Budget 2019 to tackle the high number of unsold homes in the country, will begin March 1 and feature some 30,115 completed homes, according to the Ministry of Housing and Local Government (KPKT). Set to be unveiled at a three-day launch ... Read More
cross-lighting

Penang govt awaits explanation from developer on the lighting issue

The Penang government is still awaiting a report from the state secretary’s office over the lighting issue at an apartment building in Jelutong which allegedly portrayed the image of a “cross”. Chief Minister Chow Kon Yeow said the residential project had yet to acquire a certificate of completion and compliance ... Read More
botanica-ct-groundbreaking

BOTANICA.CT Reshaping the Future of Balik Pulau

MTT Properties & Development Sdn Bhd is commencing the construction of its latest commercial development, Botanica CT Centre (BCC), in Balik Pulau. This new commercial development in Botanica.CT will consist of an 80,000-square foot of first supermarket which is TF Value-Mart, first KFC drive-thru restaurant, and first Starbucks drive-thru in Balik ... Read More