Property News

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

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

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
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

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 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

The Light City development to start work in Q3
IJM Land Bhd will be building The Light City, a RM4bil integrated mixed-development scheme, in the third quarter of this year. The project comprises a 1.1 million sq ft retail mall, two international class hotels, a convention centre, office tower, and two condominiums. IJM Land senior general manager (north) Datuk ... Read More

Penang Sky Cab alignment may be revised
The alignment of the proposed Penang Sky Cab cable car project, which will link Seberang Prai to the island, may see some changes. Chief Minister Chow Kon Yeow said the initial alignment from Penang Sentral in Butterworth to Persiaran Karpal Singh in Jelutong here may be changed to a location ... Read More

One million affordable houses to be built in 10 years
The Housing and Local Government Ministry plans to build one million units of affordable homes within the next 10 years to enable more people, especially the low income earners, to be house owners. Its minister, Zuraida Kamaruddin said the ministry would coordinate all housing projects under Syarikat Perumahan Negara Bhd ... Read More

Penang Bicycle Master Plan
The Penang government together with the Penang Island City Council (MBPP) are working towards making Penang a cycling haven for cyclists. Riding on the concept of green connectivity, the state and the local council were looking at completing the 200km-long bicycle lanes as indicated in the Penang Bicycle Master Plan ... Read More
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OTHER DEVELOPMENTS
- 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
- Teluk Bahang Wellness Resort
- The Ship Campus (ALC College)
- The Top @ Komtar
- Wellness City of Dreams