Property News
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
PIL 1, LRT to be approved soon
The Pan Island Link 1 (PIL 1) and the Light Rail Transit (LRT) projects are at “the tail-end” of securing the necessary approvals, Chief Minister Chow Kon Yeow said. He said the state government has been working with SRS Consortium to finalise the master agreement for the two major components ... Read More
Penang plans a RM10m resort and spa in Batu Ferringhi
The Penang state government is working with a private company to develop a RM10 million coastal resort and spa in Batu Ferringhi, Chief Minister Chow Kon Yeow said. He said this was to develop another tourism product for the state. In his speech for the state’s 2020 budget, he said ... Read More
HOC will not integrate with MM2H
The government has no plans to integrate the Malaysia My Second Home (MM2H) programme with the Home Ownership Campaign (HOC), as the two schemes have different objectives, said the Housing and Local Government (KPKT) Minister Zuraida Kamaruddin. “Both programmes have different objectives and target segments: One is targeting Malaysians with ... Read More
SITE PROGRESS: Imperial Grande (Oct 2019)
About Imperial Grande A mixed development by Modular Platinum Sdn. Bhd. (Ideal Property Group) in Sungai Ara, Penang. It is located along Jalan Fettes, surrounded by Iconic Skies, Gardens Ville and Imperial Residence. This development will offer a mix of landed and high-rise properties, with 2 level of shop offices ... 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 home ownership among Malaysians will ... Read More
Strata property owners laud court’s decision on flat rate
About six million Malaysians who live in strata properties will “benefit” from a Court of Appeal ruling that all owners in mixed development strata properties pay maintenance rates based on a fixed formula. “It is not only high-rise buildings but also gated and guarded communities that have strata titles,” said ... Read More
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