Property News
Temporary motorcycle lane closure of Tun Dr LCE Expressway
IJM Land Berhad (IJM Land), the developer of The Light project, has announced that there will be a temporary motorcycle lane closure on Tun Dr Lim Chong Eu Expressway from Aug 19 to Nov 15. IJM Land in statement on Wednesday (Aug 14) said the closure will affect both the ... Read More
First factory expected on Silicon Island by 2027
The Penang government is setting the stage for a significant industrial expansion with the development of Silicon Island, a sprawling 2,300-acre reclaimed land project located off the southern coast of Penang Island. According to Zairil Khir Johari, the state executive councillor for Infrastructure, Transport, and Digital, the first factory on ... Read More
SITE PROGRESS: Foreshore Residence (Aug 2024)
About Foreshore Residence A mixed development by Tanjung Villa Development Sdn. Bhd. (a subsidiary of Tah Wah Group) in the heart of George Town. Strategically located along Tun Dr. Lim Chong Eu Expressway, adjacent to Sandilands Condominium. It is only about 5 minutes drive to Penang Bridge, with an abundance of ... Read More
Plans to turn Pulau Jerejak into eco-extreme sports island
The Penang Forestry Department, in collaboration with the Penang State Sports Council (MSNPP), is exploring the possibility of transforming Pulau Jerejak into an eco-extreme sports island, according to the department’s director Muhammad Ezhar Yusuf. Pulau Jerejak encompasses 367.02 hectares, with 286 hectares (77.88%) gazetted as permanent reserves under the National Forestry ... Read More
Authorities conduct a sudden inspection of the Air Itam-Tun Dr LCE Expressway bypass project
Following complaints received from the residents in Island Glades over the dust issue from the bypass project in the neighbourhood, a sudden inspection from the authorities was carried out by the authorities. During the inspection, state Housing and Environment Committee chairman Datuk Seri Sundarajoo Somu, Seri Delima assemblyman Connie Tan, and ... Read More
E&O Group unveils The Lume
E&O Group yesterday announced the launch of The Lume, its latest luxury development on Andaman Island, Penang. This new project, situated in the prestigious Shoreline district, sets a new benchmark for eco-conscious living, offering 261 exclusive residences designed to harmonise sophisticated architecture with the natural beauty of the island. “The Lume ... Read More
SITE PROGRESS: Ventus & Tradesmen (Aug 2024)
About Ventus & Tradesmen A mixed commercial development by Jayamas Pintar Sdn. Bhd. at Batu Maung. It is strategically located within the vicinity of Southbay City by Mah Sing Group, just a mere minutes drive from Penang Second Bridge. The development comprises a 42-storey commercial building, featuring a mix of serviced suites, ... Read More
New housing projects must have 1 or 2 blocks of Madani units
All future housing projects must allocate one or two blocks for affordable Madani units to help lower-income groups own homes, says Prime Minister Datuk Seri Anwar Ibrahim. He said the government was willing to expedite approvals if developers meet all requirements. "For each new housing project, I've instructed the Federal ... Read More
Penang’s GDP grows 3% to RM116bil in 2023
Penang recorded a growth of 3.3%, increasing its gross domestic product (GDP) to RM116 billion in 2023 from RM112.3 billion in 2022, said the statistics department. Chief statistician Uzir Mahidin said Penang had demonstrated strong economic performance in 2023, maintaining its position as the 4th highest contributor to the nation’s ... Read More
SITE PROGRESS: Mertajam Heights (Aug 2024)
About Mertajam Heights A residential development in the heart of Bukit Mertajam. Strategically located along Jalan Ciku, immediately opposite Ng Yam Huat food court with an abundance of essential amenities within 2km radius. The development features a 21-storey apartment building that offers a total of 278 residential units and 4 ... Read More
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