Property News
Local Government Ministry hopes to learn from Singapore’s HDB success
The success of Singapore's Housing & Development Board (HDB) to provide public housing for 80 per cent of its citizens has motivated the Local Government Development Ministry to consult its experts as well as other foreign experts in its effort to build more affordable homes in Malaysia. The ministry, in ... Read More
Penang hopes infrastructure projects will be approved under Budget 2023
Penang hopes that the federal government will approve the infrastructure projects which will make a positive impact on the state and the northern region in the re-tabling of the 2023 Budget on Feb 24. Chief Minister Chow Kon Yeow said these included the Light Rail Transit (LRT) project for the ... Read More
SITE PROGRESS: Sanctuary Terrace (Jan 2023)
About Sactuary Terrace A residential development by IJM Land at Alma in Bukit Mertajam. Located on 8.9 acres of land along Jalan Santuari 2, about a 20-minute drive to both Penang bridges. Nearby amenities include AEON Mall, Tesco Hypermarket, eateries, schools and banks. This development will offer 95 units of 2-storey terrace houses. (Photos taken in Dec ... Read More
Chinese New Year 2023 Events & Roadshows
Happy Chinese New Year 2023! Celebrate this coming festive season with your family by visiting these events for your dream home and enjoying the exclusive CNY offers ... Read More
Sungai Ara residents win final appeal to stop hillslope project
A group of residents in Sungai Ara have won their final appeal to challenge the Penang island city council’s (MBPP) decision to grant planning permission to a developer to build a housing scheme on a hillslope. Federal Court judge Nallini Pathmanathan said the local authority’s approval of Sunway City (Penang) ... Read More
Limited Offer: Get Muze@PICC Now & Save RM180,000
Great news, 2023 marks the 45th Anniversary of Hunza Properties Group! As a call for celebration, purchasers in this year for participating projects are entitled for a chance at Hunza Lucky Draw Campaign, where the total prizes are worth up to RM1,000,000! For a limited time, own Muze@PICC and enjoy ... Read More
Penang gives premium discounts for extension of leasehold lands, expired leases
The Penang government is granting premium discounts for the extension of leasehold lands and for leases which have already expired. Chief Minister Chow Kon Yeow said following his announcement on the matter during the State Legislative Assembly in November last year, the policy has been enforced beginning Jan 1 this year ... Read More
BNM maintains overnight policy rate at 2.75pc
Bank Negara Malaysia (BNM) has decided to maintain the overnight policy rate (OPR) at 2.75 per cent today, allowing it to assess the impact of the cumulative past OPR adjustments, given the lag effects of monetary policy on the economy. The central bank said at the current OPR level, the ... Read More
Bank Negara likely to hike OPR to 3% tomorrow
Standard Chartered (StanChart) expects Bank Negara Malaysia (BNM) to increase the overnight policy rate (OPR) by 25 basis points to 3.0% during its monetary policy meeting tomorrow, reversing the Covid-induced rate cuts. “Following a likely January hike, we expect a pause in March, before another 25bps hike in May, assuming the ... Read More
Penang will pursue the George Town–Butterworth LRT link
The Penang government is still waiting to meet Prime Minister Datuk Seri Anwar Ibrahim and Transport Minister Anthony Loke to discuss the proposed George Town–Butterworth Light Rail Transit (LRT) project. Chief Minister Chow Kon Yeow said the discussion would also touch on other critical transport projects in Penang, such as the ... Read More
Weekly Newsletter
Latest Projects
TODAY'S MOST READ
RECENT COMMENTS
- Beehive residency ...ForeverSeaView on Ideal Venice Residency
- @Goppal Balan Nice sea, grren with hill back drop, and you just conveniently forget to...musang on PDC calls RFP for Linear Waterfront development from Queensbay to Penang 2nd Bridge
- nice sea / waterway here, green with hill back drop, hope this reclamation wont disturb...Goppal Balan on PDC calls RFP for Linear Waterfront development from Queensbay to Penang 2nd Bridge
- @SAM ..same here but i cabut lvl 32 and carpark lvl 6.Somemore my unit facing...leeceo on Ideal Venice Residency
- @SAM Out of the 4 facings, the best units are those facing Middleton, the consolation...UncleLim on Ideal Venice Residency
- Bought this under Penang state unit, cabut lv 35 and carpark lv 5 lol i...SAM on Ideal Venice Residency
- @GangsterM Very common, MCO time start selling Face Mask as well. ...MajorArches on Iconic Marjorie Penang officially opens
- I believe this project has completed. The 1st batch key handover ceremony attended by both...BTW on Ideal Venice Residency
- An ugly hotel located out of no where, owned by someone whose main pile of...GangsterM on Iconic Marjorie Penang officially opens
- @Goppal Balan within the same building ...Cammy on SITE PROGRESS: Avion Residence (Jan 2026)
SHOW MORE COMMENTS
Latest Property News
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
