Property News
Hunza Group gets the nod as Hong Kong Leaders’ Choice for seven years running
Hunza Group has added another milestone to its record amidst a year of celebration for its 45th anniversary. In a star-studded Metro Finance Hong Kong Leaders’ Choice Award Ceremony held on 9 February 2023 in JW Marriott Hotel Hong Kong, the eminent developer from Penang clinched the Excellent Brand of ... Read More
Setia Fontaines is expanding
SP Setia Bhd will begin new projects within Setia Fontaines, an integrated development north of Seberang Perai, Penang, which is benefiting from growth from a nearby 850-acre industrial park. Setia Fontaines is a 1,691-acre township with a gross development value (GDV) of RM12 billion. It will include commercial development including ... Read More
Muhibbah secures construction award from PDC for a development in Bayan Lepas
Muhibbah Engineering (M) Bhd has bagged a RM172.6 million construction contract from Penang Development Corp for a development in the Technoplex industrial area located in Bayan Lepas, Penang. The proposed development involved a nine-storey office building and factory, a six-storey parking building with a TNB sub-station and mechanical requirements, and ... Read More
SITE PROGRESS: Eco Industrial Hub (Feb 2023)
About Eco Industrial Hub A freehold light industrial development by Nexon Property Sdn. Bhd. near Batu Kawan. Strategically located right next to NuConcept New Furniture factory, conveniently connected to Batu Kawan Industrial Park via Jalan Perindustrian Valdor. With only 3 minute’s drive to BKIP, this is one of the very few light industrial ... Read More
Juru-Sungai Dua elevated highway project to resolve traffic woes on mainland
Efforts will be taken to resolve the traffic woes in Seberang Perai, especially in the Batu Kawan parliamentary constituency. Chief Minister Chow Kon Yeow said this when he attended the Perai Chinese New Year Open House near Chai Leng Park Market Saturday evening. “The problem that I often hear is the traffic congestion ... Read More
Penang expects decision on PSI project’s EIA report after technical meeting next month
The Department of Environment (DoE) is expected to give its decision on the new Environmental Impact Assessment (EIA) report for the Penang South Islands (PSI) project after the technical meeting next month. Chief Minister Chow Kon Yeow said the DoE was expected to make its decision after the meeting. “The meeting ... Read More
SITE PROGRESS: Wellspring Residences (Feb 2023)
About Wellspring Residences A high-rise residential development by Airmas Group in Butterworth. Located near Jalan Telaga Air, next to Telaga Emas Apartment by the same company. It is about 500 meters away from the ever-bustling Jalan Raja Uda, and only a 5 minutes drive to Penang Sentral. This development comprises a 21-storey condominium, featuring 144 ... Read More
Priority One of Gurney Wharf project expected to be completed in May this year
The construction on Priority One (Phase One) of the Gurney Wharf project has reached the 50 per cent completion mark. State Local Government, Housing, Town and Country Planning Committee chairman Jagdeep Singh Deo said the Priority One would be completed in May instead of March this year after some delay due ... Read More
RM23 million approved for redevelopment of Bukit Mertajam market
The Local Government Development Ministry has announced a RM23 million allocation for the redevelopment of the Bukit Mertajam market, which was gutted in a fire nearly a decade ago. Minister Nga Kor Ming said works will begin this year and slated for completion by 2026. He said the redevelopment would ... Read More
SITE PROGRESS: Terraces Condominium (Feb 2023)
About Terraces Condominium A highrise residential development by IJM Land at Bukit Jambul, Penang. Strategically located on 9.32 acres of land next to INTI International College. It comprises a 34-storey condominium tower, featuring 410 residential units with two different design types to choose from. (Photo taken in Jan 2023) Find out more ... Read More
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- Penang Arts District
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