Property News

Developers expect housing prices to rise on the back of anticipation of increased construction costs
Real Estate and Housing Developers’ Association (Rehda) deputy president Datuk N K Tong said the latest survey conducted by the association showed that some developers expect housing prices to rise on the back of anticipation of increased construction costs. Respondents in the survey expect construction costs to surge an average ... Read More

Penang state government approves RM2.4 million for repair works at Padang Tembak Flats
From 2008 to March 1, 2022, Penang State Government has spent a total of RM293.93 million for 29,944 maintenance works on all public and private housing schemes in the state. According to State Housing, Local Government, Town and Country Planning Committee chairman Jagdeep Singh Deo, a total of RM214.26 million involves maintenance work ... Read More

Butterworth Arena expected to obtain CCC by September
Penang CM Chow Kon Yeow hopes that the Butterworth Arena, which is expected to receive a Certificate of Completion and Compliance (CCC) in August or September, will attract the interest of national and international event organizers. He said this after visiting the Penang Development Corporation (PDC) project site worth RM59 ... Read More

SITE PROGRESS: Anggun Residences (Mar 2022)
Anggun Residences located beside Design Village Outlet Mall conceived upon a condotel concept is differentiated from other residential properties with an impressive range of recreational properties and attentive layout features. Bandar Cassia and Batu Kawan Industrial Park (BKIP) are progressing rapidly with many new residential, commercial and industrial buildings and ... Read More

Penang undersea tunnel gets go-ahead, pending written reviews from PPC and PPSB
After a delay of nearly eight years, the feasibility study on the Penang undersea tunnel has given the controversial project a go-ahead, but it requires written reviews from the Penang Port Commission (PPC) and Penang Port Sdn Bhd (PPSB). Chief Minister Chow Kon Yeow said the project’s feasibility report was ... Read More

Penang recorded the highest investments approved in 2021
Malaysia attracted a record amount of approved investments worth RM306.5 billion in the manufacturing, services and primary sectors in 2021, driven by higher foreign direct investment (FDI) and increased projects in the manufacturing and the electrical and electronics (E&E) sectors, according to the Malaysian Investment Development Authority (MIDA) at its ... Read More

PIA multi-storey carpark is expected to open soon
Penang International Airport’s (PIA) multistorey carpark is expected to open to the public sometime this month. State infrastructure and transport committee chairman Zairil Khir Johari said he was informed by Malaysia Airports Holdings Bhd (MAHB) that the carpark construction was already 99% completed. The carpark, which has 2,200 bays, was ... Read More

ams Osram expanding in Batu Kawan
A global leader in optical solutions, ams Osram (formerly known as Osram), is expanding its presence in Penang. The company has selected a 60-acre site at the Penang International Technology Park (PITP), Batu Kawan, for its expansion. ams Osram vice-president Glen Brownlie said the company was delighted to announce its partnership ... Read More

SITE PROGRESS: Taman Riang (Mar 2022)
About Taman Riang A small landed residential development by Airmas Group at Butterworth. Located on a 1.5-acre land near the ever-bustling Jalan Raja Uda, it is less than 4km away from Penang Sentral and Butterworth ferry terminal. It features 18 units of 2-storey terrace houses with a built-up size of at least ... Read More

SWNK Houze @ BBCC – KL City’s most convenient and connected serviced residences
PRESENTING SWNK HOUZE, KL city’s most convenient and connected serviced residences. Located within BBCC, it is the only 3 rail-linked integrated development and only a minute’s walk to the first Mitsui LaLaport Mall in Southeast Asia and also KL’s longest gourmet street. Register now to enjoy the early bird package. Call ... Read More
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RECENT COMMENTS
- @Islander It's true lah bro. Let's compare high-end at Tanjung Tokong, E&O's latest landed homes...rojak on 80% of Gen Z Malaysians opt for high-rise living
- @ck Where eye sore? Quaywest & Cod are well design & really amazing to see...millionaire on Mezzo @ The Light City
- 出洋蛟龙又向北伸可带动此玄武岛!Hopefully will bring ample prosperity. ...Chita on Penang’s North Coastal Paired Road to begin construction in 2026
- @millionaire Terrace is double storey. So, need to compare with duplex. Quaywest duplex is fetch...millionaire on 80% of Gen Z Malaysians opt for high-rise living
- @millionaire Exactly. My Quaywest condo fetch rm700 to rm800psf. How's your landed expect? Go check...millionaire on 80% of Gen Z Malaysians opt for high-rise living
- Building this paired road would only result in developers building more houses in Batu Feringghi,...rojak on Penang’s North Coastal Paired Road to begin construction in 2026
- @Islander Exactly. My landed house near Queensbay area is expected to fetch 1.5 million. What's...millionaire on 80% of Gen Z Malaysians opt for high-rise living
- @Update Luquidator probably or sell off as this might be one of their assets on...MajorArches on Ivory Properties gets green lights to buy land opposite Queensbay Mall
- Eventually, after decades ! ...Chita on Penang’s North Coastal Paired Road to begin construction in 2026
- @Peter yes.. need to request to turn off.. see liao eyes pain ...ck on Mezzo @ The Light City
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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