Property News
Penang residents anticipate commencement of island LRT project
Penang residents, especially those living on the island, are waiting with bated breath for the commencement of the Light Rail Transit (LRT) project at the end of the year. A check by Bernama found that the public was excited about the project and confident that the LRT will ease the ... Read More
SITE PROGRESS: Sena Mas (July 2023)
About Sena Mas The very first gated affordable landed housing in Penang by PTL Properties Sdn. Bhd, featuring 338 units of 2-storey townhouses. It is located within Tasek Gelugor township, easily accessible via Jalan Tasek Gelugor. This development is just stone’s throw away from Setia Fontaines mega township development by SP ... Read More
Rehda speaks out against higher conveyancing legal fees
The recent hike in conveyancing legal fees will lead to an overall rise in the cost of purchasing a house, according to the Real Estate and Housing Developers' Association Malaysia (Rehda). Rehda president Datuk NK Tong said the higher fees will result in buyers having to bear the increased cost ... Read More
Granito @ Permai is now 80 percent complete
The construction of the Granito @ Permai affordable housing project, which comprises 980 residential units, located near Lorong Lembah Permai 3, Tanjung Bunga, has now reached 80 percent completion. Jagdeep Singh Deo, the Caretaker State Housing, Local Government, Town, and Country Planning Committee chairman, made this announcement during his visit ... Read More
Transport Minister: Govt could approve Penang Island-Mainland LRT
The unity government could greenlight an LRT project that would connect Penang island with mainland Seberang Perai, says transport minister Loke Siew Fook. Loke, who is also the DAP secretary-general, said Putrajaya had previously approved an LRT project on the island connecting Bayan Lepas to Komtar in George Town. “But ... Read More
Ceria D’ Eco Horizon Show Unit Open for Viewing!
We are thrilled to announce that the highly anticipated Ceria D’ Eco Horizon Show Unit is now open for viewing. This marks a significant milestone for the Eco Horizon township as it unveils its First High-Rise Project, offering an exceptional living experience for individuals and families alike. The Ceria D’ ... Read More
Taiwan’s EMC to set up a new factory in Penang
According to Taiwan's media reports, Taiwan's copper clad laminate (CCL) leader - Elite Material Co., Ltd. (EMC) announced that it will spend about RM186 million ringgits for a new factory in Penang. EMC plans to expand its monthly CCL production capacity to 900,000 units in two phases. The production capacity is close ... Read More
1,245 Affordable homes to be built next to Tun Dr. LCE Expressway
The affordable housing projects, Mutiara Ria and Mutiara Rini, which were under construction but later demolished due to non-compliant building materials, are now set to be reconstructed with a new plan in place. JKP Jelutong Development Sdn. Bhd., a joint venture between JKP Sdn. Bhd. and GSD Land Sdn. Bhd., ... Read More
The Zen 90% completed and expected to receive CCC early next year
Asia Green Group’s affordable homes project, called The Zen, is progressing well and is expected to be ready by early next year, caretaker state Housing, Local Government, Town and Country Planning Committee chairman Jagdeep Singh Deo said. Jagdeep and several staff members from the Penang Housing Board, as well as ... Read More
Groundbreaking for affordable housing project in Simpang Ampat
GUH Development Sdn. Bhd. will build a block of 20-storey flats consisting of 208 units of Affordable Housing (RMM) Type A or Low Cost (LC for RM42,000 each on a 2.3-acre open land next to Jamek Al-Ihsaniah Mosque in Simpang Ampat. During the groundbreaking ceremony yesterday, caretaker Chief Minister, Y.A.B ... Read More
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