Property News

SITE PROGRESS: Marriott Residences (Nov 2021)
About Marriott Residences A mixed development by BSG Property in Georgetown in Penang. It is located between the famous tourist belt of Gurney Drive and Kelawai Road, next to Evergreen Laurel Hotel. The project comprises a 55-storey skyscraper, featuring a mixed of hotel rooms and condominium units Find out more about Marriott Residences Register your interest ... Read More

Plans afoot to make George Town a more sustainable and resilient heritage city
The Penang Tourism and Creative Economy (PETACE) has planned to develop George Town World Heritage Site as a resilient heritage city and lift the state’s economy to greater heights in line with the Penang2030 vision. During the launching of the reports of George Town World Heritage Site Population & Land Use ... Read More

The upgraded Permatang Rawa Mini Stadium is now open
The Penang Stadium and Open Spaces Corporation (PSDKLPP) is now a custodian for the newly upgraded Permatang Rawa mini stadium in Bukit Mertajam. The Penang government, in a novation agreement signed today, transferred the rights and liability of the mini stadium to PSDKLPP. The objectives of the PSDKLPP are to develop, ... Read More

Housing Ministry sets up committee to monitor affordable housing implementation
The Ministry of Housing and Local Government (KPKT) has established a committee to coordinate the implementation of 500,000 units of affordable housing for the duration of the 12th Malaysia Plan (12MP). Its minister, Datuk Seri Reezal Merican Naina Merican said the committee would monitor the implementation and provision of housing ... Read More

SITE PROGRESS: Muze @ PICC (Nov 2021)
About Muze @ PICC The first phase of residential offerings at Penang International Commercial City (PICC) integrated development by Hunza Group. This 43-acre development is strategically located within the vicinity of Bayan Baru township. It comprises two 58-storey towers featuring 846 residential units with 10 levels of car parking podium. Find out more about ... Read More

Ascott opens Sky Residence Prai in Penang
Sky Residence Prai, The Ascott Limited's (Ascott) first serviced apartment in Penang, has opened. Ascott is a wholly-owned subsidiary of CapitaLand Investment. Sky Residence Prai is its ninth operational property in Malaysia. With over 6,700 units in 26 properties across 11 cities, the addition of the serviced apartment will strengthen ... Read More

Amendments to Housing Development Act to be tabled in Q3 2022
The proposed amendments to the Housing Development (Control and Licensing) Act 1966 (Act 118) is expected to be tabled in Parliament in the third quarter of 2022, in an effort to address issues concerning abandoned housing projects and prevent such problems in the future. Housing and Local Government Minister Datuk ... Read More

MIEA: Real estate agents respect & appreciate all Grab drivers and Grab food riders
The Malaysian Institute of Estate Agents (MIEA) has issued a statement condemning disparaging words uttered by a real estate negotiator and another individual from Penang against Grab drivers and Grab food riders. In a video posted on social media two days ago, both individuals were seen to be conducting a ... Read More

Pulau Gazumbo to be made marine sanctuary
Pulau Gazumbo, the man-made island next to the first Penang bridge, will be made a marine sanctuary by the state government. Chief Minister Chow Kon Yeow said the state government will be working to gazette the island as a sanctuary, to be called the “Middle Bank Marine Sanctuary”. He said ... Read More

SITE PROGRESS: Taman Riang (Nov 2021)
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
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- @Tui So u mean andaman island landed property will be cheaper than the condo launched?...Minion on 80% of Gen Z Malaysians opt for high-rise living
- I wonder which government authority is responsible for this condo approval. Why the review taking...666 on Mezzo @ The Light City
- Very disappointed with IJM. I did not expect them to delay our VP, and until...666 on Mezzo @ The Light City
- @Hon Very true. I have Semi D in Greenland current market price around 2M but...Network on 80% of Gen Z Malaysians opt for high-rise living
- @Minion I am from Sabah living at landed for my childhood but Im enjoying living...LOL on 80% of Gen Z Malaysians opt for high-rise living
- @Minion It makes a little bit of sense technically. Somehow In reality, more & more...Hon on 80% of Gen Z Malaysians opt for high-rise living
- Any Idea about this project? It's selling at around RM595/PSF ...Boy on Pinnacle Homes brings its signature skyline to Penang
- @Minion You keep silent because it's fact that new condo is more expensive than landed....Tui on 80% of Gen Z Malaysians opt for high-rise living
- Nowadays those whom purchase landed houses are only those whom can afford it in island...Minion on 80% of Gen Z Malaysians opt for high-rise living
- @Joey Hi Joey please add me in whatapps group. email yxboy88@gmail.com ...yx on Grace Residence
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- Affordable Housing (Penang Island)
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- Penang Arts District
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