Property News
People go for more recreational facilities when buying homes now
Buyers are going for more recreational facilities to be included in their housing projects. “Environment and lifestyle now play a big part in their decision-making process. “Gone are the days when home owners only want a roof over their heads,” said Malaysian Institute of Estate Agents president Chan Ai Cheng ... Read More
SITE PROGRESS: Terraces Condominium (Apr 2022)
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. Find out more about Terraces Condominium Register ... Read More
Two opposing views on proposed new residential tenancy law
A proposed new law on tenancy of rented houses, which is to deal with racism in the housing market, has drawn two opposing views on when it should be taken to Parliament. A representative of house buyers, Chang Kim Loong, says the government should focus on the economy instead as ... Read More
Site offices for PSI project to use renewable energy
In line with the commitment to build an ESG- (environment, social and governance) compliant Penang South Islands’ (PSI), the project’s site offices will strive to use renewable resources to meet their operational needs. SRS Consortium deputy project director Azmi Mohamad said the Marine Operation Control Centre (MOCC) in Batu Maung ... Read More
SITE PROGRESS: Mezzo @ The Light City (Apr 2022)
About Mezzo @ The Light City The first residential project at The Light City – a large-scale 32.76 acre integrated mixed-use waterfront development by IJM Perennial Development in Gelugor, Penang. Strategically located next to The Light Collection, just a mere minutes drive from Penang Bridge and George Town. It comprises two 34-storey ... Read More
Butterworth Arena
The construction of the largest banquet hall in Seberang Perai or known as Butterworth Arena is expected to be completed in September this year! Located in Ampang Jajar, Butterworth Arena is a five-star banquet hall! It is an initiative of the Penang state government through the Penang Development Corporation (PDC) with ... Read More
i-Biaya to help increase home ownership among M40 and B40
The government will assist low-income families to have their own homes through the Malaysia Housing Financing Initiative (i-Biaya) which was launched two days ago. Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz (picture) said the government is aware that individuals with no fixed income or payslip would face difficulties ... Read More
Penang had the third highest number of residential property overhang in 2021
According to the Property Market Report 2021 by the National Property Information Centre (Napic), residential property overhang increased to an all-time high last year of 36,863 units worth RM22.79 billion, marking a 24.7% increase in volume and 20.5% rise in value compared with 2020. Napic defines “overhang” as residential units ... Read More
China’s Cainiao eyes Penang for proposed distribution park
China-based Cainiao Smart Logistics Network Ltd plans to set up a distribution park in Batu Maung, Penang to capitalise on the strategic location and global surge in e-commerce. The logistics company, an affiliate of Alibaba Group Holding Ltd, today inked a memorandum of understanding (MoU) with the Penang Development Corporation ... Read More
Road project at Jalan Bukit Minyak Utama to finish in November next year
The road widening works in Jalan Bukit Minyak Utama from Kota Permai junction to the Jalan Rozhan junction in Bukit Mertajam are expected to be completed by Nov 30, 2023. Machang Bubuk assemblyman Lee Khai Loon said the road widening works started on Jan 28 this year. “We are confident ... Read More
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- @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)
- wasn't this supposed to be a hotel, le meridean ...Goppal Balan on SITE PROGRESS: Avion Residence (Jan 2026)
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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
