Property News

SITE PROGRESS: GEM Residences (June 2021)
About GEM Residences GEM Residences, a commercial development by Belleview Group at Prai, Penang. It is part of the company's 6 hectares mixed development along Jalan Baru, diagonally opposite Megamall Penang. Next to it will be the upcoming largest mall in the northern region - GEM Mall, the tenant mix include ... Read More

Own a low-density condominium near Penang’s Second Bridge at only RM68/day
It is now your opportunity to own a perfect affordable residence at Southbay City in Penang Island. Strategically located within 5 minutes drive from Penang's Second Bridge, M Vista offers 1,000 sq.ft. of space for the comfort of your family at only RM68 per day! For those who love a low-density living lifestyle, ... Read More

Normal for investments to drop after 2-year spike
The recent sharp drop in investments flowing into Penang compared to the years before has been expected as part of a “consolidation” trend, a state investment promotion agency said. InvestPenang said after two years of high investments pouring in, including 2019’s historic RM16.9 billion and 2020’s RM14.1 billion, this year’s ... Read More

Main stumbling block for Malaysians hoping to buy house
The failure to secure loans and difficulty in managing monthly cash flow have proven to be the main stumbling block in many Malaysians’ ability to own property. Factors such as quality, size and location of the property also determine the take-up rate, according to experts. Citing a Bank Negara Malaysia ... Read More

Penang to get a new international-grade racing circuit soon
Those with a love for automotive velocity may soon get their dose of it because Penang has earmarked a spot for a motorsport racing circuit in Batu Kawan next to the State Stadium complex. Penang youth and sports committee chairman Soon Lip Chee said a 2.8ha plot had been identified to ... Read More

Penang Home Ownership Campaign extended until June 2022
The Penang government yesterday announced that the Penang Home Ownership Campaign (HOC) will be extended for another year until June 2022. State Housing, Local Government and Town and Country Planning Committee chairman, Jagdeep Singh Deo said the HOC had ended on June 9 this year. "During the HOC, the ceiling price ... Read More

State govt to build its own affordable housing project in Bayan Baru
The Penang state housing board will be building its first affordable housing project in Bayan Baru which is scheduled for completion in 2025. Housing, local government and town and country planning committee chairman Jagdeep Singh Deo said a total 1,267 affordable units will be built at the site in Bukit ... Read More

Why PSR is important to Penang
Without the controversial Penang South Reclamation (PSR) project, the fishing community in the southern tip of the island will remain as they are. Contrary to a recent statement, Chief Minister Chow Kon Yeow said the project would in fact improve the socio-economic situation of the fishermen. Chow reiterated that through ... Read More

Affected M40, T20 groups eligible to apply for financing repayment aid
Individual customers and businesses whose income has been affected, including from the middle 40% (M40) and top 20% (T20) income groups, are eligible to apply for financing repayment assistance, said the Association of Islamic Banking and Financial Institutions Malaysia (AIBIM). AIBIM president Datuk Adissadikin Ali said the qualification is in ... Read More

SITE PROGRESS: Orange BM (June 2021)
About Orange BM A commercial development by by Tah Wah Group at Bukit Mertajam. It is strategically located along Jalan Song Ban Kheng, adjacent to Taman Bukit Kecil. This development features a 28-storey commercial tower with 216 units of business suites. The project is now completed with CCC obtained! (Photos ... Read More
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RECENT COMMENTS
- @Hemsley, TQ. Good progress and maybe is too early to send out the site progress...SC on The Pier
- @LOL This project is opposite putra place condo.. it's still a distance to QBM ...thomas on One Mutiara
- @Islander Lol. Aspen group. Lol. ...Hemsley on The Cube
- just paid booking fee today ...Jordan on The Cube
- @Koja The cube is not near to seaside, which units have seaview? from the floor...Moon on The Cube
- @Debbie what special is the unit#8? ...Moon on The Cube
- I bet to see Aspen Agent hardselling their Zen in 2030. ...Islander on The Cube
- @SC It's at 10th floors now. The progress is even better than The Cube or...Hemsley on The Pier
- Is there any site progress review over here or somewhere ? or the development haven't...SC on The Pier
- @Hemsley 300k launch price appreciated to 400K for state unit, 1 carpark, progressive interest, lawyer...Joker on The Cube
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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