Property News
Juru-Sungai Dua elevated highway project to resolve traffic woes on mainland
Efforts will be taken to resolve the traffic woes in Seberang Perai, especially in the Batu Kawan parliamentary constituency. Chief Minister Chow Kon Yeow said this when he attended the Perai Chinese New Year Open House near Chai Leng Park Market Saturday evening. “The problem that I often hear is the traffic congestion ... Read More
Penang expects decision on PSI project’s EIA report after technical meeting next month
The Department of Environment (DoE) is expected to give its decision on the new Environmental Impact Assessment (EIA) report for the Penang South Islands (PSI) project after the technical meeting next month. Chief Minister Chow Kon Yeow said the DoE was expected to make its decision after the meeting. “The meeting ... Read More
SITE PROGRESS: Wellspring Residences (Feb 2023)
About Wellspring Residences A high-rise residential development by Airmas Group in Butterworth. Located near Jalan Telaga Air, next to Telaga Emas Apartment by the same company. It is about 500 meters away from the ever-bustling Jalan Raja Uda, and only a 5 minutes drive to Penang Sentral. This development comprises a 21-storey condominium, featuring 144 ... Read More
Priority One of Gurney Wharf project expected to be completed in May this year
The construction on Priority One (Phase One) of the Gurney Wharf project has reached the 50 per cent completion mark. State Local Government, Housing, Town and Country Planning Committee chairman Jagdeep Singh Deo said the Priority One would be completed in May instead of March this year after some delay due ... Read More
RM23 million approved for redevelopment of Bukit Mertajam market
The Local Government Development Ministry has announced a RM23 million allocation for the redevelopment of the Bukit Mertajam market, which was gutted in a fire nearly a decade ago. Minister Nga Kor Ming said works will begin this year and slated for completion by 2026. He said the redevelopment would ... Read More
SITE PROGRESS: Terraces Condominium (Feb 2023)
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. (Photo taken in Jan 2023) Find out more ... Read More
Penang govt aims to deliver more affordable homes by 2030
State Housing, Local Government, Town and Country Planning Committee chairman Jagdeep Singh Deo has instructed the Penang Housing Board to level up their efforts to deliver 250,000 units of affordable homes by 2030. This new target has now surpassed the initial aim of delivering 220,000 units throughout the state. “I ... Read More
Local Government Ministry hopes to learn from Singapore’s HDB success
The success of Singapore's Housing & Development Board (HDB) to provide public housing for 80 per cent of its citizens has motivated the Local Government Development Ministry to consult its experts as well as other foreign experts in its effort to build more affordable homes in Malaysia. The ministry, in ... Read More
Penang hopes infrastructure projects will be approved under Budget 2023
Penang hopes that the federal government will approve the infrastructure projects which will make a positive impact on the state and the northern region in the re-tabling of the 2023 Budget on Feb 24. Chief Minister Chow Kon Yeow said these included the Light Rail Transit (LRT) project for the ... Read More
SITE PROGRESS: Sanctuary Terrace (Jan 2023)
About Sactuary Terrace A residential development by IJM Land at Alma in Bukit Mertajam. Located on 8.9 acres of land along Jalan Santuari 2, about a 20-minute drive to both Penang bridges. Nearby amenities include AEON Mall, Tesco Hypermarket, eateries, schools and banks. This development will offer 95 units of 2-storey terrace houses. (Photos taken in Dec ... Read More
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