Property News
PE Land partners Affin Bank to offer flexible home financing solution for Anggun Residences
PE Land has formed a strategic partnership with Affin Bank to offer homebuyers of Anggun Residences a more flexible home financing solution through Affin Bank’s Home Step Fast/i campaign. The campaign offers a lower monthly repayment for the first five years from vacant possession, making homeownership more viable especially for ... Read More
Grand opening of Ventus & Tradesman Sales Gallery (7 Jan)
You are cordially invited to the grand opening of Ventus & Tradesman Sales Gallery at Queens Waterfront 2 on 7 January 2023 (Saturday). TIME: 11am - 4pm VENUE: Queens Waterfront 2, Level 1, Q2 RSVP by 3 January 2023 019-4292441 / 011-11920075 / 012-4141661 ... Read More
SJKC Heng Ee advances toward a smart school
The upcoming new school building of SJKC Heng Ee strives to be one of the top quality smart school in South West District of Penang, incorporating the smart multimedia learning system that features cutting edge digital technology. The Heng Ee Board of Directors is determined to level up the infrastructures ... Read More
Penang population shrunk 0.1%
Experts are warning of looming challenges ahead as the population of Penang, long the northern manufacturing and cultural hub, shrank for the second consecutive year. Among the challenges are the state’s workforce supply for its factories as well as housing and retail demand. In 2020, the state’s population stood at ... Read More
RFP for the urban regeneration project of Taman Free School Flat has been opened
Penang State Government has opened a Request for Proposal (RFP) for the urban regeneration project of Taman Free School Flat which is almost 40 years old. State Housing, Local Government, Town and Country Planning Committee chairman Jagdeep Singh Deo said that the housing scheme which was built in 1985 and comprising 1,170 units in ... Read More
SITE PROGRESS: Havana Beach Residences (Dec 2022)
About Havana Beach Residences Affordable housing development by Ideal Property Group at Bayan Lepas. Strategically located near Jalan Tun Dr. Awang, less than 2km away from Penang International Airport. It is about 5 minutes walking distance to SMJK Heng Ee (Bayan Baru branch). Find out more about Havana Beach Residences Register your ... Read More
Better solutions needed to tackle Batu Ferringhi’s soil erosion problem
By burying 700 sandbags along a 250m stretch on Batu Ferringhi, contractors had reshaped the mildly sloping beach that the tourist spot was once famous for. But that beach stretch lasted less than three months before the sea claimed it once more, the waves eating away at the sand. “You ... Read More
Penang appeals to reinstate Penang South Island project
The Penang government has filed an appeal against a High Court ruling which denied it leave to pursue a judicial review aimed at reinstating its Penang South Reclamation (PSR) project. In its notice of appeal, state legal advisor Norazmi Mohd Nawawi said they were not satisfied with Justice Wan Ahmad ... Read More
Steep rise in concrete and cement prices since last month
Builders’ associations have urged the domestic trade and cost of living ministry to investigate the steep rise in concrete and cement prices since last month. The Builders Associations from Johor, Melaka, Penang and the Perak Contractors Association said they hoped the matter would get the attention of the ministry and ... Read More
Cautiously optimistic outlook for Penang property market
There is cautious optimism over the outlook for the Penang property market, in spite of the inevitable headwinds and challenges that lie ahead. Knight Frank Penang executive director Mark Saw says the overall outlook for the Penang market remains relatively positive despite the anticipated global recession, coupled with higher interest ... Read More
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