Property News
SJKC Kuang Yu broke ground on new campus at Batu Kawan
The groundbreaking ceremony of primary school SRJK (C) Kuang Yu in Batu Kawan has made it into the Malaysia Book of Records after 500 people took part in the ceremony yesterday morning. The primary school, which has 88 years of history, is being relocated to Batu Kawan from Kuala Muda, Penaga. Bukit ... Read More
Micron Technology to invest RM4.4bil on 2nd factory in Penang
Strong market demand will continue to underpin Micron Technology Inc’s operations in Malaysia along with its increased factory space in Penang of 1.5 million square feet. Chief executive officer Sanjay Mehrotra said the United States-based computer memory and computer data storage producer has invested US$1 billion in its operations here ... Read More
PIA new multistorey carpark is expected to open March 2023
Parking woes at the Penang International Airport (PIA) will be a thing of the past as its multistorey carpark is expected to open next March. The 2,200-bay covered carpark will be able to cater to the needs of travellers who can now leave their vehicles at the airport when heading out ... Read More
Consumers, experts choose the Gold Standard of real estate at the 9th PropertyGuru Asia Awards Malaysia in partnership with iProperty
PropertyGuru Group, Southeast Asia’s leading PropTech company, yesterday unveiled the winners of the 9th PropertyGuru Asia Awards Malaysia in partnership with iProperty.com.my, supported by Kohler and Desjoyaux Pools. The gala celebration, held at The Majestic Hotel Kuala Lumpur, the official venue of the Awards, presented the nation’s finest developers and projects across ... Read More
SITE PROGRESS: Lucerne Residences (Nov 2022)
About Lucerne Residences The final phase of residential development by Ideal Property Group at Ideal Vision Park in Bayan Lepas. It is just a short drive to Penang International Airport, 10 minutes walking distance to Straits International School. The project will see two blocks of 36-storey skyscrapers featuring a European living concept. It offers 480 ... Read More
What is Rumah Mesra Rakyat (RMR) program?
Rumah Mesra Rakyat (RMR) is a program established by SPNB to help those with household income below RM 3,000, who do not have a house or live in dilapidated houses but have land to build their own home. In Budget 2023, Finance Minister said the RMR program will involve the ... Read More
SITE PROGRESS: Ferringhi Hills (Nov 2022)
About Ferringhi Hills A landed residential development within the established township of Batu Ferringhi. It is located along Persiaran Sungai Emas 1, only 10 minutes walk to Ferringhi Beach. It will feature a mix of 3-storey terrace (with lower-ground level) and semi-detached, bungalow houses, to be constructed in two phases. Find ... Read More
Penang govt to ensure balanced development on the island and mainland
Chief Minister Chow Kon Yeow yesterday told the State Legislative Assembly that the Penang government is ramping up its efforts to ensure a balanced development on the island and mainland through multiple authorised platforms. Chow (PH – Padang Kota), who has always believed in the potential of a blooming industry in ... Read More
CM hopes new Federal Government could help to realise several components under PTMP
Chief Minister Chow Kon Yeow has expressed hopes that the new Federal Government could help Penang to establish the George Town – Butterworth Rail Line to reduce the number of vehicles on the Penang Bridge every day. Chow, who is also in charge of the Land Development & Economic and ... Read More
The Meg achieved take-up rate of more than 80%
Eastern & Oriental Bhd (E&O) intends to launch more projects in Penang in the near future, spurred by strong response to the group’s “The Meg” development. The property developer said the high take-up rate achieved of more than 80% for The Meg since it started previewing in January 2022 reflected ... Read More
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