Property News

The Queens Waterfront construction site cluster recorded a total of 145 Covid-19 cases as of yesterday
The Penang government has instructed both the Penang Island City Council (MBPP) and Seberang Prai City Council (MBSP) to take stern action against construction sites which recorded high number of positive Covid-19 cases, including possible closure. This follows the spike in Covid-19 cases in construction sites, with Penang recording a ... Read More

BNM keeps OPR at 1.75%
Bank Negara Malaysia (BNM) maintained the Overnight Policy Rate (OPR) at 1.75% today as it expects Malaysia's economic growth to improve although it is still subject to downside risks. The central bank said in a statement that the global economic recovery, while uneven, is gaining momentum, supported by steady improvements ... Read More

SITE PROGRESS: GEM Residences (March 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

Penang under CMCO from March 5, inter-district travel allowed
The movement control order placed on Penang, Selangor, Kuala Lumpur and Johor will be switched to conditional MCO, announces Senior Minister Datuk Seri Ismail Sabri Yaakob. He said this will take effect for 14 days beginning March 5. He said Kedah, Kelantan, Negri Sembilan, Sarawak and Perak remains under conditional MCO ... Read More

Fishermen set to receive RM500 advance payment from PSR’s ex-gratia package soon
Good news for all the 1,615 fishermen in the state as the Penang government today announced that advance payment of RM500, which is part of the ex-gratia package dedicated to them, would be rolled out this month. Deputy Chief Minister I Datuk Ahmad Zakiyuddin Abdul Rahman had recently announced in a ... Read More

Condo management have no authority to compound residents who violate SOP
The management of condominiums or residential areas do not have the authority to impose fines or compounds on residents who violate standard operating procedures (SOP). This followed a viral post on social media about a one-year-old child who was fined RM100 by the management of a condominium in Ampang for ... Read More

Dams, park under PBAPP to reopen tomorrow
The Mengkuang Dam in Bukit Mertajam, Teluk Bahang Dam, Air Itam Dam and Bukit Dumbar Recreation Park in Jelutong will officially reopen to visitors for recreational activities starting from tomorrow (Feb 26). State Youth and Sports Committee chairman Soon Lip Chee said all the three dams and one park under ... Read More

KPKT in process of gazetting exemption for strata management AGMs in 2020
The Ministry of Housing and Local Government (KPKT) is in the process of gazetting an exemption for strata managements with regard to their 2020 annual general meetings (AGM) which could not be held due to the implementation of the Movement Control Order (MCO) to curb the spread of the Covid-19 pandemic. KPKT’s Municipal Services ... Read More

PSR project to proceed as planned
The Penang government has not received any injunction or stop work order to prevent it from continuing to procure information of fishermen who will be affected by the Penang South Reclamation (PSR) project. Deputy Chief Minister I Datuk Ahmad Zakiyuddin Abdul Rahman said this was because the appeal process for ... Read More

Penang Bridge lanes might be closed for three months for power cable repair works
Some lanes on the first Penang Bridge could be closed for up to three months to allow repairs to electrical cables that caught fire yesterday, said Zairil Khir Johari. The state infrastructure and transport committee chairman said Tenaga Nasional Berhad (TNB) will meet with PLUS Expressways to discuss the extent ... Read More
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- @Hemsley 300k launch price appreciated to 400K for state unit, 1 carpark, progressive interest, lawyer...Joker on The Cube
- @LL very misleading. Zen 300k (1carpark) appreciated to 400k. That's the truth. actually not appreciated....Joker on The Cube
- @Hemsley try haarder ...Joker on The Cube
- this project is gonna be better if there is a pedestrian bridge to qbay ...LOL on One Mutiara
- It looks like they've reached the 17th floor based on the site progress photo from...BTW on Mertajam Heights
- @Superman 600k transaction available for the zen & 750k for Zen6. Please check actual transaction...Hemsley on The Cube
- Just Ask : Why no more further discussion? What happens to this project? sold...Asas on Hijauan Jernih
- @LL Zen is now only at 42xk . Try hard asiagreen agent. ...Superman on The Cube
- 480k a bit expensive. Zen was launched at 300k and appreciated 3x since then ...LL on The Cube
- ong, what i know they no more sale state gov RM300k price. if you get...SIM LI on The Cube
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OTHER DEVELOPMENTS
- Affordable Housing (Penang Island)
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- GBS @ The Waterfront
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- Gurney Wharf
- IKEA Batu Kawan
- Island Medical CIty
- Kobay Jelutong
- Lin Xiang Xiong Art Gallery
- Linear Waterfront
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- One Auto Hub @ Batu Kawan
- Penang Arts District
- Penang Eastern Seafront Development
- Penang Medical & Digital Technology Hub
- Penang Premium Outlets (Design Village)
- Penang Sentral
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- Penang Waterfront Convention Centre
- Penang World City
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- Silicon Island
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- The Ship Campus (ALC College)
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