Property News
Penang International Airport expansion on the card
Malaysia Airports Holdings Berhad (MAHB) is now working with its consultant to define the scope of work for the expansion of the Penang International Airport (PIA). The scope of work will include elements and considerations for airports, such as 4.0 automation, optimisation of aircraft parking bays, car park facilities and integration ... Read More
Bandar Cassia on track to become a flourishing township in 15 years
The Bandar Cassia development plan, covering more than 6,000 acres, has not been affected by the epidemic. It is gradually progressing as planned and expects to bring a very strategic and modern city to Penang. The Chief Executive Officer of Penang Development Corporation (PDC), Datuk Mohd. Bazid Abd. Kahar pointed out this in ... Read More
6-month loan moratorium for individual borrowers and micro entrepreneurs
Prime Minister Muhyiddin Yassin announced a six-month loan moratorium to all individual borrowers, whether from the B40, M40 or T20, as well as micro-entrepreneurs. All Malaysians will now enjoy a six-month loan moratorium beginning next month, as part of the government’s latest round of stimulus packages in light of the Covid-19 ... Read More
Mah Sing to focus on new launches in central region this year
According to news reported by The Star, Mah Sing Group Bhd is targetting to launch more affordable properties in the Klang Valley and Johor with over RM3.6bil in gross development value (GDV) by the second half of this year. Given the focus is in the central region, there will be no new ... Read More
Mekarsari Anggun – Largest & Newest Garden Homes Series from only RM4XXK*
Developed by a multi-award winning developer – Hunza Properties Berhad. Mekarsari Anggun is the latest phase of Mekarsari. The "Palace-Style 11ft High Fencing*" complete with CCTV surveillance and security patrol will be the first of its kind in northern Malaysia. Are you facing the same problem? In an apartment or ... Read More
MCO 3.0 will not end tomorrow
The current movement control order (MCO 3.0) will not end as scheduled tomorrow (June 28). This was announced by Prime Minister Tan Sri Muhyiddin Yassin who said the current lockdown, part of Phase 1 of the National Recovery Plan will continue until the threshold value is less than 4,000 Covid-19 ... Read More
Phase 1A of Penang cruise terminal expansion completed
The first phase of the Swettenham Pier Cruise Terminal (SPCT) expansion project has been completed with the berthing area now bigger by about 30%. Penang Port Commission (PPC) chairman Datuk Tan Teik Cheng said besides the solid deck wharf extended 220m towards north of the terminal, the breasting and mooring ... Read More
Understanding real property gains tax
Whether you’re a property investor, an owner simply looking to sell your current home to purchase your dream home or a corporate group engaging in a corporate restructuring exercise, it is important to be aware of all costs associated with a real estate transaction including the real property gains tax (RPGT) ... Read More
Fibre optic cable is now a must for all new housing schemes and buildings
Penang has made the installation of fibre optic cable mandatory for all new housing schemes and buildings in a move to accelerate the development of its telecommunications infrastructure. State Transport and Infrastructure Committee chairman Zairil Khir Johari said Penang has enforced fibre optic installation as a basic utility on par ... Read More
EcoWorld posts strong sales and earnings in 2Q FY2021
EcoWorld announced its financial results for 2Q 2021 yesterday. EcoWorld hits 88% sales target for FY2021 in 7months. Declares 2sen interim dividend. Strong 2Q2021 results with steady sales momentum across all projects. Amidst a challenging backdrop, EcoWorld is encouraged by the strong results achieved with continued steady sales momentum contributed ... Read More
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- @hwh So, what is the conclusion? I don't see any harm of this development. I...millionaire on Seaside pocket park to enrich Tanjong Bungah’s green landscape
- Another project that prioritizes development first and public space second. Penang doesn’t need more buildings...Enson on Seaside pocket park to enrich Tanjong Bungah’s green landscape
- @millionaire Nice. Great township development. I like The light city & upscale neighbourhood in Island....Ryu on Seaside pocket park to enrich Tanjong Bungah’s green landscape
- Where is the affordable house plan of The light city? Nothing to proud of even...Ryu on Merione Residences
- i'm a broker recently someone bought for 980k now under renovation, from my point of...Broker Fong on Exclusive Series @ Taman Bagan
- @Angeline Natural park is inside the jungle. You can go inside jungle and walk. We...millionaire on Seaside pocket park to enrich Tanjong Bungah’s green landscape
- With your permission I would like to add some background: The land in question until...hwh on Seaside pocket park to enrich Tanjong Bungah’s green landscape
- We want a natural park instead of a fake park ...Angeline on Seaside pocket park to enrich Tanjong Bungah’s green landscape
- @millionaire There will always be differing opinions, but taking the Penang State Government’s stated direction...dennis on Seaside pocket park to enrich Tanjong Bungah’s green landscape
- I think there is a FB group with the name of "Sunway Dora Owner Group"...Doramies on Sunway Dora
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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
