Property News
Saving Asia’s Hidden Eden – Tropical Spice Garden
Southeast Asia’s only Tropical Spice Garden (TSG) in Penang, is reaching out to Malaysians to ask for their support to help it stay open for generations to come. The eco-attraction launched its crowdfunding campaign “Join the Family, Save the Garden” to raise the vital funds it needs to remain operational ... Read More
Penang’s first urban regeneration project to begin early next year
The urban regeneration programme at ‘5 Point Blocks’ flats in Lorong Mahsuri 10, Bayan Baru is expected to begin early next year, says state Local Government, Housing, Town and Country Planning Committee chairman Jagdeep Singh Deo. Jagdeep said phase one of the project involves building a total of 345 units of ... Read More
Lam Research opening its largest manufacturing plant at Batu Kawan
Chief Minister Chow Kon Yeow today congratulated Lam Research Corporation on the official opening of its latest and largest manufacturing facility in Batu Kawan, the first wafer fabrication equipment maker to have set up their business with a manufacturing plant in Malaysia. The corporation has invested RM1 billion in its new ... Read More
Underpass in Gelugor to close for maintenance
The Udini underpass in Gelugor, Penang, will be closed during certain hours for six days to undergo maintenance. Penang Island City Council said in a statement that the underpass between Jalan Masjid Negeri and Jalan Tunku Kudin would be off limits to all vehicles from Aug 14 to Aug 19 from ... Read More
South Korea’s Simmtech to invest RM507.6mil in factory at Batu Kawan
South Korean semiconductor giant, Simmtech Holdings Inc., has chosen Penang as the strategic location to build its ‘first in the region’ printed circuit board (PCB) and packaging substrate factory. Simmtech’s Phase One investment in Penang, through its subsidiary Sustio Sdn Bhd, is US$120 million (RM508 million). Simmtech Southeast Asia managing ... Read More
More homeowners selling property for cash flow
Malaysia’s property supply growth in the market spiked by 34.53 per cent year-on-year (YoY) and 11.94 per cent quarter-on-quarter (QoQ) in the second quarter of 2021 (Q2 2021), driven by more homeowners selling property for cash flow, according to PropertyGuru’s latest Malaysia Property Market Index (MPMI). In a statement, PropertyGuru ... Read More
Peacock Eco Park is expected to be ready in Penang by December
The construction works of the first-ever aviary or a mini zoo in Penang that specialises in raising peacock is expected to be completed in December this year. Known as Peacock Echo Park, it is located at Taman Kimsar in Prai. Seberang Perai City Council (MBSP) councillor David Marshel said once ... Read More
Property prices not necessarily be affordable post-Covid
Property prices might not necessarily be more affordable post-Covid-19 due to market changes and wage growth, the housing minister said. Housing and Local Government Minister Datuk Zuraida Kamaruddin said the economic crisis brought on by the Covid19 pandemic saw the housing market, labour and financial sectors going through adjustments. As a ... Read More
Developers can now operate during Phase 1 & 2 of NRP
Housing developers will be allowed to operate under Phase 1 and Phase 2 of the national recovery plan effective immediately. In a statement today, the housing and local government ministry said this is applicable to housing developers which have valid housing development licences and advertisement and sales permits (APDL) under ... Read More
e-Tanah land administration system to be expanded to other states
The e-Land system implemented through a public-private partnership (PPP) arrangement will be expanded to other states after it was proven successful in increasing the quality and efficiency of land administration in Kuala Lumpur. Prime Minister Tan Sri Muhyiddin Yassin (pic) said the system would be expanded to the Federal Territories ... Read More
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- @Islander Yup. Is not about T20 or B40 now. It's most of local mentality &...Hong on QR code entry scrapped for Gurney Bridge
- “The QR code requirement has been removed with immediate effect,” Rajendran told FMT????The barriers are...DatoS on QR code entry scrapped for Gurney Bridge
- @Hong Not about they can afford or not. Capability can T20, mentality still B40. Just...Islander on QR code entry scrapped for Gurney Bridge
- @LL Yes, you are right, QuayWest will not be able to compete with Lightwater. ...millionaire on Affordable Housing @ The Zen
- Got 1 McD near Zen is so happy. Opposite of Queens, the Queens Bay Mall...millionaire on Affordable Housing @ The Zen
- @Islander Friend. No discrimination here. FYI. Affordable & low cost house are available in Andaman...Hong on QR code entry scrapped for Gurney Bridge
- B40 in general just don't deserve good things. ...Islander on QR code entry scrapped for Gurney Bridge
- @Ryu yea, Lightwater will stuck too. Lightwater will not be able to compete with QuayWest...LL on Affordable Housing @ The Zen
- @Ryu Yup. Agree. The Zen is really good appreciated in subsale. Checking on 2025 actual...Hee Chan on D’ Starlingtton
- what the name that project ...SS on AFFORDABLE: Seberang Jaya / Green Ace Heritage SB. (Airmas Group)
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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
