Property sector improves on positive consumer sentiment
The overall performance of the property sector in Malaysia is deemed to have improved slightly in terms of transactions following the government’s initiatives to enable more Malaysians to buy their first house. Malaysian Institute of Estate Agents (MIEA) chief executive officer Soma Sundram Krishnasamy said based on a technical study, ... Read More
Penang International Airport expansion project
Penang's airport is expected to be expanded soon at a cost of between RM800 million and RM900 million. The expansion will double the terminal's gross floor area to 113,005 sq m from 54,582 sq m. The new design will have the capacity to accommodate 12 million passengers per annum, from ... Read More
SITE PROGRESS: Triuni Residences (Dec 2019)
About Triuni Residences The third phase of The Sanctuary development, featuring three residential towers, with a total of 552 condominium units. It is strategically located within the established township of Batu Uban, next to The Sanctuary (Phase 1). Just a mere minutes drive from University Science Malaysia and Penang bridge. Find ... Read More
Penang International Airport expansion approved, to be completed by 2024
The state government opted for the expansion of the Penang International Airport (PIA) rather than build a new one on reclaimed land in the south as it could not afford to delay the project. State Local Government Committee chairman Jagdeep Singh Deo said the State Planning Committee (SPC) in a ... Read More
Sea and hill-view urban resort condo from RM590K
Runnymede is making last call for HOC campaign! Call now to know the additional discount and rebates! Register your interest here ... Read More
Penang Structure Plan 2030 gazetted, including 3 new islands
Penang Chief Minister Chow Kon Yeow yesterday announced the approval of the 2030 Penang Structure Plan (RSN), which outlines development strategies and policies for the state from 2020 to 2030. Chow said the RSN, which had taken into account public views and objections over the past year, was now legally ... Read More
Iconic Regency – Where Convenience Meets Luxury
Iconic Regency is a freehold development nestled within the established commercial district and residential neighbourhoods for both local and expatriates in the middle of Sungai Nibong, Penang. Iconic Regency is linked to the Iconic Hotel – 4-star business class hotel and within walking distance of the proposed LRT Station. The ... Read More
Quit rent increase will be minimal
The Penang government yesterday assured those living in apartments and stratified units that any increase in quit rent will be “very minimal” and based on rates already in place since 1994. Chief Minister Chow Kon Yeow said the rates will also not change for the next 10 years – until ... Read More
Upcoming affordable housing by EcoWorld
Penang State Government in partnership with Eco Horizon Sdn. Bhd. will develop another Type-A affordable housing project near Kalidonia Farm at Southern Seberang Perai (SPS). Chief Minister, Y.A.B. Mr Chow Kon Yeow said the project which features 272 low-cost housing units on 15.106 acres owned by the Chief Minister's Corporation (CMI) would ... Read More
Strong interest from mainland Chinese buyers expected next year
Chinese international property portal Juwai.com, forecast there will be stronger interest from Chinese buyers next year with the lowering of the minimum price threshold for foreign buyers on high-rise property. In its 2020 budget, the government proposed helping the industry sell some of its unsold new homes by temporarily lowering ... Read More
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RECENT COMMENTS
- @Ryu QuayWest is very high-end ...AG on Queens Residences Q3
- Signed SPA, anyone also get VP 54 months? ...DoubleU on London Pavilion
- I want to know more about this project, please any agent to contact me. thanks....Andrew on Avion Residence
- @millionaire What is definition of rich? Agent told me Queens residence is just a normal...Ryu on Queens Residences Q3
- @LivingAtWR Q1 &Q2 not a good development as not well maintained even the promenade I...AG Zen on Queens Residences Q3
- @KC ALl of the light phase1 & phase 2 residential are not allowed for abnb...LivingAtWR on Queens Residences Q3
- i always wondered why they dont design long inclining ramp for multi storey carparks exceeding...Goppal Balan on Muze @ PICC
- Obviously a lot of sour grapes here. Hating the rich is what's keeping you poor....millionaire on Queens Residences Q3
- The pain point for this project 100% is due to 10 level of car park...TruthMe on Muze @ PICC
- @chooiyi Same. Yesterday I went to Q1 for lunch & aircond not working. Quite lousy....AG Zen on Queens Residences Q3
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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