Property News
SITE PROGRESS: Ferringhi Hills (Aug 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
Tightening supply to curb residential home price drop
Residential homes in Malaysia may soon find a floor price due to the 47% reduction in completed dwellings and 9% decline in new planned residential supply, said Juwai IQI. The international real estate technology group said the property sector will reduce supply enough to limit future price declines. “As agents, ... Read More
SITE PROGRESS: Marriott Residences (Aug 2022)
About Marriott Residences A mixed development by BSG Property in Georgetown in Penang. It is located between the famous tourist belt of Gurney Drive and Kelawai Road, next to Evergreen Laurel Hotel. The project comprises a 55-storey skyscraper, featuring a mixed of hotel rooms and condominium units Find out more about Marriott Residences Register your interest ... Read More
AME Elite and Majestic Builders to jointly develop RM1bil industrial park in Penang
AME Elite Consortium Bhd and Majestic Builders Sdn Bhd will jointly develop a RM1bil gross development value (GDV) integrated industrial park in Seberang Perai Tengah, Penang. The industrial space solutions provider, in a statement, said its wholly-owned subsidiary Northern Industrial Park Sdn Bhd and Majestic Builders had jointly formed a ... Read More
The Meg on Andaman Island – Homes for Young Professionals
As the first project to be launched on Andaman, The Meg is a serviced apartment that is equipped with a wide variety of amenities and designed specifically for millennials who seek to live a modern lifestyle at a relaxed pace. Apart from being a brand that is associated with sleek, ... Read More
Penang council tells landowner to stop illegal clearing work in Teluk Kumbar
The Penang Island City Council (MBPP) has confirmed that illegal land clearing is being done near Taman Sahabat Indah, Kampung Suluk in Teluk Kumbar, Bayan Lepas. Local leaders and residents have recently voiced concerns as to the nature of the work, whether it was for the construction of the foreign ... Read More
Low-cost housing near Taman Murai Jaya broke gound
At a cost of almost RM6.45 million, the Penang Housing Board (LPNPP) is going to build 3-storey low-cost flats on an abandoned plot of land near Lorong Murai Jaya here and is expected to be fully completed within 12 months from now. Chief Minister, Y.A.B. Tuan Chow Kon Yeow informed that eligible ... Read More
New Stadium Mini aims to bring communities together in Penang
Stadium Mini Permatang Rawa, located in Bandar Perda, was officially launched on Sunday. The community stadium was completed in October 2021, and started welcoming sports enthusiasts the following month. AEI International Berhad was appointed by the Penang state government to assume the operations, maintenance, and the running of the stadium ... Read More
Taman Lip Sin Master Plan aimed at improving liveability
Taman Lip Sin, which comes under the Bayan Baru parliamentary and Batu Uban state constituency, could see its neighbourhood transformed into a better living environment if the proposed Lip Sin Master Plan materialises. Bayan Baru MP Sim Tze Tzin, who proposed master plan, was determined to improve the liveability of the ... Read More
SITE PROGRESS: Nusacinta @ Setia Fontaines (Aug 2022)
About Nusacinta @ Setia Fontaines The second residential component to be launched in the 1,675-acre Setia Fontaines master-planned township development by SP Setia. This will be the first gated residential precinct located next to the 63-acre man-made lake with a musical fountain. It comprises a total of 294 landed residential units, offering a few types of landed houses ... Read More
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