Property News
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
Largest Smart Integrated City Development in Penang Island
Penang's newest landmark - Penang International Commercial City (PICC) by Hunza Properties Berhad is the Largest Smart Integrated City Development in Penang Island. PICC is a comprehensive project which includes Residential Condominium, Serviced Apartments, a Lifestyle Mall, a Medical Centre, BPO Offices, a Luxury Hotel, a Central Park and more ... Read More
Positive Outlook for Property Landscape
PropertyGuru Malaysia announced that its Malaysia Property Market Report (MPMR) Q3 2022, powered by PropertyGuru DataSense, saw an expected trend of gradual improvements, with the overall demand index moving upwards by 7.93% QoQ, despite being in negative territory in the previous quarter. The report registered upward trends in several areas ... Read More
Penang’s five decades of industrial success
The Malaysia Semiconductor Industry Association (MSIA) celebrated Penang’s 50th anniversary of industrial excellence via a gala dinner at the Eastern & Oriental Hotel Monday evening. The event was attended by some 300 members of the industry. Chief Minister Chow Kon Yeow said technology is expected to bring transformation to the industry in ... Read More
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