Property News
SRS Consortium explains the funding of new island reclamation
- A letter from SRS Consortium to FMT First, we would like to reiterate that for both the Penang Transport Master Plan (PTMP) and the Penang South Islands (PSI) reclamation projects, it is the state that is the asset owner. As the asset owner, the state has to “take into consideration ... Read More
Malaysia loses another prominent property personality
The notorious COVID-19 has robbed the life of yet another prominent individual in the Malaysian property circle. Paramount Corp Bhd chairman and executive director Datuk Teo Chiang Quan, 72, passed away at 6.38pm two days ago due to health complications after battling COVID-19 for 21 days. “It is with profound sadness ... Read More
SITE PROGRESS: Beacon Executive Suites (May 2021)
About Beacon Executive Suites the latest addition to landmarks in the heart of George Town by Aspen Group. Strategically located along Jalan Sungai Pinang, this freehold development comprises 227 units of executive suites with standard unit size of 980 sq.ft. and a state of art roof top bar & lounge. Find ... Read More
Penang Housing Board allocated affordable homes to another 1,000 eligible applicants
The Penang government has provided low-cost, low medium-cost and affordable homes to nearly 7,000 frontliners, including civil servants, since 2008. State Local Government, Housing, Town and Country Planning Committee chairman Jagdeep Singh said the state would continue to provide these homes to lower-income group even when the Covid-19 pandemic is ... Read More
Penang property market sees improvement
(This is one of the latest valuable insights from the prominent property consultant the late Michael Geh) The Malaysian property market seems to be gradually recovering from the turmoil caused by the Covid-19 pandemic, with more transactions being recorded. In Penang, the property market trended upwards in 2H2020, which saw 9,936 ... Read More
DOE yet to receive environmental management plan for Penang South Reclamation project
The Department of Environment (DOE) has yet to receive the Environmental Management Plan (EMP) for the Penang South Reclamation project in the southern waters of Penang (PSR) based on the original order, said its director-general Norlin Jaafar. She said the department had not received the EMP based on the original ... Read More
SITE PROGRESS: Vivo Executive Apartment (May 2021)
About Vivo Executive Apartment A serviced apartment within Aspen Vision City township development at Batu Kawan. It is strategically located next to the upcoming Integrated Shopping Mall, walking distance to the Central Island Park. The units will be built complete with communal co-sharing working space and a social kitchen to support ... Read More
BMF’s affordable housing plan may cause more problems in market
Khazanah Research Institute (KRI) director Dr Suraya Ismail is her opinion that the affordable housing proposal by the Better Malaysia Foundation (BMF), a corporate social responsibility division of Berjaya Corp Bhd (BCorp), is deemed to be unrealistic and not achievable in current challenging property market conditions. She said such superfluous ... Read More
SITE PROGRESS: Valencia Residence (May 2021)
SHOW GALLERY 360 VIRTUAL TOUR [View in FULL SCREEN] About Valencia Residence Affordable yet luxuriously comfortable, Valencia Residence nestled within a friendly neighborhood with a myriad of cultures and ethnicities. It is conveniently located with an abundance of nearby amenities which include international schools, hospital, golf course, and malls. With ... Read More
Prominent property consultant Michael Geh passes away of Covid-19 complications
Malaysian property veteran Michael Geh (pictured), president of Fiabci East Asia Multi National Chapter and Raine & Horne International Zaki + Partners Sdn Bhd senior partner, passed away at the Penang General Hospital today. The 57-year-old immediate past president of Fiabci (International Real Estate Federation) Malaysian Chapter has been actively involved ... Read More
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TODAY'S MOST READ
RECENT COMMENTS
- 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
- We want a natural park instead of a concrete park! ...Kitty on Seaside pocket park to enrich Tanjong Bungah’s green landscape
- @Dennis Unfortunately, talk only but no action. The progressive clearly land & beach is on...millionaire on Seaside pocket park to enrich Tanjong Bungah’s green landscape
- This information is outdated, and I’m surprised it is still being referenced. On 6 November,...Dennis on Seaside pocket park to enrich Tanjong Bungah’s green landscape
- I jog and exercise frequently to release work stress. Between gurneybay or nature's trail like...LIM on Seaside pocket park to enrich Tanjong Bungah’s green landscape
- @Marcellina Are you saying Gurney bay is also an unnecessary project? ...Rajen on Seaside pocket park to enrich Tanjong Bungah’s green landscape
- The above concrete park to replace a natural park is definitely NOT consistent with Penang's...Marcellina on Seaside pocket park to enrich Tanjong Bungah’s green landscape
- As someone who has lived in Tanjung Bungah for 30+ years - this is nothing...Kenny on Seaside pocket park to enrich Tanjong Bungah’s green landscape
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Latest Property News
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
