Property News
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
How guaranteed are guaranteed rental return (GRR) schemes?
by Datuk Chan Kim Loong GRR schemes sound very attractive, investors need to know they are not as simple as they seem. In fact, they should be approached with as much caution as advertisements for fast weight loss pills, get-rich-quick ventures or striking the lottery. Call them what you like ... Read More
List of parks open or closed during MCO 3.0
Several public parks in Penang will be open throughout the movement control order (MCO) 3.0. State youth and sports committee chairman Soon Lip Chee said in a statement that in line with the latest standard operating procedure, the state government decided that some of the public parks under the supervision ... Read More
E&O, Kerjaya may consider merging in 5 to 10 years
There are no immediate plans to merge construction services company Kerjaya Prospek Group Bhd and premier developer Eastern & Oriental Berhad (E&O), said the majority shareholder of both companies Datuk Tee Eng Ho. Speaking at a press conference on the change in the board of E&O, Tee however, did not ... Read More
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- @Ryu not bad but penang world city is a better option ...LL on Upcoming waterfront serviced apartment by E&O on Andaman Island
- @Cammy You need to check the master plan. E&O now focusing to build those highend...Ryu on Upcoming waterfront serviced apartment by E&O on Andaman Island
- @Ryu where is the affordable house will be located in andaman? ...Cammy on Upcoming waterfront serviced apartment by E&O on Andaman Island
- 666 : @Ah Kang tolong la tolong x 2 ...Minion on Mezzo @ The Light City
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- Our Penang Island is now having many high rise condominiums. I wonder how advance are...Xulih on Upcoming waterfront serviced apartment by E&O on Andaman Island
- @TuaSeKang Muze is the best after I visited so many project. World class facilities ...Ah Kang on Mezzo @ The Light City
- Oh yes ...OngKokSu on Embun Hills: Live Green In Bukit Mertajam’s First Sustainable Township
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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
