Property News
Lam Research opening its largest manufacturing plant at Batu Kawan
Chief Minister Chow Kon Yeow today congratulated Lam Research Corporation on the official opening of its latest and largest manufacturing facility in Batu Kawan, the first wafer fabrication equipment maker to have set up their business with a manufacturing plant in Malaysia. The corporation has invested RM1 billion in its new ... Read More
Underpass in Gelugor to close for maintenance
The Udini underpass in Gelugor, Penang, will be closed during certain hours for six days to undergo maintenance. Penang Island City Council said in a statement that the underpass between Jalan Masjid Negeri and Jalan Tunku Kudin would be off limits to all vehicles from Aug 14 to Aug 19 from ... Read More
South Korea’s Simmtech to invest RM507.6mil in factory at Batu Kawan
South Korean semiconductor giant, Simmtech Holdings Inc., has chosen Penang as the strategic location to build its ‘first in the region’ printed circuit board (PCB) and packaging substrate factory. Simmtech’s Phase One investment in Penang, through its subsidiary Sustio Sdn Bhd, is US$120 million (RM508 million). Simmtech Southeast Asia managing ... Read More
More homeowners selling property for cash flow
Malaysia’s property supply growth in the market spiked by 34.53 per cent year-on-year (YoY) and 11.94 per cent quarter-on-quarter (QoQ) in the second quarter of 2021 (Q2 2021), driven by more homeowners selling property for cash flow, according to PropertyGuru’s latest Malaysia Property Market Index (MPMI). In a statement, PropertyGuru ... Read More
Peacock Eco Park is expected to be ready in Penang by December
The construction works of the first-ever aviary or a mini zoo in Penang that specialises in raising peacock is expected to be completed in December this year. Known as Peacock Echo Park, it is located at Taman Kimsar in Prai. Seberang Perai City Council (MBSP) councillor David Marshel said once ... Read More
Property prices not necessarily be affordable post-Covid
Property prices might not necessarily be more affordable post-Covid-19 due to market changes and wage growth, the housing minister said. Housing and Local Government Minister Datuk Zuraida Kamaruddin said the economic crisis brought on by the Covid19 pandemic saw the housing market, labour and financial sectors going through adjustments. As a ... Read More
Developers can now operate during Phase 1 & 2 of NRP
Housing developers will be allowed to operate under Phase 1 and Phase 2 of the national recovery plan effective immediately. In a statement today, the housing and local government ministry said this is applicable to housing developers which have valid housing development licences and advertisement and sales permits (APDL) under ... Read More
e-Tanah land administration system to be expanded to other states
The e-Land system implemented through a public-private partnership (PPP) arrangement will be expanded to other states after it was proven successful in increasing the quality and efficiency of land administration in Kuala Lumpur. Prime Minister Tan Sri Muhyiddin Yassin (pic) said the system would be expanded to the Federal Territories ... Read More
More hotels in Penang turned Covid-19 quarantine centres
Several hotels nationwide have put aside their core business and have stepped in to assist the country in its efforts to combat the Covid-19 pandemic by turning their premises into Covid-19 quarantine centres. Just a month ago, two hotels in Penang decided to operate their premises as quarantine centres. They are ... Read More
RFP for 1st affordable housing project by LPNPP is expected to open in October
The first affordable housing development project (RMM) by Penang State Housing Board (LPNPP) near Bukit Gedung, Bayan Baru is currently in the process of preparing documents for open tender. The matter was informed by State Local Government, Housing, Town and Country Planning Committee chairman Jagdeep Singh Deo during a press conference ... Read More
Weekly Newsletter
Latest Projects
TODAY'S MOST READ
RECENT COMMENTS
- Are they sure they can on time finish construction before due date & ccc on...SIM LI on The Cube
- @K sorry, should be end of 2024 ...K on The Cube
- End of 2025 only start piling and underground parking ? the construction progress almost same...K on The Cube
- @SIM LI They will tell you because of taking care quality workmanship ...Ryu on The Cube
- why contruction very slow...two year only go to level 12.. ...SIM LI on The Cube
- @CY why contruction very slow...two year only go to level 12... ...SIM LI on The Cube
- This serm a viable purposeful redevelopment but the pollution due to Industrial remain to be...Kerneth Rodrigues on Pulau Jerejak’s 26.5-acre shipyard site poised for future redevelopment
- @Minion Because we still haven't break the 4M mark. Will reach there in a year...LL on Top 5 Most Expensive Residential Properties Sold in Penang in 2025
- please send the details & pricing of the property. Thanks ... ...ZURIATI OSMAN on UPCOMING: Prai / Concrete Idea Sdn. Bhd.
- Why don't have taman bayu mutiara (BM area) record at all? ...Tim on All Penang Projects
SHOW MORE COMMENTS
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
