Property News

Penang govt welcomes Federal’s willingness to consider funding for PTMP
The Penang government will be submitting its application to the Federal Government to seek an allocation to fund the Penang Transport Master Plan (PTMP) once the necessary approvals are obtained. Chief Minister Chow Kon Yeow said the state welcomed the statement by Finance Minister Lim Guan Eng who had said ... Read More

Concern over 40% hike in cement prices
The business community in Penang have raised concerns to the Finance Ministry over the 40% price hike in cement. Real Estate and Housing Developers’ Association Penang chapter chairman Datuk Toh Chin Leong said the increase would affect property prices. He said they were worried that the price hike could be ... Read More

PTMP and PSR would not be scrapped at all cost
Mega projects planned for the state, such as the RM46 billion Penang Transport Master Plan (PTMP) and Penang South Reclamation (PSR), may be modified, scaled down or even reviewed depending on the situation and change in circumstances. Chief Minister Chow Kon Yeow, however, insisted that both projects would not be ... Read More

MAPEX – Home Ownership Campaign 2019
For those of you who want to enjoy the benefits of what the HOC 2019 campaign has to offer, it’s not too late! Make your way to the Malaysian Property Expo (MAPEX-HOC 2019) at Gurney Plaza Penang from 20th June – 23rd June 2019! Organized by the Real Estate and ... Read More

Scientex buys land to expand property development to Penang
Scientex Bhd is buying six parcels of freehold land measuring 7.83 million square feet in Penang to expand its land bank for property development activities to the north from the southern part of Peninsular Malaysia. These land banks are located less than 5km away from Setia Fontaines mega township development ... Read More

Penang rolls out rent-to-own houses
The Penang government is encouraging more people to own homes through its rent-to-own (RTO) scheme. State Local Government, Housing, Town and Country Planning Committee chairman Jagdeep Singh Deo said the state was happy to introduce the RTO scheme to those who could not afford to even buy low-cost homes, due ... Read More

Penang govt denies second airport proposal
Chow said that as of now, the state government is proceeding with a plan to commission a study on the future needs of the existing Penang International Airport (PEN) and its surroundings. Nevertheless, he said that the state government is open to proposals for a second airport in the state ... Read More

Penang among best places in Asia to visit
CNN International’s new travel website (CNN Travel), has named Penang as one of 17 Asia's best destinations to consider for the next adventure. The article, published yesterday, singled out Penang as a mecca for food and architecture lovers. it was written by Kate Springer, a Hong Kong-based freelance writer and ... Read More

The Ship Campus – Progress Update (June 2019)
Located within the vicinity of One Auto Hub at Batu Kawan, The Ship Campus is a new university campus under construction for Peninsula College. It is designed like a ship and able to accommodate about 5,000 students. Take a sneak peek at the construction site to see just how much progress has ... Read More

Bukit Kukus paired road to open partially by mid-2020
The Penang government aims to complete the Penang Island City Council’s (MBPP) portion of the RM545.6 million Jalan Bukit Kukus paired road project by the middle of next year. State Public Works, Utilities and Flood Mitigation Committee chairman, Zairil Khir Johari said that 2.8 km out of the five-kilometre elevated ... Read More
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Latest Projects
TODAY'S MOST READ
RECENT COMMENTS
- The issue is that the expansion of Airport Terminal 3 hasn't started calling for tender...Dan on Penang International Airport expansion to complete by June 2028
- LL : @connie It won’t be, and seaview is not the major attraction point....Minion on The Pier
- Po : why this project no more update? is it still on going? because...Minion on Bayan Suite
- CCC obtained ...666 on Mezzo @ The Light City
- @connie It won't be, and seaview is not the major attraction point. The location and...LL on The Pier
- May i know the studio is what selling price now? unit no is? ...GW on Woodsbury Suites @ Harbour Place
- @connie What is the lost? Pier is seafront condo & no issue on Seaview. Even...Jacky on The Pier
- Is the sea view going to be blocked by the new hotel project? I’ve heard...connie on The Pier
- @Oh nice I believe it is very difficult to sustain, unless the "club house" is...long john on Pay-per-use model eyed for future affordable housing projects
- Don't knee jerk if haven't book, they still have 8 more towers, 6k units...this is...Oh nice on SkyWorld breaks ground on nation’s largest affordable housing project in Penang
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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