Property News

Emerald Tower
Emerald Tower, an upcoming serviced residence by GTM Group near Bandar Perda in Bukit Mertajam. Strategically located along Jalan Permatang Pauh, next to the Prominence condominium by Bionic Development Sdn. Bhd. It is only 10 minutes drive to Penang bridge via Jalan Baru, just a stone's throw away from Mydin Mall ... Read More

73% of unsold units nationwide are affordable houses
The Housing and Local Government Ministry recorded a property overhang of worth RM22.5 billion in unsold houses nationwide, with 73 per cent of them comprising affordable houses priced at RM250,000 and above, said its minister Zuraida Kamaruddin. She said the government had discussed the matter with the Malaysia Real Estate ... Read More

Growing demand in Seberang Prai
Seberang Prai in Penang mainland has come a long way from being a sleepy cowboy town to becoming a bustling and developing residential and commercial giant. The main town in Seberang Prai, which is linked to Penang island via a 13km Penang Bridge is Butterworth. Other prominent towns include Bukit Mertajam, ... Read More

Penang CM confident Bukit Kukus Twin Highway will be built safely
Penang Chief Minister Chow Kon Yeow believes the Penang City Council (MBPP) will do its best to ensure that the construction work on the Bukit Kukus Twin Highway, Paya Terubong near here can be resumed safely. He said engineers will take a look at the design of the project and ... Read More

Progress of Aspen Vision City well on track
Aspen (Group) Holdings Ltd said the progress of its flagship Aspen Vision City project in Bandar Cassia in Batu Kawan, Penang is well on track with the first development, Vervea shop office, set to obtain the certificate of completion and compliance by December. The shop office development is in Central ... Read More

20 Most Active Projects in Penang (Q3 2018)
No doubt 2018 is a tough year in the property industry. Penang housing continues to experience high overhang and developers are cautious in launching new projects. However, for buyers who have cash on hand, it presents an opportunity to secure a property at pricing that may not have been possible otherwise ... Read More

Maximum 40 years loan tenure for affordable home buyers
Bank Negara Malaysia (BNM) is proposing a more flexible loan package with flexible interest rates and an extended maximum loan tenure for affordable home buyers, said Housing and Local Government Minister Zuraida Kamaruddin. “We have engaged with Bank Negara and a few banks during a few sessions and Bank Negara ... Read More

Overwhelming response at Penang Property Convention
To bring an overwhelming crowd to attend a property event is usually the toughest task for any organizers. However, Penang Property Talk have recently made a breakthrough and had proven to live up to its name as being the most popular property portal in Penang. With the website and social media followers ... Read More

New Chinese school to be built in Batu Kawan
The federal government will build a new Sekolah Jenis Kebangsaan Cina or SJK(C) in Batu Kawan costing between RM8mil and RM10mil. Deputy Education Minister Teo Nie Ching said the school, to be built on a 2.43ha plot provided by the Penang Development Corporation (PDC), is expected to be ready in ... Read More

The Largest Eco-themed Township In Penang – Setia Fontaines
S P Setia, well-known for its signature eco-themed townships in the central region of Malaysia, has once again embarked on the next exciting chapter in their development plans by bringing their award-winning concept to Bertam, located at the Northern Seberang Perai. Setia Fontaines queueing up in the pipeline of S ... Read More
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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