Property News

E&O targets to launch STP 2A in early 2019
Eastern & Oriental Bhd expects a strong financial performance this year from the ongoing sale of its properties and the planned disposal of several major non-core assets. The property developer has RM840.6mil in unbilled sales, which will be recognised progressively over the next two years. It has also identified seven ... Read More

Vertu Resort vs Suria @ Hijau E-Komuniti
Wanted to stay near IKEA? You have a few options with price starting from RM72,500 onwards. With Suria @ Hijau E-Komuniti affordable units now open for public (open market), you can now grab a 1,000 sq.ft. unit for less than half the price of a similar size in Vertu Resort ... Read More

RM220K affordable state housing at Batu Kawan only 25% sold
Work on the Suria 1 affordable housing project in Bandar Cassia, Batu Kawan, comprising 520 units by the Penang government has been completed. The project, which comprises three blocks of medium and low medium-cost units, is the first phase of the 25-stage plan to build 11,800 residential units and 200 ... Read More

Landmark RM10bil development taking shape
The first phase of the RM10bil Aspen Vision City in Batu Kawan is scheduled for completion at the end of next year. The first phase comprises an Ikea store, Columbia Asia Medical Centre and Vervea, a commercial project. Aspen (Group) Holdings Ltd president and chief executive officer Datuk M. Murly ... Read More

How To make RM20,000 to RM60,000 A Year in Property Investment, without having to sell it
Article by Freemind Works To own our own home is viewed by society as one of the key milestones of being successful. Hence, we will almost always buy a property for our own stay first. However, with the rising home prices and the fact that our salary or income is still ... Read More

New Thean Teik Highway – Lebuh Bukit Jambul link ahead of schedule
Work on Jalan Bukit Kukus, the alternative road linking Lebuhraya Thean Teik in Bandar Baru Air Itam to Lebuh Bukit Jambul in Penang is progressing slightly ahead of schedule. The project, which began on Jan 15 last year, is slated to be completed on Jan 14, 2019. Penang Island City ... Read More

PR1MA to develop new township at Teluk Kumbar
Perbadanan PR1MA Malaysia (PR1MA) is planning to develop two new townships in Teluk Kumbar, Penang and Teluk Intan, Perak. Its chief executive officer Datuk Abdul Mutalib Alias said the ongoing projects, however, are subject to approval by the respective state governments. “We will announce both projects to the public once ... Read More

IKEA breaks ground in Batu Kawan today!
Cheers and Swedish meatballs liven up Batu Kawan today as IKEA marked the start of construction for its first store in Northern Malaysia. IKEA co-workers, business friends and government officials came together for a groundbreaking ceremony at the site for IKEA Batu Kawan, Penang. The event gave visitors a taste ... Read More

Residents divided over coastal route
Penangites alothe island’s north coast seem divided over the North Coastal Paired Road (NCPR) project. Some residents in Tanjung Bungah want the road plan scrapped but many in Batu Ferringhi and Teluk Bahang want it as soon as possible. “Do you know what it was like after the recent big ... Read More

Call to scrap proposed North Coast Paired Road
Tanjung Bungah residents want the proposed new road from Teluk Bahang to their neighbourhood scrapped after realising it entails deforestation and construction on slopes with gradients steeper than 25 degree. Through the Tanjung Bungah Residents Association (TBRA), 400 of them signed a petition against the North Coastal Paired Road (NCPR) ... 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