Property News

World’s tallest rope course opening in Komtar this month
Thrills await visitors to Gravityz, the world’s highest rope course, which will open this month at Level 65 in Komtar, Penang. There will be six obstacles along the 90m walk which is 239m above ground on the outside of Penang’s landmark monolith. Get set for adrenaline-filled moments as you go ... Read More

Penang is top with approved investments worth RM7.7b
Penang is top on the national list with approved investments worth RM7.71 billion in the manufacturing sector for 1H17, said Knight Frank Malaysia in its “Real estate highlights for 2nd half of 2017” report launched today. “This accounts for 45% of the total RM17.02 billion investments approved nationwide and which ... Read More

Setia Fontaines CNY Celebration at Juru Auto City – 3 Feb
Be prosperous this Chinese New Year by joining Setia Fontaines Chinese New Year Celebration at Auto City, Juru. Join the Giant Lou Sang*(Limited to 300 pax only) and stand a chance to win Lucky Draw Cash Prizes up to RM2,018*. Date : 3rd February 2018(Sat) Time : 5PM – 10PM ... Read More

Government proposes to cut housing loan interest rates
A proposal which would reduce housing loan interest across banks nationwide is expected to be presented to the Cabinet soon, announced Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi, today. The proposal which will ease the financial burden of those applying for house loans, he said, was initially tabled ... Read More

Aspen partners LG to built smart city at Batu Kawan
LG Electronics Inc few days ago has entered into a partnership with Aspen (Group) Holdings Limited to provide technological solutions, products and services for all of the developer’s real estate developments. The signing of the partnership will see LG setting up its first academy in Malaysia to provide training in skills ... Read More

Be cautious over Guaranteed Rental Return schemes (GRR)
Penangites are getting pretty familiar with GRR schemes. For those who have not heard it, GRR schemes promise a fixed rental income for house buyers for a certain period of time. These schemes are legal, but they are actually not governed by the Housing Development (Control & Licensing) Act. It ... Read More

Free CCRIS report for public by Bank Negara
Bank Negara Malaysia has launched its free online platform for the public to access their own central credit reference information system (CCRIS) report, anywhere at their convenience. The new initiative – eCCRIS is a secure online platform – and the service is provided for free and is available nationwide starting ... Read More

Penang Property Outlook 2018
As we walked down to the memory lane of 2017, it was obviously one of the slowest year in the decade for properties. There were only a handful of new projects launched throughout the year and some were delayed. Developers were very careful with what they were launching and many ... Read More

Penang property prices affected by signature dishes?
Found this interesting story by Henry Butcher Malaysia. Read on... :) When one mentions Penang, two thoughts usually come to mind: char kway teow (and the island’s assortment of street food), and high property prices. For both, thefocus lies mainly on George Town, the multicultural capital of the state, which ... Read More

Penang Undersea Tunnel deal under investigation
The Malaysian-Anti Corruption Commission (MACC) probe into the controversial Penang undersea tunnel is focused on land swaps that were made for the feasibility and detailed design study which has yet to be completed. Sources said investigators are scouring documents involving two plots of land – Lot 702 and Lot 713 ... Read More
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- This computer made visual ... where is the neighbourhood in it. Where is Gleneagles Hospital,...Tommes on Legasi @ Burma
- What a waste to build only 16 storey for office tower, since the land is...ALAN CHUNG on Legasi @ Burma
- Anyone know is there any WhatsApp group or Facebook group for the owners of this...CeriaOwner on Ceria D’ Eco Horizon
- A 2025/26 building? Looks so aging forget about the group ...Tomb Stone View on Terraces Condominium
- is the developer is Ideal property or Magna Rezeki Sdn.Bhd. Because banker told developer is...vm on PIX 1 Residences
- Congratulations on a planned and well done maintainence job on the flyover. Can the bridge...Arul on Jalan Sultan Azlan Shah flyover to close temporarily for maintenance on 10 August
- booked with the unit after final decision to me is good location cos i am...Lulu on The Cube
- Yeah this flyover have seen flooding in a flyover and leaking drain pipes that creates...FrankC on Jalan Sultan Azlan Shah flyover to close temporarily for maintenance on 10 August
- @happy Hello, can i have the link for the group ? ...KR on Twin Star
- @SIEW LI Don't worry. This is the best affordable house in Penang according to this...Ryu on The Cube
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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