Property News

RM17 billion approved for Bayan Lepas LRT and Pan Island Link 1
Penang government yesterday announced that a sum of RM17 billion from an estimated total cost of RM46 billion for the Penang Transport Master Plan (PTMP) project has been approved. State Local Government, Traffic Management and Flood Mitigation Committee chairman Chow Kon Yeow said the RM17 billion cost included the Bayan Lepas ... Read More

Eco Horizon launching soon
Eco World Development Group Bhd had achieved total sales of RM1.705 billion as at end-May for its financial year ending Oct 31, 2017 (FY2017). The developer announced today that the group’s six projects in the Klang Valley contributed RM1.33 billion while its seven projects in Iskandar Malaysia raked in RM331 ... Read More

rapidFerry – The future Penang ferry services
The Penang government welcomes the state's ferry service being taken over by the federal government linked Prasarana Malaysia Bhd. Chief Minister Lim Guan Eng said the takeover by the largest public transport provider in the country, bodes well for the future of ferry services, in the state. He hoped that ... Read More

How To Buy Your Property For Under RM1,000 and make RM20,000 to RM60,000 A Year
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

Phase 2 of Ariza Seafront Terraces, 87% sold
Demand for quality homes remained strong despite the current soft market conditions, said Eastern & Oriental Bhd (E&O) senior general manager for group marketing and sales Wayne Wong. In April, E&O sold 87 per cent of Phase 2 of the Ariza Seafront Terraces, a seafront haven nestled within its award-winning ... Read More

Sunway’s Sungai Ara housing scheme get green lights
The High Court here has ruled in favour of Sunway City (Penang) Sdn Bhd in a judicial review application and quashed the decision of the Penang Appeals Board which struck out the planning permission given to the property developer for a project in Sungai Ara. Sunway City, which is the ... Read More

EIA report on Penang reclamation project on display
There was lukewarm response on the second day of the public display of the environment impact assessment (EIA) report for the proposed reclamation and dredging works for the Penang South Reclamation (PSR) project at two places where the report can be viewed. Not many people turned up to view the ... Read More

The Art of Making Money through Property Investments
Everyone likes to make money through property investments. Property investments have gone through a new ball game. Investors need to equipped themselves with the necessary tool to invest wisely. Miichael has 20 years of experience in property and mortgage industry and would like to share with you the insights on ... Read More

Penang Undersea Tunnel Will Be Scrapped If Third Bridge Is Approved
The Penang government will scrap the undersea tunnel project if the Federal Government grants approval for a third bridge in the state. State Public Works, Utilities, Transportation Committee chairman Lim Hock Seng said this is based on cost justification of the bridge construction and maintenance which was way cheaper than ... Read More

Healthy demand for Utropolis Batu Kawan
Paramount Corp Bhd is looking at launching RM750 million worth of properties this year, from the initial target of RM600 million, following an impressive sales success in the first quarter of this year (1Q17). “Our sales target for the year is RM500 million, but in 1Q17 alone we recorded about ... 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