Property News

Penang Property Market Outlook (H2) 2015
Volume of transactions is expected to decline in Penang, says Henry Butcher Malaysia (Penang) Key Economic Indicator Penang’s Gross Regional Product (GRP) was mainly contributed by the manufacturing and services sectors. Manufacturing accounted for 50% of the GRP shares while 46% was from the services sector. Manufacturing’s main sub-sectors include ... Read More

Reclamation documents open for public viewing
The public can have access to documents and agreements for two reclamation projects in Penang starting from today. State secretary Datuk Seri Farizan Darus said the relevant documents for the two projects — 10.11ha in Pantai Jerejak and 14.16ha in Bayan Mutiara — were open for public viewing from 9am ... Read More

Eco Marina @ Batu Kawan – Actual Site View
Eco Marina is an upcoming gated and guarded landed development by Eco World, located in the northern part of Batu Kawan. The masterplan of this development comprises a 150-acre waterfront and international standard golf course with homes offering stunning views of the sea and golfing greens. The first phase, slated for launch ... Read More

Gurney Drive reclamation work to start soon
Reclamation work along Gurney Drive by Eastern & Oriental Bhd (E&O) as part of the Phase 2 Seri Tanjung Pinang (STP2) is expected to commence end this month. State executive councillor Chow Kon Yeow said the reclamation work would most likely take 18 months to complete. “Work will definitely start ... Read More

Berjaya Land provides affordable homes for first-time buyers
Potential first-time home buyers will have a chance to own affordable homes in environmental friendly surroundings through the Berjaya Land Berhad (BLand) Jesselton Villas project near to Penang Turf Club. Berjaya Land Bhd (BLand) executive director Eason Phan said the company was looking forward to build the 500 units of ... Read More

Penang Sky Cab Plan Update
Penang studying plan to build cable car across Middle Bank A major realignment to the island-mainland cable car plan – Penang Sky Cab – could see passengers travelling 90m directly over Middle Bank. This change will also see the cable car station built as part of the future development of ... Read More

The Growing of Penang Mainland
The other Penang poised to soar Land scarcity and sky-rocketing property prices on Penang island have driven developers and investors towards the mainland in recent years. Although the mainland property scene continues to play second fiddle to the island’s, growth in the Seberang Perai area is now accelerating and poised ... Read More

Unveiling The Lawn @ Eco Terrace (31 January 2016)
You are exclusively invited to a day on The Lawn at Eco Terraces. Spend a relaxing evening of live music with family and friends, and savour a freshly brewed cup of coffee at our new glass coffee house, The Lawn Cafe, which is nestled next to elegant gazebos and lush green ... Read More

Budget 2016 Revised: Houses priced up to RM300K are limited to first time house buyers only
Incentives to housing for first-time buyers and free rice were among several measures Putrajaya announced as part of its Budget 2016 revision to help the lower-income groups tackle rising living costs. Prime Minister Datuk Seri Najib Razak stated 11 measures, including the liberalisation of approved permits for agricultural products like ... Read More

Developer SP Setia launching condo units and semi-detached homes this year
Renowned developer SP Setia Bhd is launching two new projects in Penang this year. They are Solok Slim, the developer’s maiden project in Jelutong, and Isle of Palm in Setia Pearl Island, Sungai Ara. Solok Slim consists of two 33-storey condominium blocks with a total of 550 units on a ... 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