Property News
Tapak Pesta Sungai Nibong will soon make way for Mutiara Line LRT secondary depot
This year’s iconic Pesta Pulau Pinang is set to be the last held at the Tapak Pesta Sungai Nibong, as the venue will soon make way for the Mutiara Light Rail Transit (LRT) Line development. Chief Minister Chow Kon Yeow announced during the festival’s launch that part of the site ... Read More
Elvina project marks completion with key handover to happy homeowners
The eagerly awaited Elvina project celebrated a significant milestone as homeowners received their keys during a grand handover ceremony. The highly anticipated Elvina project in Jalan Sungai Nipah 2, Balik Pulau, Penang reached a major milestone with a successful key handover ceremony held on January 6, 2025. The event marked ... Read More
Penang breaks ground on ‘co-house’ affordable housing in Permatang Tinggi
Penang has introduced a new affordable housing project in Permatang Tinggi, featuring a ‘co-house’ concept aimed at providing more accessible landed homeownership options for its residents. The initiative, under the C3 Affordable Housing (RMM) category, marks the state’s first townhouse-style development by the Penang Housing Board (LPNPP). The hybrid design ... Read More
SITE PROGRESS: Lucerne Residences (Jan 2025)
About Lucerne Residences The final phase of residential development by Ideal Property Group at Ideal Vision Park in Bayan Lepas. It is just a short drive to Penang International Airport, 10 minutes walking distance to Straits International School. The project will see two blocks of 36-storey skyscrapers featuring a European living concept. It offers 480 ... Read More
Penang to trial 2-hour parking limit in congested areas
The Penang Island City Council (MBPP) is planning to introduce a two-hour parking limit in high-traffic areas facing severe parking shortages, particularly in George Town. MBPP Mayor Datuk A. Rajendran unveiled the proposal during the swearing-in ceremony of 24 councillors at City Hall on Friday. “The rise in car ownership, ... Read More
Study and design work for Juru-Sungai Dua Elevated Highway in progress
The Juru-Sungai Dua Elevated Highway project has entered its preliminary phase, with study and design works currently in progress. Penang Chief Minister Chow Kon Yeow announced that the executing agency has already begun the year-long process, though the public may not yet observe physical activities on-site. “This phase involves detailed ... Read More
Hunza welcomes 2025 with the “Peachful Fortune” Campaign at PICC
Hunza Properties has ushered in the Year of the Snake with its vibrant "Peachful Fortune" New Year Homeownership Campaign, alongside the grand unveiling of 6 stunning Show Units , launched at the Penang International Commercial City (PICC). The event marked an auspicious start to 2025, highlighting milestones and unveiling new ... Read More
No takers for Penang Turf Club’s 202-acre prime land
The Penang Turf Club (PTC) has announced that it will explore alternative methods to unlock the value of its properties after a recent open tender exercise failed to yield any qualified bids. The tender, initiated as part of a mandate from the Club's ordinary members during an Extraordinary General Meeting ... Read More
SITE PROGRESS: Versa (Jan 2025)
About Versa Versa, a condominium project by Aspen Group, is situated in Batu Kawan near Vivo Executive Apartment, Klippa Shopping Centre, and Central Island Park. The development consists of two residential towers with nine commercial units and includes facilities such as a leisure pool, games court, gym, skating rink, BBQ garden, ... Read More
Top 10 Most Popular Projects in 2024
As we step into 2025, it’s time to reflect on the most sought-after property developments of 2024, based on page views on our website. Affordable housing projects once again dominated the list, showcasing the continued demand for budget-friendly homes in Penang. Interestingly, half of this year’s top projects were already ... Read More
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