Property News
SPSK Scheme to enhance housing options for Penang youths and singles
The ‘Skim Perumahan Sewa Khas’ (SPSK) scheme, aimed at providing housing for youths and singles in Penang, is currently in its initial phase. Once implemented, it is expected to significantly benefit these groups. State Housing and Environment Committee chairman Datuk Seri Sundarajoo Somu (PH-Perai) revealed this during the Penang Legislative Assembly ... Read More
SITE PROGRESS: The Meg @ Andaman (Nov 2024)
About The Meg @ Andaman The first project in Andaman Island, the highly-anticipated prime reclaimed island of Seri Tanjung Pinang Phase 2A by E&O. Features two blocks of 27 and 34-storey serviced apartments with an estimated GDV of RM690 million. It comprises 1,020 residential units with innovative layouts designed to suit ... Read More
Penang LRT Mutiara Line to include park-and-ride facilities for better connectivity
The Penang Light Rail Transit (LRT) Mutiara Line project is set to enhance connectivity with 20 stations on Penang Island and one on the mainland at Penang Sentral in Seberang Perai. This landmark project, developed by MRT Corp, aims to provide seamless transport options for residents and commuters. State Transport ... Read More
Jayamas and The Ark bring world-class education to Raja Uda
A significant milestone was achieved on Friday with the signing of a Memorandum of Understanding (MOU) between Jayamas Property Group and The Ark International School. The ceremony took place at Jayamas Property Group’s headquarters in Bukit Mertajam, marking a key step in redefining the RU Square Commercial Center in Raja Uda, ... Read More
Penang Gateway development elevate tourism and connectivity near PIA
The construction of Le Meridien Penang Airport and Rackson’s Serviced Apartment near Penang International Airport (PIA) marks a significant milestone in Penang’s journey towards becoming a global hub for business, tourism, and innovation. These projects, part of the visionary Penang Gateway development, carry a gross development value of RM1.5 billion ... Read More
Penang revamps land management to boost revenue and ensure fairness
Land management continues to serve as a cornerstone of Penang’s economic stability, contributing a significant 40% to 50% of the state’s annual revenue. This income is derived from land tax collections, premium payments, and transaction fees. To bolster this crucial revenue stream, the Penang government is embarking on a comprehensive ... Read More
The Lume: Quiet luxury living on Andaman Island, Penang
Andaman Island is rapidly emerging as a prestigious and innovative development, setting new standards for sustainable living in Malaysia. This 253-acre project by Eastern & Oriental Berhad (E&O) comprises three districts: Shoreline, Gurney Green, and Canalside, each designed around the pillars of sustainability, connectivity, and quality of life. Andaman Island: ... Read More
SITE PROGRESS: Alton Skyvillas (Nov 2024)
About Alton Skyvillas Alton Skyvillas is a 29-storey condominium by Dutamas Permai Sdn. Bhd. (Airmas Group), is strategically located on a 1.3-acre site along Jalan Jelutong, adjacent to the newly completed Artis 3 condominium. Just 10 minutes from Penang Bridge and 4km from KOMTAR, it is surrounded by prominent communities ... Read More
E&O Group unveils Andaman Island masterplan
Eastern & Oriental Berhad (E&O), Malaysia’s premier lifestyle property developer, yesterday announced its masterplan for Andaman Island, an ambitious, first-of-its-kind development in Malaysia. With an estimated Gross Development Value (GDV) of RM 60 billion, this masterplan reflects over 30 years of vision to create a vibrant, eco-conscious island township that harmonises ... Read More
Fomca warns of fake rental agents preying on tenants
The Federation of Malaysian Consumers Associations (Fomca) has sounded the alarm over the rise of fake house rental agents in Malaysia, who pose as legitimate professionals to scam unsuspecting tenants, especially foreign students. According to Fomca secretary-general Dr. Saravanan Thambirajah, these scammers use fake business cards, online ads, and social ... Read More
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- last week already start work already ...SIM LI on The Cube
- Many buyers of expensive condos (RM900-1000 psf) a few years ago who are starting to...Jun on No bidders for RM313.6 million Gurney Drive land auction
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