Property News
Real estate developers maintain neutral outlook for Malaysia’s property sector in 1H2024
In the latest findings presented by the Real Estate and Housing Developers’ Association Malaysia (Rehda Malaysia), the pulse of Malaysia's property industry for the first half of 2024 suggests a cautious stance among developers. The report, titled "Property Industry Survey 2H2023 and Market Outlook for 2024," was unveiled to the ... Read More
The rebuild of TPS Jalan Jelutong completed ahead of schedule
The TPS (Temporary Hawker Site) along Jalan Jelutong, which was ravaged by fire on January 5th, has been completed ahead of schedule and will begin its handover to vendors starting April 15th. Lim Siew Khim, for Social Development, Welfare, and Non-Islamic Religious Affairs, expressed relief that the successful completion of the ... Read More
Juru-Sungai Dua Elevated Expressway Project at discussion stage by federal govt
The Juru-Sungai Dua Elevated Expressway Project and the Perak-Penang Water Project are currently at the discussion stage involving various federal government ministries, said Chief Minister Chow Kon Yeow. He hoped both projects could be implemented due to the situation in the state and that the matter was raised at a ... Read More
Key projects addressed at Penang Development Briefing 2024
The urgent need to accelerate the upgrading and expansion of the Penang International Airport (PIA) has been emphasised by Prime Minister Datuk Seri Anwar Ibrahim. “The project has been delayed for some time and it is congested. “Additionally, the Penang Light Rail Transit (LRT) project, which holds significant importance, is progressing ... Read More
SITE PROGRESS: Havana Beach Residences (Apr 2024)
About Havana Beach Residences Affordable housing development by Ideal Property Group at Bayan Lepas. Strategically located near Jalan Tun Dr. Awang, less than 2km away from Penang International Airport. It is about 5 minutes walking distance to SMJK Heng Ee (Bayan Baru branch). Find out more about Havana Beach Residences Register your ... Read More
HOPE advances affordable housing agenda in Penang
The Penang Housing Board has again urged applicants to update their data in the state Housing Information System (HIS). Penang Housing and Environment Committee chairman Datuk Seri Sundarajoo Somu said that as of April 3 this year, there were 42,160 applications for affordable homes Category A, B, and C registered in ... Read More
Bayan Baru wet market undergoing hypermarket-style upgrade
Penang is set to unveil its first-of-its-kind transformation of a wet market into a hypermarket-style concept. Constructed in the 1990s to serve the community, the Bayan Baru wet market is currently undergoing a significant makeover. Speaking to Buletin Mutiara, Bayan Baru MP Sim Tze Tzin said the market has not undergone ... Read More
Marriott International to debut The Westin brand in Penang Island
Marriott International yesterday announced the signing of a hotel management agreement with Westfield Global Sdn. Bhd., to bring The Westin brand to the popular island of Penang. Located along the iconic, sea-facing promenade of Gurney Drive, The Westin Hotel, Penang is slated to open in 2026. With 217 rooms and suites featuring ... Read More
MBSP welcomes proposed water taxi services in Seberang Perai
The Seberang Perai City Council (MBSP) welcomes the suggestion to expand water taxi services on the mainland. MBSP mayor Datuk Azhar Arshad said it is a good suggestion as it can boost tourism both on the mainland and island. “The water taxi services will also offer a convenient and environmentally ... Read More
SITE PROGRESS: GEM Residences (Apr 2024)
About GEM Residences GEM Residences, a commercial development by Belleview Group at Prai, Penang. It is part of the company's 6 hectares mixed development along Jalan Baru, diagonally opposite Megamall Penang. Next to it will be the upcoming largest mall in the northern region - GEM Mall, the tenant mix include ... Read More
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