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SITE PROGRESS: QuayWest Residence (Sep 2020)

Property News/ 8 September 2020 No comments

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About QuayWest Residence

Luxury residential development located next to Penang World City in Bayan Mutiara, Penang. This development comprises 1,235 condominium units in two 24-storey towers. Tower A offers 669 units with built-ups from 1,246 to 3,222 sq ft. Tower B comprises 566 units of various types, 253 units of which are categorized under affordable housing.

Find out more about QuayWest Residence

 

20 Most Active Projects in Penang (Jan – Aug 2020)

Property News, Statistics/ 7 September 2020 No comments

With the lifting of CMCO in early June, Google Search Trends report indicated that the search interest for property in Penang has rebounded to the pre-crisis level. Our website has recorded close to 1 million pageviews in the past 90 days (after CMCO), showing an increase of 3% traffic compared to the same period in 2019.

If you are wondering which are the most popular projects in Penang at the moment, here are the top 20 most viewed projects to date in 2020.

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The list is dominated by affordable housing projects, with Cecil Residensi at the top of the list recorded more than 23,000 views in 2020. This is a state government project which has broken ground in early 2019. It will feature a 24-storey residential building, offering 348 low-medium cost units.

Ranked second is Ideal Residency affordable housing by Ideal Property Group at Bukit Gelugor. The first phase of this development comprises 1,218 affordable units with a standard built-up size of 850 sq.ft. This project is popular for its strategic location, slated to be launched soon in Q4 2020.

This is followed by Grace Harmony, Havana Beach Residences, and Affordable @ The Zen, all of which have always been popular since 2018 and 2019.

Interestingly, Residency Permai at Bukit Mertajam appeared to be the sixth in the list. This is a gated & guarded development by Tambun Indah Group, located just a stone’s throw away from the ever-bustling Jalan Song Ban Kheng.

You may find out more about the top 20 projects from the links below.

* Projects are ranked based on the pageviews recorded in Google Analytic web traffic report for PenangPropertyTalk.com.

 

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Pesta Pulau Pinang 2020 cancelled

Property News/ 6 September 2020 No comments

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This year’s Pesta Pulau Pinang has been cancelled due to the COVID-19 pandemic.

Penang state financial officer Datuk Sarul Bahiyah Abu said the state executive council meeting had come to this decision on Aug 12.

“Based on COVID-19 current developments in Penang, the state executive council has decided that this year’s edition of Pesta Pulau Pinang, which was scheduled for Dec 1, be cancelled,” she said.

The festival, which has been held every December since 1970, first at the Esplanade and from 1974 onwards at the Sungai Nibong pesta site, is one of Penang’s major tourism icons.

Source: Bernama

 

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UPCOMING: Bukit Tengah / Prospek Setia Sdn. Bhd.

Bukit Tengah/ 4 September 2020 No comments

Proposed development by Prospek Setia

An upcoming commercial development by Prospek Setia Sdn. Bhd. at Bukit Tengah. It is a small development strategically located along the busy road of Jalan Kebun Nenas, next to Juru Sentral development. Just a stone’s throw away from Juru Auto-City.

This development will see the construction of a commercial building, featuring 13 unit 3-storey shop offices fronting the main road.

More details to be available upon official launch.

Project Name : (to be confirmed)
Location : Bukit Tengah
Property Type : Commercial
Tenure: Freehold
Built-up Size: (to be confirmed)
Total Units : 13
Indicative Price : (to be confirmed)
Developer : Prospek Setia Sdn. Bhd.

Register your interest here

(This information will be used to keep you updated on the project and future development.)
*By submitting this Form, you hereby agree to our PDPA Consent Clause.

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Tropicana and Marriott International launch Courtyard by Marriott in Penang

Property News/ 4 September 2020 No comments

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The first Courtyard by Marriott in Malaysia, and also the 17th Marriott International brand in the country, has opened its door to the public.

The hotel is located at Tropicana 218 Macalister in Penang’s UNESCO World Heritage Site.

In a press statement today, the developer of the hotel – Tropicana Corporation Bhd said hotel consists of 199 rooms and suites, an all-day dining restaurant and Penang’s first distillery-themed bar.

The hotel was launched today by Chief Minister of Penang Chow Kon Yeow. Also present were Tropicana Corporation Bhd group executive vice chairman Tan Sri Datuk Tan Chee Sing, CEO Alex Yeow, group managing director Dion Tan, Courtyard by Marriott Penang general manager Subash Basrur and Marriott International area director of marketing (SEA) Cindy Yoong.

“The Penang state government is certainly committed to re-energise our tourism industry. We have introduced various initiatives to help revive the tourism industry and we believe these initiatives will help keep Penang ahead as one of the leading tourism destinations in Malaysia,” said Chow in his speech at the launch.

Despite the onset of Covid-19, the tourism sector in Penang has witnessed steady growth in domestic tourism. As interstate travel restrictions relaxed, there have been gradual increase in the number of tourists visiting the island give the attractive promotions that provide significant savings for locals.

“We are excited to welcome guests to the first Courtyard by Marriott Penang! Malaysia is a beautiful country and Penang being the Pearl of the Orient. Cognisant of the current pandemic, we are committed to deliver a safe yet welcoming experience that inspires and re-energises guests,” said Subash.

Source: EdgeProp.my

 

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