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A proposed residential development by Golden Village Properties Sdn. Bhd. at Seberang Jaya, Penang. Located along Jalan Permatang Pauh, just a stone’s throw away from Butterworth-Kulim Expressway interchange. It will only take a mere minutes drive to Sunway Carnival Mall and about 5 minutes to Butterworth town center.
This development will see the construction of a two residential buildings and shop offices:
- 9-storey affordable condominium (112 units)
- 11-storey medium cost condominium (198 units)
- 4-storey shop offices (6 units)
This project is still pending for approval. More details to be available upon official launch.
Project Name : (to be cofirmed)
Location : Seberang Jaya
Property Type : Condominium
Built-up Size: (to be confirmed)
Total Units: 112 (affordable), 198 (condo), 6 (shop office)
Indicative Price: (to be confirmed)
Developer : Golden Village Properties Sdn. Bhd.
Last Updated: June 2021
Register your interest here
Location Map:

Yet another newly proposed mixed development by Iconic Development Sdn. Bhd. at Sungai Nibong. Strategically located along Jalan Sultan Azlan Shah, next to SK Sungai Nibong. It is only 10 minutes walk to two future LRT Stations – Sungai Nibong & Pesta Stations.
This development will feature a mix of 49-storey condominium (268 units) and 36-storey office suites (176 units).
This project is still pending for approval. More details to be available upon official launch.
Project Name : (to be cofirmed)
Location : Sungai Nibong
Property Type : Mixed development
Built-up Size: (to be confirmed)
Total Units: 268 (condo), 176 (suites)
Indicative Price: (to be confirmed)
Developer : Iconic Development Sdn. Bhd.
Register your interest here
Location Map:

Picture for illustration only
We have found yet another job posting by IKEA Southeast Asia for their first IKEA store in Penang.
From the latest job posting, it seems IKEA is now targeting to open their new store in Penang by 1st quarter of 2019. The company is now looking for a Deputy Store Manager, who will be on the job training at IKEA Cheras for 12-18 months and relocate to IKEA Penang in late 2018.

If you are interested in the job, you may check out their latest job advertisement at LinkedIn. The application closing date is 5 May 2017.
About IKEA Penang
First announced in early 2014, IKEA Penang will be the forth IKEA store in Malaysia and the second one outside of Klang Valley after Johor Bahru. Ikano had teamed up with Aspen Group in September 2014 to purchase 245 acres of land in Batu Kawan from Penang Development Corp to develop the Aspen Vision City (AVC), where the IKEA store would be located.
The IKEA store will bring affordable range of functional home furnishings to the northern region, along with hundreds of job and economic spin-off opportunities for the local community. The construction of the new IKEA store was scheduled to complete by Q3 2018. However, the latest job posting indicated that the new store will only open in Q1 2019.
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Seri Tanjung Pinang Phase 2 will be divided into three phases namely STP Phase 2A, Phase 2B and Phase 2C. STP Phase 2A will comprise gross land area of approximately 252.81 acres of land (STP Phase 2A). The agreed infrastructure includes inter-alia bridges linking the STP 2A development land, roads (including roundabouts, intersection, underpasses and etc) and complementary facilities (such as pedestrian walkways and bicycle lanes), landscaping, drainage, sewerage and water system, electricity mains, telecommunication service corridors and street lighting.
The initial phase of STP 2A comprises 325 units of 3-strey terrace houses.
This is still in its planning stage and pending for approval. More details to be available upon official launch.
Project Name : (to be confirmed)
Location : STP 2, Tanjung Tokong, Penang
Property Type : 3-storey terrace
Total Units: 325
Indicative Price: (to be confirmed)
Developer : E&O Properties Sdn. Bhd.
Register your interest here. We will keep you updated on future progress
Location Map: