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SITE PROGRESS: The Light City (Mar 2023)
About The Light City A 32.76-acre integrated mixed-use waterfront development by IJM Perennial Development in Gelugor, Penang. Strategically located next to The Light Collection, just a mere minutes drive from Penang Bridge and George Town. It will feature a retail mall, Penang’s largest convention centre to be called Penang Waterfront Convention ... Read More
Fort Cornwallis moat set to reopen to the public in 2025
The over-a-century-old moat of Fort Cornwallis, under the premier historic structure restoration project, is set to be reinstated before it is open to the public in 2025. The moat, on the south and the east, will be restored to its former glory. Chief Minister Chow Kon Yeow said the Fort ... Read More
UPCOMING: Sungai Jawi / Sierra Residences (M) Sdn. Bhd.
A proposed mixed development by Sierra Residences (M) Sdn. Bhd. at Sungai Jawi. Located along Jalan Sungai Bakap, next to JKR Seberang Perai Selatan. It's only a mere minutes' drive from Jawi Toll Plaza, just a short walking distance to nearby amenities which include Econsave Hypermarket, clinics, banks and eateries ... Read More
No clear timeline for Penang Undersea Tunnel Project
After more than a decade, the proposed Penang Undersea Tunnel, part of the RM46bil Penang Transport Master Plan, looks to be stalled due to delays in the release of the feasibility study report. According to a news article published by TheStar, State infrastructure and transport committee chairman Zairil Khir Johari ... Read More
Taman Acheh Damai
Taman Acheh Damai, a small landed residential development by Asiabina Sdn. Bhd. in Nibong Tebel. Located within the vicinity of Sungai Acheh, about 10 minute's drive to Nibong Tebal town centre via Jalan Sungai Acheh. It is neighboring Taman Acheh Indah, with essential amenities in nearby township within a short drive. The freehold development ... Read More
The effect of OPR on the housing market
Will Bank Negara Malaysia (BNM) keep its overnight policy rate (OPR) at its current level for a longer period? The recent pause in rate hikes by the central bank bodes well for overall housing demand, particularly for affordable to mid-range properties where purchasers are more interest-rate sensitive. According to a ... Read More
E&O launches Arica on Andaman Island
Eastern & Oriental Berhad (E&O), the premier lifestyle property developer, has announced that all units at The Meg, its maiden project on Andaman island launched in 2021, has been taken up. On the heels of this overwhelming success, E&O is set to launch Arica, a 380-unit freehold development nestled in ... Read More
SITE PROGRESS: The Meg @ Andaman (Mar 2023)
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
UPCOMING: George Town / Advance Golden Properties Sdn. Bhd.
A newly proposed commercial development by Advance Golden Properties Sdn. Bhd. in the heart of George Town. Situated on Jalan Logan, directly across the road from Logan Ville apartment, this location is less than 2km from KOMTAR and boasts numerous amenities that can be reached within a 5-minute drive. This ... Read More
BNM maintains OPR at 2.75%
The Monetary Policy Committee of Bank Negara Malaysia kept the Overnight Policy Rate (OPR) at 2.75 percent. Despite positive developments such as the reopening of China's economy and better-than-expected growth in major economies, the global economy continues to be affected by elevated cost pressures and higher interest rates. Some central ... Read More
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- Well done ...Minion on Sri Bayu and Quinton affordable housing projects resume after long delay
- Beehive residency ...ForeverSeaView on Ideal Venice Residency
- @Goppal Balan Nice sea, grren with hill back drop, and you just conveniently forget to...musang on PDC calls RFP for Linear Waterfront development from Queensbay to Penang 2nd Bridge
- nice sea / waterway here, green with hill back drop, hope this reclamation wont disturb...Goppal Balan on PDC calls RFP for Linear Waterfront development from Queensbay to Penang 2nd Bridge
- @SAM ..same here but i cabut lvl 32 and carpark lvl 6.Somemore my unit facing...leeceo on Ideal Venice Residency
- @SAM Out of the 4 facings, the best units are those facing Middleton, the consolation...UncleLim on Ideal Venice Residency
- Bought this under Penang state unit, cabut lv 35 and carpark lv 5 lol i...SAM on Ideal Venice Residency
- @GangsterM Very common, MCO time start selling Face Mask as well. ...MajorArches on Iconic Marjorie Penang officially opens
- I believe this project has completed. The 1st batch key handover ceremony attended by both...BTW on Ideal Venice Residency
- An ugly hotel located out of no where, owned by someone whose main pile of...GangsterM on Iconic Marjorie Penang officially opens
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Latest Property News
OTHER DEVELOPMENTS
- Affordable Housing (Penang Island)
- Butterworth Arena
- Columbia Asia Medical Centre
- Eco-Tourism Hub @ Batu Kawan
- Escape Penang – Eco Theme Park
- GBS @ The Waterfront
- GBS by The Sea
- Gurney Wharf
- IKEA Batu Kawan
- Island Medical CIty
- Kobay Jelutong
- Lin Xiang Xiong Art Gallery
- Linear Waterfront
- Mitsui Outlet Park @ PIA
- One Auto Hub @ Batu Kawan
- Penang Arts District
- Penang Eastern Seafront Development
- Penang Medical & Digital Technology Hub
- Penang Premium Outlets (Design Village)
- Penang Sentral
- Penang South Islands
- Penang Transport Master Plan
- Penang Waterfront Convention Centre
- Penang World City
- PIA Expansion
- Silicon Island
- Teluk Bahang Wellness Resort
- The Ship Campus (ALC College)
- The Top @ Komtar
- Wellness City of Dreams
