The Penang government plans to regenerate aged public housing schemes in the state to cater to current needs. State Local Government, Housing Development and Town and Country Planning Committee chairman, Jagdeep Singh Deo, said five housing projects have been identified for the regeneration exercise. They are Padang Tembak, Taman Free ... Read More

About Eco Horizon a 300-acre integrated mixed-development township by EcoWorld at Batu Kawan, said to be the largest scheme undertaken by a single developer. It is strategically located right opposite the upcoming IKEA, off the primary interchange linking the Second Penang Bridge to the North-South Highway. Find out more about Eco ... Read More

Two residential units in a condominium near Batu Feringghi today received a warrant of detention of movable property from Penang Commissioner Of Building (COB) for Penang City Council (MBPP). Penang COB Director, Sr. Nik Ariff Long Dir said, the warrant was issued in accordance with Section 35, Strata Management Act ... Read More

A new proposed development by Farlim Group Bhd. at Bandar Baru Ayer Itam in Penang Island. Located on a 1.66-acre land along Lorong Semarak Api 2, next to Casa Idaman and surrounded by several other established communities. This development is just a stone's throw away from the upcoming Sunway Valley ... Read More

The Penang government has announced the incorporation of a special purpose vehicle company, Penang Infrastructure Corporation Sdn Bhd, to lead the implementation of the mega projects under the Penang Transport Master Plan (PTMP). Penang Chief Minister Chow Kon Yeow said the Penang Infrastructure Corporation was successfully incorporated on July 9 this ... Read More

About Vertu Resort Condominium First resort-inspired high-rise development by Aspen Group at Batu Kawan, with a gross development value (GDV) of RM620mil. This is the second phase (and the first residential development) in Aspen Vision City. Find out more about Vertu Resort Condominium ... Read More

The outlook for Malaysia’s industrial property market is looking favorable as it is expected to see more inquiries, especially from manufacturers, said independent property consultancy firm, Knight Frank Malaysia. Its Capital Markets executive director Allan Sim said manufacturers would be looking to take advantage of the tax incentives, adding that ... Read More

A newly proposed high-rise commercial development by Serendipity Capital Berhad in the heart of George Town. Strategically located along Lebuh Noordin, adjacent to M Summit 191 serviced residence by M Summit Group and Cititel Express Hotel. It is only a short walk to KOMTAR and GAMA Departmental Store. This development ... Read More

About Suasana @ Utropolis The second phase of Utropolis development by Paramount Property in Batu Kawan, Penang. Strategically located on a 3-acres freehold land next to the UOW Malaysia KDU university college, about 5 minutes walk to Design Village outlet mall. Find out more about Utropolis @ Batu Kawan: Phase 1 - Sensasi ... Read More

According to the latest property market transaction data for 2019 to Q1 2020 by the National Property Information Centre (NAPIC), overall overhang properties recorded in Q1 2020 showed that there are a total of 29,698 overhang units, amounting to a total value of RM18.91 billion. From that number, 35% of all ... Read More