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UPCOMING: Butterworth / Airmas Group
Another proposed residential development by Airmas Group at Butterworth. Strategically located along Lorong Kubur, about 500 meters away from the ever bustling Jalan Raja Uda. It is only 5 minutes' drive to Penang Sentral, under 20 minutes to Penang Bridge. The proposed development will see the construction of a 20-storey ... Read More
Ewein scraps plan to buy Penang land from Consortium Zenith
In a filing with Bursa Malaysia on Tuesday, the property developer and sheet metal fabricator said its 60%-owned subsidiary and CZ (previously Consortium Zenith BUCG Sdn Bhd) had mutually terminated their sale and purchase agreement (SPA) for the 4.4252-acre (1.79ha) land in Section 1, Tanjung Pinang. They also agreed to ... Read More
Project by Publicity Development
An ongoing residential development by Publicity Development Sdn. Bhd. at Bertam. Located along Jalan Kubang Menerong, about 2km away from Bandar Putra Bertam. Driving to Penang bridge during off peak hours will take approximately 30 minutes. This development comprises a mix of landed properties, with an indicative price starting from ... Read More
AFFORDABLE: Bukit Tengah / Pegasus Homes Sdn. Bhd.
Newly proposed affordable housing by Pegasus Homes Sdn. Bhd. at Bukit Tengah. Strategically located along Jalan Bukit Tengah, just a stone's throw away from Bukit Tengah roundabout. It is only 5 km away from Penang Bridge and Bukit Mertajam Town Center. This development comprises a 33-storey condominium, offering 650 affordable ... Read More
PM expresses government commitment over affordable housing
Prime Minister Datuk Seri Najib Abdul Razak today expressed the government commitment to continue to focus on providing more affordable housing for the low- and middle-income groups. He said the concept of comprehensive and holistic development was most necessary to ensure that these groups had the capacity to own equity ... Read More
Housing problems: ‘Affordable’ but beyond reach
What passes for affordable housing in Malaysia is “not affordable”, said Bank Negara Malaysia (BNM) governor Datuk Muhammad Ibrahim. “Even the World Bank has characterised our houses as severely unaffordable. “Last year, only 35% of the new housing supply in the market were affordable, and the year before that, the ... Read More
New blueprint set to boost northern region GDP to RM300bil
A new blueprint for the Northern Corridor Economic Region (NCER) is targeting 80 projects across four states that planners expect will boost gross domestic product (GDP) in the area to RM300bil by 2025. It will also create 161,197 new jobs opportunities in Perak, Penang, Kedah and Perlis. Northern Corridor Implementation ... Read More
IKEA store to open in Penang on January 1, 2019
The first IKEA store in the northern region will open in Penang on Jan 1, 2019, says Lim Guan Eng. The Chief Minister said the store would help to put Penang at a high-level position. "It is not easy to attract Ikano and we worked very hard," Lim said in ... Read More
AFFORDABLE: Balik Pulau / Jernih Prospektif Sdn. Bhd.
Another newly proposed affordable housing by Jernih Prospektif Sdn. Bhd. at Balik Pulau. Located along Jalan Pulau Betong, adjacent to Seri Balik Pulau Fire and Rescue Department. It is about 10 minutes drive to Balik Pulau town, under 20 minutes drive to Penang International Airport. This development comprises a mix ... Read More
Penang Property Convention 2017. Another successful event!
No questions were left unanswered at the recent Property Convention 2017-Penang Edition by GM Training Academy PLT (GM), in collaboration with Penang Property Talk. The event that took place on 29th July 2017 at Vistana Hotel Penang saw the attendance of first time home buyers and property investors from all ... Read More
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