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12.12 SALE: Partially furnished 2,259 sqft condo in Bayan Lepas at only RM895k
Valencia Residence is a 64-unit low-density private residence with a spacious built-up of 2,259 sq.ft. It is conveniently located within close proximity to Penang International Airpot and the proposed Penang South Island development. Call 012-704 8060 or WhatsApp to grab this 2,259sqft. luxury condominium at only RM895k during the 12.12 Sales now! SHOW GALLERY ... Read More
UPCOMING: Simpang Ampat / Great Marvel Sdn. Bhd.
Yet another new phase of landed residential development proposed by Great Marvel Sdn. Bhd. at Simpang Ampat. Located along Jalan Perdana, next to Casa Perdana (Phase 2B of Taman Perdana). It is just a stone's throw away from Simpang Ampat Small Medium Industrial Park, about 10 minutes drive from Bukit Tambun ... Read More
Gurney Wharf scheduled to open in stages by end of next year
Construction works of several components are scheduled to begin in Gurney Wharf by middle of next month. Penang Local Government, Housing, Town and Country Planning Committee chairman Jagdeep Singh Deo said the state government looked forward to the groundbreaking ceremony. “There are several components that need to be worked on, ... Read More
Property prices will rise next year as construction materials become more expensive
Homebuyers and investors should buy now because property prices are expected to rise next year due to higher building material costs in most building categories, according to Knight Frank Malaysia deputy managing director Keith Ooi. Ooi said, rising material costs will eventually have a trickle-down effect on selling prices. "Any ... Read More
PDC is planning for two more GBS buildings in the state
The Penang Development Corporation (PDC) is planning to set up two more Global Business Services (GBS) buildings in the state to meet the growing needs of the GBS market. One of them will be located near the existing GBS@Mayang, while the other will be situated in the Bayan Lepas industrial area ... Read More
UPCOMING: Simpang Ampat / Tambun Indah Group
Yet another proposed serviced residence by Tambun Indah Group at Pearl City township in Simpang Ampat. Located along Persiaran Mutiara 8, this will be the third high-rise development within the vicinity of Pearl City. It is adjacent Palm Garden, just across the street from Pearl City Mall and GEM International School ... Read More
Kerjaya Prospek buys Batu Kawan land
Kerjaya Prospek Property Bhd’s wholly-owned subsidiary, Pixel Valley Sdn Bhd (PVSB), is acquiring a 1.97 hectares freehold land from Aspen Vision City Sdn Bhd (AVC) in Penang for RM27.57 million. In a filing with Bursa Malaysia today, it said PVSB has entered into a purchase and development agreement with AVC ... Read More
SITE PROGRESS: Nusacinta @ Setia Fontaines (Dec 2021)
About Nusacinta @ Setia Fontaines The second residential component to be launched in the 1,675-acre Setia Fontaines master-planned township development by SP Setia. This will be the first gated residential precinct located next to the 63-acre man-made lake with a musical fountain. It comprises a total of 294 landed residential units, offering a few types of landed houses ... Read More
Land reclamation can be a good thing
Despite the bad press and claims by non-governmental organisations that Penangites are generally against reclamation projects, many people and local businesses have benefited from such developments. Reclamation projects have given locals a place to call home and access to important infrastructure, and businesses new opportunities that generate new economic activities ... Read More
JHM and QES spread their wings to Batu Kawan Industrial Park
The Batu Kawan Industrial Park (BKIP) in south Seberang Perai, which is poised to be the next ‘Silicon Valley of the East’ after Bayan Lepas Free Industrial Zone (FIZ), continues to attract an influx of investments and job creations from local corporations. Two public-listed large local companies (LLCs), namely JHM ... Read More
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