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Property sector improved in 2022 but high material cost and labour shortage remain a concern
The real estate sector saw improvement both in terms of transactions and value this year compared with 2021, supported mainly by the resumption of economic activities across the board and the reopening of the country's international borders. The National Property Information Centre (NAPIC), which comes under the Valuation and Property ... Read More
SAVANA @ Utropolis Batu Kawan Christmas Event 2022
Season's Greetings from Paramount Property! Come celebrate a joyous Christmas with Paramount on the 10th & 11th of December 2022 at the new SAVANA show unit ... Read More
Setia Miracca
Setia Mericca, an affordable housing development by Kay Pride Sdn. Bhd. (a subsidiary of S P Setia) near Bayan Lepas. Strategically located on 2.7 acres of land along Jalan Teluk Kumbar, next to Pavilion Resort condominium. This development is just a stone's throw away from Penang International Airport with an ... Read More
SJKC Kuang Yu broke ground on new campus at Batu Kawan
The groundbreaking ceremony of primary school SRJK (C) Kuang Yu in Batu Kawan has made it into the Malaysia Book of Records after 500 people took part in the ceremony yesterday morning. The primary school, which has 88 years of history, is being relocated to Batu Kawan from Kuala Muda, Penaga. Bukit ... Read More
Micron Technology to invest RM4.4bil on 2nd factory in Penang
Strong market demand will continue to underpin Micron Technology Inc’s operations in Malaysia along with its increased factory space in Penang of 1.5 million square feet. Chief executive officer Sanjay Mehrotra said the United States-based computer memory and computer data storage producer has invested US$1 billion in its operations here ... Read More
PIA new multistorey carpark is expected to open March 2023
Parking woes at the Penang International Airport (PIA) will be a thing of the past as its multistorey carpark is expected to open next March. The 2,200-bay covered carpark will be able to cater to the needs of travellers who can now leave their vehicles at the airport when heading out ... Read More
Savana @ Utropolis
Savana @ Utropolis is the fourth phase of Paramount Property's Utropolis development at Batu Kawan. Located along Jalan Cassia Barat 2, adjacent to Sensasi and Sinaran Residences. It is less than 5 minutes' walking distance to Design Village outlet mall and UOW MALAYSIA KDU Penang University College, with easy access to ... Read More
Consumers, experts choose the Gold Standard of real estate at the 9th PropertyGuru Asia Awards Malaysia in partnership with iProperty
PropertyGuru Group, Southeast Asia’s leading PropTech company, yesterday unveiled the winners of the 9th PropertyGuru Asia Awards Malaysia in partnership with iProperty.com.my, supported by Kohler and Desjoyaux Pools. The gala celebration, held at The Majestic Hotel Kuala Lumpur, the official venue of the Awards, presented the nation’s finest developers and projects across ... Read More
SITE PROGRESS: Lucerne Residences (Nov 2022)
About Lucerne Residences The final phase of residential development by Ideal Property Group at Ideal Vision Park in Bayan Lepas. It is just a short drive to Penang International Airport, 10 minutes walking distance to Straits International School. The project will see two blocks of 36-storey skyscrapers featuring a European living concept. It offers 480 ... Read More
What is Rumah Mesra Rakyat (RMR) program?
Rumah Mesra Rakyat (RMR) is a program established by SPNB to help those with household income below RM 3,000, who do not have a house or live in dilapidated houses but have land to build their own home. In Budget 2023, Finance Minister said the RMR program will involve the ... Read More
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			Latest Projects
TODAY'S MOST READ
RECENT COMMENTS
- Strategic location, affordable. If the concept/ layout is learning from other Skyworld project at KL,...Khoo SK on SkyWorld Pearlmont
 - Hi, could you please share more details about this project? ...SM on PROPOSED: 982-unit affordable housing development in Air Itam
 - @Tomb Stone View agree, unlike Zen which is modern and classy design ...LL on SITE PROGRESS: Terraces Condominium (Oct 2025)
 - @David Teh Concern on maintenance fee? Come on man. Just merely few cent. concern is...Xiao Zhi on Maris @ Andaman Island
 - Hi sir, do you know the monthly maintenance charges per sq foot basis for Maris...David Teh on Maris @ Andaman Island
 - got showroom? ...666 on Bayan Suite
 - miaowww?? ...Joe Blow on Penang Plans New CAT Bridge Bus Link Between Island and Mainland
 - What is a CAT bridge???? ...Joe Blow on Penang Plans New CAT Bridge Bus Link Between Island and Mainland
 - Design from the 90's, top is empty kosong ...Tomb Stone View on SITE PROGRESS: Terraces Condominium (Oct 2025)
 - @vivian What a BS comment here. Actual transaction price here is 2nd hand market. Developer...Xiao Zhi on 5 Things to Consider When Investing in Your 1st Affordable Home in Penang
 
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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
 
