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Lam Research opening its largest manufacturing plant at Batu Kawan
Chief Minister Chow Kon Yeow today congratulated Lam Research Corporation on the official opening of its latest and largest manufacturing facility in Batu Kawan, the first wafer fabrication equipment maker to have set up their business with a manufacturing plant in Malaysia. The corporation has invested RM1 billion in its new ... Read More
Elvina @ Balik Pulau
Elvina @ Balik Pulau, a small landed residential development by JKP Sdn. Bhd. at Balik Pulau. Located on 1.9 acres are land along Jalan Sungai Nipah 2, adjacent to Balik Pulau Vocational College. It is about 3km from Balik Pulau Town Centre, within 30 minutes drive to Bayan Lepas Free Industrial Zone ... Read More
Underpass in Gelugor to close for maintenance
The Udini underpass in Gelugor, Penang, will be closed during certain hours for six days to undergo maintenance. Penang Island City Council said in a statement that the underpass between Jalan Masjid Negeri and Jalan Tunku Kudin would be off limits to all vehicles from Aug 14 to Aug 19 from ... Read More
UPCOMING: Sungai Bakap / Dutamas Warisan Sdn. Bhd.
Yet another proposed light industrial development at Valdor in Sungai Bakap. Undertaken by Dutamas Warisan Sdn. Bhd., the development will be located on a 22-acre land off Jalan Nafiri, adjacent to Nafiri @ Valdor light industrial scheme by GUH Realty Sdn. Bhd. It is only 5km to Batu Kawan Industrial Park, about ... Read More
South Korea’s Simmtech to invest RM507.6mil in factory at Batu Kawan
South Korean semiconductor giant, Simmtech Holdings Inc., has chosen Penang as the strategic location to build its ‘first in the region’ printed circuit board (PCB) and packaging substrate factory. Simmtech’s Phase One investment in Penang, through its subsidiary Sustio Sdn Bhd, is US$120 million (RM508 million). Simmtech Southeast Asia managing ... Read More
More homeowners selling property for cash flow
Malaysia’s property supply growth in the market spiked by 34.53 per cent year-on-year (YoY) and 11.94 per cent quarter-on-quarter (QoQ) in the second quarter of 2021 (Q2 2021), driven by more homeowners selling property for cash flow, according to PropertyGuru’s latest Malaysia Property Market Index (MPMI). In a statement, PropertyGuru ... Read More
UPCOMING: Kubang Semang / Primutiara Development Sdn. Bhd.
A newly proposed mixed development by Primutiara Development Sdn. Bhd. (a subsidiary of Oriental Max Group) at Ara Kuda. Located on 19.5 acres of land along Jalan Ara Kuda, immediately opposite Desa Ara Permai housing scheme by the same company. It is less than 2km away from Penang-Kedah border, about 13km to Kulim Hi-tech Park, ... Read More
Peacock Eco Park is expected to be ready in Penang by December
The construction works of the first-ever aviary or a mini zoo in Penang that specialises in raising peacock is expected to be completed in December this year. Known as Peacock Echo Park, it is located at Taman Kimsar in Prai. Seberang Perai City Council (MBSP) councillor David Marshel said once ... Read More
Property prices not necessarily be affordable post-Covid
Property prices might not necessarily be more affordable post-Covid-19 due to market changes and wage growth, the housing minister said. Housing and Local Government Minister Datuk Zuraida Kamaruddin said the economic crisis brought on by the Covid19 pandemic saw the housing market, labour and financial sectors going through adjustments. As a ... Read More
Developers can now operate during Phase 1 & 2 of NRP
Housing developers will be allowed to operate under Phase 1 and Phase 2 of the national recovery plan effective immediately. In a statement today, the housing and local government ministry said this is applicable to housing developers which have valid housing development licences and advertisement and sales permits (APDL) under ... Read More
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