The Korean wave will hit Penang when a mini Korean town is set up at the Penang Times Square this year. Jaebok Holdings Sdn Bhd chairman Lee Jonggi said Phase Two of Penang Times Square would have some 150 retail lots opening up within six months. “We’re now in discussion ... Read More

Alila 2, a luxury condominium development by Hunza Group in Tanjung Bungah. It rest on a hill above the hustle and bustle of Penang Island, yet close enough to Batu Ferringhi, international schools, medical facilities, retail outlets and eateries. This development featuring two 33/34-storey towers with 270 residential units. Property ... Read More

With property prices soaring in Penang, the shortage of affordable housing remains a huge concern for people in the state. Despite the move by the state government with the Penang Development Corporation (PDC) to initiate several projects which will deliver more than 22,000 units of affordable housing in the next ... Read More

An upcoming affordable housing development by Ideal Property Group in Tanjung Tokong, Penang. The piece of land which was previously planned for a 988-units condominium project (i-Santorini @ Tanjung Pinang) is now being re-purposed for i-Condo affordable housing. The new development plan comprises two parcels: Parcel 1: 2 blocks of ... Read More

In the first two parts, we had looked at development practices and the open space policy in the Klang Valley area, where demand for new properties is making land even more scarce. Today, we look at the issue of determining the limits to development, and in Penang island's case, how ... Read More

Artis 3, a residential development by Airmas Group, within the Jelutong township in Penang. This development is strategically located along Jalan Jelutong, next to Altus SOHO commercial suites. The development consists of the following: Four blocks of condominium with recreational area and 8 levels of multi-storey car park Block A: ... Read More

Jiran Residensi, an affordable housing development by Penang Development Corporation in Butterworth, Penang. It is strategically located along Jalan Bagan Baru 1, only a short drive away from St. Mark’s primary school. This development comprises 354 affordable units with size ranging from two difference sizes – 850 sq.ft. and 1,000 sq.ft ... Read More

One Foresta, the first i-Condo affordable housing by Ideal Property Group in Bayan Lepas, Penang. It is strategically located along Lengkok Kelicap, only a few minutes away from Penang Internation Airport, It is just a stone's throw away from Setia Pearl Island housing scheme. The residential component comprises 4 blocks of ... Read More

i-Condo, an affordable housing initiative by Ideal Property Group in Penang. Offering 5 strategic freehold location choices, surrounded by good mix of schools, financial institutions and healthcare facilities. The first parcel of this affordable housing initiative is offering units with a build-up area of 900 sq.ft., including 3 bedrooms and ... Read More

Penang’s controversial high density housing policy may be removed in future once the state has enough affordable homes, said state executive councillor Chow Kon Yeow. The local government and traffic management committee chairman said the policy, which allows developers to build more units per acre, will end once there is ... Read More