While the property market in Malaysia may be subdued, Penang is still generating interests among buyers and potential investors. Raine & Horne Malaysia senior partner Michael Geh says: “Although sentiment is generally cautious, both interest and transactions within the Penang property market is ‘still active’.” “In the primary market, there ... Read More

The first 520 of the 22,512 affordable housing units planned by the present Penang state government are nearing completion. State Local Government Committee chairman Chow Kon Yeow said the units were being built under the 6.4ha first phase of a Penang Development Corporation (PDC) project in Bandar Cassia. The development, ... Read More

* By Bernama * Despite already having two bridges connecting Penang Island and Seberang Perai, the DAP-led state government is pushing for a third bridge, and now waiting for the federal government's approval to build it. The state government's initial proposal was to build an undersea tunnel linking Gurney Drive ... Read More

The proposed cable car system for Penang, which is part of the ambitious RM27bil Penang Transport Master Plan (PTMP), has been rejected by the Federal Government. Transport Minister Datuk Seri Liow Tiong Lai said the state government has been informed of the decision. He said the decision was made as ... Read More

An upcoming affordable housing development in Penang mainland by Excel Focus Properties Sdn. Bhd. Strategically located within the established township of Seberang Jaya, only about 500 meters away from Butterworth-Kulim Expressway. Neighboring communities include Taman Naluri, Taman Naluri Ria and Taman Janggus Jaya. The proposed development will offers 2 blocks ... Read More

The Penang Is­­land City Council (MBPP) is going ahead with the road widening pro­ject in Jalan Masjid Negeri, requiring 16 trees to be transplanted elsewhere by end of next month. Its traffic engineer Zainuddin Mohamad Shariff said the contractor assigned to transplant the trees had been asked to file the ... Read More

In Malaysia, there are an overwhelming number of new home owners. According to the survey, among the top 5 reasons on why people invest in properties are to get higher yields on rentals (56%), for good capital appreciation (55%), for retirement planning (46%), for a better environment (46%) and to ... Read More

The Betong Orchard, a small residential development by Ken Link Capital Development in Balik Pulau. Comprises eight units of 3-storey semi-detached houses with build-up area starting from 2,700 sq.ft. onward. This development is located along Jalan Pulau Betong, right opposite the police station. Project Name: The Betong Orchard Location : ... Read More

The Retreat Condominium, a high-rise development by Techware Enterprise Sdn. Bhd. at Bukit Mertajam. It is strategically located Off Jalan Indah, just a mere minutes drive away from Maju Jaya Business Center. This development offers a 27-storey residential tower with 112 condominium units. Indicative price starts from RM478,000 onward. Property Project : The Retreat Condominium ... Read More

The artsy vibe of Penang has generated renewed interest among locals and tourists. It’s hard to resist the old-world charm that Penang has to offer. From the quaint boutique hotels along Armenian Street to the Peranakan shophouses, time appears to have stood still on this island that is home to ... Read More