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Penang’s second bridge boosts land prices
Penang’s property prices have risen by quite a bit since the mid-2000s although the appreciation in prices has been limited to several popular locations on Penang island, particularly George Town. However, since the second bridge project was announced in 2007, vacant land prices on both ends of the bridge, which ... Read More
Car cap for low-cost housing applicants
Those owning many cars may not be eligible to apply for low-cost and low medium-cost housing if Penang enforces such a ruling. The state is mulling the idea of placing this restriction on those applying for such dwellings as those who can afford to own many vehicles should not be ... Read More
Scarlet Villa
Scarlet Villa, strategically located along Jalan Baru in Pari and is within close proximity to major amenities such as Polytechnic, eateries and hypermarkets. Another development by UDA Land that set a new benchmark in mainland with an indicative price of more than RM850,000 for a 3-storey terrace house. 3-storey bungalow ... Read More
Arcaria @ Taman Pauh Jaya
Arcaria, located in the vicinity of Taman Pauh Jaya in Prai, Penang. This is a development by UDA Land, comprises 3-storey bungalow, semi-detached and terrace houses. It is close to Jalan Baru, with easy access to eateries, hypermarket, schools and major expressways. 3-storey bungalow Total Units: 1 Indicative Price: RM 2,500,000 ... Read More
Real estate seen booming in Batu Kawan
Batu Kawan, which was once a quiet backwater in Penang, will see its real estate booming because of new developments and the opening of Second Penang bridge, says property analysts. They expect more medium to high-end residential and commercial projects from developers, and prices to move up gradually. Currently, besides ... Read More
IKEA to open outlet in Penang
Popular Swedish home furnishing store Ikea Store will be opening its first outlet in Penang with groundwork expected to commence by end of the year or early next year. In announcing this, Penang Chief Minister, Lim Guan Eng said the Ikano Pte Ltd, the franchisee for Ikea in Malaysia, Singapore and ... Read More
SeventyNine Residence
SeventyNine Residence, an upcoming condominium development by Airmas Group located along Jalan Song Ban Kheng, Bukit Mertajam. This project comprises 148 residential units with full facilities, neighboring with some established residential, eateries and schools. It is less than 10 minutes drive to Penang bridge via Jalan Song Ban Kheng, a ... Read More
Urban Suites
Urban Suites, a mixed development by Aspen Vintage Sdn. Bhd. (Cosmopolitan Homes) in the established township of Jelutong, Penang. It is easily accessible via Tun Dr Lim Chong Eu Expressway and surrounded by abundance of amenities. Urban Suites comprises two 42-storey towers, featuring 596 units of commercial suites. Everything about Urban Suites, from its linear shapes, ... Read More
Bukit Residence
Bukit Residence, a gated and guarded residential development by Tambun Indah in Bukit Mertajam, Penang. This gated scheme is strategically located next to the bustling Jalan Song Ban Kheng, in close proximity to schools, eateries and markets. This project comprises 122 units of 2 & 3-storey terrace houses with price ... Read More
The Top 5 Developments in 2013
Best wishes for a happy and prosperous 2014! We hope you've enjoyed keeping yourself updated with Penang's property development this past year. With your continued support and contribution, PenangPropertyTalk.com has attracted more than 1 million visits from 255 thousands unique visitors in 2013. While we are excited to see more ... Read More
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