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BNM to keep interest rates at record low
Bank Negara Malaysia has decided to maintain the Overnight Policy Rate (OPR) at 1.75 per cent, after concluding its Monetary Policy Committee (MPC) meeting today. In a statement today, the MPC considered the stance of monetary policy to be "appropriate and accommodative". It added that fiscal and financial measures would ... Read More

Commercial properties for RENT/SALE in Bayan Baru
If you are looking to establish your business in Bayan Baru, PDC is currently offering numerous attractive retail shoplots for rent/sale at The One which consists of three different ranges of commercial shoplots known as 1-World, 1-Sky and 1-Square. Located along Jalan Mahsuri at the heart of the Bayan Baru township ... Read More

Titijaya Land and PDC to develop Medi-Tech City in Batu Kawan
Titijaya Land Bhd and Penang Development Corp (PDC) have signed a memorandum of understanding (MoU) for the development of a RM9.9 billion Medi-Tech City occupying a 230-acre land in Batu Kawan, Penang. This project is expected to complete in 10 years. Medi-Tech City is earmarked to be an integrated, sustainable ... Read More

Lucerne Residences
Lucerne Residences, yet another project in Ideal Vision Park by Ideal Property Group in Bayan Lepas, Penang. Strategically located along Jalan Tun Dr. Awang, adjacent to The Amarene condominium. It is just a short drive to Penang International Airport, 10 minuets walking distance to Straits International School. That completes the IVP development ... Read More

SITE PROGRESS: GEM Residences (Jan 2022)
About GEM Residences GEM Residences, a commercial development by Belleview Group at Prai, Penang. It is part of the company's 6 hectares mixed development along Jalan Baru, diagonally opposite Megamall Penang. Next to it will be the upcoming largest mall in the northern region - GEM Mall, the tenant mix include ... Read More

OSK Property to Launch Rubica, a Low-Density Serviced Apartment for First Time Home Buyers
OSK Property is launching a new development at Harbour Place - Rubica, a serviced suite apartment at Jalan Assumption near the famous Jalan Chain Ferry and Jalan Raja Uda. Soaring at 34-level high, the apartment is just a stone’s throw away from Luminari, Butterworth’s most iconic masterpiece, which is awarded ... Read More

Penang’s Bukit Kukus bypass road finally opens
The Bukit Kukus bypass road here that was the site of a fatal landslide in 2018 was finally opened to traffic today. Part of the 3.8km Paya Terubong Paired Road project, it promises to cut down travel time between Air Itam and Relau from the current 20 to 30 minutes ... Read More

UPCOMING: Teluk Kumbar / Goldmerits Development Sdn. Bhd.
A newly proposed mixed development with wellness home concept by Goldmerits Development Sdn. Bhd. at Teluk Kumbar. It is located off Jalan Teluk Kumbar, less than 5 minutes drive from Penang International Airport. Surrounding communities include Valencia Residence, Emerald Residence, Platinum III, D'zone Condominium, Prestige Heights and a few others. This development ... Read More

Work on Cecil Residency progressing smoothly
Construction works at Cecil Residency, a low medium-cost housing project located in the heart of George Town, is currently ongoing and is expected to be completed by early 2024, state Housing, Local Government, Town and Country Planning Committee chairman Jagdeep Singh Deo said. The project, which is fully funded by the ... Read More

Ferringhi Hills
Ferringhi Hills, a landed residential development by Seni Bahagia Sdn. Bhd. within the established township of Batu Ferringhi. It is located along Persiaran Sungai Emas 1, only 10 minutes walk to Ferringhi Beach. Neighbouring upscale housing schemes include Ferringhi Park, Pearl Residences, Ferringhi Residence 1 & 2, The Marin and a few others. This ... Read More
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- @Millionaire I doubt a millionaire will stay in an apartment at Perak lane, definitely is...millionaire on Twin Star
- What's the take up rate of this condominium? ...PPbee123 on The Lume @ Andaman Island
- @LOL Pier ...LL on Merione Grand
- Merione Grand vs Stark Tower vs Exsim project, which is better? ...LOL on Merione Grand
- I think Penang is in dire need of proper CBD infrastructure. Too many people doing...Irwin on Penang undersea tunnel still a key solution to traffic woes
- @Hee Chan Location of Twin is very strategy with all amelities available within walking distance....Millionaire on Twin Star
- Basically the project is way overpriced, they got more than enough allowance to pay for...Hee Chan on Twin Star
- @Ryu More like the developer is in panic mode losing to The Cube, and is...Hee Chan on Twin Star
- @Goppal Memorable but not put to good use anyway. Not like they turn it into...Islander on Iconic Boon Siew Villa demolished for luxury residential project
- @Hee Chan Quite unlikely, it is almost 4% of the sales price already. I truly...Floyd on Twin Star
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- Penang Arts District
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