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Groundbreaking for affordable housing project in Simpang Ampat
GUH Development Sdn. Bhd. will build a block of 20-storey flats consisting of 208 units of Affordable Housing (RMM) Type A or Low Cost (LC for RM42,000 each on a 2.3-acre open land next to Jamek Al-Ihsaniah Mosque in Simpang Ampat. During the groundbreaking ceremony yesterday, caretaker Chief Minister, Y.A.B ... Read More
SITE PROGRESS: Lucerne Residences (July 2023)
About Lucerne Residences The final phase of residential development by Ideal Property Group at Ideal Vision Park in Bayan Lepas. It is just a short drive to Penang International Airport, 10 minutes walking distance to Straits International School. The project will see two blocks of 36-storey skyscrapers featuring a European living concept. It offers 480 ... Read More
Owners of more than one home may consider selling on the possibility of another OPR hike
Borrowers may have gotten a reprieve from Bank Negara Malaysia's (BNM) decision to keep the overnight policy rate (OPR) at 3 per cent, but the possibility of another rate hike this year is making some borrowers with more than one property, think of selling. "I had to start paying an ... Read More
AFFORDABLE: Balik Pulau / MTT Properties & Development Sdn. Bhd.
Newly proposed affordable housing development by MTT Properties & Development Sdn. Bhd. in Balik Pulau. Located near Jalan Sungai Air Putih, allowing for a convenient short walk to Botanica CT Centre. Additionally, residents will also find other amenities such as Prince of Wales Island International School and Botanica Park within ... Read More
Penang’s new ferries to begin service next month
Social media has been abuzz since Wednesday with news about the arrival of four new Penang ferries here. At a cost of RM18 million each, the four new ferries will be used to carry pedestrians and two-wheelers. Speaking to the New Straits Times today, Penang Port Sdn Bhd (PPSB) chief executive ... Read More
Bank Negara Malaysia maintains OPR at 3%
At its meeting today, the Monetary Policy Committee (MPC) of Bank Negara Malaysia has decided to maintain the Overnight Policy Rate (OPR) at 3% amid global economic challenges. The committee noted that despite the expansion of the global economy driven by resilient domestic demand and strong labour market conditions, global ... Read More
First batch of Foreshore Residence affordable home applicants receive offer letter
The Foreshore Residence affordable housing project is expected to reach completion by 2026. The development aims to offer 482 affordable housing units ranging in size from 800 to 900sq.ft., along with 321 low-medium cost housing units with a built-up area of 700sq.ft. During the offer letter handover ceremony held at ... Read More
Cassia Cempaka
Cassia Cempaka, a landed residential development by PDC Properties Sdn. Bhd. in Bandar Cassia. Strategically located along Jalan Batu Kawan, neighboring Batu Kawan Police Station and Fire & Rescue Station. It is about 5km to IKEA, and less than 10 minute's drive to Penang Second Bridge and Batu Kawan Industrial Park ... Read More
Top 10 Most Popular Projects in 1H 2023
Here we go again with our top 10 most popular projects in the first half of 2023. This list represents the developments that have captured the most attention and interest from our visitors, based on their page views. A notable observation is that seven out of the ten projects listed are ... Read More
First phase of Gurney Bay expected to open to public this month
Situated next to the fringe of Gurney Drive, the Gurney Bay project (formerly known as Gurney Wharf) is transforming into an enchanting seafront public park. The project, scheduled to be completed in 2025, seems to come to life with each passing day. Caretaker Penang Local Government, Housing, Town and Country Planning ... Read More
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TODAY'S MOST READ
RECENT COMMENTS
- @Minion Because we still haven't break the 4M mark. Will reach there in a year...LL on Top 5 Most Expensive Residential Properties Sold in Penang in 2025
- please send the details & pricing of the property. Thanks ... ...ZURIATI OSMAN on UPCOMING: Prai / Concrete Idea Sdn. Bhd.
- Why don't have taman bayu mutiara (BM area) record at all? ...Tim on All Penang Projects
- please send the details & pricing of the property. Thanks ...MZ on PROPOSED: 531-unit affordable housing at Sungai Nibong
- Please send the detail of the price inclusing the price ...MZ on PROPOSED: 982-unit affordable housing development in Air Itam
- Why the Zen & Quaywest not in the list? ...Minion on Top 5 Most Expensive Residential Properties Sold in Penang in 2025
- @Minion 300k starting. Very nice affordable housing scheme. ...Sunny day on Esenview Residences
- May I know if any plan for affordable housing in Queens waterfront such as empty...EngWah on SITE PROGRESS: Queens Residences 3 (Mar 2026)
- @Tan Wan Ping Nope, no showroom. Currently it's constructed to 11th-12th floor. ...CY on The Cube
- Affordable house shouldn't be discriminate. A successful township city plan, you need to balance up...millionaire on E&O to launch RM700mil waterfront commercial project at Andaman Island
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Latest Property News
OTHER DEVELOPMENTS
- Affordable Housing (Penang Island)
- Butterworth Arena
- Columbia Asia Medical Centre
- Eco-Tourism Hub @ Batu Kawan
- Escape Penang – Eco Theme Park
- GBS @ The Waterfront
- GBS by The Sea
- Gurney Wharf
- IKEA Batu Kawan
- Island Medical CIty
- Kobay Jelutong
- Lin Xiang Xiong Art Gallery
- Linear Waterfront
- Mitsui Outlet Park @ PIA
- One Auto Hub @ Batu Kawan
- Penang Arts District
- Penang Eastern Seafront Development
- Penang Medical & Digital Technology Hub
- Penang Premium Outlets (Design Village)
- Penang Sentral
- Penang South Islands
- Penang Transport Master Plan
- Penang Waterfront Convention Centre
- Penang World City
- PIA Expansion
- Silicon Island
- Teluk Bahang Wellness Resort
- The Ship Campus (ALC College)
- The Top @ Komtar
- Wellness City of Dreams
