Opening in 2019, IKEA Batu Kawan will become the fourth IKEA store in Malaysia, with two in Klang Valley and another in Johor Bahru, Tebrau. This new store promises to satisfy Penangites’ hunger for affordable home furnishings – and those famous Swedish meatballs! Here is a quick update on IKEA ... Read More

A proposed luxury development in the centre of George Town by Green City Garden Development Sdn. Bhd. Strategically located on a half acre land along Macalister Road, adjacent to the People's Movement Party headquarter building in Penang. It is only 2km away from KOMTAR, under 15 minutes drive to Penang Bridge. This luxury ... Read More

The Dew, yet another affordable housing development by PLB Land at Paya Terubong. Located along Tingkat Paya Terubong 4, between Taman Suria Vista and Majestic Heights. This is just a stone's throw away from The Stone affordable housing by the same company, about 3km away from Bandar Baru Air Itam ... Read More

A proposed commercial development by Frasers Sunrise Sdn. Bhd. at Alma, Bukit Mertajam. Located off Jalan Rozhan, next to Santuari Commercial Centre by Airmas Group. AEON Mall and Tesco hypermarket is only 5 minutes drive away. This development comprises a 4-storey commercial building and 38 units of 3-storey semi-detached shop ... Read More

The property market in Penang is expected to contract by at least 10% this year compared with 5% in 2017 as a result of the overnight policy rate (OPR) been raised by 25 basis points to 3.25%. “You can argue that it is not a lot. If wages increase correspondingly ... Read More

The Skyline, yet another residential development by PLB Land at Paya Terubong. Part of the Skynet City township development located along Jalan Paya Terubong. It is adjacent to Majestic Heights, just a stone's throw away from the new 6km-long paired road (under construction) via Jalan Bukit Kukus. This development will ... Read More

A proposed residential development by Park Avenue Construction Sdn Bhd (a wholly owned subsidiary of Atta Global Group) at Butterworth, Penang. Strategically located along the ever-bustling Jalan Raja Uda, Adjacent to the Elements Garden by Oriental Max Group. It is about 15 minutes drive from Penang Bridge. This development comprises a ... Read More

Taman Slim Jaya, a low-density mixed development by Asiamas Housing at Jelutong, Penang. Strategically located along Jalan Slim, just a stone's throw away from Setia Sky Ville development scheme by S P Setia.  It is only mere minutes drive to various high schools, namely Heng Ee secondary school, Penang Free School and Han ... Read More

Atta Global Group Bhd is acquiring property development company Sungguh Gemilang Development Sdn Bhd for RM12 million. In a filing with Bursa Malaysia today, the metal recycler and trader of metal related products said the proposed acquisition is a strategic move in line with its proposed diversification into property development ... Read More

* Article by Freemen * Following news reports on the decrease of transaction volume in the property market, many experts have been citing drops of it not only in Kuala Lumpur, but Penang as well. Penang is a state by itself, but the island and mainland have both very different ... Read More