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Penang Transport Master Plan a strong catalyst
Construction companies and property developers with exposure to Penang are set to benefit tremendously from the extensive development in the state. According to TA Research, the Penang Transport Master Plan (PTMP) could be a strong growth catalyst for both the construction and property development sectors in the country. With various ... Read More
Rent-to-Own scheme to be expanded to allow B40, M40 groups to own homes
The government will expand the Rent-to-Own scheme to enable more people from the B40 and M40 groups to own homes. Local Government Development (KPKT) Minister Nga Kor Ming (pix) said cooperation with financial institutions will be continued to provide attractive and sustainable housing financing packages. “The ministry (KPKT) through PR1MA ... Read More
Sedusun Tech Valley to receive RM50 million boost
Sedusun Tech Valley, which is set to be a new agrotourism centre in Relau, on Penang island, is set to receive a RM50 million boost from the Economy Ministry. The Sedusun Tech Valley project is one of the Penang government's strategic projects, in collaboration with the Northern Coridor Implementation Authority ... Read More
Queens Residences Q3
Queens Residences Q3 is the third phase of the Queens Waterfront development by Ideal Property Group, situated near Queensbay in Penang. Positioned strategically on reclaimed seafront land directly opposite Queensbay Mall, it's an expansion of the successful Q1 and Q2 projects, which currently command prices exceeding RM1,000 per square foot ... Read More
Ideal Property Group expands Penang Technology Park @Bertam with Zestron Precision Cleaning
Ideal Property Group, a leading real estate developer, is delighted to announce a significant development in the expansion of Penang Technology Park @ Bertam, as it signs a Sale and Purchase Agreement (“SPA”) with Zestron Precision Cleaning Sdn. Bhd. This partnership marks a momentous step forward for both companies and ... Read More
Experience the thrill of driving BMW iX1 with Paramount Property
Experience the thrill of driving BMW iX1 with Paramount Property at BMW Tian Siang Butterworth Showroom! While you are at it, you are welcome to explore the showrooms of Savana and Paramount Palmera. Love it? Then grab the opportunity to own your perfect home, or make your golden investment 👀✨ Mark your calendar! ... Read More
Build-then-sell housing delivery system to heal ‘sick’ projects
The Ministry of Local Government Development (KPKT) plans to implement a build-then-sell (BTS) housing delivery system rather than a sell-then-build (STB) delivery system next year, to reduce the number of “sick” or delayed housing projects. KPKT Minister Nga Kor Ming said the ministry will work together with the Real Estate ... Read More
Penang International Aiport expansion to start next year
The expansion of Penang International Airport (PIA) is expected to take place in the third quarter of 2024. State Tourism and Creative Economy Committee chairman Wong Hon Wai said the expansion would take about four years to complete. “The next Visit Malaysia Year has been set for 2026 and it ... Read More
Temporary bicycle lane opens
Cyclists are happy that a temporary lane leading to Karpal Singh Drive has been opened along Tun Dr Lim Chong Eu Expressway in Penang. IJM Land northern region general manager Goh Su Yin said the 1km-long lane was to replace the bicycle lane which had to be removed to widen ... Read More
SITE PROGRESS: Granito @ Permai (Oct 2023) – Completed
About Granito @ Permai An affordable housing development by BSG Property in Tanjung Bungah, Penang. It is strategically located next to TAR College, adjacent to 2 Permai luxury residential scheme. This development featuring a 50-storey building with two residential towers and 12 levels of car park. There are 980 units ... Read More
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- The proposed under ground tunnel again is 1 in 1 out mini road design, when...ALAN CHUNG on RM33mil Mount Erskine underpass targets 2030 Completion
- @Fion The Meg is the best entry project in Andaman. It's a luxury condominium at...Hemsley on No bidders for RM313.6 million Gurney Drive land auction
- My niece just rent a gurney view super tiny unit at the meg for RM1800,...Fion on No bidders for RM313.6 million Gurney Drive land auction
- @Eric Q4 1 Office tower 1 Marriott 5 Star Hotel 1 Super condo (5000sqf++ &...Wilson on Marriott Residences Queens Waterfront
- Is Marriott Residences Queens Waterfront a part of Q4? I am quite confused about it...Eric on Marriott Residences Queens Waterfront
- @Jun Which project? Don't simply judge by cover. Gurney is a super prime location &...Hemsley on No bidders for RM313.6 million Gurney Drive land auction
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