Eco World Development Group Bhd (EW Bhd) and the Employees Provident Fund Board (EPF) will jointly develop 375 acres of prime land in Batu Kawan, Penang into two townships. The combined gross development value of both townships is about RM7.76bil. EW Bhd, which had inked a conditional subscription and shareholders’ ... Read More

The Business Processing Outsourcing Prime (BPO Prime) and Penang International Technology Park (PITP) projects worth a combined RM11.3 billion, which involve the Penang Development Corp (PDC) and Singapore’s Temasek Holdings Private Ltd, have been deferred due to current property market conditions. The BPO Prime project with a gross development value ... Read More

Scots Pavilion, strategically located next to Scotland Road is another brainchild of M Summit Group offering a 22-storey condominium with 89 residential units. The project is assured to captivate you with its unique concept as it is intentionally designed to provide one-stop wellness destination comprising healthcare, therapy, healing, entertainment and ... Read More

BMT Jelas Sdn Bhd has started preliminary works for the proposed RM4.6bil expressway that will connect Jelapang in Ipoh to Batu Kawan in Penang. The 116 km expressway, named Jelapang-Selama-Batu Kawan Expressway (Jelas), is anticipated to be completed within three years upon obtaining approval from the federal government. In a ... Read More

Homeownership has become easier after Projek Perumahan 1Malaysia (PR1MA) enlarged the eligibility pool. Prime Minister Datuk Seri Najib Abdul Razak said the income cap has been increased from RM10,000 to RM15,000 to allow more people to purchase their own homes. He said this was part of efforts to lower the ... Read More

Novus, an upcoming residential development by Prisma Bumiraya Sdn. Bhd. (Pearl Ocean) at Sungai Nibong, Penang. It is strategically located near Gerbang Bukit Kecil 2, adjacent to Kristal Court Townhouse and Kristal Villa. The proposed development comprises single block of 44-storey condominium, offering 273 residential units with built-up area ranging ... Read More

IKEA Penang will be the forth IKEA store in Malaysia and the second one outside of Klang Valley after Johor Bahru. Located in Batu Kawan, the construction of the new IKEA store is scheduled to start in early this year and to complete by late 2018. Despite an official announcement was done ... Read More

Hunza and Ideal to come up with RM13bil schemes The south-west district of Penang island will attract RM20bil worth of new residential and commercial projects over the next five to 10 years. About RM13bil worth of projects are new ones planned by Hunza Properties Bhd and Ideal Property Sdn Bhd, ... Read More

Work on the alternative road linking Lebuhraya Thean Teik in Bandar Baru Air Itam to Lebuh Bukit Jambul in Penang is progressing on schedule. The 6km-long paired road via Jalan Bukit Kukus is 27.5% complete, said state Local Government, Traffic Management and Flood Mitigation Committee chairman Chow Kon Yeow. “The ... Read More

Westlite Juru, another proposed workers village in mainland Penang, also undertaken by Westlite Dormitory (Juru) Sdn Bhd. The proposed housing is well located along the major thoroughfare of Jalan Juru in the Central District of Wellesley. It provides easy access to the Penang Bridge as well as established industrial parks ... Read More