The Penang Development Corporation building will be demolished to make way for a Business Process Outsourcing (BPO) Prime project. The project will be undertaken by a joint-venture company, formed by the Penang Development Corporation (PDC) and Temasek, in which PDC will take up a 51% stake. InvestPenang director Datuk Lee ... Read More

Casa Residence, another high rise development along the ever bustling Jalan Song Ban Kheng in Bukit Mertajam. It is strategically located in the center of commercial district, and it is only 10 minutes drive from Penang bridge. A few well regarded primary and secondary schools are also within a short drive ... Read More

GEMS Education, the world’s largest kindergarten to secondary education group, will open a RM55mil international school in Bandar Tasek Mutiara in Simpang Ampat near Bukit Mertajam, Penang. The Gems International School of Pearl City is a project undertaken by Gems Education and its local partner Maju Holdings Sdn Bhd via ... Read More

This seminar is FREE to the public! As part of GM Training Academy's corporate social responsibility (CSR), the company will be organizing My First Home seminar in Penang. As a first time purchaser, normally you will have more questions than answers….. Where to buy? How to buy? What is the ... Read More

The Penang state government has endorsed Eastern & Oriental Bhd’s (E&O) masterplan for the second phase of its Seri Tanjung Pinang (STP) project. In its filing with Bursa Malaysia, E&O said its subsidiary Tanjung Pinang Development Sdn Bhd was notified yesterday that its masterplan for STP phase two had been ... Read More

With a landbank of 1,793.97ha and total gross development value (GDV) of RM43.52bil, Eco World Development Group Bhd offers a wide range of residential, commercial and industrial products with thoughtful architecture and sustainability elements. Its current projects are mainly located in the Klang Valley, Iskandar region, and Penang. In the ... Read More

In a move to further curb property speculation, developers who sell more than four residential units to a single person or a company must now register the purchaser with the housing controller within 14 days of the sale-and-purchase (S&P) agreement being signed. This new requirement is expected to improve transparency ... Read More

Taman Perkasa Jaya, strategically located within the established township of Raja Uda in Butterworth, Penang. Easily accessible via the bustling Jalan Raja Uda, in close proximity to schools, eateries and markets. This development comprises 16 units of 3-storey semi-detached and 2 units of bungalow houses with indicative price starting from RM938,000 onwards ... Read More

THE predictable announcement by Prime Minister Datuk Seri Najib Tun Razak on Oct 25, 2013 that the Goods and Services Tax (GST) will take effect from April 1, 2015, bundled with several other measures will certainly have an impact on the property market. Most property developers have started to feel ... Read More

The rise of new developments will transform the landscape of the Pearl of the Orient even more dramatically in the years to come. Penang has become one of the most sought-after areas for residential developments in recent years, thanks to the constantly improving transportation links, political stability, booming manufacturing sectors ... Read More