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Penang plans coastal ferry transport
A coastal ferry service with multiple terminals to shuttle people and cars from one point on the island to another may become a reality by the next decade. This follows the willingness of the Penang Port Commission (PPC) to hand over ferry services to the state government. Sources in the ... Read More
10 Most Popular Projects in April 2015
As usual, half of the top 10 list are dominated by affordable housing projects with Ramah Pavilion being the most active one in April. Obviously, it's very happening at Ramah Ravilion. Many buyers have already received their offer and some started to apply for loan. Ramah Pavilion The Tamarind One ... Read More
Residential property market showing signs of recovery in 2014
The residential property market in Malaysia is showing signs of recovery last year after facing a dip in transactions from 2012. According to recently released figures by National Property Information Centre (NAPIC), the number of residential property transactions in Malaysia have increased from 246,225 units in 2013 to 247,251 units ... Read More
Abel Residence
Abel Residence, an upcoming gated and guarded housing scheme by Jayamas Property in Bukit Tengah, Penang. It is located next to Taman Sejati, easily accessible via Jalan Bukit Tengah. The newly open Starbuck drive-thru concept store at Icon City Commercial Hub is only a five-minutes walk away. This development comprises ... Read More
Penang property market, landed terrace most popular
by Charles Tan I have always been telling everyone that the reason until today I do not own a single unit of a landed property is because condo is the future. Landed would become so expensive that the current units and even future supply will not be so easily available ... Read More
PE Land’s Design Village on track for 2016 opening
The Design Village premium outlet mall development in Batu Kawan, Penang is on schedule for a Christmas 2016 opening, said PE Land (Penang) Sdn Bhd. Previously named Penang Designer Village, the name change is to reflect the collaborative design efforts of the mall, Savills Malaysia managing director and retail development adviser for the project ... Read More
AFFORDABLE: Balik Pulau / Exclusive Charm Sdn. Bhd.
A proposed affordable housing by Exclusive Charm Sdn. Bhd. along Jalan Sungai Rusa in Balik Pulau, Penang. It is located immediately opposite of Pinang Village housing scheme, next to SK Sungai Pinang. This development comprises a 30-storey building with 220 affordable units, and six units of shop lots. This project ... Read More
Perennial Real Estate, IJM Land to jointly develop Penang waterfront project
Perennial Real Estate Holdings Limited (PREH) announced on Tuesday (Apr 21) that it has entered into a joint venture to acquire a freehold waterfront site in Penang, Malaysia to be developed into a large-scale integrated mixed-use development. The 50-50 joint venture between the group’s Singapore-incorporated subsidiary Perennial Penang Pte Ltd ... Read More
Seberang Prai fast rising
The Penang state government is working on expanding the development of Batu Kawan, so that it can tap into the new infrastructure of South Seberang Prai. According to investPenang director Datuk Lee Kah Choon, there were 6,000 acres of land available for development in Batu Kawan with the second bridge ... Read More
Developer will revise building plans following complaints, says mayor
The developer of a proposed high-density development in Tanjung Bungah has agreed to reduce the number of storeys of the project’s two 49-storey buildings. Penang Island City Council mayor Datuk Patahiyah Ismail said the developer verbally agreed to revise the building plans after she conveyed the concerns of the residents ... Read More
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