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20 Most Active Projects in Penang (Jan – July 2022)
After nearly two years of lockdowns and travel restrictions, the buying interest in Penang property is seen rebounding amid the improving economy. According to our web traffic analytics, PenangPropertyTalk.com has recorded a total of over 2 million pageviews in the first 7 months of 2022, an increase of approximately 18% from 1.69 million ... Read More
Affordable housing @ Permatang Pauh
An affordable housing development by Spirit of Perai Sdn. Bhd. at Permatang Pasir near Permatang Pauh. It is located about 5km away from North-South Expressway - Sungai Dua interchange, about 10 minutes drive to Seberang Jaya town centre. This development will be completed in two phases: Phase one (4.6 acres) is ... Read More
Affordable housing project at Permatang Pasir broke ground yesterday
Folk living in the central Seberang Perai district, specifically in Permatang Pasir, will soon have the chance to apply for their desired affordable housing units courtesy of the Penang government. Chief Minister Chow Kon Yeow said the project which is to be built on a 23-acre land, will be divided into ... Read More
M Summit 191 received two Malaysia Book of Records (MBR) awards today
M Summit 191 Executive Hotel Suites, which will be rebranded as The Granite Luxury Hotel on Aug 1, achieved a rare distinction when it . The hotel’s car park is recognised as Malaysia’s Tallest Automated Hotel Car Park at 71.2m while its Mirage swimming pool is the Highest Cantilevered Acrylic Bottom ... Read More
Short-term rental guidelines is expected to come into effect in January 2023
The Penang State Government introduced short-term rental guidelines for highrise and landed houses which is expected to be enforced from January next year. State Housing, Local Government, Town and Country Planning Committee chairman Jagdeep Singh Deo said the guidelines were drawn up together with local authorities (PBT) and related agencies since ... Read More
IHG to debut Crowne Plaza as the flagship hotel for Straits City in Penang
IHG Hotels & Resorts announced yesterday it is partnering with STC Property Management Sdn Bhd, the developer of Penang’s Straits City, to bring the Crowne Plaza brand to Butterworth. The master plan development is by Singapore-listed The Straits Trading Company Limited and Malaysia Smelting Corp Bhd. The partnership will bring the ... Read More
Mak Mandin Indah apartment is now 64% completed
According to State Housing, Local Government, Town and Country Planning Committee chairman Jagdeep Singh, the Affordable Housing Project (RMM) in Mak Mandin is now at 64 percent and on track to complete by end of 2023. "This project comprises 187 units of affordable housing Type A, part of the State Government's commitment to delivering a ... Read More
UPCOMING: Pulau Tikus / Primary Spectra Development SB.
A new proposed luxury residential development within the upscale neighborhood of Pulau Tikis. Undertaken by Primary Spectra Development Sdn. Bhd., the proposed project will be located along Lebuhraya Codrington (Codrington Ave), opposite the junction of Jalan Yeoh Guan Seok. It is just a stone's throw away from Moulmein Rise by ... Read More
The last 4 units of ‘sea-facing’ bungalows in Gurney Drive sold for over RM20mil
One of Malaysia’s most high-end neighbourhoods, Gurney Drive, has proven it is real estate gold after Hong Kong investors snapped up four bungalows in the area for over RM20mil. The bungalows are the “last stretch” of old properties along Gurney Drive, which has been named in international publications as one ... Read More
SITE PROGRESS: Green City Residence (July 2022)
About Green City Residence A 29-storey luxury development in the heart of George Town by Green City Garden Development Sdn. Bhd. Located on a half-acre land along Macalister Road, it is only 2km away from KOMTAR and less than 15 minutes drive to Penang Bridge. This project features 52 units ... Read More
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