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Developers’ proceeds to be spent on low cost housing construction projects
The proceeds from the contributions of developers exempted from building affordable housing will be used for low cost and low medium cost housing projects in the state. State Houisng, Town and Country Planning and Housing Committee chairman Jagdeep Singh Deo (pix) said the funds would be used for projects in ... Read More
UPCOMING: Batu Maung / Jayamas Pintar Sdn. Bhd.
This is a newly proposed development by Jayamas Pintar Sdn. Bhd. at Batu Maung. Initial information shows that it is located within the vicinity of Southbay City by Mah Sing Group, but the exact location is yet to be confirmed. The proposed development will see the construction of a 42-storey ... Read More
AFFORDABLE: Paya Terubong / Patsifit Construction Sdn. Bhd.
Another proposed affordable housing by Patsifit Construction Sdn. Bhd. at Paya Terubong. It is located adjacent to Bukit Awana Condominium, accessible via Tingkat Paya Terubong 2. This development will feature a 22-storey residential building, comprises 205 affordable units with standard unit size of 850 sq.ft. This project is still pending ... Read More
Amaris Terraces to be ready next year-end
Eastern and Oriental Berhad (E&O) treated some 150 of its loyal customers to an exclusive preview of its new Amaris Terraces By-The-Sea in Penang. Guests were first briefed on the project at the E&O Sales Gallery in Seri Tanjung Pinang before being whisked away for a tour of the impressive ... Read More
Brands at Design Village (Penang Premium Outlet)
Penang’s latest track of outlet stores will be opening in just under five days at Batu Kawan. The Design Village, also known as Penang Premium Outlets, will house dozens of luxury brands on a 28 acres of land. The outlet mall will be opening on 23 November @ 6PM. Here is the ... Read More
Hua Yang Introduces Meritus Residensi in Penang
Marking the Group’s inaugural entry into Penang’s property market, Hua Yang Berhad (“Hua Yang” or the “Group”), a leading property developer in the affordable housing sector, introduced Meritus Residensi today. Established in 1978, the Group today is recognised as one of the nation’s leading property developers in the affordable housing ... Read More
Viluxe
Viluxe, the first gated and guarded residential development by Aspen Group in Aspen Vision City. Strategically located next to the 25-acre lush greeneries of Central Park, just a stone's throw away from IKEA Store. It is only a mere minutes drive from Penang Second Bridge, about 5 minutes away from ... Read More
No intention to limit foreign ownership of heritage buildings
The Penang government does not have any intention to table an enactment to limit foreigners from buying pre-war buildings in its world heritage zone, state executive councillor Jagdeep Singh Deo said today. The housing development and town and country planning committee chairman added that it is not possible to table ... Read More
Official Launch of Utropolis @ Batu Kawan
Paramount Property, the property development division of public-listed Paramount Corporation Berhad (Paramount), today marked its debut in the Penang property market with the unveiling of Utropolis Batu Kawan, Penang’s first university metropolis. Utropolis Batu Kawan mirrors the successful, award-winning university metropolis concept first introduced by Paramount at its Utropolis Glenmarie ... Read More
Tanjung Bungah – Teluk Bahang Paired Road
The proposed paired road from Tanjung Bungah to Teluk Bahang will reduce the travelling time between the two places by more than half, said project director Mazlan Ali. He said it now took about 20 minutes to drive on the 10.9km existing stretch from Tanjung Bungah (where Jalan Lembah Per-mai ... Read More
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