Bayan Lepas LRT Project is set to commence later this year, according to Transport Minister Anthony Loke Siew Fook. The announcement was made yesterday during a press conference following the signing of a Memorandum of Understanding (MoU) between the Railway Assets Corporation (RAC) and the Penang State Housing Board (LPNPP) ... Read More

In a significant move toward urban redevelopment, the Railway Assets Corporation (RAC) has officially signed a Memorandum of Understanding (MoU) with the Penang State Housing Board (LPNPP) for the redevelopment of Kampung Manis in Perai through a collaborative effort. The MoU was signed between RAC's Chief Executive Officer, Dato’ Azhar Ahmad, ... Read More

Nestled in the vibrant township Bandar Cassia, Batu Kawan, Cassia Cempaka by PDC Properties Sdn. Bhd. epitomizes a harmonious blend of modern living and serene surroundings. This freehold residential development spans 28.47 acres, drawing inspiration from the Cempaka flower's exquisite essence. Comprising two distinct residential options – Dahlia (Double Storey Terrace) ... Read More

Selected areas and segments of the property market in Malaysia are expected to perform well in 2024, but elsewhere there are areas of concern. Industry experts expect to see sales improve as the people’s spending power recovers and the government’s efforts to attract foreign direct investment (FDIs) bears fruit. However, ... Read More

About Savana @ Utropolis This is the fourth phase of Paramount Property’s Utropolis development at Batu Kawan. Located along Jalan Cassia Barat 2, adjacent to Sensasi and Sinaran Residences. It is less than 5 minutes’ walking distance to Design Village outlet mall and UOW MALAYSIA KDU Penang University College, with easy ... Read More

Rents across Malaysia increased by 5.5% in 2023, according to data from a newly released index. Rents were now 7.4% higher than during the pandemic’s worst phase, suggests the Malaysia Home Rental Index by real estate agent network IQI, a member of Juwai IQI. In the fourth quarter, it said ... Read More

G'Vinton, a serviced residence development by Sunrich Capital Sdn. Bhd. (Subsidiary of GSD Land) in George Town. Strategically located on approximately 1 acre of land along Jalan Sultan Ahmad Shah, in between Ambank and NSTP building. It is only a mere minute's drive to KOMTAR and Penang's most popular tourist destination - Gurney ... Read More

Penang’s residential launches which resumed in 2023 are expected to gain momentum in 2024, CBRE|WTW said. In its Real Estate Market Outlook 2024 report launched yesterday, the property consultancy said new launches of high-rise residentials will comprise mainly those located on the island, while landed residentials will be in Seberang ... Read More

Penang Development Corporation (PDC) has signed a Memorandum of Agreement (MoA) with the Penang State Housing Board (LPNPP) regarding the ownership of 59 parcels in Block H, Mahsuri near Bayan Baru here. The agreement was signed between the Deputy Chief Executive Officer of PDC, Roslan Hassan, and the Chief Executive ... Read More

About Straits City A 40-acre prime seafront integrated development by the Singapore Exchange-listed Straits Trading Co Ltd and its dual-listed subsidiary, Malaysia Smelting Corp (MSC). Strategically located in the Central Business District of Butterworth, a mere 2km from Penang Sentral, Straits City enjoys unparalleled connectivity with well-established transportation options such as trains, and ... Read More