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Affordable housing @ Jelutong (formerly known as Mutiara Rini & Mutiara Ria)
An upcoming affordable housing project in Jelutong, undertaken by JKP Jelutong Development Sdn. Bhd., which is a joint venture company between JKP Sdn. Bhd. and GSD Land Sdn. Bhd. Strategically located right next to Tun Dr. LCE Expressway, less than 500 meters away from Jalan Ahmad Nor exit. Two projects ... Read More
Taiwan’s EMC to set up a new factory in Penang
According to Taiwan's media reports, Taiwan's copper clad laminate (CCL) leader - Elite Material Co., Ltd. (EMC) announced that it will spend about RM186 million ringgits for a new factory in Penang. EMC plans to expand its monthly CCL production capacity to 900,000 units in two phases. The production capacity is close ... Read More
PuncakCity @ Juru South
PunckCity @ Juru South, a freehold commercial hub development by Puncakcity Development Sdn. Bhd. at Permatang Tinggi. Strategically located on approximately 42 acres of land near the intersection of Jalan Permatang Tinggi and Jalan Rozhan, adjacent to Usahajaya Light Industrial Park and Taman Perwira Indah. It's just a mere minute drive ... Read More
1,245 Affordable homes to be built next to Tun Dr. LCE Expressway
The affordable housing projects, Mutiara Ria and Mutiara Rini, which were under construction but later demolished due to non-compliant building materials, are now set to be reconstructed with a new plan in place. JKP Jelutong Development Sdn. Bhd., a joint venture between JKP Sdn. Bhd. and GSD Land Sdn. Bhd., ... Read More
The Zen 90% completed and expected to receive CCC early next year
Asia Green Group’s affordable homes project, called The Zen, is progressing well and is expected to be ready by early next year, caretaker state Housing, Local Government, Town and Country Planning Committee chairman Jagdeep Singh Deo said. Jagdeep and several staff members from the Penang Housing Board, as well as ... Read More
Groundbreaking for affordable housing project in Simpang Ampat
GUH Development Sdn. Bhd. will build a block of 20-storey flats consisting of 208 units of Affordable Housing (RMM) Type A or Low Cost (LC for RM42,000 each on a 2.3-acre open land next to Jamek Al-Ihsaniah Mosque in Simpang Ampat. During the groundbreaking ceremony yesterday, caretaker Chief Minister, Y.A.B ... Read More
SITE PROGRESS: Lucerne Residences (July 2023)
About Lucerne Residences The final phase of residential development by Ideal Property Group at Ideal Vision Park in Bayan Lepas. It is just a short drive to Penang International Airport, 10 minutes walking distance to Straits International School. The project will see two blocks of 36-storey skyscrapers featuring a European living concept. It offers 480 ... Read More
Owners of more than one home may consider selling on the possibility of another OPR hike
Borrowers may have gotten a reprieve from Bank Negara Malaysia's (BNM) decision to keep the overnight policy rate (OPR) at 3 per cent, but the possibility of another rate hike this year is making some borrowers with more than one property, think of selling. "I had to start paying an ... Read More
AFFORDABLE: Balik Pulau / MTT Properties & Development Sdn. Bhd.
Newly proposed affordable housing development by MTT Properties & Development Sdn. Bhd. in Balik Pulau. Located near Jalan Sungai Air Putih, allowing for a convenient short walk to Botanica CT Centre. Additionally, residents will also find other amenities such as Prince of Wales Island International School and Botanica Park within ... Read More
Penang’s new ferries to begin service next month
Social media has been abuzz since Wednesday with news about the arrival of four new Penang ferries here. At a cost of RM18 million each, the four new ferries will be used to carry pedestrians and two-wheelers. Speaking to the New Straits Times today, Penang Port Sdn Bhd (PPSB) chief executive ... Read More
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