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Heng Huat acquires land in Penang for property development
Heng Huat Resources Group Bhd has announced that its subsidiary, HH Land and Development Sdn Bhd, has purchased six land parcels worth RM6.32 million in cash. According to a disclosure made to Bursa Malaysia, the acquisitions will be financed through internally generated funds. Heng Huat's decision to acquire these assets ... Read More
Affordable housing @ Ampang Jajar
Yet another proposed affordable housing development by LPNPP in Butterworth. Located along Jalan Permatang Pauh, within the vicinity of Ampang Jajar. It is just a stone's throw away from the newly completed Butterworth Arena, only a few minutes' walking distance to Ampang Jajar Cycling Park. This development entails the building ... Read More
SITE PROGRESS: Anggun Residences (Apr 2023)
About Anggun Residences Anggun Residences located beside Design Village Outlet Mall in Batu Kawan is the flagship residential project undertaken by PE Development (Penang) Sdn Bhd, a subsidiary of PANSAR Berhad in West Malaysia. Designed as a condotel concept, these 496 units of spacious 3-bedroom apartments comes with maximised functional ... Read More
Eden at Botanica CT – Penang’s First Integrated Senior Living Resort
Located at the heart of a growing garden township on Penang Island, Eden at Botanica CT (EABC) is the first integrated senior living resort in Penang featuring a purpose-built Active Living Resort that provides accommodation and services to active seniors who are seeking independent living and a full-fledged nursing Care ... Read More
Fajarbaru to build 3 blocks of affordable apartments for PDC
In a filing with Bursa Malaysia, Fajarbaru Builder Group Bhd announced that it has secured a RM125.3mil construction contract from Penang Development Corporation (PDC). The project involves the construction of three blocks of affordable apartments as part of the Phase Four development of a mixed project comprising twenty-five phases. Fajarbaru's ... Read More
Mertajam Heights
Mertajam Heights, a residential development by Crystal Faber Sdn. Bhd. in the heart of Bukit Mertajam. Strategically located along Jalan Ciku, immediately opposite Ng Yam Huat food court with an abundance of essential amenities within 2km radius. Neighboring communities include Sunway Wellesley, Aston Acacia and Aston Park East. The development features a ... Read More
Maxis partners Ideal Property to provide fibre connectivity to residential and commercial projects
Maxis has partnered with Ideal Property Group, a market-leading property developer in Penang, to bring fibre connectivity to homes and businesses. With this partnership, Maxis is leveraging its own fibre build to deliver a superior internet experience and attractive fibre propositions to mixed developments in Penang Island and Butterworth. As ... Read More
Tek Seng to acquire another three parcels of land in SPT
Tek Seng Holdings Bhd's subsidiary, Wangsaga Industries Sdn Bhd (WISB), has recently entered into two separate sale and purchase agreements (SPA) to acquire three parcels of freehold land in Penang for a total cash consideration of RM33.96 million. The polyvinyl chloride (PVC) sheeting manufacturer announced the acquisition in a filing ... Read More
Outrage over 5-storey building plan at back of Penang’s oldest market
In a move that has outraged heritage activists, the Penang Island City Council (MBPP) has approved plans for a five-storey building behind a 122-year-old market, the oldest in the city. The Campbell Street market redevelopment project will include shophouses, parking lots and “studio rooms” to be built by the council ... Read More
Blossom Suites
Blossom Suites is a mixed development by Kobay Development Sdn. Bhd., located in the highly sought-after Tanjung Bungah area. Strategically situated along Jalan Tanjung Bungah, in front of The Waterfront Condominium, it is just a short drive away from the famous tourist belt of Batu Ferringhi. The development will comprise a 42-storey building ... Read More
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