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PIA expansion project to begin this year
Penang International Airport (PIA) expansion project will take place this year and will be fully funded by Malaysia Airports Holdings Bhd (MAHB). Transport Minister Anthony Loke Siew Fook said this when he made his first official working trip to Penang yesterday, revealing that the expansion, for now, would cater to ... Read More
Marina Residence
Marina Residence, a high-rise residential development by Welcome Properties Sdn. Bhd. in Teluk Air Tawar. Located on 11 acres of sea-facing land next to Quayside @ Clear Water Bay, just a stone's throw away from Robina EcoPark. It is less than 10km to Penang Sentral via Butterworth Outer Ring Road, about 20 minutes ... Read More
Greatech broke ground on new facility in Batu Kawan
Greatech Technology Berhad is realising its 10-year plan that involves venturing into the solar and life science industries, according to co-founder and CEO Datuk Tan Eng Kee. The company’s plan is divided into two parts: Factory Automation and Process Automation. The four pillars of the former will be solar, e-mobility, life ... Read More
Bypass will be constructed to connect Hijaun Hills and Bandar Tasek Mutiara
A bypass connecting Hijaun Hills to Bander Tasek Mutiara in the south Seberang Perai (SPS) district is set to be constructed, enhancing accessibility to the schools in the neighbourhood. The bypass will be constructed from Jalan Tasek Mutiara 10 to Jalan Hijauan Hills 1. This was announced by State Transport ... Read More
Penang Property Outlook 2023
As we step into 2023, the Penang property market is expected to continue its gradual recovery phase from the pandemic-induced slowdown. The year 2021/2022 was a good time to buy property in Penang, thanks to the Home Ownership Campaign (HOC), record-low interest rates, and developers offering freebies, discounts, and rebates ... Read More
Outrage over plans for 38-storey serviced apartment next to heritage site in Penang
Heritage advocates are concerned over plans to build a 38-storey condominium at Gat Lebuh Nordin here, less than 200m away from the George Town Unesco World Heritage Site western boundary. Planning permissions were submitted to the Penang Island City Council last week for approval. It is learnt that the proposed ... Read More
SITE PROGRESS: Sunshine Central (Feb 2023)
About Sunshine Central A re-development of the old Sunshine Farlim site into a new commercial complex with business hotel and serviced residence. The entire project will be over 3.7mil sq ft of gross area, spread over three blocks of 38-storey buildings, comprises 270 units of serviced apartments, 144 units of small ... Read More
Penang welcomes airport expansion and heritage conservation allocation in 2023 budget
The Chief Minister of Penang has welcomed the announcement by Prime Minister Datuk Seri Anwar Ibrahim in the 2023 Budget that the Penang International Airport expansion project will be implemented. The Chief Minister expressed his hopes that with the expansion of the airport, it can cater to around 20 million ... Read More
REHDA welcomes Budget 2023, urges solution for increasing building material prices
The Real Estate and Housing Developers’ Association (REHDA) Malaysia has welcomed the measures announced in Budget 2023 by the Unity Government on Friday. In particular, the association supports the government’s plans to build 12,400 units of low-cost houses under Program Perumahan Rakyat (PPR) and 4,250 Rumah Mesra Rakyat under Syarikat ... Read More
Paramount Palmera
Paramount Palmera, a freehold light industrial development by Paramount Property in central Seberang Perai. Strategically located near Jalan Permatang Tinggi, within the vicinity of the established industrial address of Bukit Minyak. It is conveniently connected to transport networks with easy access to major highways. In this modern era of commerce, it’s ... Read More
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