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Penang Housing Board to ramp up affordable housing projects this year
State Housing, Local Government, Town and Country Planning Committee chairman Jagdeep Singh Deo emphasised the importance of delivering affordable housing schemes to the community when he announced a new housing scheme in Lot 244, Mukim 9 Teluk Kumbar, Bayan Lepas on Saturday. He said the state has managed to reach ... Read More
10 most viewed projects in Penang for 2021
Wishing you and your family a Prosperous and Happy New Year 2022! Looking back at 2021, the prolonged COVID-19 pandemic has definitely caused an overall subdued property market. However, Penangites have never stopped searching for their dream home in Penang. Here are the 10 most popular projects. As usual, 9 out of 10 are ... Read More
Vertice exits Penang mega infrastructure project
Vertice Bhd and Consortium Zenith Construction Sdn Bhd have mutually terminated the contract for the construction works for Package 2 of the Penang Mega Infrastructure project worth RM815.0 million undertaken by Buildmarque Construction Sdn Bhd. Buildmarque Construction is a 50:50 JV company formed between Vertice Construction, a wholly-owned unit of ... Read More
Mah Sing optimistic about Malaysia property market revival on robust demand
Mah Sing Group Bhd is cautiously optimistic about the property prospects in the medium to long term, citing robust demand for properties from the country's young population. The impact of the epidemic has had an influence on the property market in Malaysia over the last two years, resulting in a ... Read More
Cheap transport to solve housing woes
The government could solve the dual problem of property overhang and unaffordable homes by introducing cheap public transport, according to two academicians. Dr Rosli Said of the Department of Real Estate, Faculty of Built Environment at Universiti Malaya pointed out that while houses far from urban centres are cheaper, people ... Read More
UPCOMING: Tasek Gelugor / Maple Meadow Sdn. Bhd.
Proposed mixed development by Maple Meadow Sdn.Bhd. at Kubang Menerang in Tasek Gelugor. Located on 380 acres of land along Jalan Kubang Menerang, about 10 minutes drive from the established township of Bertam Perdana. It is adjacent to two ongoing affordable housing projects, namely Scientex Tasek Gelugor and D'Halona Place ... Read More
SITE PROGRESS: Havana Beach Residences (Dec 2021)
About Havana Beach Residences Affordable housing development by Ideal Property Group at Bayan Lepas. Strategically located near Jalan Tun Dr. Awang, less than 2km away from Penang International Airport. It is about 5 minutes walking distance to SMJK Heng Ee (Bayan Baru branch). Find out more about Havana Beach Residences Register your ... Read More
Casa Rica, the final phase of Setia Greens set to unveil
Penang homebuyers seeking exclusive landed residences in the Penang island can now look forward to S P Setia Berhad’s recent launch. Located in Sungai Ara, Bayan Lepas, the new project is the final phase within Setia Greens, a 46.3-acre township by S P Setia. Named Casa Rica, which means “rich ... Read More
UPCOMING: Batu Uban / Ivory Villas Sdn. Bhd.
A newly proposed commercial development by Ivory Villas Sdn. Bhd. at Batu Uban. Located between Jalan Sultan Azlan Shah and Tun Dr. Lim Chong Eu Expressway, adjacent to The View Condominium (Twin Towers). It is just a stone's throw away from Universiti Sains Malaysia, less than 5 minutes drive to ... Read More
Penang ferry service will see a RM100mil makeover
After 50 years, the Penang ferry service will see a RM100mil makeover, including the arrival of a fleet of four new ferries costing RM16mil each. Penang Port Sdn Bhd (PPSB) chief executive officer Datuk Sasedharan Vasudevan said the terminal upgrade on the island and mainland were expected to be completed ... Read More
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