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Penang Hill upper station upgrading project
The Penang Hill Corporation (PHC) has launched its Penang Hill Upper Station Upgrading Project (Phase Four) to provide better comfort to its visitors on the hill. The RM9.3 million project would comprise expanding the waiting halls and facilities at the Penang Hill upper station. PHC general manager Datuk Cheok Lay ... Read More
Penang remains a buyers’ market
The Penang property sector is expected to see a modest recovery in 2021, with experts anticipating it to be a buyers’ market on the back of the ongoing vaccine rollout and various government incentives. Knight Frank Penang executive director Mark Saw says recovery of the residential sub-sector will depend on ... Read More
First phase of Gurney Wharf open to public next year
Phase One of the RM176 million Gurney Wharf project is expected to be completed in the first half of 2022, Penang state exco Jagdeep Singh Deo said today. The Penang housing, local government and town and country planning committee chairman said phase one of the public park will be ready ... Read More
SITE PROGRESS: The Zen (March 2021)
About The Zen A mixed development by Asia Green at Bayan Mutiara. It is located next to Tun Dr. Lim Chong Eu Expressway, just a short drive away from the ongoing Penang World City township development by Tropicana Ivory. This development comprises a 46-storey skyscraper with two residential towers, and shop ... Read More
Upcoming Commercial & Light Industrial Precinct by Mah Sing Group
The latest freehold commercial & light industrial precinct by Mah Sing Group at Permatang Tinggi is set to be unveiled soon. The 17-acre development is strategically located along Jalan Permatang Tinggi, about 3km to the north-west of Simpang Ampat. It is sited in close proximity to a few established industrial parks, namely Bukit ... Read More
UPCOMING: Simpang Ampat / Great Marvel Sdn. Bhd.
Proposed residential development by Great Marvel Sdn. Bhd. at Simpang Ampat. Located next to SA65 Taman Perdana, also known as phase 2B and 2C of the same housing scheme. It is just a stone's throw away from Simpang Ampat Small Medium Industrial Park, about 10 minutes drive from Bukit Tambun Toll Plaza ... Read More
JMB and MC need 75% approval from unit owners for short-term rental in stratified residential buildings
Short-term accommodation in stratified residential buildings in Penang can only be allowed when the Joint Management Body (JMB) or Management Corporation (MC) gets 75% approval from the unit owners. State Housing, Local Government, Town and Country Planning Committee chairman Jagdeep Singh Deo said JMB or MC would need to conduct an ... Read More
CMCO extended in Penang and 5 other states till March 31
The conditional movement-control order (CMCO) has been extended in Penang and five other states and FT until March 31, Senior Minister Ismail Sabri Yaakob said today. The other states are Johor, Selangor, KL, Kelantan and Sarawak, the defence minister told a press conference today. Inter-state travel still not allowed ... Read More
Signature Three
Signature Three, yet another affordable housing development by Excel Focus Properties Sdn. Bhd. at Permatang Pauh. Strategically located on a 3.08-acre land along Jalan Permatang Pauh, adjacent to the recently completed Residensi Permatang Pauh affordable housing scheme. It is about 500 meters away from Butterworth-Kulim Expressway. other neighboring communities include Taman ... Read More
PR1MA ‘rent-to-own’ housing scheme to be launched in June
The rent-to-own (RTO) housing scheme as announced under Budget 2021 involving PR1MA homes nationwide is expected to be launched this June. Housing and Local Government Minister (KPKT) Datuk Zuraida Kamaruddin said the ministry is in the midst of discussions and refining on the housing scheme mechanism with banking institutions. “The RTO ... Read More
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