If Penang gets a low-cost carrier terminal (LCCT), it will likely be to the south of the current passenger terminal and only about 1km from the proposed islands to be reclaimed off the southern coast of Penang island. It has been the dream of AirAsia and the Penang government to ... Read More

A proposed residential development by PE Development (Penang) Sdn. Bhd at Batu Kawan. Strategically located next to Design Village, less than 2 minutes drive to the upcoming IKEA. It's only about 20km away from the key employment centre of Bayan Lepas Free Trade Zone. This development will see the construction of ... Read More

Kek Lok Si Temple will never be the same if the highway from Gurney Drive to the airport is built because a 300m-long elevated highway and a tunnel to Paya Terubong will be constructed just a few hundred metres behind the temple. Kek Lok Si Temple is adamant that it ... Read More

Residential overhang in Penang is still a major issue and the current market situation is not making it any better. Overhang is defined as built properties that remain unsold at least nine months after completion. The overhang in Penang is likely due to unaffordable property prices and financing issues. The various ... Read More

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Yet another proposed landed residential development by Palma Budimas Sdn. Bhd. at Bandar Tasek Mutiara in Simpang Ampat. Located adjacent to Pearl Square 1 shop offices, just a stone's throw away from Pearl City Sales Gallery. It is within 10 minutes walking distance to GEM International School, about 5km away ... Read More

A public town hall on the Pan-Island Link (PIL) highway project has been announced, said NGO Citizen Awareness Chant group (Chant). Chant advisor Yan Lee welcomed the timely move, reported Malaysiakini, saying the session will be organised by the federal government, and stakeholders would be invited to share their views ... Read More

The Turf, a freehold residential development proposed by Chong Company facing Penang Turf Club. It is located along Jalan Batu Gantung, right next to to Scotland Villas condominium. The project was initially proposed as a 34-storey residential building in 2012. It is now being revised to a 46-storey building, offering 228 unit ... Read More

by Anders Ong There are two main market in properties transaction, which comprise of:- Primary Market – Direct purchase of a new property from developers. Examples are under construction properties or projects off the plan and unsold units from the developers. Secondary Market – Direct purchase of properties from primary ... Read More

Knight Frank Malaysia managing director Sarkunan Subramaniam said foreign investors are expected to return in the first quarter of 2019 on the back of more transparent policies with the new government. "Rents of high-end condominiums will stabilise and prices will hold. As for the office market, rents will remain competitive ... Read More