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SITE PROGRESS: Lucerne Residences (Apr 2023)
About Lucerne Residences The final phase of residential development by Ideal Property Group at Ideal Vision Park in Bayan Lepas. It is just a short drive to Penang International Airport, 10 minutes walking distance to Straits International School. The project will see two blocks of 36-storey skyscrapers featuring a European living concept. It offers 480 ... Read More
Mitsui Outlet is set to be built next to PIA, in conjunction with the airport’s expansion
Penang International Airport will soon see the construction of the Mitsui Outlet, a premium shopping mall, on the vacant land in front of its multi-storey car park. This was revealed by Bayan Baru MP Sim Tze Tzin after a briefing by the airport management on the expansion plans and progress ... Read More
Penang ranked third in unsold properties as of Dec 2022
As of December 2022, the number of unsold completed residential properties has decreased to 27,746 units, worth RM18.41 billion, compared to 36,863 units worth RM22.79 billion at the end of 2021. Deputy Finance Minister Ahmad Maslan revealed that Johor has the highest number and value of unsold properties, with 5,258 ... Read More
PDC calls for tender for Linear Waterfront Development project
Penang Development Corporation (PDC) is calling for a Request for Concept and Quotation for the Linear Waterfront Development in Bayan Lepas. It is seeking companies, consultants registered with a Professional Board, or consortiums of consultants, whether local or international, to participate in the tender. The project is aimed at creating a ... Read More
Residensi Pauh Armani
Residensi Pauh Armani is a condominium development project by Golden Village Properties Sdn. Bhd. at Permatang Pauh. Located adjacent to Residensi Pauh Harmoni and Residensi Permatang Pauh affordable housing projects, both are situated near Jalan Permatang Pauh. It is just a stone's throw away from Butterworth-Kulim Expressway interchange, only a 3km drive to Sunway Carnival ... Read More
MYEG to build and manage workers village at BKIP 3
My EG Services Bhd's sub-subsidiary MY EG Lodging Sdn Bhd has secured a tender from Penang Development Corp for the setting up of a workers village and related facilities at Batu Kawan Industrial Park 3 in Seberang Perai Selatan, Penang. In a filing with Bursa Malaysia, the group said the ... Read More
UPCOMING: George Town / Unicorn Solute Sdn. Bhd.
Proposed luxury development by Unicorn Solute Sdn. Bhd. in heart of George Town. It will be built on approximately 3.4 acres of land, located at the intersection of Lebuhraya Pykett and Jalan Westlands, directly across from the Penang Campus of Methodist College Kuala Lumpur (MCKL). The development is conveniently located ... Read More
Illegal street racing near Queens Residences causes sleepless nights and safety concerns
According to a report in a Chinese daily, the Queens Residences in Bayan Lepas has been experiencing disturbances caused by illegal street racing and modifications made to vehicles' exhaust systems. Almost every weekend at midnight, the sound of revving engines can be heard throughout the quiet night, disturbing residents' sleep ... Read More
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
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