The two bidders that submitted proposals for the rehabilitation and development of the Jelutong dumpsite have sought to be allowed to reclaim additional land. “The two companies — a Penang-based company and a Federal government-linked company — did not meet major requirements of the request for proposal (RFP), which were ... Read More

Setia Sky Ville, one of the most anticipated development by SP Setia in Jelutong. It is strategically located off Lorong Slim, just a short drive away from various high schools, namely Heng Ee secondary school, Penang Free School and Han Chiang College. The proposed development features 550 condominiums of 1,036 sq ft to 1,424 ... Read More

The Zen, 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 will see the construction of a 46-storey skyscrapper with two residential towers, and shop offices ... Read More

* UPDATE: The elevated expressway will open on April 6 @ 2PM * The RM338mil Bayan Lepas Expressway (BLE) linked to the second Penang bridge is expected to be open on April 4. Penang Federal Action Council chairman Datuk Seri Zainal Abidin Osman said work on the project was at ... Read More

If the planned reverse takeover (RTO) of tile manufacturer Yi-Lai Bhd goes through, it would see the entry of one-up-and coming property developer from Penang, Aspen Vision Group and its co-founder Datuk M. Murly into the capital market. Murly is becoming well known in property circles for his Aspen Group, ... Read More

Many have been asking whether is there any possibility of property price in mainland to be on par or better than in Penang Island? Vertu Resort at Batu Kawan is selling at the same price as One Foresta open market units at Sungai Ara. So if you have a budget ... Read More

The Penang Chinese Chamber of Commerce (PCCC) has urged the state government to speed up the implementation of Penang Transport Master Plan (PTMP). PCCC president Datuk Seri Choot Ewe Seng said it was needed to help alleviate traffic congestion in the state. He said tourists started flocking to the city ... Read More

Another mixed development proposed by WHH Land at Sungai Ara. Located on a 5 acres land along Jalan Tun Dr. Awang, adjacent to Asia Green's The Clovers development scheme. This development comprises a 34 building with two residential towers, offering 168 condominium units. The commercial component will offers a mix of ... Read More

Ikano Private Limited, owner of the IKEA franchise in Malaysia, confirmed today its ambition to open a store in Penang during the third quarter of 2018. Ikano and the Aspen Group teamed up in September 2014 to purchase 245 acres of land from Penang Development Corporation. The joint-venture company is working ... Read More

Eco Bloom, an on-going mixed development by EcoWorld in mainland Penang, comprises condominium and commercial shop lots. It's part of the company's maiden project - Eco Meadows - on a 75.7-arce land in Simpang Ampat. Offering 490 residential units in two 33-storey condominium towers with size ranging from 800 sq.ft. onward. Register ... Read More