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Rehda hopes Budget 2024 will address housing affordability issue
The Real Estate and Housing Developers’ Association (Rehda) hopes that the government will address the affordability, or rather the unaffordability of houses in the nation, as well as introduce measures to alleviate challenges developers continue to face in the upcoming Budget 2024. In its budget wishlist, the association’s president Datuk ... Read More
SITE PROGRESS: Green City Residence (Oct 2023)
About Green City Residence A 29-storey luxury development in the heart of George Town by Green City Garden Development Sdn. Bhd. Located on a half-acre land along Macalister Road, it is only 2km away from KOMTAR and less than 15 minutes drive to Penang Bridge. This project features 52 units ... Read More
MIDF Research: Property sector outlook brightens
The property sector’s outlook is improving amid the downwards trend in the property overhang and inventory levels of developers, says MIDF Research. The unchanged overnight policy rate is also positive for property companies, which helps to support recovery in demand, the research house added. Given the improving outlook for property ... Read More
Iconic Vue @ Batu Ferringhi – Last 3 units from RM450k onwards
Iconic Vue, nestled in the vibrant heart of Batu Ferringhi. Here, you can relish the beauty of a 4km-long Batu Ferringhi beachfront, day and night, brimming with excitement, entertainment, and unmatched convenience. Act fast to secure your slice of paradise – only 3 units left!" Project Highlights: - CCC obtained ... Read More
Iconic Marjorie Hotel set to open in middle of 2024
Iconic Penang Sdn Bhd will complete a RM180 million five-star hotel under the Marriott brand in Penang by the middle of next year. The Iconic Marjorie Hotel will be a 298-room property near Sungai Nibong, touted to be the first five-star Peranakan-inspired hotel of its kind and scale, with designs ... Read More
Sunway and PDC to jointly develop BKIP 2
Sunway Bhd’s 70%-owned Umech Land Sdn Bhd has signed a joint development agreement with Penang Development Corp (PDC) to develop a 559-acre prime industrial land in Batu Kawan, Penang, in exchange for a land entitlement of RM646.02 million. PDC will receive a land entitlement that consists of a RM64.6 million ... Read More
Key infrastructure projects underway in Penang
Chief Minister Chow Kon Yeow expressed the state’s commitment to advancing the major infrastructure projects that have been in progress for the past decade during his attendance at the Penang Master Builders’ 146th-anniversary dinner at St Giles The Wembley Hotel. “Under the guidance of the current state government, we are confident ... Read More
Global Foundries opens its first office in Penang
Global Foundries (GF), one of the world’s leading semiconductor manufacturers, has chosen Penang to open its first office in the country. It is located at One Precinct building in Bayan Baru. GF chief manufacturing officer Kay Chai Ang said the key feature of the new office is the new state-of-the-art ‘factory ... Read More
Reclamation work for Silicon Island project has begun
In a recent Facebook post, the Chief Minister of Penang unveiled that the long-awaited Silion Island (also known as Penang South Island) reclamation project has officially begun. This momentous endeavor, which endured nearly a decade of legal and technical challenges along with extensive public engagement, marks a major step towards a ... Read More
Klippa Shopping Centre extends a friendly invitation to all – Klippa Kan Kawan
Klippa Shopping Centre, Ikano Centres’ meeting destination in North Malaysia, is delighted to introduce its “Klippa Kan Kawan” campaign – an open invitation to the Batu Kawan community as well as Penangites, and neighbouring states to join the centre in creating meaningful connections and offering an exciting array of deals ... Read More
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Latest Projects
TODAY'S MOST READ
RECENT COMMENTS
- I already created a facebook group: The Cube Jelutong. Welcome to join. ...Jordan on The Cube
- The project passes near my home. I don’t think it is even 50% completed and...JK on Air Itam–Tun Dr LCE bypass reaches 91% completion, on track for April 2027
- @KC Your statement are misleading. The construction worker is working on top of the road....millionaire on Air Itam–Tun Dr LCE bypass reaches 91% completion, on track for April 2027
- Penang property OVERPRICED. Goreng by foreigner buyers. ...Andy_Khoo on Penang ranked 5th for residential property overhang in Q1 2026
- @K telegram got phone number... don't create telegram/whatsapp at this stage. Agent will get your...Andy_Khoo on The Cube
- From observation by someone who pass by the road daily, it has almost stop works....KC on Air Itam–Tun Dr LCE bypass reaches 91% completion, on track for April 2027
- create telegram group very easy... just who want to manage the group ...K on The Cube
- @ForeverSeaView Can someone create a facebook group/page for the home owners to gather to discuss...Andy_Khoo on The Cube
- Can ask the developer why construction so slow ? XD ...K on The Cube
- YEE, DID YOU SEE THEIR WORKER WORK THERE? NOT TO MANY ...THAT WHY SO SLOW...SIM LI on The Cube
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Latest Property News
OTHER DEVELOPMENTS
- Affordable Housing (Penang Island)
- Butterworth Arena
- Columbia Asia Medical Centre
- Eco-Tourism Hub @ Batu Kawan
- Escape Penang – Eco Theme Park
- GBS @ The Waterfront
- GBS by The Sea
- Gurney Wharf
- IKEA Batu Kawan
- Island Medical CIty
- Kobay Jelutong
- Lin Xiang Xiong Art Gallery
- Linear Waterfront
- Mitsui Outlet Park @ PIA
- One Auto Hub @ Batu Kawan
- Penang Arts District
- Penang Eastern Seafront Development
- Penang Medical & Digital Technology Hub
- Penang Premium Outlets (Design Village)
- Penang Sentral
- Penang South Islands
- Penang Transport Master Plan
- Penang Waterfront Convention Centre
- Penang World City
- PIA Expansion
- Silicon Island
- Teluk Bahang Wellness Resort
- The Ship Campus (ALC College)
- The Top @ Komtar
- Wellness City of Dreams
