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Juru Hills pilots innovative 5/95 loan scheme to ease homeownership
Homeownership is set to become more accessible with the launch of the Juru Hills affordable housing project (Rumah MutiaraKu). This initiative is backed by an RM18.5 million Tawarruq Financing Facility agreement between Bank Pembangunan Malaysia Berhad (BPMB) and Firma Atasan Sdn Bhd. A key highlight of the project is the ... Read More
Cassia Cempaka – Modern home built for convenience and comfort
Discover the epitome of modern living at Cassia Cempaka, a premier residential development nestled in the vibrant township of Bandar Cassia, Batu Kawan. Designed by PDC Properties Sdn. Bhd., this freehold project spans 28.47 acres and is inspired by the elegance of the Cempaka flower, offering a harmonious blend of ... Read More
A Glimpse into Penang’s Future: SkyWorld’s Healthy Home Concept at EdgeWood Residences
SkyWorld Development Berhad (SkyWorld) is setting a new benchmark in sustainable urban living with its SkyWorld Healthy Home concept, an innovative approach designed to integrate passive design strategies, smart innovations, and eco-conscious features. As SkyWorld prepares to introduce this concept in its upcoming Penang projects, a recent tour of EdgeWood ... Read More
SITE PROGRESS: Ideal Venice Residency (Feb 2025)
About Ideal Venice Residency The second phase of PR1MA affordable housing development by Ideal Property Group at Island Glades. Strategically located near the intersection of Jalan Bukit Gambir and Jalan Lembah, next to Ideal Residency. It’s just a stone’s throw away from University Science Malaysia (USM), about 5 minutes drive to Penang Bridge. This ... Read More
Malaysian property market poised for steady growth in 2025
The Malaysian property market is expected to see moderate growth in 2025, with property prices projected to rise between 2% and 5%, according to the Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector Malaysia (PEPS). This forecast was shared at the 17th Malaysian Property ... Read More
Government on track to deliver 500,000 affordable homes by year-end
The government is confident of achieving its target of delivering 500,000 affordable housing units (RMM) by the end of 2025, according to Housing and Local Government Minister Nga Kor Ming. As of 31 December 2024, 466,421 units—93.3% of the target—have been completed, are under construction, or are in the planning ... Read More
PROPOSED: 20-storey condominium at Batu Uban
This is a newly proposed condominium development in Batu Uban, situated on a 2.23-acre plot along Jalan Sultan Azlan Shah, adjacent to the Vilaris Courtyard upscale gated community. The location offers convenient access to the Penang Bridge, just a few minutes' drive away, and is approximately a 10-minute walk from ... Read More
Benchmark Precision Technologies breaks ground on 5th facility in BKIP
Benchmark Precision Technologies marked a significant milestone yesterday with the groundbreaking ceremony of its fifth manufacturing facility in Batu Kawan Industrial Park (BKIP). The new facility, set to be completed by June 2026, will be strategically located next to its fourth facility, further cementing Penang’s reputation as a hub for ... Read More
SITE PROGRESS: Queens Residences 3 (Feb 2025)
About Queens Residences 3 The third phase of the Queens Waterfront development by Ideal Property Group (also known as Q3), situated near Queensbay in Penang. Positioned strategically on reclaimed seafront land directly opposite Queensbay Mall, it’s an expansion of the successful Q1 and Q2. The new phase of development will introduce another ... Read More
Penang attracts global automation giant M.A.i with new production hub
M.A.i GmbH & Co. KG, a renowned German automation solutions provider, has officially opened a new production and sales facility in Penang, marking a significant step in its international growth strategy. This expansion strengthens the company’s presence in Southeast Asia, a region experiencing rapid industrial transformation driven by automation and ... Read More
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