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Meeting housing needs
Penang has spent more than RM256mil on maintenance projects involving public housing, local government housing and eligible private housing schemes since 2008. State housing committee chairman Jagdeep Singh Deo said the amount includes public housing maintenance scheme (RM195mil), state’s Housing Maintenance Maximum 80% Fund (TPM80PP) (RM35mil) and also the maintenance schemes ... Read More

Low interest rates one of the key reasons for a surge in demand
Property developer Paramount Corporation Bhd (PCB) remained bullish on the prospects for the second half of the year despite a rocky first half due to the Covid-19 pandemic and the Movement Control Order (MCO). “In a nutshell, for the first six months of the year, it’s a washout. But the ... Read More

SITE PROGRESS: QuayWest Residence (Sep 2020)
About QuayWest Residence Luxury residential development located next to Penang World City in Bayan Mutiara, Penang. This development comprises 1,235 condominium units in two 24-storey towers. Tower A offers 669 units with built-ups from 1,246 to 3,222 sq ft. Tower B comprises 566 units of various types, 253 units of which ... Read More

20 Most Active Projects in Penang (Jan – Aug 2020)
With the lifting of CMCO in early June, Google Search Trends report indicated that the search interest for property in Penang has rebounded to the pre-crisis level. Our website has recorded close to 1 million pageviews in the past 90 days (after CMCO), showing an increase of 3% traffic compared ... Read More

Pesta Pulau Pinang 2020 cancelled
This year’s Pesta Pulau Pinang has been cancelled due to the COVID-19 pandemic. Penang state financial officer Datuk Sarul Bahiyah Abu said the state executive council meeting had come to this decision on Aug 12. “Based on COVID-19 current developments in Penang, the state executive council has decided that this year’s edition of ... Read More

UPCOMING: Bukit Tengah / Prospek Setia Sdn. Bhd.
An upcoming commercial development by Prospek Setia Sdn. Bhd. at Bukit Tengah. It is a small development strategically located along the busy road of Jalan Kebun Nenas, next to Juru Sentral development. Just a stone's throw away from Juru Auto-City. This development will see the construction of a commercial building, ... Read More

Tropicana and Marriott International launch Courtyard by Marriott in Penang
The first Courtyard by Marriott in Malaysia, and also the 17th Marriott International brand in the country, has opened its door to the public. The hotel is located at Tropicana 218 Macalister in Penang’s UNESCO World Heritage Site. In a press statement today, the developer of the hotel - Tropicana ... Read More

PSR project slated to start first quarter of next year
The works on the Penang South Reclamation (PSR) project are expected to begin first quarter of next year. Penang Infrastructure Corporation Sdn Bhd (PICSB) chief executive officer Datuk Seri Farizan Darus said the implementation works of Island A would be the first to start. “The scheduled reclamation works will be ... Read More

Convent Light Street will be turned into private international school
Convent Light Street (CLS), the country’s oldest convent school, will be turned into a private international school that teaches the British syllabus. The Sisters of the Holy Infant Jesus (SIJ) order, which runs the convent, said while the new school will retain its identity, it will function as a co-ed ... Read More

D’Halona Place
D'Halona Place, yet another landed residential development at Tasek Gelugor by Pavilion Everise Sdn. Bhd. (a subsidiary of GSD Land). It is located along Jalan Kubang Menerong, just a stone's throw away from Setia Fontaines and Bandar Putra Bertam. This development is about 10 minutes drive from North-South Expressway via Sungai ... Read More
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