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Dez Residence
Dez Residence, an ongoing low-density development by OHM Group at Tanjung Bungah, Penang. Located on an approximately 10,000 sq.ft. land next to Infinity Beach Front Condominium, about 500 meters away from Dalat International School. A 2-storey bungalow was demolished for the construction of a 10-storey building, offering only 6 units ... Read More
Property, industrial groups support Penang Transport Master Plan
Property and industrial groups today backed the implementation of the RM27 billion Penang Transport Master Plan (PTMP) for the greater good. Federation of Malaysian Manufacturers (FMM) Penang Branch vice chairman KK Hun said the state needed to move forward or risk being left behind. He cited Malacca and Johor as ... Read More
UPCOMING: Bukit Mertajam / Sanbumi Sawmill Sdn. Bhd.
A proposed mixed development by Sanbumi Sawmill Sdn. Bhd. (subsidiary of Sambumi Holdings Berhad) at Alma, Bukit Mertajam. Strategically located on a 1.62 acres land along Jalan Rozhan, about 1km away from AEON Mall and Tesco Stores. This will see the demolition of the abandoned 5-storey building (formerly known as ... Read More
Tambun Indah Land to roll out RM170 mil worth of launches in 2017
Penang-based property developer Tambun Indah Land Bhd plans to launch three new projects worth about RM170 million for 2017, said the developer. These projects are Pearl Saujana phase 1, Pearl 28 in Pearl City, Bandar Tasek Mutiara and Palma Residence in Alma, Penang. “The group is optimistic that the planned ... Read More
APDL approvals to boost Penang market
After waiting for months on end for their applications for advertising permits and developers’ licences (APDLs) to be approved, developers in Penang breathed a sigh of relief recently — they have finally been given the nod. They are now busy with sales and purchase agreement signings and banking in of cheques, ... Read More
Quinton
Quinton, another affordable housing at Balik Pulau, by Prisma Bumiraya Sdn. Bhd. (Pearl Ocean). It is located along Jalan Sungai Pinang, next to Titi Teras Primary School. Only less than 2km away from Balik Pulau town centre. This development will see the construction of a 16-storey residential building, offering 383 affordable ... Read More
Penang, Sabah picked as top investment regions for leisure/hotel sub-sector
Penang and Sabah remain the most attractive regions for investment in the hotel or leisure sub-sector, according to respondents of Knight Frank’s Malaysia “Commercial Real Estate Investment Sentiment Survey 2017” (CREISS). “Looking into the most attractive regions for investments in 2017, Sabah and Penang were voted as the most attractive ... Read More
Making George Town pedestrian-friendly, one back lane at a time
The unkempt and inaccessible back lanes of George Town will soon be upgraded, beautified and opened up for easy access to pedestrians and cyclists. Starting with three small lanes first, the Penang Island City Council (MBPP), together with Think City, plans to renovate these, upgrade the drainage systems and widen ... Read More
EcoWorld sees property market improving in 2017
Premier lifestyle developer Eco World Development Group Bhd (EcoWorld) is optimistic about the overall property market this year, which it expects to improve, partly anchored by factors that include low interest environment and positive buying sentiment. "I acknowledge that the property market is still challenging. But this year is going ... Read More
Imperial Grande
Imperial Grande, a mixed development by Modular Platinum Sdn. Bhd. (Ideal Property Group) in Sungai Ara, Penang. It is located along Jalan Fettes, surrounded by Iconic Skies, Gardens Ville and Imperial Residence. This development will offer a mix of landed and high-rise properties, with 2 level of shop offices located below ... Read More
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