The Penang government has agreed in principle that the 20% surcharge for affordable housing units sold in the northeast district will be reduced to 10%. State Housing, Town and Country Planning Committee chairman Jagdeep Singh Deo told International Real Estate Federation (FIABCI) Penang branch members that this was to invigorate ... Read More

Batu Kawan, situated at southern part of Seberang Perai is the new branding in the making. A decade ago, it was not a place where people would want to visit. An empty land, it was. However, a makeover took place when the Government chose Batu Kawan as the mainland site ... Read More

Mutiara Jesselton, an upcoming low-medium cost housing development by Berjaya Land at Batu Gantong, also known as the parcel 3 of Jesselton Villas master-planned development. It is just a short drive away from Penang Turf Club and easily accessible via Jalan Scotland. This development comprises a 32-storey residential tower and 16 units of ... Read More

Eco Horizon Sdn Bhd, a wholly-owned unit of Eco World Development Group Bhd, has signed a conditional agreement with Batu Kawan Development Sdn Bhd (BKDSB) to acquire a piece of land in Seberang Prai, Penang, for RM681.99 million. In a filing to Bursa Malaysia on Tuesday, Eco World said its ... Read More

660 The Butterworth-Kulim Expressway Interchange (BKE IC) is one of the busiest junctions on the Mainland, with traffic volumes at the at­-grade signalised roundabout as high as 10,000 passenger car units (PCU) per hour during peak traffic. The highest turning traffic volume was observed to be the northbound right­-turn from ... Read More

The Butterworth-Kulim Expressway Interchange (BKE IC) is one of the busiest junctions on the Mainland, with traffic volumes at the at­-grade signalised roundabout as high as 10,000 passenger car units (PCU) per hour during peak traffic. The highest turning traffic volume was observed to be the northbound right­-turn from NSE ... Read More

Members of the Penang Transport Council (PTC) have been divided into two working groups to study the Penang Transport Master Plan (PTMP). Its chairman Chow Kon Yeow said one group would study the transport issues of the PTMP while another group would study the master plan of the three proposed ... Read More

Instead of blowing their cash on pricey gadgets, young Malaysians are saving up for their first home. While most Gen Y shy away from owning property in developed countries and big cities, demand from millennials here is still holding, especially with parents assisting them with the downpayment, Real Estate and ... Read More

Marriott Residences, a mixed development by BSG Property in Georgetown in Penang. It is located between the famous tourist belt of Gurney Drive and Kelawai Road, next to Evergreen Laurel Hotel. The proposed development comprises a new 55-storey skyscraper, featuring a mixed of hotel rooms and condominium units: Hotel (223 ... Read More

Nautical Bay, a completed, build-then-sell condominium by OHM Group at Butterworth. It is located next to Affina Bay Condominium, about 3km away from the upcoming Penang Sentral. This development offers 28 residential units with gross built-up area of 2,152 sq.ft., and panoramic of Penang Island. There are only 2 units ... Read More