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UPCOMING: Batu Kawan / PE Development Sdn. Bhd.
A proposed residential development by PE Development (Penang) Sdn. Bhd at Batu Kawan. Strategically located next to Design Village, less than 2 minutes drive to the upcoming IKEA. It's only about 20km away from the key employment centre of Bayan Lepas Free Trade Zone. This development will see the construction of ... Read More

Tunnel and highway will be constructed 465 metres behind Kek Lok Si Temple
Kek Lok Si Temple will never be the same if the highway from Gurney Drive to the airport is built because a 300m-long elevated highway and a tunnel to Paya Terubong will be constructed just a few hundred metres behind the temple. Kek Lok Si Temple is adamant that it ... Read More

Residential over hangin Penang a major issue
Residential overhang in Penang is still a major issue and the current market situation is not making it any better. Overhang is defined as built properties that remain unsold at least nine months after completion. The overhang in Penang is likely due to unaffordable property prices and financing issues. The various ... Read More

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UPCOMING: Simpang Ampat / Palma Budimas Sdn. Bhd.
Yet another proposed landed residential development by Palma Budimas Sdn. Bhd. at Bandar Tasek Mutiara in Simpang Ampat. Located adjacent to Pearl Square 1 shop offices, just a stone's throw away from Pearl City Sales Gallery. It is within 10 minutes walking distance to GEM International School, about 5km away ... Read More

Town hall session for Penang highway project
A public town hall on the Pan-Island Link (PIL) highway project has been announced, said NGO Citizen Awareness Chant group (Chant). Chant advisor Yan Lee welcomed the timely move, reported Malaysiakini, saying the session will be organised by the federal government, and stakeholders would be invited to share their views ... Read More

The Turf (New Plan)
The Turf, a freehold residential development proposed by Chong Company facing Penang Turf Club. It is located along Jalan Batu Gantung, right next to to Scotland Villas condominium. The project was initially proposed as a 34-storey residential building in 2012. It is now being revised to a 46-storey building, offering 228 unit ... Read More

Primary Market versus Secondary Market
by Anders Ong There are two main market in properties transaction, which comprise of:- Primary Market – Direct purchase of a new property from developers. Examples are under construction properties or projects off the plan and unsold units from the developers. Secondary Market – Direct purchase of properties from primary ... Read More

Local property market to pick up
Knight Frank Malaysia managing director Sarkunan Subramaniam said foreign investors are expected to return in the first quarter of 2019 on the back of more transparent policies with the new government. "Rents of high-end condominiums will stabilise and prices will hold. As for the office market, rents will remain competitive ... Read More

New National Housing Policy in September
There will be a considerable number of changes in the National Housing Policy expected to be announced in September which includes the rental-tenancy market, the National Housing Department said. Some of the laws will take two years to study and establish but the wheels of change are in the works, ... Read More
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Latest Projects
TODAY'S MOST READ
RECENT COMMENTS
- @Millionaire I doubt a millionaire will stay in an apartment at Perak lane, definitely is...millionaire on Twin Star
- What's the take up rate of this condominium? ...PPbee123 on The Lume @ Andaman Island
- @LOL Pier ...LL on Merione Grand
- Merione Grand vs Stark Tower vs Exsim project, which is better? ...LOL on Merione Grand
- I think Penang is in dire need of proper CBD infrastructure. Too many people doing...Irwin on Penang undersea tunnel still a key solution to traffic woes
- @Hee Chan Location of Twin is very strategy with all amelities available within walking distance....Millionaire on Twin Star
- Basically the project is way overpriced, they got more than enough allowance to pay for...Hee Chan on Twin Star
- @Ryu More like the developer is in panic mode losing to The Cube, and is...Hee Chan on Twin Star
- @Goppal Memorable but not put to good use anyway. Not like they turn it into...Islander on Iconic Boon Siew Villa demolished for luxury residential project
- @Hee Chan Quite unlikely, it is almost 4% of the sales price already. I truly...Floyd on Twin Star
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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