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20 Most Active Projects in Penang (2H 2019)
As we are welcoming a brand new year in just a couple of hours, let’s take a look at the 20 most active projects in second half of 2019. At a glance, 60% of the top 20 list are from affordable housing projects. The Zen condominium continues to hog the limelight being the ... Read More
AFFORDABLE: Seberang Jaya / Green Ace Heritage SB. (Airmas Group)
A newly proposed affordable housing development by Green Ace Heritage Sdn. Bhd. (subsidiary of Airmas Group) at Seberang Jaya. Strategically located near Jalan Kelisa Emas 4, surrounded by a relatively new neighborhood that comprises K Residences, Primero Heights, Taman Naluri Indah, Taman Naluri Jaya and a few others. It is just a stone's ... Read More
Taman Air Tawar Indah
Taman Air Tawar Indah is strategically located within the matured coastal township of Teluk Air Tawar, in the heart of Northern Seberang Perai. It is one of the exclusively crafted landed development for the privileged few, promises easy connectivity to several neighbouring established townships through federal roads and North South ... Read More
Penang Eastern Seafront Development
Penang’s coastal landscape is set to further change once the RM1bil Eastern Seafront Development (ESD) project takes off early next year with the Promenade Walk above the sea easily being the top attraction.Penang Port Commission (PPC) chairman Jeffrey Chew said the Promenade Walk along the waterfront would start from the ... Read More
UPCOMING: George Town / Mutiara Solar Farm Sdn. Bhd.
Yet another proposed commercial development in the heart of George Town. Strategically located at the intersection of Jalan Burma and Lorong Kinta near where MEKIO Home Furnishing currently sits on. It is only a few minutes' walk distance to KOMTAR, situated outside of George Town UNESCO world heritage buffer zone. The proposed development ... Read More
SITE PROGRESS: Vertu Resort Condominium (Dec 2019)
About Vertu Resort Condominium First resort-inspired high-rise development by Aspen Group at Batu Kawan, with a gross development value (GDV) of RM620mil. This is the second phase (and the first residential development) in Aspen Vision City. Find out more about Vertu Resort Condominium ... Read More
AFFORDABLE: Paya Terubong / Yuan Seng Building Trading SB.
Yet another proposed affordable housing development at Paya Terubong, undertaken by Yuan Seng Building Trading Sdn. Bhd., the same developer who developed 86 Avenue Residences at Jelutong. It is located near Jalan Lebuh Paya Terubong 4, just a stone's throw away from Paya Terubong Fire and Rescue Station. This development ... Read More
SITE PROGRESS: Eco Horizon (Dec 2019)
About Eco Horizon a 300-acre integrated mixed-development township by EcoWorld at Batu Kawan, said to be the largest scheme undertaken by a single developer. It is strategically located right opposite the upcoming IKEA, off the primary interchange linking the Second Penang Bridge to the North-South Highway. Find out more about Eco ... Read More
Property sector improves on positive consumer sentiment
The overall performance of the property sector in Malaysia is deemed to have improved slightly in terms of transactions following the government’s initiatives to enable more Malaysians to buy their first house. Malaysian Institute of Estate Agents (MIEA) chief executive officer Soma Sundram Krishnasamy said based on a technical study, ... Read More
Taman Mengkuang Ria
Taman Mengkuang Ria, a landed residential development by Venice Trend Sdn. Bhd. at Kubang Semang, a township near the state border of Penang-Kedah. It is located on a 4.5-acres land near Jalan Mengkuang Keretapi, less than 5km away from the state border. For those who are working at Kulim, it will ... Read More
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