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Property Marketing Report 2016 indicates property prices remain steady
House prices have remained steady despite a slowdown in property sales and a huge overhang of unsold units. According to the Valuation & Property Services Department’s (JPPH) Property Market Report 2016, prices of residential property continued to grow, albeit moderately despite the current market glut. “The Malaysian House Price Index ... Read More
The Ship Campus (Peninsula College)
The Ship Campus (Peninsula College) is an upcoming university campus in Batu Kawan, combining an eco-friendly campus with a dynamic blend of technology and innovation to enable professional learning. The 5-acre campus is strategically located at the southern part of Batu Kawan and it is part of PKT's "One Auto ... Read More
Reclamation report to cover locals’ concerns
The Environmental Impact Assessment report for the reclamation on Penang island’s southern coast will be submitted to the Department of Environment by the end of this month. State Local Government, Traffic Management and Flood Mitigation Committee chairman Chow Kon Yeow said the report would comprise various studies on the impact ... Read More
Nafiri @ Val d’Or
Nafiri @ Val d’Or, a light industrial development by GUH Holding at Sungai Bakap. Strategically located next to 156.5km of North-South Expressway, adjacent to Valdor Industrial Estate. It is just a short drive away from Hijauan Valdor housing scheme by Asas Dunia. This development will feature 58 units of 3-storey ... Read More
UPCOMING: Batu Ferringhi / Orientside Development (Q)
Proposed high-rise residential development by Orientside Development Sdn. Bhd. in Batu Ferringhi, Penang. Part of the company's 13.3ha development next to the island’s tourism belt in Batu Ferringhi and adjacent to Uplands International School. The latest proposal comprises a 47-storey building with 8 levels of carpark and 2 residential towers ... Read More
Increase in contribution fee postponed
The Penang government has decided to postpone its decision to raise the contribution fee by developers who fail to build low-cost and low medium-cost housing until the year-end. State Housing, Town and Country Planning Committee chairman Jagdeep Singh Deo said the state received complaints from Penang Real Estate and Housing ... Read More
GBS @ Mayang
The Penang government will spend RM10mil to refurbish the Mayang Mall building in Bayan Baru and turn it into a Global Business Services (GBS) centre for investors. Chief Minister Lim Guan Eng said the GBS industry had huge growth potential and needed a conducive business environment in order to flourish ... Read More
UPCOMING: Bukit Minyak / Total Vista Development
A proposed development by Total Vista Development Sdn. Bhd. in Bukit Minyak. Located next to Taman Markisah, just a stone's throw away from Bukit Minyak Industrial Park. It is only less than 5 minutes drive to AOEN Big hypermarket. This development will be developed in four phases, offering a mix of high-rise and ... Read More
UPCOMING: George Town / Kiara Masterpiece Sdn. Bhd.
A proposed mixed development by Kiara Masterpiece Sdn. Bhd. in the heart of George Town, Penang. Strategically located at the intersection of Jalan Transfer and Jalan Sultan Ahmad Shah, diagonally opposite Menara KWSP. This development will see the restoration of the existing heritage building (currently occupied by Deluxcious Hotel Spa ... Read More
Dorms coming up for foreign workers
The conversion of a hotel in a suburb near here into a hostel for foreign workers was not done in compliance with the state’s guidelines, said Deputy Chief Minister I Datuk Mohd Rashid Hasnon. He said the hotel was also not among the list of places which had been approved ... Read More
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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
