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Search results for ‘SP’

lucerne-residences-site-progress-oct2024

SITE PROGRESS: Lucerne Residences (Oct 2024)

About Lucerne Residences The final phase of residential development by Ideal Property Group at Ideal Vision Park in Bayan Lepas. It is just a short drive to Penang International Airport, 10 minutes walking distance to Straits International School. The project will see two blocks of 36-storey skyscrapers featuring a European living concept. It offers 480 ... Read More
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Bayan Suite

Bayan Suite, a mixed development by Mutiara Biopolis Developments Sdn. Bhd. at Bayan Mutiara. Strategically located adjacent to Tun Dr. Lim Chong Eu Expressway, just a short drive away from Penang Bridge. It is adjacent to The Zen development by Asia Green and neighboring with D'Residence gated communities. A few other on-going developments within ... Read More
penang-projects-budget-2025

Penang to benefit from elevated highways, LRT and airport expansion in Budget 2025

Penang is poised to gain substantial advantages from a series of development projects highlighted in Budget 2025, unveiled by Prime Minister Datuk Anwar Ibrahim in the Dewan Rakyat on Friday (Oct 18). Chief Minister Chow Kon Yeow described these projects as essential enhancements for the state, addressing the needs of ... Read More
budget2025-housing

Budget 2025: Housing Highlights

Today, Prime Minister and Finance Minister Datuk Seri Anwar Ibrahim presented the Malaysian Budget 2025, with significant provisions for housing and development. Below are the key takeaways: Support for First-Time Home Buyers The government's Housing Credit Guarantee Scheme (SJKP) will now guarantee loans of up to RM500,000 for first-time home ... Read More
sinaran-residences-now-freehold

Sinaran Residences @ Utropolis Batu Kawan is now freehold!

Sinaran Residences has officially become a freehold development! This milestone provides Paramount Property's valued homeowners with long-term benefits and a greater sense of ownership security. Their heartfelt testimonials speak to the happiness this change has brought to their lives: "Sinaran Residences, now a freehold property, is a legacy I look forward to ... Read More
medical-and-tech-hub-batu-kawan

Fajarbaru Builder Group to develop medical city in Batu Kawan

Fajarbaru Builder Group Bhd has announced its entry into a significant joint development project with Penang Development Corporation (PDC) in Bandar Cassia, Batu Kawan. The development will include a medical city, Medi-City, and a mixed-use hub. Fajarbaru has agreed to pay RM111.45 million to PDC for the purchase of 51.17 ... Read More
bukit-minyak-alma

Jalan Alma – Jalan Bukit Minyak road expansion project completed

The RM8.5 million road expansion and median construction project at Jalan Alma and Jalan Bukit Minyak (Phase 1) has officially been completed, aiming to improve traffic conditions in the area. Penang infrastructure, transport and digital committee chairman, Zairil Khir Johari, stated that the project, executed by the Public Works Department (JKR), ... Read More
queens-residences-3-site-progress-oct2024

SITE PROGRESS: Queens Residences 3 (Oct 2024)

About Queens Residences 3 The third phase of the Queens Waterfront development by Ideal Property Group (also known as Q3), situated near Queensbay in Penang. Positioned strategically on reclaimed seafront land directly opposite Queensbay Mall, it’s an expansion of the successful Q1 and Q2. The new phase of development will introduce another ... Read More
sanctuary-row-site-progress-oct02024-2

SITE PROGRESS: Sanctuary Row (Oct 2024)

About Sactuary Row A freehold commercial development at Permatang Sanctuary by IJM in Bukit Mertajam. Located along Jalan Santuari 2, right across the road from Sanctuary Villa. It is only 2km away from AEON Mall and Tesco Hypermarket, about 15-minute drive to Juru Auto-City and Penang Second Bridge. This development features 24 units ... Read More
landed-property

No inheritance tax in 2025 Budget

Transport Minister Anthony Loke dismissed claims that the government is planning to introduce inheritance tax in the upcoming 2025 Budget, scheduled to be tabled on Oct 18. Loke said he had never heard of such a proposal in cabinet meetings. He was referring to a report quoting analysts from local ... Read More