Paramount Palmera, a freehold light industrial development by Paramount Property in central Seberang Perai.  Strategically located near Jalan Permatang Tinggi, within the vicinity of the established industrial address of Bukit Minyak.  It is conveniently connected to transport networks with easy access to major highways. In this modern era of commerce, it’s ... Read More

Master Community Developer, Sunway Property announced that it had achieved RM 2.0 billion in sales with an unbilled revenue of RM 4.3 billion for its financial year ended December 31, 2022. In the same period, the developer also delivered over RM 1.3 billion worth of projects and has a total ... Read More

Housing units at Ideal Residency, an affordable housing project by Ideal Property Group in Bukit Gelugor, are selling fast like hotcakes as the state government today confirmed that 97.5 per cent of units there have been sold. State Housing, Local Government, Town and Country Planning Committee chairman Jagdeep Singh Deo said ... Read More

The Real Estate and Housing Developers’ Association Malaysia (Rehda) yesterday said their members are inclined to increase the housing price this year due to several factors. Its president Datuk NK Tong said among the biggest issue found in their reports are the high cost of building materials as well as increasing ... Read More

With Local Government Development Minister Nga Kor Ming recently announcing that there are 429 “sick” housing projects, comprising 70,727 units involving 29,147 buyers nationwide as of Jan 31, the National House Buyers Association (HBA) is urging the authorities to prosecute developers that abandon their projects. Sick housing projects are defined ... Read More

The design of the proposed Penang South Islands (PSI), a 1,821ha project next to the Penang International Airport at Bayan Lepas, has been recognised as a sustainable piece of development when it comes to minimising emissions. The Malaysian Green Technology and Climate Change Corp (MGTC) has honoured Penang for its ... Read More

Perbadanan PR1MA Malaysia (PR1MA) under the Local Government Development Ministry will be building some 4,000 high-rise homes in Penang over the next five years. The agency will carry out residential and mixed development projects on its two plots of land measuring 121.4ha in the state. The projects have an estimated ... Read More

Elna PCB Malaysia Sdn Bhd (Elna PCB) is achieving another milestone with the expansion of a new plant in central Seberang Perai here. Elna PCB, one of the key printed circuit board (PCB) players in Penang, is set to invest about RM1 billion; which includes the plant, equipment and machinery. Established ... Read More

Imagine taking in the peaceful atmosphere of a public park and checking out the world of art from a whole new perspective – both at the same time! Visitors to the Armenian Park can do so now, thanks to the newly-launched ARmenian Park project. A collaboration between Penang Art District and ... Read More

Hunza Group has added another milestone to its record amidst a year of celebration for its 45th anniversary. In a star-studded Metro Finance Hong Kong Leaders’ Choice Award Ceremony held on 9 February 2023 in JW Marriott Hotel Hong Kong, the eminent developer from Penang clinched the Excellent Brand of ... Read More