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Greatech broke ground on new facility in Batu Kawan
Greatech Technology Berhad is realising its 10-year plan that involves venturing into the solar and life science industries, according to co-founder and CEO Datuk Tan Eng Kee. The company’s plan is divided into two parts: Factory Automation and Process Automation. The four pillars of the former will be solar, e-mobility, life ... Read More

Bypass will be constructed to connect Hijaun Hills and Bandar Tasek Mutiara
A bypass connecting Hijaun Hills to Bander Tasek Mutiara in the south Seberang Perai (SPS) district is set to be constructed, enhancing accessibility to the schools in the neighbourhood. The bypass will be constructed from Jalan Tasek Mutiara 10 to Jalan Hijauan Hills 1. This was announced by State Transport ... Read More

Penang Property Outlook 2023
As we step into 2023, the Penang property market is expected to continue its gradual recovery phase from the pandemic-induced slowdown. The year 2021/2022 was a good time to buy property in Penang, thanks to the Home Ownership Campaign (HOC), record-low interest rates, and developers offering freebies, discounts, and rebates ... Read More

Outrage over plans for 38-storey serviced apartment next to heritage site in Penang
Heritage advocates are concerned over plans to build a 38-storey condominium at Gat Lebuh Nordin here, less than 200m away from the George Town Unesco World Heritage Site western boundary. Planning permissions were submitted to the Penang Island City Council last week for approval. It is learnt that the proposed ... Read More

SITE PROGRESS: Sunshine Central (Feb 2023)
About Sunshine Central A re-development of the old Sunshine Farlim site into a new commercial complex with business hotel and serviced residence. The entire project will be over 3.7mil sq ft of gross area, spread over three blocks of 38-storey buildings, comprises 270 units of serviced apartments, 144 units of small ... Read More

Penang welcomes airport expansion and heritage conservation allocation in 2023 budget
The Chief Minister of Penang has welcomed the announcement by Prime Minister Datuk Seri Anwar Ibrahim in the 2023 Budget that the Penang International Airport expansion project will be implemented. The Chief Minister expressed his hopes that with the expansion of the airport, it can cater to around 20 million ... Read More

REHDA welcomes Budget 2023, urges solution for increasing building material prices
The Real Estate and Housing Developers’ Association (REHDA) Malaysia has welcomed the measures announced in Budget 2023 by the Unity Government on Friday. In particular, the association supports the government’s plans to build 12,400 units of low-cost houses under Program Perumahan Rakyat (PPR) and 4,250 Rumah Mesra Rakyat under Syarikat ... Read More

Paramount Palmera
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

Sunway Property announces RM2.3 billion sales target for 2023
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

Ideal Residency slated for completion in 2025
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
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