Penang state government has decided to build a RM4.8 billion elevated light rail transit (LRT) system in the state, rather than have a tram system, as part of the RM46 billion Penang Transport Master Plan (PTMP). This is to avoid associated costs of relocation of utilities, land acquisition and social ... Read More

A proposed mixed development by Ideal Green Resources (Ideal Property Group?) at Bayan Lepas, Penang. It is strategically along Jalan Sultan Azlan Shah, adjacent to Ideal Vision Park.   This development comprises six parcels, featuring a mixed of commercial and residential properties including affordable housing: Parcel A: 7-storey shop offices Parcel B: 40-storey low cost housing ... Read More

It's been a while since we last posted the most active projects. You must be wondering how active was Penang property market in the second quarter of the year. Based on our web traffic data, PenangPropertyTalk.com unique visitors has increased by 10% from last quarter and a slight increased in ... Read More

Bayan Lepas LRT Line became the popular topic of discussion ever since it was announced by Penang State Government as part of the Penang Transport Master Plan. Bayan Lepas LRT line, covering a total of 30 km length will likely be the first LRT line to kick off. We often ... Read More

Kuala Lumpur and Penang-based property developers are undertaking fresh projects with a gross development value (GDV) of RM4.04bil in Penang this year to ensure variety in the market. Eco World Development Group Bhd (with a GDV of RM280mil), Mah Sing Group Bhd (GDV of RM651mil), Ideal Property Development Sdn Bhd (GDV ... Read More

Eco World Development Group Bhd’s exciting Eco Bloom is set for launch soon, and the StarProperty.my Fair 2016 in Penang is the best time to register your interest. Those who sign up during the event from Thursday to Sunday will get priority privileges likefirst choice of units in the mixed ... Read More

An address that speaks for itself, Luminari which brings the meaning of lighting lamp is positioned to become an iconic landmark that brightens up a prospective future for Harbour Place, Penang. Strategically located close to eminent landmarks such as Butterworth Ferry Terminal and well connected to major access routes namely ... Read More

The Penang housing market moved sideways on both the primary and secondary markets in the first quarter of the year, says Michael Geh (pictured), director at Raine & Horne International Zaki + Partners. “I noted active transactions on the secondary market with prices staying flat,” he says in presenting the ... Read More

Penang-based developer Ideal Property Group plans to launch RM2.723 billion worth of condominium projects, with more than 3,600 units in total, on the island this year. Having launched the RM378 million SummerSkye Residences in Bayan Lepas, it is now looking to unveil its biggest project in terms of value in ... Read More

Members of Rehda Youth, the youth wing of the Real Estate and Housing Developers’ Association Malaysia (Rehda) always have their fingers on the pulse of the property industry. These young developers keep abreast of the challenges and trends in the market and are well aware of the buying behaviours of their ... Read More