Ideal Property Development Sdn Bhd, the parent company of Ideal United Bintang Bhd (IdealUBB), will initiate a corporate exercise in the second half of this year to inject RM1bil worth of properties into IdealUBB. The properties are priced below RM600,000. “This is part of an on-going corporate exercise over five ... Read More

The Penang property market has observed an upward trend in recent years. Those on the trail of luxury living space should look no further than the exclusive portfolio of residences nestled in the serene enclave of Seri Tanjung Pinang. Here’s what residents of Seri Tanjung Pinang have to say about ... Read More

2016 looks to be another happening year for property industry in Penang. While many industry experts predicted the property market to remain slow, our website traffic has hit an all-time high with nearly 1 million pageviews and over 180k unique visitors in Q1. With that in mind, let's take a look at the 20 ... Read More

Penang Transport Master Plan, also known as PTMP, is a comprehensive plan formed by the Penang state government to improve transportation within the entire State of Penang. The plan is expected to cost RM27 billion (US$6.65 billion), envisages more alternative transportation modes to combat worsening traffic congestion across the state, ... Read More

Penang, affectionately known as the Pearl of the Orient is a famed tourist destination blessed with long stretches of sandy beaches and lush hills of tropical rainforests. This natural haven is also rich in history and culture with its capital, George Town recognised as a UNESCO World Heritage Site and ... Read More

Two more companies have joined the race to bid for 1Malaysia Development Bhd’s (1MDB) land in Air Itam, Penang. Sources said that Suiwah Corp Bhd, a supermarket chain operator, and Titijaya Land Bhd, a Klang Valley-based property developer, have put in their bids for the 94.7ha in Air Itam. Earlier, ... Read More

Many have been asking whether is there any possibility of property price in mainland to be on par or better than in Penang Island? Vertu Resort at Batu Kawan is selling at the same price as One Foresta open market units at Sungai Ara. So if you have a budget ... Read More

The Gurney Wharf project has drawn a mixed reaction from the public. While some have given the thumbs up to the mammoth project, others remain cautious on the impact it would cause to the environment. Avid jogger and lawyer David Hoon said the project would definitely be a boon for joggers ... Read More

The Penang state is mulling various avenues to finance the operation of the rail system that forms part of its Transport Master Plan (TMP), among which is the set-up of a revolving fund with recurring rental revenue from property leasing once its planned 3,000-acre (1,214ha) land reclamation in the south ... Read More

While we are excited to keep you updated with more development news in 2016, let’s take a look at the 5 most popular projects in previous year. These projects are ranked based on page views recorded in 2015. 1. The Tamarind (95,200 views) Freehold executive apartments by E&O Property at Seri Tanjung Pinang, Penang. Located along Jalan ... Read More