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Mainland folk to decide on transport master plan
The people of Seberang Prai will have a say in the RM27bil Penang Transport Master Plan, said Chief Minister Lim Guan Eng. “The plan will affect them. They must have a say and voice out whether they...
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AFFORDABLE: Gelugor / Ideal Capital Venture Sdn. Bhd.
Penangites will now have more choices of affordable housing with the newly proposed development in Gelugor by Ideal Capital Venture Sdn. Bhd. It is strategically along Jalan Bukit Gambier, less than...
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Tri Pinnacle vs i-Santorini
Affordable housing is no longer a new topic for potential home buyers. So many yet it could be so few that is suitable. Today, let’s take a stroll into comparing the two most popular affordable housing...
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UPCOMING: Jelutong / Key Pride Sdn. Bhd. (SP Setia)
Despite property market has shown signs of softening, here is another high-rise development proposed by SP Setia in Jelutong. It is strategically located off Lorong Slim, just a short drive away from...
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Projects worth RM41bil in Penang next year
Five developers will undertake RM4.33bil in property projects in Penang next year despite a challenging year for the property market. The developers planned to price their mostly residential properties...
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Ewein To Acquire Land In Penang For RM162 Million
Current project by Ewein – City of Dream Ewein Bhd’s (Ewein) unit, Ewein Zenith II Sdn Bhd, has inked a sale and purchase agreement (SPA) with Consortium Zenith BUCG Sdn Bhd (CZBUCG) to acquire a...
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Ramah Pavilion vs One Foresta
If you are buying your first home in the South-West district of Penang, you may be interested to find out how are these two affordable housing projects compared to each other. Ramah Pavilion One...
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Land reclamation the only way to fund transport plans in Penang
Penang Transport Master Plan (PTMP). No choice but to reclaim land to fund transport plans in Penang Over the past seven years, the DAP-led Penang government has had to endure criticism from various...
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Glisten Hill
Glisten Hill, an upcoming high-rise development in Juru, Penang. This development is located along Jalan Juru, comprises 134 units of service suites. It is only a short drive from Juru Autocity, about...
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Penang Property Outlook 2016
Looking back at 2015 2015 was certainly a challenging year for property developers. Various cautionary signals continued to influence the market sentiments. This is evidenced by the consecutive...
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Queens Waterfront Residences
Queens Waterfront Residences, an upcoming waterfront development by Ideal Property Group at Bayan Bay with gross development value (GDV) of RM600mil. This development is located in front of BayStar...
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Aspen Group sets RM1 bil sales target
Penang-based Aspen Group has set a sales target of RM1 billion this year after recording sales of RM900 million last year. Aspen Group CEO Datuk M Murly (pictured) said the target will be achieved...
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Vertu Resort Condominium
Vertu Resort Condominium, the very first resort-inspired high-rise development by Aspen Group at Batu Kawan, with a gross development value (GDV) of RM620mil. This is the second phase (and the first...
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Penang Property Summit 2016 (8th -10th January)
Lectures on property among expo’s highlights The Penang Property Summit 2016 will take place from Friday to Sunday for the second year running at the Subterranean Penang International Convention and...
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Bill for PTMP could exceed RM27b
The final cost of the Penang Transport Master Plan (PTMP) could balloon to more than the estimated RM27 billion once all the plans — including for the elevated rail system alignment — and the relevant...
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Eco Marina
Eco Marina, an upcoming gated and guarded landed development by Eco World, located in the northern part of Batu Kawan. The masterplan of this development comprises a 150-acre waterfront and...
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Penang accepts PR1MA applications
Penang has received its first two Perumahan Rakyat 1Malaysia (PR1MA) applications to undertake affordable housing projects involving 2,600 units. The applications are for a project in Batu Ferringhi...
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Eco Meadows vs Skyridge Garden
Today, let us have a comparison between apple and orange. If you have a budget of about RM700,000 to RM800,000, which of these two projects would you buy? Eco Meadows offers an exclusive landed living...
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Help developers get advertising permit and licence, Rehda urged
The Real Estate and Housing Developers’ Associa-tion (Rehda) Penang has been urged to play a bigger role in helping local developers obtain the advertising permit and developer licence (APDL) for their...
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Expert’s View on Penang Property Market, with Numbers and Figures
Looking at the Penang property market, all property transactions in the state saw fluctuations throughout the whole 2014 before it dipped in 2015. The first quarter of 2014 recorded a total 6,416...
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