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Penang undersea tunnel work sees slight delay
Consortium Zenith BUCG Sdn Bhd (CZBUCG), the main contractor for the RM6.3 billion undersea tunnel project in Penang, will commence the construction on June 15, slightly later than its original...
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5 Most Popular Projects in 2015
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...
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Sapphire @ Batu Maung
Sapphire, a small residential development by Seal Properties Sdn. Bhd. in Batu Maung, Penang. Located along Jalan Batu Maung, accessible via Lorong Batu Nilam 1. It is adjacent to Sunway Mutiara...
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Ewein subsidiary buying Penang land for RM2.8b
Aerial view of Bandar Tanjung Pinang / Gurney Drive Ewein Bhd’s subsidiary is buying 50 acres of land at Bandar Tanjong Pinang, Penang for RM2.83bil for a proposed “Wellness City of Dreams” resort. The...
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UPCOMING: Jalan Patani, Georgetown / Eonlite Ventures
A mixed development proposed by Eonlite Ventures at Jalan Patani in Georgetown. This development will see the demolition of the existing office and warehouse building located next to Jalan Patani...
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Should I buy the 3rd car park?
by Charles Tan If we are buying a new place with two car parks and there are available car parks for sale, should we buy one more? These days, all condos should come with 2 car parks. Read here: Condos...
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Penang mulls avenues to fund LRT ops under TMP
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...
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PLB acquires Phoenix Residences and project at Batu Maung
Those who are waiting for this proposed project at Batu Maung, you can expect to see the launch of the semi-detached and bungalow houses soon with the latest acquisition by PLB Engineering Bhd. Read...
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Penang restructures affordable housing
Penang government today announced the rebranding of low-cost and medium-cost houses to affordable housing types A and B. With the rebranding, low-cost houses costing RM42,000 each will now be known as...
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OWG to finish RM180mil Komtar revitalisation job by year-end
Only World Group Holdings Bhd (OWG) expects to complete the project to revitalise the 65-storey Komtar tower in Georgetown, Penang, in the second half of this year. The food outlet and water amusement...
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UPCOMING: Simpang Ampat / Oriental Eagles Sdn. Bhd.
Following the success of Eco Meadows gated and guarded scheme by EcoWorld, another commercial development has recently been proposed by Oriental Eagles Sdn. Bhd. along Jalan Paboi. It is located next...
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E & O gains more time to finish Seri Tg Pinang reclamation
Eastern & Oriental Bhd (E&0) has been given three additional years to complete the reclamation works for phase 2 of the RM25bil Seri Tanjung Pinang development. The property developer told...
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Aspen Group eyes listing by end-2016
Penang-based property player Aspen Vision Development Sdn Bhd (Aspen Group) is targeting to have its shares floated — either on the Main Market of Bursa Malaysia or the Catalist board of the Singapore...
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UPCOMING: Sungai Ara / PPH Resorts Sdn. Bhd.
A proposed luxury development by PPH Resorts Sdn. Bhd. in Sungai Ara, Penang. It is situated on a hill next to Setia Pearl Island, with panoramic views over Penang International Airport and second...
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Mixed Development by Plenitude @ Tanjung Tokong
An on-going seafront mixed development by Plenitude Bayu Sdn. Bhd. in Tanjung Tokong, Penang. It is strategically located next to Four Points by Sheraton, just a short walk away to Penang Chinese...
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Developer SP Setia launching condo units and semi-detached homes this year
Renowned developer SP Setia Bhd is launching two new projects in Penang this year. They are Solok Slim, the developer’s maiden project in Jelutong, and Isle of Palm in Setia Pearl Island, Sungai Ara....
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Budget 2016 Revised: Houses priced up to RM300K are limited to first time...
Incentives to housing for first-time buyers and free rice were among several measures Putrajaya announced as part of its Budget 2016 revision to help the lower-income groups tackle rising living costs....
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Unveiling The Lawn @ Eco Terrace (31 January 2016)
You are exclusively invited to a day on The Lawn at Eco Terraces. Spend a relaxing evening of live music with family and friends, and savour a freshly brewed cup of coffee at our new glass coffee...
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Penang Sky Cab Plan Update
The planned cable car station is part of the future development of Jelutong landfill and it will be along Tun Dr Lim Chong Eu Expressway near the landfill’s entrance next to a petrol station. Penang...
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Stagnant market in Penang keeps price growth minimal in 3Q
Movement in values in Penang’s secondary residential market remained stagnant this year due to a lack of transactions, says Raine Horne International Zaki + Partners Sdn Bhd senior partner Michael Geh....
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