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Scientex Sungai Dua (Affordable 2 Storey Terrace House) – A Thriving Township...
Scientex Sungai Dua – An upcoming 2-storey affordable housing by Scientex (Skudai) Sdn. Bhd. (A subsidary of Scientex Berhad), at Sungai Dua, North Seberang Perai Utara District. Scientex continues to...
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Rehda to discuss with Penang government on property development challenges
The Real Estate and Housing Developers’ Association Malaysia (Rehda) Penang is hoping to have a meeting with the Penang government, local governments and the relevant authorities soon to mitigate the...
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The oldest abandoned mansion in Penang worth RM30mil
Image source: Pinterest / Facebook Perched on a hill and facing the Penang channel, Udini House in Jalan Tunku Kudin, Gelugor, has been unoccupied since the 1960s. It is believed to be one of the...
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Smith+Nephew open its new facility in BKIP
Smith + Nephew, a leading global medical technology company, has officially opened its much-anticipated, high-technology manufacturing facility in Batu Kawan Industrial Park (BKIP) today. The new...
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SITE PROGRESS: Urban Suites (Jun 2022)
About Urban Suites A commercial property development by Aspen Vintage Sdn. Bhd. (Cosmopolitan Homes) in the established township of Jelutong. It is easily accessible via Tun Dr Lim Chong Eu...
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UPCOMING: Permatang Tinggi / Puncakcity Development Sdn. Bhd.
Newly proposed mixed development by Puncakcity Development Sdn. Bhd. at Permatang Tinggi. Strategically located on approximately 46 acres of land near the intersection of Jalan Permatang Tinggi and...
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Rent-to-own scheme to help Penangites owning their first home
The State Government intends to expand homeownership in Penang through ‘rent-to-own’ (RTO) which currently only involves Type A and Type B Affordable Housing (RMM). State Housing, Local Government,...
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Modest drop in property overhang in Q1 2022
The National Property Information Centre’s (Napic) property market snapshot for the first quarter of this year (Q1 2022) shows residential overhang has dropped marginally to 35,592 units valued at...
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BNM likely to hike rates again in July and September
Malaysia’s central bank will raise rates by 25 basis points on Wednesday, its first consecutive rise in more than a decade, to rein in inflation stemming in part from a weaker ringgit as the US...
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TNB to build 8.5km monopole transmission tower in parallel with Penang bridge
Tenaga Nasional Bhd (TNB) is investing RM500mil to strengthen the electricity supply in Penang. In a statement published two weeks ago, TNB said the project would bring a direct connection of...
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Penang looks forward to having its largest convention centre by Q1 2025
The Penang Waterfront Convention Centre (PWCC), which is set to be the largest convention centre in the state, will act as a catalyst for more events to take place in the state after its scheduled...
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BNM raises OPR by another 25 bps to 2.25%
The monetary policy committee (MPC) of Bank Negara Malaysia announced today that it has raised the overnight policy rate (OPR) by 25 basis points, raising it to 2.25%. This came amid rising food and...
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SITE PROGRESS: GEM Residences (July 2022)
About GEM Residences GEM Residences, a commercial development by Belleview Group at Prai, Penang. It is part of the company’s 6 hectares mixed development along Jalan Baru, diagonally opposite...
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Penang Hill Gallery @ Edgecliff now open
After four years of transformation, the Penang Hill Gallery @ Edgecliff is finally open! From its outdoor terrace and balconies, the impressive art deco-styled bungalow offers an amazing 270-degree...
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SITE PROGRESS: Sunshine Central (July 2022)
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...
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Punchor Sanctuary Garden
Punchor Sanctuary Garden, a gated and guarded residential development by Oriental Link Properties Sdn. Bhd. at Nibong Tebal. Located adjacent to Taman Residensi Punchor, just a mere minutes drive from...
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Nibong Tebal Arena to be completed Q1 next year
The construction work on the most-awaited and biggest sports centre in the south Seberang Perai (SPS) district, known as Nibong Tebal Arena, is expected to be completed by the first quarter of next...
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Rehda Penang ready to partner with state govt
Following a tradition, the new committee of the Real Estate and Housing Developers’ Association Malaysia (Rehda) Penang paid a courtesy call on Chief Minister Chow Kon Yeow in Komtar yesterday. The...
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PropertyGuru Asia Awards Malaysia in partnership with iProperty.com.my...
The 2022 PropertyGuru Asia Awards Malaysia in partnership with iProperty.com.my, the hallmark of excellence in Malaysian real estate, has launched the voting period for the People’s Choice Awards,...
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AFFORDABLE: Bukit Mertajam / MHL Development Sdn. Bhd.
Newly proposed affordable housing development by MHL Development Sdn. Bhd. at Bukit Mertajam. Located off Jalan Indah 5 in Taman Bukit Indah, adjacent to The Retreat Condominium. It is just a mere...
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