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Penang road closure on Sept 15 for WCIT 2022
Several roads in Penang will be closed to make way for the 26th edition of the World Congress on Innovation and Technology (WCIT) 2022. Penang police chief Datuk Mohd Shuhaily Mohd Zain (pic) said...
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Malaysia’s overhang situation is getting better but still very high
Malaysia’s overall overhang situation improved in the first half of 2022 (1H2022), with a drop of 7.5 per cent to 34,092 units from 2H2021 in terms of volume and a drop of 4.6 per cent to RM21.73...
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Monopole transmission tower next to the Penang Bridge to be completed by 2024
Penang will soon have an 8.5km monopole transmission tower next to the Penang Bridge, connecting the Perai Power Station (SJ) Main Inlet Substation (PMU) to the Light PMU in Penang to strengthen the...
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Queens Waterfront Sports Complex to be completed in 2026
The Queens Waterfront Sports Complex, a project by Ideal Property Group, is expected to play a key role in strengthening Penang’s sports development. Spanning over a total development area of...
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Penang Affordable Housing Expo 2022 @ Prangin Mall (October 7-9)
Penang State Housing Board (LPNPP) will be organizing Penang Affordable Housing Expo (Home Ownership Campaign) from October 7 to 9 at Prangin Mall in George Town. The expo will feature various...
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First digital library in Bukit Mertajam to be ready in 2024
The Penang government, through the Chief Minister Incorporated (CMI), and Jit Sin School Union Bukit Mertajam have inked a partnership to establish the very first Penang Digital Library (PDL) in Bukit...
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Stonyhurst International School set to welcome first batch of students on...
Stonyhurst International School in Straits Quay will be welcoming some 300 students in its first year, with the first term starting on Sept 26. Chief Minister Chow Kon Yeow, after inspecting the...
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Thriven buys apartment land in Penang for RM21mil
Thriven Global Bhd is acquiring 4,700 sq metres of freehold land in Butterworth that has been approved for the development of serviced apartments. The group’s subsidiary, Bukit Punchor Development Sdn...
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Homebuyers in the Penang to benefit from KPKT’s Home Ownership Programme (HOPE)
Property buyers in the northern states of Malaysia are in for a treat, as the housing and local government ministry recently launched Karnival Jom Beli Rumah Wilayah Utara, in conjunction with the...
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SITE PROGRESS: Celesta Residency (Sep 2022)
About Celesta Residency Mixed development by Red Blue Development Sdn. Bhd. (TGB Group) in the established township of Sungai Nibong. Strategically located along Jalan Sultan Azlan Shah, diagonally...
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High-rise owners urge Penang govt to review homestay restrictions
A homestay owners’ group has joined calls for the Penang government to reconsider the proposed restrictions on short-term rental accommodation in high-rise buildings. The Malaysian Association of...
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AFFORDABLE: Sungai Dua / PTL Residence Sdn. Bhd.
A newly proposed affordable housing development by PTL Residence Sdn. Bhd. at Sungai Dua in Butterworth. Located near Jalan Sungai Dua Utama 3, just stone’s throw away from SK Desa Murni. It is less...
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Amaanee Residences
Amaanee Residences, an upcoming Wakaf development by Uda Land within Taman Wakaf Seetee Aisah 1 in Seberang Jaya. It is strategically located next to North-South Expressway, just a few minutes’ drive...
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Penang REHDA expects property market performance to improve in 2023
The Penang Real Estate and Housing Developers Association (REHDA) hopes that the performance of the country’s real estate market for 2023 will improve compared to previous years. Penang REHDA chairman...
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Swedish firm SIBS opens second plant in Penang
The world-leading Sweden-based construction tech company Scandinavian Industrialised Building Systems (SIBS) has invested over RM200 million to set up its second manufacturing facility at the Penang...
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Revised George Town Unesco World Heritage Site SAP ready for public feedback
The revised Special Area Plan (SAP) for George Town Unesco World Heritage Site, now up for public viewing, will ensure the township is sustainable. The plan included a review of land use trends and...
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AFFORDABLE: Bukit Mertajam / Iconic Maison Sdn. Bhd.
Yet another proposed affordable housing development in Bukit Mertajam. Undertaken by Iconic Maison Sdn. Bhd, the development will be located within at Alam, near the junction of Jalan Rozhan and Jalan...
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REHDA & Analyst: OPR hike unlikely to keep property market down
Property analysts and housing developers said any further interest rate hike on the property sector will be minimal and only create headwinds in the short term. They said a rate hike would undoubtedly...
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TNB’s RM500mil project to bolster Penang’s electricity supply
Artist impression Tenaga Nasional Berhad (TNB) has launched a RM500mil project to boost electricity supply in Penang. The project will see direct connection of supply from the national grid to Penang...
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SITE PROGRESS: Iconic Regency (Oct 2022)
About Iconic Regency A mixed development by Iconic Development Sdn. Bhd. at Sungai Nibong. Strategically located along Jalan Sultan Azlan Shah, next to SK Sungai Nibong. It is only 10 minutes walk to...
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