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Greatech broke ground on new facility in Batu Kawan
Greatech Technology Berhad is realising its 10-year plan that involves venturing into the solar and life science industries, according to co-founder and CEO Datuk Tan Eng Kee. The company’s plan is...
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PIA expansion project to begin this year
Artist impression Penang International Airport (PIA) expansion project will take place this year and will be fully funded by Malaysia Airports Holdings Bhd (MAHB). Transport Minister Anthony Loke Siew...
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Ideal Property Group sets up RM4.2bil Penang Technology Park at Bertam
Ideal Property Group is setting up a new industrial park at Bertam, Northern Seberang Perai District, with a gross development value of RM4.2billion. This state-of-the-art industrial park, dubbed...
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SITE PROGRESS: The Zen & Zen 6 (Mar 2023)
About The Zen A mixed development by Asia Green at Bayan Mutiara. It is located next to Tun Dr. Lim Chong Eu Expressway, just a short drive away from the ongoing Penang World City township development...
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CM: Don’t demolish buildings in Penang without permission
Developers have been warned not to demolish old buildings without local council approval. “Whether buildings are in heritage zones or not, no developers should demolish buildings without prior...
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Research firm predicts 25bps hike in OPR this Thursday
RHB Research expects the central bank to hike the Overnight Policy Rate (OPR) by 25 basis points (bps) at the monetary policy committee (MPC) meeting on March 9. Its view was predicated on three main...
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Silicon Island Development inks deal with state govt to develop PSI (Island A)
The Penang South Islands (PSI) project is set to generate economic growth following the signing of the Project Development Agreement (PDA) between the state government and Silicon Island Development...
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Arica @ Andaman
E&O’s second serviced residence project at Andaman, Arica Executive Homes, follows the successful sales of The Meg, which is now fully sold out. Positioned adjacent to The Meg, Arica boasts...
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Discover the Exquisite Living Experience at Eco Horizon: A 300-Acre Freehold...
If you’re looking for a luxurious and spacious lifestyle, Eco Horizon is the perfect township for you. Spanning across 300 acres of freehold land in Batu Kawan, Penang, Eco Horizon is a unique blend...
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Transport Minister: PIA multi-storey car park to begin operations next month
Almost five years after construction began, the Penang International Airport multi-storey car park is expected to begin operations next month. The car park was supposed to be ready by the end of 2019....
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BNM maintains OPR at 2.75%
The Monetary Policy Committee of Bank Negara Malaysia kept the Overnight Policy Rate (OPR) at 2.75 percent. Despite positive developments such as the reopening of China’s economy and...
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UPCOMING: George Town / Advance Golden Properties Sdn. Bhd.
A newly proposed commercial development by Advance Golden Properties Sdn. Bhd. in the heart of George Town. Situated on Jalan Logan, directly across the road from Logan Ville apartment, this location...
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SITE PROGRESS: The Meg @ Andaman (Mar 2023)
About The Meg @ Andaman The first project in Andaman Island, the highly-anticipated prime reclaimed island of Seri Tanjung Pinang Phase 2A by E&O. Features two blocks of 27 and 34-storey serviced...
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E&O launches Arica on Andaman Island
Eastern & Oriental Berhad (E&O), the premier lifestyle property developer, has announced that all units at The Meg, its maiden project on Andaman island launched in 2021, has been taken up. On...
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The effect of OPR on the housing market
Will Bank Negara Malaysia (BNM) keep its overnight policy rate (OPR) at its current level for a longer period? The recent pause in rate hikes by the central bank bodes well for overall housing demand,...
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Taman Acheh Damai
Taman Acheh Damai, a small landed residential development by Asiabina Sdn. Bhd. in Nibong Tebel. Located within the vicinity of Sungai Acheh, about 10 minute’s drive to Nibong Tebal town centre via...
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No clear timeline for Penang Undersea Tunnel Project
Source: TheStar After more than a decade, the proposed Penang Undersea Tunnel, part of the RM46bil Penang Transport Master Plan, looks to be stalled due to delays in the release of the feasibility...
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UPCOMING: Sungai Jawi / Sierra Residences (M) Sdn. Bhd.
A proposed mixed development by Sierra Residences (M) Sdn. Bhd. at Sungai Jawi. Located along Jalan Sungai Bakap, next to JKR Seberang Perai Selatan. It’s only a mere minutes’ drive from Jawi Toll...
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Fort Cornwallis moat set to reopen to the public in 2025
The over-a-century-old moat of Fort Cornwallis, under the premier historic structure restoration project, is set to be reinstated before it is open to the public in 2025. The moat, on the south and...
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SITE PROGRESS: The Light City (Mar 2023)
About The Light City A 32.76-acre integrated mixed-use waterfront development by IJM Perennial Development in Gelugor, Penang. Strategically located next to The Light Collection, just a mere minutes...
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