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50% of Vertu Resort’s condominium units taken-up

Aspen Vision City’s first residential development – Vertu Resort in mainland Penang, has seen 50% of its condominium units taken-up since its soft launch in February this year, according to Aspen...

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Mekarsari @ Bertam

Mekarsari @ Bertam, a residential development by Bandar Kepala Batas Sdn. Bhd. at Kepala Batas. It’s just a mere minutes to Bandar Putra Bertam, only 5 minutes drive away from Mydin Hypermarket and...

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First phase of Aspen Vision City to complete by 2019

The first phase of Aspen Vision City in Batu Kawan, Penang, will be completed by 2019. Aspen Group chief executive officer Datuk M. Murly said that the first phase comprised the Vervea which is a...

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UPCOMING: Batu Gantong / Berjaya Land Development

A proposed mixed development by Berjaya Land at Batu Gantong, Penang. It is strategically located next to the company’s guarded bungalow lots, just a short drive away from Penang Turf Club. The...

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A mismatch between demand and supply

We may be an aging society, but the fact is Malaysia’s population is made up of mainly the young. According to the Statistics Department, the largest age group in 2015 was those between the ages of 20...

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PI’s Property Showcase @ Queensbay Mall (12-15 May)

Mark your calendar and visit PI’s Property Showcase at Queensbay Mall on the weekend of 12-15 May! You will have a chance to meet the experts for tips and guides on investment strategies.  

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George Town Tram Line

The George Town World Heritage guideline states that the future developments shall not impact or demolish any part of the heritage buildings. In compliance with the heritage guideline, the tram line...

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Global luxury house prices moderated in 1Q2016

Global key cities’ prime residential prices have increased on average by 3.6% over the past 12 months to March 2016, compared with a 3.9% growth in the same period to 1Q2015, according to Knight...

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Bayan Lepas LRT and PIL 1 are the top two priorities

The state government is in no rush to implement the RM27 billion Penang Transport Master Plan (PTMP) as it is a multi-stage project spanning a 15-year period, said local government and traffic...

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Ivory in RM1.8bil Penang projects

The City Residence and The Wave to be main revenue contributors for the group IVORY Properties Group Bhd is carrying out RM1.8bil worth of projects on Penang island this year. This includes the first...

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UPCOMING: Sungai Nibong / Gembira Development SB.

Proposed mixed development by Gembira Development Sdn. Bhd. at Sungai Nibong, Penang. It is strategically located along Jalan Sultan Azlan Shah, diagonally opposite are SJK(C) Shih Chung, SRJK(C)...

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An interesting development concept by Hampshire Group

A Shaolin martial arts temple, international school, college, four-star hotel and over 2,100 residential units are planned for the huge piece of cleared hill slope forest near Teluk Bahang. The temple...

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18 East @ Andaman – Voices of the residents

The Penang property market has observed an upward trend in recent years. Those on the trail of luxury living space should look no further than the exclusive portfolio of residences nestled in the...

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Penang Monorail – Raja Uda / Bukit Mertajam Line

Raja Uda and Bukit Mertajam are two higher intensity development areas in Seberang Perai. Raja Uda, an upcoming development area is located in the northwest region of Seberang Perai and lies beyond...

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RM1bil properties to be injected into IdealUBB

Ideal Property Development Sdn Bhd, the parent company of Ideal United Bintang Bhd (IdealUBB), will initiate a corporate exercise in the second half of this year to inject RM1bil worth of properties...

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Moving Into a New Home

If you are looking for a brand new home – be it a condo, house, or holiday villa – you can find a lot of new home sales on property sites such as DDProperty. However, if you’re new to the property...

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UPCOMING: Tanjung Tokong / Regalia Pioneer Sdn. Bhd.

A commercial development proposed by Regalia Pioneer Sdn. Bhd. at Jalan Tanjung Tokong in Penang. This development will see the demolition of the existing single-storey building located next to...

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Young developers share their views

Members of Rehda Youth, the youth wing of the Real Estate and Housing Developers’ Association Malaysia (Rehda) always have their fingers on the pulse of the property industry. These young developers...

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Komtar-Bayan Lepas LRT and Property Prices

The LRT line linking Komtar and Bayan Lepas, estimated to cost around RM7bil to construct, is expected to generate about RM2bil worth of jobs for the local construction industry, said Penang Master...

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Penang BRT (Bus Rapid Transit) – Batu Kawan Line

Ongoing developments in Batu Kawan townships has intensified with the opening of the Penang Second Bridge. The proposed BRT system is to link the mixed industrial-commercial and residential townships...

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