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New Holiday Inn & Suites in Penang

InterContinental Hotels Group (IHG®), one of the world’s leading hotel companies, has signed a management agreement with Exopuri Development Sdn Bhd to develop a new 288-room Holiday Inn & Suites...

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Mirage @ Tanjung Bungah

Picture for illustration only Mirage @ Tanjung Bungah, another high-rise mixed development by Kobay Development at Tanjung Bungah, Penang. It is located on a 1.5 acre seafront land along Jalan Tanjung...

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Property prices can come down if …

Will property prices come down?” This is not a new question especially in a time when the property market is soft. Before one answers that question, panellists at TheEdgeProperty.com’s Roundtable on...

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Property sales dipped further in first half of 2016

Market performance remained sluggish in the first half of this year as property transaction numbers in the country continued their downward trend. According to the National Property Information...

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The challenge of housing affordability

The right to shelter is an inalienable basic human right. Providing basic, sufficient and affordable housing for its people, particularly those with a low income, is one of the fundamental duties of...

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UPCOMING: Bukit Mertajam / Airmas Synergy

An upcoming residential development by Airmas Synergy at Bukit Mertajam. It is strategically located near Jalan Permatang Rawa, just a stone’s throw away from Sunway Wellesley development scheme by...

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Amaris – The Premium Residential Address

Want to be part of Penang’s most desirable community? Amaris, superluxe terrace houses by-the-sea® presents a golden opportunity for any homeowner who wishes to become part of the community here within...

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UPCOMING: Tanjung Bungah / Biopolis Global Sdn. Bhd.

Another newly proposed project by Biopolis Global Sdn. Bhd. at Tanjung Bungah. Strategically lcoated along Jalan Chan Siew Teong, easily accessible via Solok Tanjung Bungah. It is adjacent to Chee...

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Jerejak island resort to be redeveloped, joint venture with Ideal Property

Tropical Island Resort Sdn Bhd (TIRSB) has entered into a joint-venture agreement with Q Islands Development Sdn Bhd (QID), a subsidiary of Ideal Property Group, to redevelop the Jerejak Rainforest...

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Development density guidelines in Penang to take effect next year

The guidelines for the increase in development density to 128 units per acre from 87 units per acre will only come into effect next year in Penang. Penang Local Government, Traffic Management and Flood...

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SP Setia buys land in Penang for RM620m

Image source: TheEdgeProperty.com.my SP Setia Bhd is acquiring 1,675 acres of land in Penang for RM620.12 million following a successful tender bid. In a filing with Bursa Malaysia yesterday, the group...

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MARC Residences

MARC Residences, an upcoming mixed development by Jayamas Property Group at Bukit Mertajam. Strategically located on a 1.84 acres land along the ever bustling Jalan Song Ban Kheng. It is diagonally...

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Penang Tunnel road projects face further delay

The three paired roads proposed as part of the RM6.3 billion undersea tunnel project could be delayed further due to land and environmental assessment issues, said state executive councillor Lim Hock...

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First landed residences at Aspen Vision City to launch next year

Aspen Vision City Sdn Bhd (AVCSB) is set to launch its first landed housing at Aspen Vision City in Bandar Cassia, Batu Kawan, Penang next year. AVCSB is a subsidiary of Aspen Vision Land Sdn Bhd...

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AFFORDABLE: Jelutong / Nova Land Development

Map showing approximate location A proposed affordable housing by Nova Land Development Sdn. Bhd. at Jelutong, Penang. It is strategically located near Nova Place and Grace Residence by Nova Mulia...

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Tanjung Bungah – Teluk Bahang Paired Road

The proposed paired road from Tanjung Bungah to Teluk Bahang will reduce the travelling time between the two places by more than half, said project director Mazlan Ali. He said it now took about 20...

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Official Launch of Utropolis @ Batu Kawan

Paramount Property, the property development division of public-listed Paramount Corporation Berhad (Paramount), today marked its debut in the Penang property market with the unveiling of Utropolis...

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No intention to limit foreign ownership of heritage buildings

The Penang government does not have any intention to table an enactment to limit foreigners from buying pre-war buildings in its world heritage zone, state executive councillor Jagdeep Singh Deo said...

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ViLuxe @ Aspen Vision City

ViLuxe, an upcoming gated and guarded luxurious designer bungalow development by Aspen Group in Aspen Vision City. It comprises 157 units zero-lot bungalow with direct access to the future 25-acre...

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Hua Yang Introduces Meritus Residensi in Penang

Marking the Group’s inaugural entry into Penang’s property market, Hua Yang Berhad (“Hua Yang” or the “Group”), a leading property developer in the affordable housing sector, introduced Meritus...

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