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Award that Recognise Excellence in property development – PIPDA
Property Insight is proud to present the fifth edition of the annual Property Insight Prestigious Developer Award (PIPDA) 2019, which will be held at the Shangri-La Hotel on the evening of 3rd May...
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Promising future for Penang property market
Penang Chief Minister Chow Kon Yeow has expressed his confidence that the state’s property market will be promising in the near future as the present soft market situation is only a cyclical...
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Pan Island Link 1’s EIA report approved
The Environmental Impact Assessment (EIA) report for the proposed Pan Island Link 1 (PIL1) in Penang has been approved by the Environment Department (DOE). Chief Minister Chow Kon Yeow said the...
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Bayview
Bayview, a proposed mixed development by Malim Jaya Sdn. Bhd. in Batu Ferringhi, Penang. Strategically located next to Miami Green condominium, just a couple minutes walk away from Miami Beach. The...
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Penang LRT work to start next year
Construction of the proposed Komtar-Bayan Lepas Light Rail Transit (LRT) project, part of Penang’s multi-billion ringgit Transport Master Plan (PTMP), is expected to begin next year. Chief Minister...
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Air Itam link road to be completed by May 2020
Traffic congestion in Jalan Air Itam and Jalan Thean Teik would ease when the RM3.7 million project to link Jalan Pisang Berangan and Jalan Thean Teik is completed by May next year. Air Itam...
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Federal Government approved Penang South Reclamation project
The National Physical Planning Council (NPPC) has approved the proposed Penang South Reclamation (PSR) project to create three islands off the southern coast of the main island. Penang Chief Minister...
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Penang CM: No approval on PSR yet
Chief Minister Chow Kon Yeow has clarified that there is no approval yet for a plan to reclaim three man-made islands off the southern coast of Penang island. He said the state government must follow...
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Taman Seri Sepadu
Taman Seri Sepadu, a mixed development by Exopuri Group at Tasek Gelugor. Located along Jalan Permatang Manggis, just a mere minutes drive to Penang-Kedah border via Jalan Tasek Gelugor. It is about...
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The Millennium
The Millennium, an upcoming joint venture development between Ivory Villas Sdn. Bhd. and Asia Green Development Sdn. Bhd. at Batu Uban. Strategically located next to The View Twin Towers, just a mere...
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UPCOMING: George Town / Southern Twin Management
A newly proposed luxury development by Southern Twin Management Sdn. Bhd., strategically located along Jalan Macalister in George Town. It is immediately opposite Scott Residence, just a stone’s throw...
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Penang Govt optimistic of moving forward with urban regeneration projects
The Penang government is looking forward to positive news from the Federal Government concerning the implementation of urban regeneration projects in the state. State Housing, Town, Country Planning...
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Construction of the Air Itam – LCE Expressway bypass will start Sept 1
After years of delays, construction of the elevated highway from Air Itam to Tun Dr Lim Chong Eu Expressway will start on Sept 1. The highway is a vital road for some 300,000 Penangites living in the...
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Refer to Finance Ministry if home loan application rejected
Action will be taken against banks who “deliberately” do not give out housing loans to those who are eligible or who fulfill the criteria. “If you have difficulty getting loans, refer to MoF (Ministry...
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Botanica.CT Redefines Better Living in Balik Pulau
Located in southwest district of Penang island, Botanica.CT is a self-sustaining 300-acre garden township development by MTT Properties Sdn. Bhd. in Balik Pulau. Once being known as a home to an aging...
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10% drop in unsold residential properties in Penang
Malaysia has recorded a total of 32,313 units of unsold completed residential properties in 2018 valued at about RM19.8 billion. This is a 30.6% increase from 24,738 units recorded in 2017, according...
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Cable stay bridge for Pan Island Link 1
Part of the highway under the Pan Island Link 1 (PIL 1) project that would pass through the City Park in George Town, Penang, will be in the form of a 250m-long cable stay bridge. Chief Minister Chow...
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Penang to study Airbnb woes before legalising them
How other cities worldwide tackle their Airbnb problems are being studied to see if the home-sharing business could be legalised or regulated in Penang. The office of the Penang State Exco for Tourism...
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20 Most Active Projects in Penang (Jan – Apr 2019)
It’s been a while since we last posted the most active projects. Many people have been asking how is the property market sentiment in Penang with all the negativity around the residential overhang...
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PR1MA housing may be dissolved
The future of the 1Malaysia People’s Housing (PR1MA) depends on the outcome of its due diligence and turnaround plan, said chairman Tan Sri Eddy Chen. “We are working on a turnaround plan. Whether...
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