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Affordable housing should meet high quality standards
Penang State Housing, Town, Country Planning and Local Government Committee chairman Jagdeep Singh Deo stressed that the provision and supply of affordable housing in Penang should meet the standards...
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UPCOMING: George Town / CT Ceria Sdn. Bhd.
A newly proposed commercial high-rise development by CT Ceria Sdn. Bhd. in the heart of George Town. It is strategically located on a 1-acre land along Jalan Anson, adjacent to Penang’s National...
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Green lights for Penang Tunnel, and other mega projects
The government is anticipated to ink the development agreement for the long-held up controversial Penang tunnel project today morning just before the Budget 2020 tabling, sources said. The RM6.34...
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Budget 2020: Housing Highlights
Rent-To-Own scheme To assist those who are unable to pay 10% deposit and to secure the access of home purchase financing, the government will be working with financial institutions to introduce a...
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Construction of Ayer Itam-LCE Expressway bypass to start on Oct 31
After a six-year wait, the Penang government has inked the Bandar Baru Air Itam to Tun Dr Lim Chong Eu Expressway bypass road deal. Costing RM851mil, the 5.7km road is the second package of the three...
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Budget 2020: Penang Hill cable car plan gets RM100mil
Picture for illustration onlyThe Penang Hill cable car project, which received RM100mil allocation from the Federal Government in yesterday’s budget announcement, will be nothing short of world class....
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High Court: Owners to pay flat rate for maintenance charges based on share units
Residents at high-rise buildings without strata titles, where there are also offices and retail lots, will now pay service or maintenance charges according to a fixed formula following a landmark...
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Lowering threshold for foreigners only applicable to existing unsold condos
The move to lower the threshold for foreigners to buy condominiums and apartments in urban areas from RM1mil to RM600,000 is only applicable to existing unsold units, says Finance Minister Lim Guan...
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UPCOMING: Penang Turf Club / Berjaya Land Development
Proposed future development in Jesselton Villas neighborhood by Berjaya Land Development Sdn. Bhd. at Penang Turf Club. Strategically located along Jalan Batu Gantung, this development is surrounded...
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SITE PROGRESS: City of Dreams (Oct 2019)
About City of Dreams A freehold luxury lifestyle development at Seri Tanjung Pinang. The residential units come with size ranging from 1,000 sq.ft. onwards, with a well equipped kitchen accessories....
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Open tender for PTMP projects scheduled for next year
The Penang government is hoping to call for an open tender for the Penang Transport Master Plan (PTMP) projects in the second half of next year. Chief Minister Chow Kon Yeow said the state and the...
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Developers reminded to focus on cheaper homes
The Penang government has reminded developers of the importance of building affordable homes following the supply overhang of high-end condominiums and apartments. “When they build houses worth...
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Cable car from Penang Botanic Gardens to Penang Hill
The Penang government is in the midst of studying a proposal to build a cable car project from the recreational park in Penang Botanic Gardens to The Habitat in Penang Hill. Chief Minister Chow Kon...
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56 PR1MA development projects cancelled
A total 56 development projects under the PR1MA Corporation Malaysia (PR1MA), valued at RM9.98 billion have been cancelled, the Housing and Local Government Ministry (KPKT) said. The ministry, in a...
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Positive feedback on proposed Penang LRT
Of 16,140 feedback received on the proposed light rail transit (LRT) project for Penang, only 2.35% objected. Chief Minister Chow Kon Yeow said the feedback were obtained through a questionaire in...
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Gurney foreshore reclamation project handover started this month
Sectional handover of the 131.09-acre Gurney foreshore reclamation project has started this month with the first eight acres of land handed over to the Penang government on Oct 7. The full handover is...
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Penang exco to discuss price threshold for foreign property buyers
The Penang government will hold a discussion on the Federal Government’s proposal of reducing the minimum threshold for foreign property purchases to RM600,000. State Local Government, Housing, Town...
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SITE PROGRESS: 3 Residence (Oct 2019)
About 3 Residence Mixed development by IJM Land at Sungai Pinang. It is strategically located along Lebuh Sungai Pinang 1, easily accessible via Tun Dr. Lim Chong Eu Expressway. It offers a mix of...
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RM800,000 proposed as Penang property price threshold for foreign buyers
The Penang government has proposed that the price threshold for foreigners to purchase urban high-end properties in the state to be set at RM800,000, compared to RM600,000 announced by Finance...
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Alma Residence
Alma Residence, a gated and guarded development by Frasers Global Sdn. Bhd. at Alma in Bukit Mertajam. Located near Jalan Sejahtera 1, next to Taman Alma Jaya. It is just a mere minutes drive to AEON...
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