Penang Property Talk
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SITE PROGRESS: Sinaran Residences (Sept 2023)
ID works and podium level 7 in progress...
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Penang’s residential prices grew 5.78% in 1H2023, 2nd best in Southeast Asia
Residential prices in Penang grew 5.78 per cent year-on-year (YoY) making it the second-best performing city in Southeast Asia, according to Knight Frank Asia-Pacific…[READ MORE]
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Gurney Bay Phase 1 set to open by year-end
The first phase of the Gurney Bay project is 96.15% completed, with construction work expected to conclude on Sept 30…[READ MORE]
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Strong demand for first phase of Penang Technology Park in Bertam
23 local and foreign companies signed SPA, and another 20 over the next 2 months…[READ MORE]
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UPCOMING: Permatang Pauh / Pemaju Kelang Lama Sdn. Bhd.
Proposed 3-storey terrace houses near Permatang Pauh...
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Rehda lauds Local Government Development Ministry’s proposal to introduce special urban renewal law
The Real Estate and Housing Developers’ Association (Rehda) Malaysia welcomes the announcement by Local Government Development Minister Nga Kor Ming on the proposal to introduce a new law to oversee urban regeneration efforts in the country, according to a statement issued by Rehda president Datuk NK Tong on Thursday…[READ MORE]
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SITE PROGRESS: Savana @ Utropolis (Sept 2023)
Located along Jalan Cassia Barat 2, adjacent to Sensasi and Sinaran Residences. It is less than 5 minutes’ walking distance to Design Village outlet mall and UOW MALAYSIA KDU Penang University College…
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Penang LRT project included in 12th Malaysia Plan (12MP)
10 new transportation projects have been included in the 12th Malaysia Plan (12MP) including the Penang light rail transit (LRT) project...[READ MORE]
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Chinatown @ Raja Uda

This development offers 30 units of freehold extendable 4-storey shop offices, featuring a build-up from 3,337 sq.ft – 7,337 sq.ft...
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Vacancy tax possible answer to property glut issue?
The implementation of a vacancy tax could be a key factor in addressing the issue of vacant and unsold housing units across Malaysia...[READ MORE]
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Opening of RM80 million art gallery in Gelugor set for 2025
Penang, known for its rich heritage and vibrant culture, will soon welcome the opening of the RM80mil Lin Xiang Xiong Art Gallery at The Light City in Gelugor...[READ MORE]
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Hill valley near Paya Terubong to be turned into agro-tourism resort
The project, overlooking the Bukit Kukus Bypass bridge, will combine the features of a nature resort with flying fox lines…[READ MORE]
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Penang introduces RM100K affordable housing for RM5K income
New affordable housing category for households with incomes below RM5K…[READ MORE]
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UPCOMING: George Town / Jiran Bina Sdn. Bhd.
Proposed office tower in George Town…
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Celebrate Mid-Autumn Festival with Savana [RSVP]
Drop by Savana, Utropolis Batu Kawan this Saturday (30 September) for some exciting activities, laughter, light refreshments...
[RSVP Now]
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Penang poised to become MedTech Hub of Asia
Penang is set to become the MedTech Hub of Asia due to the rise of its medical device exports…[READ MORE]
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