SITE PROGRESS: Straits City (Jan 2024)
Seafront integrated development at Butterworth...
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PDC and LPNPP signed memorandum for Mahsuri URC project
Penang Development Corporation (PDC) has signed a Memorandum of Agreement (MoA) with the Penang State Housing Board (LPNPP) regarding the ownership of 59 parcels in Block H, Mahsuri near Bayan Baru here...[READ MORE]

Penang’s housing launches expected to gain momentum in 2024
In its Real Estate Market Outlook 2024 report launched yesterday, the property consultancy said new launches of high-rise residentials will comprise mainly those located on the island, while landed residentials will be in Seberang Perai... [READ MORE]

G’Vinton
Upcoming serviced residence next to AmBank in the heart of George Town...
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SITE PROGRESS: Savana @ Utropolis (Jan 2024)
Under construction at Batu Kawan. Tower Level 7&8 structural works in progress...
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Not so rosy for office and serviced apartment property in 2024
Residential and industrial properties are likely to see higher demand but only in selected areas…[READ MORE]

Cassia Cempaka – Serenity Within Reach
Landed property from RM625k onwards at Batu Kawan. Phase 2 is open for registration now!
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Bayan Lepas LRT Project is set to be finalized soon
Bayan Lepas LRT Project is set to commence later this year, according to Transport Minister Anthony Loke Siew Fook…[READ MORE]

Redevelopment of Kampung Manis: RAC and LPNPP sign MoU for collaborative development
The planned development also promises a more organized infrastructure with smoother traffic flow…[READ MORE]

Gurney Vertex
Commercial suites near Kelawai Road...
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Penang water tariffs to double from Feb 1
Rebates will be given to the hardcore poor and poor households comprising a minimum of eight people...[READ MORE]

SITE PROGRESS: Iconic Regency (Jan 2024)
Under construction near SK Sungai Nibong...
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GEM Residences key handover expected in the next 6-8 months
The topping-out ceremony for the GEM Residences, a collaborative luxury apartment project between Belleview Group and LTC Group, took place on Thursday…[READ MORE]

Penang calls on PLUS to implement Juru-Sungai Dua traffic dispersal project
The Penang government has called on PLUS Malaysia Berhad (PLUS) to implement the Juru-Sungai Dua elevated highway project for the dispersal of the worsening traffic congestion in the area…[READ MORE]

Aspen’s latest mixed development Versa inaugurated on Friday
Indicative price starting from RM370k onwards…[READ MORE]

IJM in talks for two foreign hotels in Light City
IJM Perennial Development Sdn Bhd (IJMPD) is currently negotiating for a China and a US-brand name hotels to operate in the RM4.5bil Light City mixed development project in Penang…[READ MORE]

Escalating prices dash homeownership dreams for Malaysian millennials
The aspiration of owning a home, a cornerstone of financial stability and future planning, remains an uphill battle for many Malaysian millennials residing in major cities…[READ MORE]

REHDA: Different housing affordability measures needed
A Strategic Approach to Balancing Supply and Demand…[READ MORE]

BNM keeps OPR at 3%
In its recent meeting, the Monetary Policy Committee (MPC) of Bank Negara Malaysia announced the decision to maintain the Overnight Policy Rate (OPR) at 3%…[READ MORE]

SITE PROGRESS: Lucerne Residences (Jan 2024)
Under construction, near Penang International Airport...
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