Property prices likely to increase before year-end
The selling prices of residential properties in the country will likely increase by 5% to 20% soon. Real Estate and Housing Developers’ Association immediate past chairman Tan Hun Beng told StarBiz that a price hike was in the offing and likely to happen before the end of the year, as construction costs had increased substantially…[READ MORE]
The selling prices of residential properties in the country will likely increase by 5% to 20% soon. Real Estate and Housing Developers’ Association immediate past chairman Tan Hun Beng told StarBiz that a price hike was in the offing and likely to happen before the end of the year, as construction costs had increased substantially…[READ MORE]
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SITE PROGRESS: Muze @ PICC (Jun 2022)
Good progress at Penang International Commercial City...
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Good progress at Penang International Commercial City...
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IHG to revive long-abandoned Mutiara Beach Resort in Teluk Bahang
The plan to resurrect the former five-star Penang Mutiara Beach Resort in Teluk Bahang after it was closed down for the past 16 years signifies international investor’s confidence in the Penang tourism industry, says state Tourism and Creative Committee chairman Yeoh Soon Hin…[READ MORE]
The plan to resurrect the former five-star Penang Mutiara Beach Resort in Teluk Bahang after it was closed down for the past 16 years signifies international investor’s confidence in the Penang tourism industry, says state Tourism and Creative Committee chairman Yeoh Soon Hin…[READ MORE]
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Scientex Sungai Dua (Affordable 2 Storey Terrace House) – A Thriving Township with Excellent Connectivity
An upcoming 2-storey affordable housing by Scientex (Skudai) Sdn. Bhd. (A subsidary of Scientex Berhad), at Sungai Dua, North Seberang Perai Utara District...
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An upcoming 2-storey affordable housing by Scientex (Skudai) Sdn. Bhd. (A subsidary of Scientex Berhad), at Sungai Dua, North Seberang Perai Utara District...
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Rehda to discuss with Penang government on property development challenges
The Real Estate and Housing Developers’ Association Malaysia (Rehda) Penang is hoping to have a meeting with the Penang government, local governments and the relevant authorities soon to mitigate the challenges of the property development industry…[READ MORE]
The Real Estate and Housing Developers’ Association Malaysia (Rehda) Penang is hoping to have a meeting with the Penang government, local governments and the relevant authorities soon to mitigate the challenges of the property development industry…[READ MORE]
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The oldest abandoned mansion in Penang worth RM30mil
Perched on a hill and facing the Penang channel, Udini House in Jalan Tunku Kudin, Gelugor, has been unoccupied since the 1960s. It is believed to be one of the oldest abandoned houses in Penang, if not the country…[READ MORE]
Perched on a hill and facing the Penang channel, Udini House in Jalan Tunku Kudin, Gelugor, has been unoccupied since the 1960s. It is believed to be one of the oldest abandoned houses in Penang, if not the country…[READ MORE]
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Smith+Nephew open its new facility in BKIP
Smith + Nephew, a leading global medical technology company, has officially opened its much-anticipated, high-technology manufacturing facility in Batu Kawan Industrial Park (BKIP) today…[READ MORE]
Smith + Nephew, a leading global medical technology company, has officially opened its much-anticipated, high-technology manufacturing facility in Batu Kawan Industrial Park (BKIP) today…[READ MORE]
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SITE PROGRESS: Urban Suites (Jun 2022)
Construction completed… A commercial property development by Aspen Vintage Sdn. Bhd. (Cosmopolitan Homes) in the established township of Jelutong.
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Construction completed… A commercial property development by Aspen Vintage Sdn. Bhd. (Cosmopolitan Homes) in the established township of Jelutong.
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UPCOMING: Permatang Tinggi / Puncakcity Development Sdn. Bhd.
Newly proposed mixed development by Puncakcity Development Sdn. Bhd. near BM AEON Mall…
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Newly proposed mixed development by Puncakcity Development Sdn. Bhd. near BM AEON Mall…
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Rent-to-own scheme to help Penangites owning their first home
The State Government intends to expand homeownership in Penang through ‘rent-to-own’ (RTO) which currently only involves Type A and Type B Affordable Housing (RMM)…[READ MORE]
The State Government intends to expand homeownership in Penang through ‘rent-to-own’ (RTO) which currently only involves Type A and Type B Affordable Housing (RMM)…[READ MORE]
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Modest drop in property overhang in Q1 2022
The National Property Information Centre’s (Napic) property market snapshot for the first quarter of this year (Q1 2022) shows residential overhang has dropped marginally to 35,592 units valued at RM22.45 billion…[READ MORE]
The National Property Information Centre’s (Napic) property market snapshot for the first quarter of this year (Q1 2022) shows residential overhang has dropped marginally to 35,592 units valued at RM22.45 billion…[READ MORE]
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BNM likely to hike rates again in July and September
Malaysia’s central bank will raise rates by 25 basis points on Wednesday, its first consecutive rise in more than a decade, to rein in inflation stemming in part from a weaker ringgit as the US Federal Reserve hikes aggressively, a Reuters poll found…[READ MORE]
Malaysia’s central bank will raise rates by 25 basis points on Wednesday, its first consecutive rise in more than a decade, to rein in inflation stemming in part from a weaker ringgit as the US Federal Reserve hikes aggressively, a Reuters poll found…[READ MORE]
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TNB to build 8.5km monopole transmission tower in parallel with Penang bridge
Tenaga Nasional Bhd (TNB) is investing RM500mil to strengthen the electricity supply in Penang…[READ MORE]
Tenaga Nasional Bhd (TNB) is investing RM500mil to strengthen the electricity supply in Penang…[READ MORE]
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Penang looks forward to having its largest convention centre by Q1 2025
The Penang Waterfront Convention Centre (PWCC), which is set to be the largest convention centre in the state, will act as a catalyst for more events to take place in the state after its scheduled completion in the first quarter of 2025…[READ MORE]
The Penang Waterfront Convention Centre (PWCC), which is set to be the largest convention centre in the state, will act as a catalyst for more events to take place in the state after its scheduled completion in the first quarter of 2025…[READ MORE]
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BNM raises OPR by another 25 bps to 2.25%
The monetary policy committee (MPC) of Bank Negara Malaysia announced today that it has raised the overnight policy rate (OPR) by 25 basis points, raising it to 2.25%. This came amid rising food and energy prices…[READ MORE]
The monetary policy committee (MPC) of Bank Negara Malaysia announced today that it has raised the overnight policy rate (OPR) by 25 basis points, raising it to 2.25%. This came amid rising food and energy prices…[READ MORE]
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SITE PROGRESS: GEM Residences (July 2022)
Under construction... diagonally opposite Megamal Pinang at Jalan Baru.
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Under construction... diagonally opposite Megamal Pinang at Jalan Baru.
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Penang Hill Gallery @ Edgecliff now open
After four years of transformation, the Penang Hill Gallery @ Edgecliff is finally open! From its outdoor terrace and balconies, the impressive art deco-styled bungalow offers an amazing 270-degree view of Penang island…[READ MORE]
After four years of transformation, the Penang Hill Gallery @ Edgecliff is finally open! From its outdoor terrace and balconies, the impressive art deco-styled bungalow offers an amazing 270-degree view of Penang island…[READ MORE]
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Punchor Sanctuary Garden
A gated and guarded residential development by Oriental Link Properties Sdn. Bhd. at Nibong Tebal. Located adjacent to Taman Residensi Punchor, just a mere minutes drive from Nibong Tebal town centre…
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A gated and guarded residential development by Oriental Link Properties Sdn. Bhd. at Nibong Tebal. Located adjacent to Taman Residensi Punchor, just a mere minutes drive from Nibong Tebal town centre…
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Nibong Tebal Arena to be completed Q1 next year
The construction work on the most-awaited and biggest sports centre in the south Seberang Perai (SPS) district, known as Nibong Tebal Arena, is expected to be completed by the first quarter of next year…[READ MORE]
The construction work on the most-awaited and biggest sports centre in the south Seberang Perai (SPS) district, known as Nibong Tebal Arena, is expected to be completed by the first quarter of next year…[READ MORE]
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