AEM opens second manufacturing facility in Penang
Global leader in test innovation, has officially expanded its operation in Penang with its new facility located in the Perai Industrial Zone…[READ MORE]

SITE PROGRESS: Sinaran Residences (Jan 2023)
Utropolis development at Batu Kawan…
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Malaysia’s property market to recover in tandem with economic activities
Penang’s high-rise properties remain “sustained”, registering higher annual sales volume and value as of 3Q 2022…[READ MORE]

More initiatives and new environment-based master plan to realise PSI project
The Penang government is committed to realising the Penang South Islands (PSI) project after announcing new initiatives under the Social Impact Management Plan (SIMP) scheme and the introduction of the PSR Ecology Offset Master Plan (PEOM)…[READ MORE]

AFFORDABLE: Paya Terubong / Geo Valley Sdn. Bhd.
A newly proposed affordable housing development by Geo Valley Sdn. Bhd. in Paya Terubong. Located off Jalan Bukit Kukus, just a stone’s throw away from Asia Heights apartment and Pine Residence by the same developer…
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Public market in Batu Kawan to be completed in 2025
Residents in Bandar Cassia, Batu Kawan will have their first-ever public market in the area soon! [READ MORE]

Maldives Residences
New dual-key concept homes at Ideal City! Inspired by the enchanting archipelago of Maldives. From RM498k onwards.
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SITE PROGRESS: Celesta Residency (Jan 2023)
Opposite SJKC Kwang Hwa...
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Penang will pursue the George Town–Butterworth LRT link
The Penang government is still waiting to meet Prime Minister Datuk Seri Anwar Ibrahim and Transport Minister Anthony Loke to discuss the proposed George Town–Butterworth Light Rail Transit (LRT) project…[READ MORE]

Usher in joy and prosperity at Paramount’s CNY Open House (25 Jan)
Venue: Paramount Property Gallery @ Utropolis Batu Kawan.
New Show Unit available for viewing!
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Bank Negara likely to hike OPR to 3% tomorrow
Standard Chartered (StanChart) expects Bank Negara Malaysia (BNM) to increase the overnight policy rate (OPR) by 25 basis points to 3.0% during its monetary policy meeting tomorrow, reversing the Covid-induced rate cuts…[READ MORE]

AFFORDABLE: Teluk Kumbar / Rackson Gateway Century Sdn. Bhd.
Yet another affordable housing development proposed in Teluk Kumbar. Only 183 units.
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Latest Projects Gallery
Check out the latest 30 projects in Penang…
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BNM maintains overnight policy rate at 2.75pc
Bank Negara Malaysia (BNM) has decided to maintain the overnight policy rate (OPR) at 2.75 per cent today, allowing it to assess the impact of the cumulative past OPR adjustments, given the lag effects of monetary policy on the economy…[READ MORE]

AD: Iconic CNY Property Roadshow @ Gurney Plaza (24-29/1)
Bring along your families & friends to join Iconic this CNY at Gurney Plaza! See you there!
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Penang gives premium discounts for extension of leasehold lands, expired leases
Individual owners of agricultural and residential land are the groups that will enjoy the highest premium discount of 90%
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AD: Limited Offer: Get Muze@PICC Now & Save RM180,000
Great news, 2023 marks the 45th Anniversary of Hunza Properties Group! As a call for celebration, purchasers in this year for participating projects are entitled for a chance at Hunza Lucky Draw Campaign, where the total prizes are worth up to RM1,000,000!
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Sungai Ara residents win final appeal to stop hillslope project
A group of residents in Sungai Ara have won their final appeal to challenge the Penang island city council’s (MBPP) decision to grant planning permission to a developer to build a housing scheme on a hillslope…[READ MORE]

AD: Chinese New Year 2023 Events & Roadshows
Visit these events for your dream home and enjoy the exclusive CNY offers
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SITE PROGRESS: Sanctuary Terrace (Jan 2023)
Landed property development by IJM…
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