Penang Property Talk
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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]
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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Tropicana Corp sells Courtyard by Marriott Penang to IOI for RM165m
IOI signed SPA with Tropicana to buy Courtyard by Marriott in George Town…[READ MORE]
Mekarsari Unggul
The latest addition to the Mekarsari township development at Bertam...
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Application to rent MBPP vacant stalls begins today
Interested to rent a stall from MPPP? The application period will run from Jan 30 until Feb 22...[READ MORE]