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Iconic Property Roadshow @ Queensbay Mall (14-18 Feb)

Celebrate Chinese New Year with Iconic Group at Queensbay Mall from February 14th to 18th! Don't miss this chance to secure your dream home and investment for the future. Upcoming project Iconic Harmony Affordable Homes and Commercial Units are now OPEN FOR REGISTRATION! Drop by Iconic's booth and register your interest! ... Read More
CNY 2024 edm-penang property talk 1.1

Fortune Extravaganza by Hunza: Win Prizes Worth RM388,888 & Lantern Festival Event on 24th Feb!

Join Hunza for Fortune Extravaganza,  discover an all new fully furnished smart urbanite home in PICC and win big prizes worth RM388,888*! But that's not all – mark your calendars for the Lantern Festival Event on 24 Feb, from 5pm to 9pm. Bring your family and friends along for an ... Read More
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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. The ceremony marks a significant step towards the expected handover of keys to homeowners within the next 6 to 8 months. Penang Housing Committee chairman Datuk Seri Sundarajoo Somu ... Read More
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154,685 units of affordable houses established in state since 2008

Penang has recorded an increase in the supply of affordable houses (RMM) by 154,685 units or 70.31 per cent at various stages from 2008 to December 31 last year. State Housing and Environment Committee chairman Datuk Seri S. Sundarajoo said from the total, 50,700 units of RMM have been completed ... Read More
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MYEG to build RM108m foreign workers’ housing in BKIP 3

MY EG Lodging (NC) Sdn Bhd, a subsidiary of MYEG Services Bhd, today signed a lease agreement with the Penang Development Corporation (PDC) to build a RM108 million foreign workers’ housing in Batu Kawan. The workers’ village project, located at Batu Kawan Industrial Park 3 (BKIP3), is expected to house ... Read More
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Enovix to open its silicon battery plant in Penang with a RM5.8 billion investment

Enovix Corporation, an advanced silicon battery company, will establish its first high-volume manufacturing facility in Penang, marking a significant milestone in the company's global expansion strategy. The company's investment plan was disclosed by Prime Minister Datuk Seri Anwar Ibrahim following a one-on-one meeting held on the sidelines of the Asia-Pacific ... Read More
Lin Xiang Xiong Art Gallery

Opening of RM80 million art gallery in Gelugor set for 2025

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. Named after the owner-cum-world-renowned artist and entrepreneur, the seven-storey gallery will have retail shops, basement carpark and restaurant sited on a 0.36ha land ... Read More
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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. Kuala Lumpur on the other hand, saw residential prices increase by 0.34 per cent. This was part of the findings of Knight Frank APAC's Asia-Pacific Residential ... Read More
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Granito @ Permai is now 80 percent complete

The construction of the Granito @ Permai affordable housing project, which comprises 980 residential units, located near Lorong Lembah Permai 3, Tanjung Bunga, has now reached 80 percent completion. Jagdeep Singh Deo, the Caretaker State Housing, Local Government, Town, and Country Planning Committee chairman, made this announcement during his visit ... Read More
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Construction of Nibong Tebal Arena reaches 80%

Nibong Tebal Arena development project near Jalan Bukit Panchor has reached 80% of the construction progress as of last week, and is expected to be completed by October. Penang Youth and Sports Exco, Soon Lip Chee, stated that the project started on August 16, 2021, and was originally scheduled to ... Read More