SITE PROGRESS: Ferringhi Hills (Nov 2022)

Property News/ 28 November 2022 No comments



About Ferringhi Hills

A landed residential development within the established township of Batu Ferringhi. It is located along Persiaran Sungai Emas 1, only 10 minutes walk to Ferringhi Beach. It will feature a mix of 3-storey terrace (with lower-ground level) and semi-detached, bungalow houses, to be constructed in two phases.

Find out more about Ferringhi Hills

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Iconic Property Roadshow @ Queensbay Mall (23-27 Nov)

Events/ 26 November 2022 No comments


HOHOHO! Iconic Christmas Property Roadshow is coming to you on this Wednesday-Sunday! Come over to Queensbay Mall G floor (In Front of Sephora) on this 23-27 November 2022 (10.30am-10.30pm).

📌 Affordable Homes & Commercial Units @ Alma, Penang
📌 Iconic Regency Service Suites @ Sg Nibong, Penang
📌 Iconic Skies @ Relau, Penang
📌 Iconic Vue Affordable Homes @ Batu Ferringhi, Penang

Penang govt to ensure balanced development on the island and mainland

Property News/ 25 November 2022 No comments


Chief Minister Chow Kon Yeow yesterday told the State Legislative Assembly that the Penang government is ramping up its efforts to ensure a balanced development on the island and mainland through multiple authorised platforms.

Chow (PH – Padang Kota), who has always believed in the potential of a blooming industry in Seberang Perai, once again reiterated that the future of Penang is in Seberang Perai.

“The Penang government, through its Penang Development Corporation (PDC), has been spearheading many initiatives to ensure balanced development in the state, which include giving importance to incorporating the green and smart state concepts in current and future developments.

“We have always been an agent of the Environmental Social Governance (ESG) and the Sustainable Development Goals (SDGs) and view them as a pathway to further strengthening the image of our state,” Chow said in his winding-up speech during the State Legislative Assembly in Light Street yesterday.

In a related development, he also said that PDC is working hard to ensure the industrial development in the ever-growing Batu Kawan Industrial Park (BKIP) as well as the Penang Science Park South and East continue to bloom.

“New developments are expected to span around 1,800 acres in total land size, and with this, we hope to attract as many foreign investors as possible in quarter one next year (Q1 2023).

“Meanwhile, the Bandar Cassia Technology Park (BCTP) and the Batu Kawan Industrial Park will open opportunities for potential investors to accelerate the ‘promoted industries’ concept in the state.

“The areas involved are the Electrical and Electronics (E&E), Electronics Manufacturing Services (EMS), Light Emitting Diodes (LED), medical devices, aerospace, semiconductor, automotive and others,” Chow added.

Source: Buletin Mutiara


CM hopes new Federal Government could help to realise several components under PTMP

Property News/ 25 November 2022 No comments


Chief Minister Chow Kon Yeow has expressed hopes that the new Federal Government could help Penang to establish the George Town – Butterworth Rail Line to reduce the number of vehicles on the Penang Bridge every day.

Chow, who is also in charge of the Land Development & Economic and Communications portfolios, said the George Town – Butterworth Rail Line is a new component under the Penang Transport Master Plan (PTMP).

“The state government sincerely hopes that the new Federal Government will be able to help and facilitate the implementation of this project,” Chow (PH-Padang Kota) said during his winding-up speech at the State Legislative Assembly yesterday.

He said he also hoped Putrajaya would help Penang implement several other components under the PTMP, such as Pan Island Link 1 (PIL1) and Bayan Lepas Light Rail Transit (BLLRT).

Chow added that the Federal Government would usually finance public transport projects such as LRT and the construction of new highway networks such as PIL1.

Thus far, he said Penang has submitted funding allocation requests to the Federal Government three times in a row under the 12th Malaysia Plan.

“The state government will follow up with the new Federal Government for these critical infrastructure projects to ensure that these projects can be implemented immediately.

“The projects have been planned for a long time to overcome traffic congestion that is getting worse.

“The state government believes that highway construction still needs to be implemented even though there are plans to implement LRT because the transition from private vehicles to public transport alone is not able to solve the problem of traffic congestion in Penang.

“Even these changes cannot be expected to be done in a short period.

“Therefore, the implementation of PIL1 is very necessary for the future to divert and reduce traffic congestion, especially on the Tun Dr Lim Chong Eu Expressway and Jalan Masjid Negeri,” Chow explained.

Source: Buletin Mutiara


Taman Damai Setia

Nibong Tebal/ 24 November 2022 2 comments


Taman Damai Setia, an upcoming landed residential development by Tulus Awan Development Sdn. Bhd. in Nibong Tebal. Located near Lintang Murai, surrounding communities include Taman Selesa, Taman Rantau Damai, Taman Seri Putra and a few others. It is just a stone’s throw away from Penang-Perak border, about 2km drive to Parit Buntar KTM Station. Driving to Batu Kawan via North-South Expressway would probably take about 20 minutes.

This development comprises 27 units of single-storey and 24 units of 2-storey semi-detached houses. When launched, it is probably going to be one of the cheapest new semi-detached houses available in Penang.

The project is still in its planning stage, more details will be available upon official launch.

Project Name : Taman Damai Setia
Location : Nibong Tebal
Property Type : Residential
Tenure: Freehold
Built-up Size: (to be confirmed)
Total Units : 51
Indicative Price : (to be confirmed)
Developer : Tulus Awan Development Sdn. Bhd. (Asiabina Group)

Register your interest here for updates on this project and other property news

(This information will be used to keep you updated on the project and future development.)
*By submitting this Form, you hereby agree to our PDPA Consent Clause.

DISCLAIMER: This article is solely based on research done using publicly available data. This is not an advertisement. Any claim, statistic, quote or other representation about a project or service should be verified with the developer, provider, or party in question.