Mah Sing will launch three residential developments with a combined gross development value of RM1.3 billion in Penang next year.

Its senior general manager Daniel Law said the projects — Ferringhi Residence Two, condominium blocks at South Bay City in Batu Maung and Pykett, Jalan Burmah on the island — are expected to contribute about 10% to 12% to the group's sales.

"The contribution would not show much difference from the overall sales for the financial year ending Dec 31, 2015," he told a media briefing on Ferringhi Residence Two today.

He said Mah Sing will also open its RM150 million shopping mall within South Bay City for business by the middle of next year.

Law added that the retail outlets within the mall have all been sold out to locals.

Property developer Hua Yang Bhd is proposing a mixed development with an estimated gross development value (GDV) of RM311 million in Seberang Prai, Penang, which will comprise 480 units of serviced apartments, 148 units of condominium, and 16 units of two-storey shops.

The project is located 3km from the Penang bridge

Why is it so quiet here? I'm interested in a property in Penang, island or mainland. Any idea what's the latest news?

Is Granito @ Permai (Tg Bungah) worth an investment?

there's a few new launches in penang of late.
any local experts can share their views please?

tamarind, alila, ecoterraces, macalister, etc.

Tamarind the hottest among the ones u mentioned... high density but good location... built on commercial land...

Eco Terraces is the worst. Pls Visit the place yourself. The surrounding area is majestic heights slump area... then further a bit iseems old flats... basically you are paying luxury prices for a slump area surrounding... especially Majestic Heights just located directly opposite the road of this eco Terrace... imho... joke of the century....what the developer is trying to sell and marketing....

Yes, the surrounding to its location is a drawback. Traffic might be an issue. Heard that it is the most dense area in Malaysia.
Perhaps Eco Terraces targeting locals who would like to upgrade and still remain in the same area? Something like All Seasons park?

All Seasons Park is definitely better than Eco Terraces if compare on the location alone...

Footprint

Alila 2 is a located at a nice area.

anyone buy the gsd skycube?

Greetings to all Property Experts.

"Kuli" here, I would like to ask is there any good property or new launches in Penang that worth to buy? Primary for own-staying.

Price : Max 450-500,000.
Property : Apartment / Condo
Area : Town, Ayer Itam, Farlim or anywhere.

THanks.

This post has been edited by milopark: Feb 22 2016, 11:24 AM

depend on what area and what type of housing..

island only condos.. else u go balik pulau u might get landed.

Thanks for pointing out.

Type and Area updated.

Any new condo in Sungai Ara / Relau area price 500k? Thanks

Buying for family to stay

This post has been edited by fleaz: Feb 24 2016, 09:01 PM

new condo - those just launch or can consider condo age 1-3 year?

arena residence quite new

gurney wharf will spur penang property..condo near this project will sell like hot cakes

arena residence - what price range ? and how many years already the condo ?

FH ?

http://www.apartment-penang.com/2011/03/arena-residence.html

read up.. i think the OC pass in end 2015

This post has been edited by kirov: Feb 25 2016, 05:47 PM