News about Bayan Lepas

Rented for: RM2,100 a month Concluded by: Mayzel Wong (REN 17359) (017-575 8999) of Khoo & Associates Realty When: Oct 15, 2016 Noteworthy: ● Leasehold ● Second floor of a 3-storey shopoffice, ● 1,800 sq ft ● Has a seaview ● Covered carpark ● Nearby amenities include F&B outlets, banks, mini market and auto mall ● About 5km away from George Town, 13km away from Penang International airport in Bayan Lepas and 6km to the Penang Bridge The unit is located at Persiaran Karpal Singh, also known as Karpal Singh Drive, a seaside promenade in Bandar Sri Pinang, Jelutong Penang.

DESPITE the sluggish market, property investors in Penang can take comfort in reports of capital appreciation in the state.

GEORGE TOWN (July 14): A civil society group has called for the introduction of trams and bus rapid transits (BRTs) in Penang, saying this would cost only a third of the amount that the state government intends to spend on building light rail transits (LRTs) and monorails as part of the Penang Transport Master Plan (PTMP).

GEORGE TOWN (June 8): The expected influx of high-rise residential units, partly due to more launches of affordable homes, is likely to put a cap on prices in Penang in the next few years.

PENANG-based developer Ideal Property Group plans to launch RM2.

PETALING JAYA (April 26): Despite its weak performance last year, Penang's property market outlook is still promising, according to the National Property Information Centre (Napic).

GEORGE TOWN (April 6): The Federal Government is willing to provide input on the RM27 billion Penang Transport Master Plan (PTMP), according to Works Minister Datuk Seri Fadillah Yusof (pictured).

GEORGE TOWN (Feb 24): Property management service provider Ideal Sun City Holdings Bhd aims to secure three contracts worth up to RM40 million in total in the next six months, propelling its transfer to the Main Board on Bursa Malaysia in a year's time.

KUALA LUMPUR (Feb 19): Inari Amertron Bhd plans to acquire a 5.

SEREMBAN (Feb 17): The first phase of residential development Sutera at Warisan Puteri 2 by TH Properties Group -- an integrated group wholly owned by Lembaga Tabung Haji -- saw 45% of its homes booked since the project opened for sale in December last year.