SITE PROGRESS: Sanctuary Row (Mar 2024)
SITE PROGRESS: Sanctuary Row (Mar 2024) About Sactuary Row A freehold commercial development at Permatang Sanctuary by IJM in Bukit Mertajam. Located along Jalan Santuari 2, right across the road…
SITE PROGRESS: Sanctuary Row (Mar 2024) About Sactuary Row A freehold commercial development at Permatang Sanctuary by IJM in Bukit Mertajam. Located along Jalan Santuari 2, right across the road…
As a pioneering state agency, the Penang Development Corporation (PDC) today unveiled three key measures to stay relevant, enhance competitiveness and boost the state’s overall economic performance. The three measures…
Frieden Frieden, a landed residential development by Viva Prima Development Sdn. Bhd. (a subsidiary of WHH Land) at Bukit Minyak. Located near Jalan Bukit Minyak, this development is adjacent to…
SITE PROGRESS: Terraces Condominium (Mar 2024) About Terraces Condominium A highrise residential development by IJM Land at Bukit Jambul, Penang. Strategically located on 9.32 acres of land next to INTI…
Groundbreaking of Batu Maung’s new landmark by Jayamas Property Group Jayamas Property Group, a prominent player in the Penang property market, marked a significant milestone with the groundbreaking ceremony and…
DOSH Penang takes steps to ensure safety at construction sites The Department of Occupational Safety and Health (DOSH) Penang has issued 49 stop-work orders and 11 improvement notices through the…
Sunway Wellesley has announced the upcoming launch of a new phase of gated and guarded landed development right in the heart of Bukit Mertajam, Penang. Surrounded by an abundance of…
With Malaysia’s household debt reaching RM1.53 trillion, the country and its households are poised to encounter significant challenges during times of hardship. Centre for Market Education chief executive officer Dr…
Upcoming serviced residence at Bayan Mutiara For illustration only A proposed mixed development by Mutiara Biopolis Developments Sdn. Bhd. at Bayan Mutiara. Strategically located adjacent to Tun Dr. Lim Chong…
The Cube The Cube, an affordable housing development by Morning Dew Development Sdn. Bhd. at Jelutong. Located on a 2-acre land along Lorong Perak, diagonally opposite Sri Wonder Complex. It…
Penang International Airport’s new link bridge nearing completion Passangers will soon be able to enjoy a seamless connectivity experience between the Penang International Airport (PIA) and the multistorey car park…
SITE PROGRESS: Mezzo @ The Light City (Mar 2024) About Mezzo @ The Light City The first residential project at The Light City – a large-scale 32.76 acre integrated mixed-use…
Quattro East Quattro East, the latest landed residential development by Marvelous Sdn. Bhd. near Bandar Perda in Bukit Mertajam. Strategically located near Jalan Permatang Rawa, just a stone’s throw away…
Penang International Airport (PIA) is poised to undergo a monumental transformation, solidifying its status as a key aviation hub in Malaysia. With a RM1.5 billion expansion project slated for completion…
The Seberang Jaya Hospital (HSJ) upgrading project is expected to be completed by the end of this year, says Penang Youth, Sports and Health Committee chairman Daniel Gooi Zi Sen.…
It’s “Sakura” season again in Penang. The Tecoma, fondly called Penang Sakura because of its similarities to the popular cherry blossom, is proving to be a big hit this year.…
Batu Kawan: A thriving hub of industrial growth Over the past decade, Batu Kawan has transformed from a quiet township into a bustling center of industrial growth, offering abundant opportunities…
Stark Tower @ The Light City The upcoming commercial suites, currently referred to as Stark Tower, are part of an integrated development situated within the vicinity of The Light City.…
Iconic Worldwide unveils its latest affordable housing project, Iconic Harmony, with a gross development value of RM 255 million, redefining the concept of affordable luxury housing. Located in Alma, Bukit…
SITE PROGRESS: Vivo Executive Apartment (Mar 2024) About Vivo Executive Apartment A serviced apartment within Aspen Vision City township development at Batu Kawan. It is strategically located next to the…
Padang Brown Food Complex’s upgrading project set for April completion The upgrading project of Padang Brown Food Complex, which started in October last year, has now achieved 90% progress and…
The Ministry of Housing and Local Government (KPKT) is coming up with a new model of public housing named the Program Residensi Rakyat (PRR), said its minister Nga Kor Ming.…
Source: Buletin Mutiara Tenaga Nasional Berhad (TNB) is on the brink of completing a groundbreaking project set to transform Penang’s energy landscape. The ambitious undertaking involves the installation of an…
At its meeting today, Bank Negara Malaysia’s Monetary Policy Committee (MPC) announced its decision to maintain the Overnight Policy Rate (OPR) at 3.00 percent. This decision comes amidst a backdrop…
Penang International Airport Expansion: Tender process set to begin soon For illustration only The tender process for the Penang International Airport (PIA) expansion and upgrading works will commence soon following…
Organisers of the PropertyGuru Asia Awards Malaysia in partnership with iProperty today unveiled new dates and details for the programme’s 2024 edition during an exclusive gathering attended by business leaders.…
The construction of the Package Two bypass connecting Air Itam to the Tun Dr Lim Chong Eu Expressway reached a 42% completion stage in January this year. Penang infrastructure, transport…
The south moat of Fort Cornwallis, currently undergoing renovation, is set to be completed soon and will be open to the public on July 7 this year, Chief Minister Chow…
Iconic Harmony Iconic Harmony, an affordable housing development at Alma in Bukit Mertajam. Undertaken by Iconic Maison Sdn. Bhd, the development will be located near the junction of Jalan Rozhan…
SITE PROGRESS: Queens Residences 3 (Mar 2024) About Queens Residences 3 The third phase of the Queens Waterfront development by Ideal Property Group (also known as Q3), situated near Queensbay…
The Penang Development Corporation will ensure that the development of Batu Kawan Industrial Park 3 (BKIP 3) continues to enhance the state’s reputation as the ‘Silicon Valley of the East,’…
Sinaran Residences @ Utropolis, Batu Kawan Paramount Corp Bhd will launch seven projects (including new phases of existing projects) in 2024 with a projected gross domestic product (GDV) of RM2.4bil…
Green light for Penang International Airport expansion project The Cabinet has approved the expansion of the Penang International Airport (PIA) which is estimated to cost RM1bil, says Anthony Loke. The…
Tesla has announced the expansion of its charging network to Penang, with two ‘Destination Charging’ stations at the All Seasons Place here and The Ship Campus in Batu Kawan. In…
Casa Tiara Casa Tiara, an affordable housing development by Wisma Dayamas Sdn. Bhd. in Teluk Kumbar. Located off Cangkat Bukit Belah 2, diagonally opposite D’ Starlingtton condominium by the same…
SITE PROGRESS: Cecil Residensi (Feb 2024) About Cecil Residensi An affordable housing development by Penang Development Corporation (PDC) at George Town. Strategically located between Tun Dr. Lim Chong Eu Expressway…
Energy Commission, TNB raids uncover bitcoin mining operations in Hijauan Hills Source: Bernama A double-storey terrace house in Hijauan Hills and a nearby business premises was raided by the Energy…
The Penang Development Corporation (PDC) will lease industrial land to investors for a maximum duration of 60 years following the completion of Batu Kawan Industrial Park 3 (BKIP 3) construction,…
Real Estate and Housing Developers’ Association (Rehda) Malaysia urged the government to remain vigilant and take measures to the full extent permissible by law against individuals masking as developers, to…
Central Residence Central Residence, yet another proposed affordable housing development at Jelutong by Major Development Sdn. Bhd. Located on approximately 1.2 acres of land along Lorong Madrasah, right opposite Jelutong…
Fera Courtyard Terrace & Senna Semi-Detached Homes @ Andaman Island Fera Courtyard Terraces & Senna Semi-detached Homes are the highly anticipated first release of landed homes on Andaman Island. These…
Seberang Prai unveils grant programme for inclusive urban development The city is charting a course towards a greener and more inclusive future with the introduction of the Seberang Prai Town…
Belleview Group Celebrates 40 Years of Excellence with ‘Belleview The Great 40’ Anniversary Campaign and Exclusive Car Giveaway Belleview Group, a leading property developer in Malaysia, proudly announces its 40th…
PROPOSED: Bukit Mertajam / Zuwen Bina Sdn. Bhd. A newly proposed strata residential development by Zuwen Bina Sdn. Bhd. near Kota Permai in Bukit Mertajam. Located off Lorong Sujana Permai…
The development of Batu Kawan Industrial Park 3 (BKIP 3) in Bukit Tambun is poised to yield positive economic benefits not only to Penang but also to the northern region.…
SITE PROGRESS: Maldives Residences (Feb 2024) About Maldives Residences A residential development by Ideal Property Group at Bayan Lepas. Strategically located along Jalan Sungai Tiram 6, just across the road…
Penang Development Corporation (PDC) is calling for a request for proposal (RFP) to invite industry players to participate in the development of the Batu Kawan Industrial Park 2 (BKIP2) (Phase…
Orange Vista Orange Vista, yet another freehold residential development by Tah Wah Group in Bukit Mertajam. It is strategically located along Jalan Song Ban Kheng, providing convenient access to well-established…
Chief Minister Chow Kon Yeow announced yesterday that Penang Sentral is set to be part of the proposed Penang Light Rail Transit (LRT) project, making it one of the major…
Celebrate the auspicious Year of Dragon with Mah Sing on 15 Feb at Southbay Sales Gallery Celebrate the auspicious Year of the Dragon with Mah Sing Group! Join them on…
Ideal Capital Bhd will develop about RM1.12bil worth of residential properties in Bayan Lepas, Penang, this year. According to group executive chairman Tan Sri Ooi Kee Liang, these properties comprised…
Celebrate the joy of festivity together at Paramount’s CNY Open House (13 Feb) Immerse yourself in the festivities at Paramount’s CNY Open House on 13 Feb from 10AM to 5PM.…
SJK (C) Aik Hua ready for March opening The newly constructed four-storey SJK (C) Aik Hua in Lilitan Sungai Ara is set to welcome its first batch of pupils beginning…
Chinese New Year 2024 Events & Roadshows Happy Chinese New Year 2024! Embrace the festive spirit with your loved ones by exploring these events and discovering your dream home. Take…
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…
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…
The current 40-minute drive from Bandar Baru Air Itam to the Tun Dr Lim Chong Eu Expressway will soon be significantly reduced to less than 10 minutes with the completion…
The Penang Hill cable car project will start in April this year, said Penang Hill Corporation (PHC) general manager Datuk Cheok Lay Leng. He said the groundbreaking ceremony for the…
Klippa Shopping Centre is proud to announce its latest endeavors, marking a significant expansion in its offerings. The commencement of the construction for Decathlon’s northern standalone Flagship and the introduction…
The physical works for Phase One, also known as Priority 1, of the Gurney Bay project, have been completed and are now open to the public as of today. The…
The Cube The Cube, an affordable housing development by Morning Dew Development Sdn. Bhd. at Jelutong. Located on a 2-acre land along Lorong Perak, diagonally opposite Sri Wonder Complex. It…
SITE PROGRESS: Begonia @ Botanica.CT (Jan 2024) About Begonia @ Botanica.CT A freehold strata landed housing development by MTT Properties & Development Sdn. Bhd. at Botanica.CT in Balik Pulau. The…
The Linear Garden at the Esplanade is now open to the public, strengthening the commitment of the state to promoting health, fostering economic development, and creating sustainable urban environments in…
Application to rent MBPP vacant stalls begins today Those interested in renting vacant stalls at markets, food courts, and hawker complexes under the Penang Island City Council (MBPP) now have…
Mekarsari Unggul Mekasari Unggul is a landed residential development in Bertam, representing the latest phase of the Mekarsari master-planned township by Hunza Properties Group. Situated near the main road of…
Tropicana Corp sells Courtyard by Marriott Penang to IOI for RM165m Tropicana Corporation Bhd’s subsidiary, Tropicana Macalister Avenue (Penang) Sdn Bhd, has signed a sale and purchase agreement with IOI…
Equalbase invests RM300mil on first logistics complex in Penang Equalbase, which specialises in sustainable commercial and industrial logistics developments in Asia, is investing RM300 million for its first carbon-neutral logistics…
IJM Perennial Development Sdn Bhd topped-out the Penang Waterfront Convention Centre (PWCC) on Tuesday. PWCC, located in Gelugor, Penang, is set to be completed in 2Q2025, according to a press…
SITE PROGRESS: Lucerne Residences (Jan 2024) About Lucerne Residences The final phase of residential development by Ideal Property Group at Ideal Vision Park in Bayan Lepas. It is just a…
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%. The move is in line…
The traditional housing affordability measure of median multiple is too conservative, whereas measures of residual income and housing cost burden are more realistic, Rehda Institute shared on Tuesday during a…
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. The intertwining factors of…
Aspen Group inaugurated its latest project, called Versa, a two-tower residential development and nine commercial units, in Batu Kawan last Friday. Strategically nestled in the freehold township of Batu Kawan,…
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, says…
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. Chief…
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…
SITE PROGRESS: Iconic Regency (Jan 2024) About Iconic Regency A mixed development by Iconic Development Sdn. Bhd. at Sungai Nibong. Strategically located along Jalan Sultan Azlan Shah, next to SK…
Water tariff rates for domestic users in Penang will double from Feb 1, chief minister Chow Kon Yeow announced on Wednesday. Accounts that use zero to 20 cubic metres a…
Gurney Vertex Gurney Vertex, a commercial property development project by TT Gratia Land Development Sdn. Bhd. located near Gurney Drive. Situated strategically along the bustling Kelawai Road, it is directly…
In a significant move toward urban redevelopment, the Railway Assets Corporation (RAC) has officially signed a Memorandum of Understanding (MoU) with the Penang State Housing Board (LPNPP) for the redevelopment…
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. The…
Nestled in the vibrant township Bandar Cassia, Batu Kawan, Cassia Cempaka by PDC Properties Sdn. Bhd. epitomizes a harmonious blend of modern living and serene surroundings. This freehold residential development…
Selected areas and segments of the property market in Malaysia are expected to perform well in 2024, but elsewhere there are areas of concern. Industry experts expect to see sales…
Rents across Malaysia increased by 5.5% in 2023, according to data from a newly released index. Rents were now 7.4% higher than during the pandemic’s worst phase, suggests the Malaysia…
SITE PROGRESS: Savana @ Utropolis (Jan 2024) About Savana @ Utropolis This is the fourth phase of Paramount Property’s Utropolis development at Batu Kawan. Located along Jalan Cassia Barat 2,…
G’Vinton G’Vinton, a serviced residence development by Sunrich Capital Sdn. Bhd. (Subsidiary of GSD Land) in George Town. Strategically located on approximately 1 acre of land along Jalan Sultan Ahmad…
Affordable retail spaces in the heart of George Town In the bustling heart of George Town, the KOMTAR Bazaar beckons entrepreneurs with an exciting proposition – affordable retail lots in…
Penang’s residential launches which resumed in 2023 are expected to gain momentum in 2024, CBRE|WTW said. In its Real Estate Market Outlook 2024 report launched yesterday, the property consultancy said…
SITE PROGRESS: Straits City (Jan 2024) About Straits City A 40-acre prime seafront integrated development by the Singapore Exchange-listed Straits Trading Co Ltd and its dual-listed subsidiary, Malaysia Smelting Corp…
Penang Development Corporation (PDC) has signed a Memorandum of Agreement (MoA) with the Penang State Housing Board (LPNPP) regarding the ownership of 59 parcels in Block H, Mahsuri near Bayan…
PE Land Sdn Bhd, a pioneer developer in Bandar Cassia, is set to transform the Batu Kawan skyline with its first Grade A and green office tower in the northern…
Capstone Corporate Suites Capstone Corporate Suites, a high-rise commercial development by PE Hospitality (Penang) Sdn. Bhd. in Batu Kawan. Situated adjacent to Anggun Residences and the Design Village, this development…
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…
SITE PROGRESS: Sanctuary Terrace (Jan 2024) About Sanctuary Terrace A residential development by IJM Land at Alma in Bukit Mertajam. Located on 8.9 acres of land along Jalan Santuari 2,…
Penang will give importance to mega infrastructure projects such as the light rail transit (LRT), airport expansion, and Silicon Island in 2024. In his New Year message on Sunday, Chief…
Top 10 Most Popular Projects in 2023 Happy New Year! As we stand on the cusp of a brand new year, with the calendar flipping to January 1, 2024, it…
Foreshore Apartment Foreshore Apartment, a low medium cost housing development by Tanjung Villa Capital Sdn. Bhd. (a subsidiary of Tah Wah Group) in the heart of George Town. Strategically located…
SITE PROGRESS: Goodwood Residence (Dec 2023) About Goodwood Residence A mixed development by Definite Harmony Development Sdn. Bhd. (a subsidiary of WHH Land) at Bayan Lepas, Penang. Strategically located along…
KPKT now known as Ministry of Housing and Local Government The Ministry of Local Government Development is now known as the Ministry of Housing and Local Government (KPKT). KPKT, in…
SITE PROGRESS: Havana Beach Residences (Dec 2023) About Havana Beach Residences Affordable housing development by Ideal Property Group at Bayan Lepas. Strategically located near Jalan Tun Dr. Awang, less than…
Water tariff hike for Penang households The state government is planning to impose a new water tariff for households in the state. Chief Minister Chow Kon Yeow said the state…
The Penang government is committed to providing affordable homes through diverse schemes, assured Chief Minister Chow Kon Yeow. He announced an extension of the ‘Home Ownership Campaign’ to a new…
London Pavilion London Pavilion, a high-rise residential development by M Summit Premium Sdn. Bhd. (a subsidiary of M Summit Group) in Bayan Lepas. Located along Jalan Permatang Damar Laut, right…
Source: Buletin Mutiara According to a news report in Buletin Mutiara, the Penang Hill Upper Station Upgrading Project (Phase Four) is on the cusp of completion, with the final touches…
The recent overhaul of Malaysia’s My Second Home (MM2H) program, aimed at attracting a larger pool of foreign residents, has sparked optimism in the country’s property sector. The three-tiered structure…
PropertyGuru Asia Real Estate Summit (ARES) 2023, the ninth edition of Southeast Asia’s leading property technology company’s thought leadership platform, recently concluded its highly anticipated event. With a focus on…
SITE PROGRESS: The Meg @ Andaman (Dec 2023) About The Meg @ Andaman The first project in Andaman Island, the highly-anticipated prime reclaimed island of Seri Tanjung Pinang Phase 2A…
Villa Industrial Park Villa Industrial Park, a light industrial park development by Villa Acres Development Sdn. Bhd. in Permatang Tinggi. Located near Jalan Kampung Manggis, conveniently connected via Jalan Permatang…
SITE PROGRESS: Mezzo @ The Light City (Dec 2023) About Mezzo @ The Light City The first residential project at The Light City – a large-scale 32.76 acre integrated mixed-use…
The Tourism, Arts and Culture Ministry has unveiled a revamped version of the Malaysia My Second Home (MM2H) programme which now has three tiers – Silver, Gold and Platinum. Minister…
Taman Penaga Indah Taman Penaga Indah, a small-scale landed residential development by SP Maju Jaya Sdn. Bhd. in Penaga. It is situated along Jalan Bawah Penaga, approximately a 20-minute drive…
Road users are advised to plan their journey ahead of the Penang Bridge International Marathon (PBIM) which is set to take place on Dec 17. The event has attracted some…
Madani Inclusive Housing Concept will serve as catalyst for affordable housing projects The Madani Inclusive Housing Concept will be catalyst for the development of affordable housing projects for the target…
In a glittering ceremony at The Athenee Hotel, Bangkok, PropertyGuru Group recently unveiled the winners of the 18th Annual PropertyGuru Asia Property Awards Grand Final. The prestigious event, presented by…
The Penang government is optimistic that the Silicon Island project, once completed, will replicate the success of the Bayan Lepas Free Industrial Zone (FIZ). Chief Minister Chow Kon Yeow said…
The Fame The Fame, a serviced residence development by TF Land Sdn. Bhd. at Machang Bubok in Bukit Mertajam. It is located on 3.4 acres of land along Jalan Machang…
Chin Hin Group to acquire a parcel of land at Penang Times Square from Ivory Source: Google Street View Ivory Properties Group’s unit Ivory Gleneary Sdn Bhd is divesting a…
SITE PROGRESS: Damai Springs (Dec 2023) About Damai Springs A small landed housing development by General Supreme Sdn. Bhd. (a subsidiary of Airmas Group) in Bukit Mertajam. Strategically located near…
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’…
The Penang Development Corporation (PDC) will continue to play a pivotal role in ensuring that development takes place in the state with the support of the public and private sectors…
SITE PROGRESS: Mertajam Heights (Dec 2023) About Mertajam Heights A residential development in the heart of Bukit Mertajam. Strategically located along Jalan Ciku, immediately opposite Ng Yam Huat food court…
Join Paramount Property for a joyful Christmas celebration Unwrap the magic of Christmas! Join Paramount Property to celebrate one of the most wonderful time of the year at Paramount Property…
E&O: Short-term rental ban in Penang has led to increase in property value and rental yield Work in progress at Andaman Island The ban on short-term rental in Penang has…
The Penang Island City Council (MBPP) is open to considering proposals for the alternative use of an abandoned two-storey hawker complex in Lengkok Erskine, apart from its original purpose as…
The Penang state government is considering proposals to introduce additional commercial activities in Gurney Bay such as the Eye of Penang, Viewing Tower, floating ferry, Ferris wheel and theme parks,…
PropertyGuru Group, Southeast Asia’s leading property technology company, today announced the winners of the 10th PropertyGuru Asia Awards Malaysia in partnership with iProperty.com.my at The Majestic Hotel Kuala Lumpur, the…
The Anton The Anton, a luxury residential development by Galaksi Bebas Sdn. Bhd. in Pulau Tikus. Strategically located within an upscale neighborhood, on 1.6 acres of land at the intersection…
Penang Development Corp to be sole developer of industrial development in the state Penang Development Corporation (PDC) will be the sole developer of industrial parks in the state and these…
UPCOMING: Butterworth / SP City Development Sdn. Bhd. Proposed landed housing development by SP City Development Sdn. Bhd. in Butterworth. Situated off Jalan Seri Selayang, a brief drive from the…
There are 2,947 property units categorised as “overhang” or unsold in Penang as of the third quarter of this year (3Q 2023), said state Housing and Environment Committee chairman Datuk…
Battery manufacturer INV New Material Technology (M) Sdn Bhd is committing a remarkable RM6.4 billion investment to establish its first-ever manufacturing plant in Penang. The Penang Technology Park@Bertam in Kepala…
The Penang government has approved two applications for the construction of foreign workers’ dormitories in Teluk Kumbar. State Local Government, Town and Country Planning Committee chairman H’ng Mooi Lye said…