Penang's ongoing infrastructure developments, including the Bayan Lepas light rail transit (LRT) and Silicon Island projects, are elevating the outlook for several companies in the construction and property development sectors. This is according to a research report by Maybank Investment Bank (Maybank IB) which identified beneficiaries including Gamuda Bhd, IJM ... Read More

About Ideal Residency Affordable housing development by Ideal Property Group in Penang Island. This development is strategically located on Kampung Kastam land near the intersection of Jalan Bukit Gambier and Jalan Lembah, less than 2km away from University Science Malaysia (USM). It features 1,218 affordable housing units with a standard built-up ... Read More

A-Park is a guarded light industrial park development undertaken by Ancubic Industries Sdn. Bhd., situated in proximity to Valdor Industrial Park. It is positioned along Jalan Perindustrian Valdor, adjacent to Khong Long Huat Chemicals Sdn. Bhd. Additionally, it is conveniently accessible, being just a 5-minute drive away from Batu Kawan Industrial Park, ... Read More

The Vision Park in Kepala Batas has transformed into a magical wonderland and illuminated by over a million colourful lightbulbs. Throngs of visitors are enchanted every night since it opened on Oct 27. The one-month event, known as Luna Lights Wonderland 2023, is jointly organised by the Seberang Perai City ... Read More

An upcoming light industrial scheme development by Nyaman Mutiara Sdn. Bhd. in the vicinity of Nyaman Mutiara Light Industrial Park in Bayan Lepas. Situated along Jalan Sungai Tiram 1, this project is located just across the road from SMJK Heng Ee and less than 2km away from Penang International Airport ... Read More

The Local Government Development Ministry (KPKT) has formulated accommodation guidelines to ensure workers’ welfare is safeguarded per the law. In a statement today, it said it has come up with the application procedure guidelines for the provision of Temporary Labour Quarters (TLQ) for 2024 to 2026 and planning guidelines for ... Read More

Penang is well on its way to becoming a premier destination for conventions and tourism with the Penang Waterfront Convention Center's construction in full swing. According to State Tourism and Creative Economy Committee chairman Wong Hon Wai, the convention center is expected to have its grand opening in mid-2025. This ... Read More

Sandville Residence, a serviced residence development by DH Land Sdn. Bhd. at Permatang Pauh. Located on 1.68 acres of land along Jalan Permatang Pauh, diagonally opposite Caltex petrol station. It is only 1km to Butterworth/Kulim Expressway interchange, less than 5 minutes drive to Sunway Carnival Mall at Seberang Jaya. This ... Read More

Bank Negara Malaysia (BNM) has maintained the overnight policy rate (OPR) at 3% despite the ringgit plunging to a 25-year low against the US dollar. The decision was announced today following the central bank’s two-day monetary policy committee (MPC) meeting. In a press statement, BNM said that maintaining the OPR ... Read More

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 International College. It comprises a 34-storey condominium tower, featuring 410 residential units with two different design types to choose from. (Photo taken in Oct 2023) Find out more ... Read More