There is cautious optimism over the outlook for the Penang property market, in spite of the inevitable headwinds and challenges that lie ahead. Knight Frank Penang executive director Mark Saw says the overall outlook for the Penang market remains relatively positive despite the anticipated global recession, coupled with higher interest ... Read More

The opening of Stonyhurst International School in Straits Quay marks one of the most significant milestones in the over 400-year history of Stonyhurst College, United Kingdom, and in Penang. Built on 4.3 acres of land, Stonyhurst International School boasts state-of-the-art facilities, designed with 21st-century teaching and learning pedagogy in mind. The ... Read More

For many years, Penang has been restricting and controlling developments which are conducted on slope land. Chief Minister Chow Kon Yeow said developments were not allowed on Class Three and Four slopes and if earthworks were necessary, they had to comply with various geotechnical requirements. “We have been doing this for ... Read More

Ari Altitude is an affordable housing project by PTL Alpha Sdn. Bhd. (part of of PTL Properties Sdn. Bhd.) in the matured township of Alma in Bukit Mertajam. Located along Jalan Santuari 3, next to Permatang Sanctuary housing scheme by IJM. It is less that 5 minutes drive to Lotus's and ... Read More

The much-talked about cable car project for Penang Hill is set to become a reality. Chief Minister and Penang Hill Corporation (PHC) chairman Chow Kon Yeow said Hartasuma Sdn Bhd, a homegrown pioneer in the local rail industry, has successfully won the bid for the cable car project. He said ... Read More

South Korea-based manufacturer Simmtech is set to accelerate the expansion of its production line in Penang with a second phase investment of US$50 million (U$1 = RM4.4250), expected to be completed by the first quarter of 2023. The company is a producer of semiconductor packaging substrates and high-value printed circuit ... Read More

About The Zen A mixed development by Asia Green at Bayan Mutiara. It is located next to Tun Dr. Lim Chong Eu Expressway, just a short drive away from the ongoing Penang World City township development by Tropicana Ivory. This development comprises a 46-storey skyscraper with two residential towers, and shop ... Read More

Terubong Avenue, a leasehold commercial development by Patsifit Construction Sdn. Bhd. at Paya Terubong. It is strategically located along Jalan Paya Terubong, diagonally opposite Eco Terrace condominium by Eco World. The development features 30 units of 2-storey shop offices with double fronting and 24 hours security. With a minimum built-up size of 2,347sq.ft. onwards, ... Read More

Iconic Regency is a freehold development nestled within the established commercial district and residential neighbourhoods for both local and expatriates in the middle of Sungai Nibong, Penang. Iconic Regency is linked to the Iconic Hotel – 4-star business class hotel and within walking distance of the proposed LRT Station. The ... Read More

If all goes well, Penang will have the country's first proper water taxi service in 2024. State Infrastructure and Transportation Committee chairman Zairil Khir Johari said both the state government and the Penang Island City Council (MBPP) always had the intention to provide the water taxi service, especially on the ... Read More