Real estate developer Ideal Property Group has launched the next phase of its industrial project "Ideal Business Hub", which has a gross development value (GDV) of RM260mil, in Bertam Penang. Ideal Business Hub is an exciting new light industrial park situated in the North Seberang Perai District (SPU). This 28-acres ... Read More

Malaysia’s property sector saw over RM100 billion in sales in the first half of 2024, exceeding the government’s full-year target. Housing and Local Government Development Minister Nga Kor Ming announced that the National Property Information Centre (NAPIC) recorded RM100.5 billion in sales from January to June. If the trend continues, ... Read More

Stark Development Sdn Bhd has unveiled its latest and most ambitious project, "Stark in the Sky", which promises to elevate Penang’s luxury and nightlife scene to new heights. The exclusive venue, located at the top of the 34-storey STARK Tower, is designed to offer a sophisticated blend of experiences and ... Read More

High-end property prices in Penang rose by 7% to 10% in 2024 from a year ago, reflecting the steady demand among locals and foreigners. One Asia Property Consultants (Pg) Sdn Bhd executive director Chandra Mohan Krishnan said prices had increased in Bayan Baru, Pulau Tikus and Seri Tanjung Pinang as ... Read More

Ideal Business Hub, the latest industrial development located within Penang Technology Park @ Bertam. Spanning 28 acres of freehold land, this project features 88 light industrial factories, offering a mix of bungalow (6 units), semi-detached (42 units), and cluster factories (40 units). Situated in the well-established township of Bertam, this ... Read More

PR1MA, the affordable housing agency under the Ministry of Housing and Local Government (KPKT), has successfully completed Ideal Residency (Residensi Bukit Gelugor) ahead of its original timeline. Initially projected for completion in August 2025, the project, consisting of 1,218 units, is now fully completed, marking a significant milestone as PR1MA's ... Read More

About Sactuary Suria The 6th phase of residential development at Permatang Sanctuary by IJM in Alma, Bukit Mertajam. Located along Lorong Santuari 25 & 27, adjacent to Sanctuary Court. It is only a short drive to an abundance of amenities namely AEON Mall, Lutos's Hypermarket, eateries, schools and banks. This development features 20 ... Read More

STARK Tower is a 34-storey building featuring 624 luxurious suites and 24 commercial units, the development looks set to be the latest landmark for The Light Waterfront Penang in Gelugor. Situated on a 2.3 acres (0.93ha) site alongside Lin Xiang Xiong Art Gallery, the freehold project by Stark Development Sdn ... Read More

Penang is optimistic that two major infrastructure projects—the Juru-Sungai Dua elevated highway and Penang Silicon Design @5km+—will be included in the upcoming Budget 2025. Chief Minister Chow Kon Yeow emphasized that these initiatives are vital to the state's development and are under serious consideration by the Federal Government. Following discussions ... Read More

The Penang government, through PLANMalaysia@Penang (Penang Town and Country Planning Department), has launched a new monitoring system application called the Electronic Monitoring Structure Plan (eMOSPlan). Chief Minister Chow Kon Yeow announced that the app, developed by PLANMalaysia@Penang, is designed to closely monitor the implementation of the Penang Structure Plan 2030 (RSNPP2030) ... Read More