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Property News

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Restored Fort Cornwallis moat to reopen to the public in July 2025

Penangites and visitors can now look forward to visiting the long-awaited reinstated moat at Fort Cornwallis, scheduled for full completion in July next year. The milestone is a testament to the ongoing efforts to rejuvenate Fort Cornwallis and its surrounding assets, enhancing the site’s public appeal. Chief Minister Chow Kon Yeow, ... Read More
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SITE PROGRESS: Ceria D’ Eco Horizon (July 2024)

About Ceria D' Eco Horizon Ceria D’ Eco Horizon is a serviced apartment by Eco Horizon Sdn. Bhd. in Batu Kawan. Located along Bandar Cassia Expressway, this will be a new commercial addition to Eco Horizon master-planned development in Batu Kawan. It is diagonally opposite the IKEA store, just a mere minutes ... Read More
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Construction of the new Teluk Kumbar market complex is expected to begin November

The Penang Island City Council (MBPP) is in the process of procuring the construction of a public market complex in Teluk Kumbar. Its mayor Datuk A. Rajendran said the purpose of building this market is to meet the daily needs of the local residents of Teluk Kumbar. “Tender is scheduled ... Read More
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People’s Choice Awards return for 11th PropertyGuru Asia Awards Malaysia in partnership with iProperty

PropertyGuru Group, Southeast Asia’s leading property technology company, is delighted to present the return of the highly anticipated People’s Choice Awards as part of the 11th PropertyGuru Asia Awards Malaysia in partnership with iProperty 2024. The People’s Choice Awards are special honours conferred upon Malaysia’s distinguished development companies based on ... Read More
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Marriott International and Ideal Property to launch ‘Marriott’-branded development at Queens Waterfront

Marriott International Inc. has announced a significant new development in collaboration with Ideal Property Group to bring the Penang Marriott Hotel Queens Waterfront and Marriott Residences Queens Waterfront to Penang island. Scheduled to open in 2029, the project will feature a 262-room hotel and 228-unit residential complex, strategically located in ... Read More
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Penang Island-Mainland rail bridge will be the 2nd sea-crossing rail connection in South-East Asia

Penang is gearing up for a significant infrastructural leap with the proposed third link between Penang Island and the mainland – a railway bridge for the Mutiara LRT Line. Transport Minister Anthony Loke confirmed that the alignment for this light rail transit (LRT) has been finalized, featuring a railway bridge ... Read More
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SITE PROGRESS: Mezzo @ The Light City (Jun 2024)

About Mezzo @ The Light City The first residential project at The Light City – a large-scale 32.76 acre integrated mixed-use waterfront development by  IJM Perennial Development in Gelugor, Penang. Strategically located next to The Light Collection, just a mere minutes drive from Penang Bridge and George Town. It comprises two 34-storey ... Read More
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Penang Hill cable car project breaks ground

In a landmark event heralding a new chapter for Penang's iconic landscape, the groundbreaking ceremony for the Penang Hill Cable Car project was recently held at the Penang Botanic Gardens. The ceremony, officiated by Prime Minister Datuk Seri Anwar Ibrahim, marks the culmination of meticulous planning and signals the beginning ... Read More
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SITE PROGRESS: Sanctuary Suria (Jun 2024)

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, Tesco Hypermarket, eateries, schools and banks. This development features ... Read More
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Major water supply projects to meet rising demand

The Penang Water Supply Corporation (PBAPP) is undertaking four major water supply engineering projects this year to address Penang’s increasing water demand. PBAPP’s chief executive officer K. Pathmanathan, stated that the four priority projects are: Package 12A at the Sungai Dua Water Treatment Plant (WTP). A 13km x 1.8m pipeline ... Read More