Property News

MBPP opens RFP for Batu Ferringhi Market Complex redevelopment
The Penang Island City Council (MBPP) has announced a Request for Proposal (RFP) for the redevelopment of the Batu Ferringhi Market Complex, a MBPP-owned property. MBPP Councillor Nicholas Theng Jie Wey stated that the complex, strategically located on Jalan Sungai Satu, directly opposite Pinang Emas Apartments, was originally designed as ... Read More

Hotayi expands in Batu Kawan with RM500 million investment
Penang continues to strengthen its position as a leading industrial hub with the groundbreaking of Hotayi BK3, the latest expansion of Hotayi (M) Electronics Sdn Bhd in Batu Kawan. The ceremony, officiated by Chief Minister Chow Kon Yeow, marks a significant milestone for the Taiwanese-owned electronics manufacturing company. Chow expressed ... Read More

Groundbreaking for RMM Bakat Baru MADANI scheduled for April 2025
The groundbreaking ceremony for the Rumah Mampu Milik (RMM) Bakat Baru MADANI housing project in Seberang Jaya is scheduled to take place at the end of April 2025. Chief Minister Y.A.B. Tuan Chow Kon Yeow previously announced that the ceremony was initially planned for March 2025 but was postponed due ... Read More

Penang urges developers to speed up affordable housing projects
The Penang state government has issued a strong call for action against developers delaying affordable housing projects. State Housing and Environment Committee chairman Datuk Seri Sundarajoo Somu emphasized the urgency of completing these projects to meet the growing demand for affordable homes in the state. Sundarajoo revealed that while over ... Read More

New neighborhood park to be developed in Sungai Ara
To accommodate the rapid population growth in Sungai Ara and Hujung, and to promote the development of green townships, the Penang Island City Council (MBPP) has announced plans to build a new large-scale neighborhood park this year. The project, costing RM2 million, aims to enhance public recreational spaces and provide ... Read More

Penang International Financial Centre: A game-changer for Malaysia’s economy
The Penang government has formally requested the Federal Government’s support for the establishment of the Penang International Financial Centre (PIFC), an initiative aimed at enhancing Malaysia’s global financial and industrial presence. A letter detailing the state’s commitment to the project was submitted to Prime Minister Datuk Seri Anwar Ibrahim on ... Read More

PM urges swift action on Penang development projects
Prime Minister Datuk Seri Anwar Ibrahim has expressed hope that every ministry and agency will pay special attention and act swiftly to ensure the smooth planning and execution of projects in Penang effectively. In a Facebook post, Anwar said these development initiatives are crucial for improving the well-being of the ... Read More

SITE PROGRESS: Lightwater Residences (Mar 2025)
About Lightwater Residences (Mar 2025) The second residential project at The Light City by IJM Perennial Development Sdn. Bhd. features two 34-story towers with 262 freehold luxury homes, each equipped with a private lift. Located near the Penang Bridge and adjacent to The Waterfront Shoppes, unit sizes range from 1,324 ... Read More

Penang Government steps in to resolve delays in Quinton and Sri Bayu affordable housing projects
The Penang State Government is actively addressing delays affecting the affordable housing, also known as Rumah MutiaraKu (RMKu) projects at Quinton and Sri Bayu to safeguard the interests of homebuyers. Since taking office, Penang State EXCO for Housing, Dato Seri Sundarajoo Somu, has received numerous complaints regarding the setbacks faced ... Read More

SITE PROGRESS: Metrioplace @ Batu Kawan (Mar 2025)
About Metrioplace @ Batu Kawan Metrioplace @ Batu Kawan is a dynamic commercial hub by Metrio Group, offering approximately 20 customizable retail spaces across 7 primary units. With an average unit size of 1,700 sq. ft., it caters to cafes, restaurants, and boutique shops. Strategically located near high-traffic landmarks like ... Read More
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- @Goppal Balan Oh wow a very ambitious masterplan for a relatively not known developer. ...bodoh on Jelutong reclamation and landfill rehabilitation
- @donny good to know you mentioned year 2022 which is covid period and thats a...supershares on Queens Residences Q3
- PLB Engineering ...Goppal Balan on Jelutong reclamation and landfill rehabilitation
- Nice. which developer will develop it? ...bodoh on Jelutong reclamation and landfill rehabilitation
- just bought a unit here. any buyer group? ...bodoh on Maris @ Andaman Island
- Last2 naik rumah bukannya untuk kemudahan awam. Itaball about the money ...Biskut on Jelutong reclamation and landfill rehabilitation
- @Low Only lowest 3 floors in Tower selling with 1 CP @ 438k. The rest...Floyd on Twin Star
- I hope they really proceed too, however the waterfront should not be affected, shouldn't reclaim...Goppal Balan on Jelutong reclamation and landfill rehabilitation
- It sound nice to have the recreation park with greenery surrounding that beautify the place...Richard Chuah on New neighborhood park to be developed in Sungai Ara
- @supershares A friend just bought a sub-sale semi-d phase 1 for only 2.3mil in 2022....donny on Queens Residences Q3
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OTHER DEVELOPMENTS
- Affordable Housing (Penang Island)
- Butterworth Arena
- Columbia Asia Medical Centre
- Eco-Tourism Hub @ Batu Kawan
- Escape Penang – Eco Theme Park
- GBS @ The Waterfront
- GBS by The Sea
- Gurney Wharf
- IKEA Batu Kawan
- Island Medical CIty
- Kobay Jelutong
- Lin Xiang Xiong Art Gallery
- Linear Waterfront
- Mitsui Outlet Park @ PIA
- One Auto Hub @ Batu Kawan
- Penang Arts District
- Penang Eastern Seafront Development
- Penang Medical & Digital Technology Hub
- Penang Premium Outlets (Design Village)
- Penang Sentral
- Penang South Islands
- Penang Transport Master Plan
- Penang Waterfront Convention Centre
- Penang World City
- PIA Expansion
- Silicon Island
- Teluk Bahang Wellness Resort
- The Ship Campus (ALC College)
- The Top @ Komtar
- Wellness City of Dreams