Property News

Why Penang chooses elevated LRT over other public transport options
Over the years, the Penang State Government has evaluated various public transport systems, such as Light Rail Transit (LRT), Bus Rapid Transit (BRT), Autonomous Rail Rapid Transit (ART), and on-ground trams. After assessing costs, infrastructure, commuter habits, system features, models from other cities, and expert analysis, the government decided on ... Read More

Penang undertakes RM10mil maintenance of high-risk slopes to ensure road safety
Twelve high-risk slopes that were identified by the state Public Works Department (JKR) are currently undergoing maintenance works at a cost of RM10,002,000, Penang Infrastructure, Transport and Digital Committee chairman Zairil Khir Johari said. The exco man, who held a media conference at one of the maintenance sites in Tanjong Bunga ... Read More

Penang Turf Club votes to dissolve and sell prime land
The Penang Turf Club (PTC) has voted to sell its historic land in Batu Gantong following an Extraordinary General Meeting (EGM) on Monday. The motion to dissolve the club was overwhelmingly supported, with 146 members in favor and only three against. With the current market value of commercial land in ... Read More

Penang LRT project specs come under federal purview
Any decision on the specifications of the Penang light rail transport (LRT) will be made by the Transport Ministry as it is a Federal project, says Anthony Loke. The Transport Minister said that an announcement will be made once the specification is finalised. "With all due respect, the state government ... Read More

Kampung Wellesley residents urged to apply for individual grants
Residents of Kampung Wellesley, a community over 30 years old, are urged to come together to apply for individual grants. Chief Miniser Chow Kon Yeow, who visited the neighbourhood in Sungai Jawi on Saturday, listened to the grant issues faced by the Kampung Wellesley residents. “The 106 lots in the neighborhood ... Read More

Penang Island to get more parks
Penang Island City Council (MBPP) has allocated RM5.2mil for the provision and upgrading of neighbourhood parks this year. Mayor Datuk A. Rajendran said with the allocation, MBPP would be able to create more neighbourhood parks in various residential areas. “We also provide regular maintenance for every neighbourhood park under the ... Read More

Juru-Sungai Dua Elevated Expressway to ease Penang traffic
The Penang government, in partnership with PLUS Malaysia, is planning a new elevated highway, the Juru-Sungai Dua (JSD) route, aimed at reducing traffic congestion at the Juru and Sungai Dua toll plazas along the North-South Highway. The 15-kilometer project is projected to cost RM1.8 billion, according to The Star. Deputy ... Read More

North Coastal Paired Road may be realigned
The new road construction plan between Tanjung Bungah and Teluk Bahang in Penang is being studied for possible realignment to minimise risks to residents in surrounding high-rise buildings. The change may involve part of the coastal road, dubbed the North Coastal Paired Road. State infrastructure and transport committee chairman Zairil ... Read More

Bayan Baru wet market reconstruction nears completion
The reconstruction of the Bayan Baru Wet Market is nearing its final stages, with vendors expected to move in and start their businesses by the end of this month. The only remaining task is for Tenaga Nasional Berhad (TNB) to complete the installation of the electricity meters. Penang Island City ... Read More

Ideal Property Group wins World Gold at 2024 FIABCI World Prix d’Excellence Awards
Ideal Property Group has garnered international fame with their high end seafront residences, Queens Residences Q1, winning the prestigious World Gold Winner title at the 2024 FIABCI World Prix d'Excellence Awards. This accolade, awarded for Q1's exceptional performance, underscores the group's formidable strength and extensive experience in the field. This ... Read More
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OTHER DEVELOPMENTS
- Affordable Housing (Penang Island)
- Butterworth Arena
- Columbia Asia Medical Centre
- Eco-Tourism Hub @ Batu Kawan
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- GBS @ The Waterfront
- GBS by The Sea
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- IKEA Batu Kawan
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- Kobay Jelutong
- Lin Xiang Xiong Art Gallery
- Linear Waterfront
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- 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
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- The Ship Campus (ALC College)
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