Property News

MBPP’s guideline on short-term rental take immediate effect
Penang Island City Council (MBPP) has recently established a guideline that prohibits all forms of short-term rental (STR) accommodation in residential units on the island. The ban, effective immediately, aims to regulate the STR industry and maintain the integrity of residential neighborhoods. Under the new regulation, private residential properties are ... Read More

Bukit Mertajam Digital Library set for completion next year
Bukit Mertajam is set to embrace its first-ever digital library, bringing a new era of knowledge and connectivity to its residents. The Bukit Mertajam Digital Library will be housed in the three-story building of Jit Sin School Union Bukit Mertajam. Renovation works are scheduled to begin soon and are expected to ... Read More

Ayer Itam – Tun Dr LCE Expressway bypass now 33% completed
In an update provided by the State Infrastructure and Transport Committee Chairman, Zairil Khir Johari, the construction of the Ayer Itam-Lebuhraya Tun Dr Lim Chong Eu bypass (Package Two) in Penang is progressing well. As reported by TheStar newspaper, the project is currently at 33% completion, with an expected finish ... Read More

Foreign workers moving to hostel in Batu Maung
Flat dwellers in Penang’s Macallum Street Ghaut will be bidding adieu to some 600 foreigners when they move out to a hostel soon. They will be vacating the Sri Saujana flats in stages. Building manager KS Nirandaran said although the foreigners, who worked at multinational high-tech factories, were well behaved ... Read More

From luxury condos to overcrowded quarters
As Penang’s economy recovers and the need for labour intensifies, even RM1.25mil apartments are being converted into workers’ quarters. And their neighbours are unhappy. To buy one, these nearly 2,000 sq ft apartments command RM1.25mil on property websites. To rent, it is RM1,500 to RM2,800 a month, depending on the ... Read More

E&O’s Andaman Island Phase 1 awarded GreenRE Platinum Provisional Certification
Premier lifestyle property developer Eastern & Oriental Berhad today announced that its township development project, Andaman Island Phase 1 has attained GreenRE Platinum Provisional Certification under the township category. GreenRE was formed by Malaysia's Real Estate and Housing Developers Association ("REHDA") in 2003 to promote sustainability in Malaysia's property sector ... Read More

Gurney Wharf is now officially called Gurney Bay
The Gurney Wharf project has been officially renamed as Gurney Bay. The change in name was deemed necessary to better represent the project's location and concept. The decision came after receiving complaints that the original name was not appropriate because there was no wharf or pier at the site. To ... Read More

SITE PROGRESS: Havana Beach Residences (May 2023)
About Havana Beach Residences Affordable housing development by Ideal Property Group at Bayan Lepas. Strategically located near Jalan Tun Dr. Awang, less than 2km away from Penang International Airport. It is about 5 minutes walking distance to SMJK Heng Ee (Bayan Baru branch). Find out more about Havana Beach Residences Register your ... Read More

SITE PROGRESS: TreeO (May 2023)
About TreeO Affordable housing development by Hunza’s wholly-owned unit, Diamaward (M) Sdn Bhd, at Sungai Ara. It is located next to Taman Sungai Ara, about 1.5km away from SJK(C) Chong Cheng. This development comprises three 49-storey towers offering a total 1,240 affordable units. Find out more about TreeO Register your interest here to ... Read More

Bandar Cassia Technology Park launched in Batu Kawan
Let the figures speak for themselves, Chief Minister Chow Kon Yeow said after unveiling a staggering RM196.67 billion in total approved manufacturing investments recorded by the state from 2008 to 2022. He also said that investment figures are an important yardstick for politicians or the government of the day to ... Read More
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