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Property News

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Penang Hill Biosphere Reserve officially receives its recognition certificate

June 11 will go down as a memorable day for Penang as the Penang Hill Biosphere Reserve received its recognition certificate after being listed by the United Nations Educational, Scientific and Cultural Organisation (Unesco) under its Man and the Biosphere (MAB) Programme last year. Deputy Minister of Energy and Natural ... Read More
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Century-old government quarters to be turned into art gallery

Arts, culture and heritage is one of the Penang’s key attractions as the state is set to have another art gallery in two years aside from the current one in Dewan Sri Pinang. State Tourism and Creative Economy Committee chairman Yeoh Soon Hin, who made the announcement, said an almost ... Read More
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Penang to get a new Mitsui Outlet mall near PIA

Penang is expected to host a new Mitsui Outlet in the near future as Mitsui Fudosan Co Ltd and joint venture partner Malaysia Airports Holdings Bhd are awaiting greenlight from the state authorities. The approval for the new mall, which would be located near Penang International Airport (PIA), was expected ... Read More
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Seberang Perai the catalyst for future growth of Penang

The Penang government will always strive to ensure Seberang Perai becomes the catalyst for growth of the state in the future, said Chief Minister Chow Kon Yeow. He said his administration would focus on balanced development of both the island and Seberang Perai, where the Penang Development Corporation (PDC) had ... Read More
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SITE PROGRESS: Havana Beach Residences (Jun 2022)

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). *Images show progress in May 2022 Find out more about ... Read More
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Queens Residences Q2 completed ahead of schedule

Penang luxury waterfront condominium, the second phase of Queens Waterfront - Queens Residences Q2 was completed ahead of schedule. The project is a partnership between Ideal Property Group and Ideal Gim Venture Sdn Bhd. The stylish and elegant residential towers of Queens Residences Q2, sits on the tranquil bay adjacent ... Read More
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Penang to open LRT project for proposals in Q3 2022

The Penang state government will issue a request for proposal (RFP) by the third quarter of this year for the implementation of its Bayan Lepas Light Rail Transit (LRT) scheme. State infrastructure and traffic committee chairman Zairil Khir Johari said the state would invite experienced private companies to participate in ... Read More
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Padang Tembak Flats redevelopment project is expected to be finalized early next year

The urban renewal project at the Padang Tembak Flats near Air Itam is expected to be finalized early next year. State Local Government, Housing Development and Town and Country Planning Committee chairman, Jagdeep Singh Deo said the redevelopment exercise would be carried out through the Penang Affordable Housing (RMMPg) program under the ... Read More
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Penang undersea tunnel report to be merged with container terminal expansion blueprint

The final draft of the feasibility report for the controversial undersea tunnel will be integrated with the North Butterworth Container Terminal (NBCT) expansion master plan by the Penang Port Commission (PPC), said state exco Zairil Khir Johari. The transport and infrastructure committee chairman, in his reply to a written question ... Read More
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Fort Cornwallis to be fully restored by early 2025

After restoration works started at the poorly maintained storerooms of Fort Cornwallis in 2016, George Town Conservation and Development Corporation Sdn Bhd (GTCDC) revealed that the first phase of its refurbishment is now complete. During a walkabout with Penang Chief Minister Chow Kon Yeow on its grounds yesterday, Think City ... Read More