In a bid to bolster the sports and recreational offerings in the region, the state government, through the Penang Stadium and Open Spaces Corporation (PSDKLPP), is making significant headway in the development of the ambitious 'Sports City' project in Batu Kawan. The concept and financing model for the project are ... Read More

The Penang government has called off the sale of a plot of industrial land in Batu Kawan to a private company, following a change in shareholding in the purchaser’s company. State agency Penang Development Corporation (PDC) said it has since given Umech Land Sdn Bhd a three-month notice, following a ... Read More

About Iconic Regency A mixed development by Iconic Development Sdn. Bhd. at Sungai Nibong. Strategically located along Jalan Sultan Azlan Shah, next to SK Sungai Nibong. It is only 10 minutes walk to two future LRT Stations – Sungai Nibong & Pesta Stations. Featuring a 42-storey serviced suites with 268 fully furnished ... Read More

Taman Damai Harmoni, a small landed housing development by General Supreme Sdn. Bhd. (a subsidiary of Airmas Group) in Bukit Mertajam. Strategically located near Jalan Betek, diagonally opposite Harmoni Residensi gated and guarded community by the same company. With direct access to the ever-bustling Jalan Song Ban Kheng, an abundance ... Read More

The Real Estate And Housing Developers’ Association Malaysia (Rehda) expressed concern over the government’s plan to introduce a 4% flat rate for the stamp duty on memorandum of transfers (MOT) on purchases by foreign individuals and companies in Budget 2024, presented by Prime Minister and Minister of Finance Datuk Seri ... Read More

Micron Malaysia yesterday has officially announced the opening of its second state-of-the-art smart manufacturing facility in Batu Kawan Industrial Park (BKIP). It is located on the same site as its first plant in BKIP. Micron Malaysia vice-president and country manager Amarjit Singh Sandhu said this expansion enables Micron Malaysia to boost ... Read More

In the newly announced Budget 2024 Madani, themed "Madani Economy: Empowering the People" the government has allocated a total of RM393.8 billion, reflecting a slight increase from the previous budget of RM388.1 billion set in February 2023. The government looks committed to driving the New Industrial Master Plan 2030 (NIMP) ... Read More

About Lucerne Residences The final phase of residential development by Ideal Property Group at Ideal Vision Park in Bayan Lepas. It is just a short drive to Penang International Airport, 10 minutes walking distance to Straits International School. The project will see two blocks of 36-storey skyscrapers featuring a European living concept. It offers 480 ... Read More

About Taman Nara by Jayamas Property Group Jayamas Property Group broke ground on Taman Nara in Alma on Tuesday. The development is located next to Taman Sejahtera, about 5 minutes walk to SMK Taman Sejahtera. It is only a mere minutes drive from abundant of amenities, such as AEON Mall, Tesco Hypermarket, banks, ... Read More

PTT Synergy Group Bhd has entered into a sale and purchase agreement (SPA) to acquire two parcels of freehold development land for RM70.56 million via indirect wholly owned subsidiary Projek Tetap Teguh Sdn Bhd (Projek TT) today. In a filing with Bursa Malaysia, the group said the 7.28 hectares (18 ... Read More