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Penang Development Corp to be sole developer of industrial development in the state
Penang Development Corporation (PDC) will be the sole developer of industrial parks in the state and these projects will not be given to the private sector, Chow Kon Yeow told the state assembly. "PDC industrial land banks are in strategic locations and can be marketed to investors in promoted industries," ... Read More

10th PropertyGuru Asia Awards in partnership with iProperty mark a decade of celebrating real estate achievements
PropertyGuru Group, Southeast Asia’s leading property technology company, today announced the winners of the 10th PropertyGuru Asia Awards Malaysia in partnership with iProperty.com.my at The Majestic Hotel Kuala Lumpur, the official venue. Excellent companies and property developments, as well as exemplary individuals in the real estate industry, comprised this year’s ... Read More

Repurposing abandoned hawker complex, leasing heritage shophouse
The Penang Island City Council (MBPP) is open to considering proposals for the alternative use of an abandoned two-storey hawker complex in Lengkok Erskine, apart from its original purpose as a food court. Nicholas Theng Jie Wey, the MBPP alternate chairman of the Finance Committee, revealed that despite three previous calls ... Read More

E&O: Short-term rental ban in Penang has led to increase in property value and rental yield
The ban on short-term rental in Penang has resulted in an increase in property values and rental yields, according to Eastern & Oriental Bhd (E&O). E&O executive chairman Datuk Tee Eng Ho said the group's property development in Penang was never intended to be marketed as an investment play. "Whichever ... Read More

Damai Springs
Damai Springs, 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 of essential amenities ... Read More

Penang’s undersea tunnel project awaits port masterplan
The fate of Penang’s undersea tunnel project hinges on the comprehensive masterplan for the North Butterworth Container Terminal (NBCT), set to be finalised by the Penang Port Commission (PPC) by the year’s end. Zairil Khir Johari, chairman of the state Infrastructure, Transportation, and Digital Economy Committee, emphasised that the preservation of ... Read More

Penang LRT project is on track
The Penang light rail transit (LRT) project is on track to become a reality, the state legislative assembly heard on Tuesday. State Infrastructure Committee chairman Zairil Khir Johari said the project manager, Mass Rapid Transit Corporation Sdn Bhd (MRT Corp), has already called for a tender to appoint a consultant ... Read More

Housing prices in Penang aligned with economic trends
The rise in housing prices in Penang correlates with the growth in household income, Datuk Seri Sundarajoo Somu (PH-Perai) said. Replying to an oral question posed by Muhammad Fauzi Yusoff (PN-Sungai Dua) during the State Legislative Assembly yesterday, Sundarajoo, a first-term assemblyman, substantiated his claim with the data reported in the ... Read More

Seberang Jaya’s new market is set to open in August 2024
The long wait for a more conducive shopping ambience for market-goers in Seberang Jaya, Penang, will be finally over when the new Seberang Jaya Market and Hawker Centre opens to the public in August next year. Construction of the RM19.5mil building on a 5.05ha land in Jalan Tenggiri began in 2019 ... Read More

Penang’s first integrated senior living resort scheduled for 2026
Penang is set to have the first integrated senior living resort that will be built in Balik Pulau. It is scheduled to be fully completed in 2026. The 32-acre project, known as Eden at Botanica CT (EABC), will feature a nursing care residence and a low-density active living resort comprising ... Read More
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- Hello, anyone know when the insolvency will resolve this? Or who can help buyers out...Kim on Montage
- Too many condo.....even Triuni also not yet fully sold out. The land plot size also...Cruz on PROPOSED: 20-storey condominium at Batu Uban
- @WC_ong True, The Cube in house sales person is more professional and understand their product...Floyd on The Cube
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- @Koja Congratulation on ur purchase. Sea view unit is a good catch at this price....Floyd on The Cube
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- The 475k prices (After 13k discount) was meant for first time house buyer. Plus the...Floyd on Twin Star
- I know its a very complex and difficult project to execute. But this thing has...Koh SK on Construction of Penang LRT Mutiara Line set to begin in Q3 2025
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