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Malaysia’s property market hits record high in 1H2024
Malaysia’s property market achieved a significant milestone in the first half of 2024 (1H2024), with total transaction value exceeding RM105 billion from 198,906 recorded transactions. This marks the highest growth in value and volume in the past five years. According to Deputy Finance Minister Lim Hui Ying, the volume of ... Read More

SJK (C) Aik Hua’s relocation to Sungai Ara a strategic move
The relocation of SJK (C) Aik Hua from its historic location on Muntri Street in George Town to Sungai Ara has proven to be a timely and strategic move, as student enrolment continues to grow. According to Penang Chief Minister Chow Kon Yeow, the school’s enrolment has increased to 191 ... Read More

Ventus & Tradesmen
Ventus & Tradesmen, an innovative investment project by Jayamas Property, is a versatile 3-in-1 property located in Batu Maung, Penang. It is an integrated development which includes freehold units. The upper floors feature the Ventus & Tradesmen (Hotel Suites), operated by the 4-star Oakwood Hotel & Apartment (managed by The ... Read More

Taman Tanah Aman’s exciting new phase now open for registration
Experience an exciting new phase of landed homes nestled among the serene hills of the mature, ultra-low-density neighbourhood of Taman Tanah Aman in Bukit Mertajam, Penang. The upcoming phase offers a limited number of luxury landed homes providing a host of the finest home features and tailored to cater to ... Read More

BNM maintains OPR at 3%, citing strong economic performance
Bank Negara Malaysia (BNM) has decided to maintain the Overnight Policy Rate (OPR) at 3% following the latest Monetary Policy Committee (MPC) meeting. The decision reflects a positive outlook for both the global and Malaysian economies, with continued growth and moderating inflation. Globally, economic expansion is supported by resilient labour ... Read More

SITE PROGRESS: D’ Starlingtton (Sep 2024)
About D' Starlingtton A 29-storey condominium development by Wismas Dayamas Sdn. Bhd. (GSD Land) in Teluk Kumbar, covering 4.5 acres along Jalan Teluk Kumbar, about 2km from Penang International Airport. The project features 820 residential units with an 11-storey carpark, and rooftop facilities. Neighboring communities include Platinum III, D’zone Condominium, Saujana ... Read More

Scott @ Logan
Scott @ Logan, a commercial development by Advance Golden Properties Sdn. Bhd. in the heart of George Town. Situated on Jalan Logan, directly across the road from Logan Ville apartment, this location is less than 2km from KOMTAR and boasts numerous amenities that can be reached within a 5-minute drive ... Read More

1926 Heritage Hotel Penang to reopen in 2026 after RM20 million facelift
The historic 1926 Heritage Hotel Penang, located on Burma Road, is set to reopen in 2026, coinciding with its 100th anniversary. This reopening follows a significant RM20 million refurbishment project, initiated by Jetblue Sdn Bhd in collaboration with The Ascott Limited, and marks the revival of a key heritage landmark ... Read More

Penang Port Commission issued RFP for the development of Tanjung City Marina site
The Penang Port Commission (PPC) has issued a request for proposal (RFP) for the development of its warehouses and the Tanjung City Marina land. PPC chairman Datuk Yeoh Soon Hin said the objective of the RFP is to invite financially and technically qualified companies to implement the proposed development of ... Read More

INFINITY8 opens first co-working space in Penang
INFINITY8, a leading co-working space provider, has officially launched its first co-working space in Penang, marking the company’s expansion into the northern region of Malaysia. Named INFINITY8 Reserve George Town, this new space is strategically located in a 25,000 sq. ft. heritage building on Beach Street, once home to Standard ... Read More
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