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Property News

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PIL approved under RMK13 and Bayan Lepas-Teluk Kumbar road upgrade moves forward

The proposed Pan Island Link (PIL) highway project in Penang has entered the preliminary stage, with the Works Ministry (KKR) set to commence a feasibility study following its approval under Rolling Plan 1 (RP1) of the 13th Malaysia Plan (RMK13). Penang Chief Minister Chow Kon Yeow, in a parliamentary reply ... Read More
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Kek Lok Si glows with 10,000 lanterns to welcome the Year of the Horse

Thousands of traditional lanterns have transformed Kek Lok Si Temple into a sea of light as the iconic landmark prepares to usher in the Year of the Horse on Feb 17. The sprawling 135-year-old complex in Air Itam, known as the largest Buddhist temple in Southeast Asia, features more than ... Read More
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Monthly traffic plans updated for Penang LRT Project

Monthly traffic management plans (TMPs) for the Penang Mutiara Line Light Rail Transit (LRT) project are being submitted and reviewed to keep pace with ongoing construction developments, said Penang infrastructure, transport and digital committee chairman Zairil Khir Johari. He explained that the project owner, Mass Rapid Transit Corporation (MRTC), submits ... Read More
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Chipbond opens RM800mil advanced semiconductor facility in Batu Kawan

A leading global semiconductor packaging and testing services provider, Chipbond Technology Corporation, has officially opened its new advanced manufacturing facility in Penang through its subsidiary, Chipbond Technology Malaysia Sdn Bhd. The plant, located at Valdor Industrial Park, represents a major milestone in Chipbond’s global expansion, backed by a total investment of ... Read More
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SJK(C) Kuang Yu marks topping-out milestone in Batu Kawan

The development of SJK(C) Kuang Yu in Batu Kawan has reached a major milestone, as the school’s new campus officially marked its topping-out ceremony, with construction progress now at 95% and operations targeted to begin in early 2027. In conjunction with the ceremony held at the new Batu Kawan site ... Read More
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No property bubble as transactions set to exceed RM250bil

Malaysia’s property market continues to expand at a steady and sustainable pace, with total transaction value projected to exceed RM250 billion this year, according to Housing and Local Government Minister Nga Kor Ming. Nga said the market has recorded consistent growth over the past three years, with transaction values rising ... Read More
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SITE PROGRESS: Foreshore Residence (Feb 2026)

About Foreshore Residence A mixed development by Tanjung Villa Development Sdn. Bhd. (a subsidiary of Tah Wah Group) in the heart of George Town. Strategically located along Tun Dr. Lim Chong Eu Expressway, adjacent to Sandilands Condominium. It is only about 5 minutes drive to Penang Bridge, with an abundance of ... Read More
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SkyWorld – Setting New Benchmarks in Urban and Affordable Housing

Founded on a single, unwavering vision – “Always Best City Developer” – and guided by its purpose to “Make Living Better”, SkyWorld Development Berhad (“SkyWorld”) is a forward-thinking urban property developer dedicated to shaping inclusive, well-designed city communities. Since its inception, SkyWorld has built a strong reputation for delivering innovative ... Read More
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Year of the Horse with a Home at M Zenni by Mah Sing

M Zenni by Mah Sing Group offers opportunity to own a freehold residence with low-density community of only 494 units and is thoughtfully designed for modern families and discerning homeowners. Since its launch, M Zenni has received strong market response, with many units already sold, reflecting high buyer confidence in ... Read More
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EcoFirst acquires two freehold land parcels in Penang for RM45mil

EcoFirst Consolidated Bhd has announced the acquisition of two freehold land parcels on Penang Island for a total consideration of RM45 million, as part of its strategy to expand its development pipeline and diversify earnings beyond the Klang Valley. In a filing with Bursa Malaysia, the group said the properties, ... Read More