Magni-Tech Industries Bhd, best known for its garment manufacturing and packaging products, is making a bold pivot into property development with the acquisition of a prime 4.7-acre beachfront parcel in Tanjong Bungah, Penang, for RM133.33 million cash. The 4.7-acre freehold site priced at approximately RM649 per square foot, sits adjacent ... Read More

Paya Terubong State Assemblyman Wong Hon Wai has flagged a disparity in construction progress along the new Air Itam–Tun Dr. Lim Chong Eu bypass, following a recent site visit to the elevated highway linking Farlim to Lebuh Tun Lim Chong Eu. Wong, who has been monitoring the project closely, noted that ... Read More

About A-Park A-Park is a guarded light industrial park by Ancubic Industries Sdn. Bhd., strategically located along Jalan Perindustrian Valdor near Valdor Industrial Park and just five minutes from Batu Kawan Industrial Park. Surrounded by established SME factories, the development comprises 50 units of semi-detached and detached factories to be ... Read More

Penang is quietly cementing its reputation as one of Malaysia's most EV-forward states, and for property buyers and developers, that shift carries real implications. According to data from the Malaysia Zero Emission Vehicle Association (MyZEVA), Penang has already surpassed its national EV charging deployment target, achieving 105% of its 600-charger ... Read More

The PropertyGuru Asia Awards Malaysia with iProperty is making its final call for submissions ahead of the 29 May 2026 deadline, with an expanded lineup of categories that mirrors a market evolving well beyond its traditional strengths. This year, the 13th PropertyGuru Asia Awards Malaysia with iProperty is proud to ... Read More

Persiaran Gurney, one of Penang's most iconic coastal stretches, is undergoing a series of significant changes aimed at improving traffic flow, parking management, and pedestrian experience. Among the most visible changes is the closure of the iconic roundabout near the Anjung Gurney open-air hawker centre, which has been boarded up ... Read More

Tan Sri Syed Mokhtar Albukhary has acquired a substantial stake in Eco World Development Group Bhd and its sister company, expanding the tycoon’s portfolio of developers. The shares in EcoWorld, equivalent to 30.1%, were sold by former deputy chairman Datuk Leong Kok Wah through a private vehicle, according to an ... Read More

About Penang Technology Park Strategically located in Bertam, Penang Technology Park @ Bertam is an 880-acre freehold industrial development envisioned as a next-generation hub for technology, innovation, and advanced manufacturing. Developed by Ideal Property Group, the park is designed to support high-tech industries with infrastructure-ready industrial land, wide internal roads, ... Read More

Malaysia's property market opened 2026 on a cautious note with moderate performance in the first quarter, but Penang bucked the national trend with price growth running at more than double the country's average, according to the Property Market Report for Q1 2026 released by the Valuation and Property Services Department ... Read More

The Penang state government is exploring the possibility of building a new third bridge connecting Penang Island to the mainland, positioning it as a potential alternative to the long-discussed undersea tunnel project. State infrastructure committee chairman Zairil Khir Johari confirmed the development during his winding-up speech at the state assembly ... Read More