fbpx

Property News

rimbun-1

The Rimbun achieves 70% reservation following Sales Gallery opening

The Rimbun, the latest residential development by PTL Properties Sdn Bhd, has received strong market response since its Sales Gallery officially opened on 12 July 2026, with the project preview commencing on the same day. Since opening its doors to prospective homebuyers, The Rimbun has achieved an encouraging 70% reservation ... Read More
proposed-affordable-in-sungai-dua

1.9-acre Sungai Dua site in Penang Island proposed for 419 affordable homes

The Penang state government has been urged to expedite the development of 419 affordable housing units on a long-vacant parcel of land in Sungai Dua, Northeast District, which has remained undeveloped for about 35 years. Batu Uban assemblyman A. Kumaresan said the approximately 1.9-acre site comprising Lots 9117 and 20113, ... Read More
Tokun Hill View

Sunway Wellesley Serene Villas: Construction Progress Takes Shape. Enjoy Perks Worth Up to RM66,888*

Looking for a new landed home in an established Bukit Mertajam neighborhood? Sunway Wellesley Serene Villas is taking shape, with construction progressing towards its targeted 2027 completion. LATEST PROMO : UP TO RM66,888* IN VALUE For a limited time, homebuyers can enjoy a package worth up to RM66,888*: Free Kitchen ... Read More
Tun-Dr-Lim-Chong-closure

Nightly closures planned along Tun Dr Lim Chong Eu Expressway from 7 to 9 Sept

Motorists heading towards George Town can expect temporary nightly closures along part of the Tun Dr Lim Chong Eu Expressway from Sept 7 to 9 due to ongoing highway construction works. IJM Land Bhd, developer of The Light Waterfront Penang, said the closures will take place from 10pm to 5am ... Read More
skyworld-esg-awards

SkyWorld recognised as Best Performing Company in Property Sector at The Edge Malaysia ESG Awards 2026

SkyWorld Development Berhad (“SkyWorld” or “the Group”) has been recognised as the Best Performing Company in the Property Sector at The Edge Malaysia ESG Awards 2026, reaffirming the Group’s continued commitment to integrating environmental, social and governance (“ESG”) considerations into its business strategy and operations. Organised by The Edge Malaysia ... Read More
property-market2

The true cost of owning a strata property

Buying a strata property could eventually involve looking beyond the purchase price, monthly instalment and maintenance fee, with the government proposing that longer-term maintenance and replacement costs be disclosed in sale and purchase agreements. The proposal is part of the National Housing Policy (Dasar Perumahan Negara or DRN) 2026-2035, which ... Read More
Armenian-Park

Armenian Park to glow pink for ‘Mid-Autumn in Nanyang’ celebration

Armenian Park in George Town is set to take on a vibrant pink glow as colourful decorations are installed ahead of this year’s Mid-Autumn Festival. The festive displays are gradually transforming the park into a photogenic setting, with the predominantly pink decorations adding a warm and romantic touch to the ... Read More
andaman-island-site-progress

E&O confident of hitting RM1bil sales target on strong Penang demand

Eastern & Oriental Bhd (E&O) remains confident of achieving its RM1 billion property sales target for FY2027, following a strong start to the financial year. The property developer recorded RM356 million in property sales for the first quarter ended June 30, more than double the RM? recorded a year earlier ... Read More
avion-site-progress-aug2026

SITE PROGRESS: Avion Residence (Aug 2026)

About Avion Residence Avion is a serviced residence project by Rackson Group in Bayan Lepas, located opposite Penang International Airport and part of the Penang Gateway development. It comprises a 36-storey commercial building with 608 serviced suites above an eight-level car park, with unit sizes ranging from 488 sq ft ... Read More
medtech-powerhouse

Penang emerges as Malaysia’s MedTech manufacturing powerhouse

Penang’s medical technology (MedTech) industry has evolved from a niche sector into an increasingly important pillar of the state’s high-value manufacturing ecosystem, driven by its strong electrical and electronics (E&E) heritage and advanced manufacturing capabilities. Penang Chief Minister Chow Kon Yeow said the state’s more than 50 years of experience ... Read More