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Property News

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Versa Reaches Topping-Off Milestone, Bringing Buyers Closer to Their Dream Home

Batu Kawan’s skyline continues to take shape, and with it, the confidence surrounding one of Penang’s most closely watched growth townships, Aspen Vision City (AVC). The recent topping-off of Versa marks a significant construction milestone, signalling steady progress as the development moves closer to its targeted handover in 2027. Comprising ... Read More
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KLIDC project to proceed with completion on target for 2029

The Kuala Lumpur International Dental Centre (KLIDC) mixed development project in George Town will proceed as planned, following a review of the project's status and implementation plans by the Penang state government. Chief Minister Chow Kon Yeow said the confirmation came after a special meeting held on July 8, following ... Read More
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DoubleTree Resort by Hilton Penang up for sale via tender for RM250mil

Penang’s hospitality sector could be set for one of its biggest investment deals this year, as the DoubleTree Resort by Hilton Penang in Batu Ferringhi has been officially put up for sale through a tender exercise with an indicative asking price of RM250 million. The 316-room resort, situated on approximately ... Read More
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Package 1 of Juru-Sungai Dua Traffic Project on track for Oct 2027 completion

The Juru-Sungai Dua Traffic Dispersal Project (PTJSD) continues to record positive progress, with Package 1 of the project achieving 28.75 per cent overall completion as of July 12 and remaining on schedule. PLUS Malaysia Berhad (PLUS) said major milestones achieved include the completion of preliminary works, while utility relocation works ... Read More
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One-stop financing hub proposed to transform Penang-Kulim into a global tech cluster

Deputy Finance Minister Liew Chin Tong has proposed that Malaysia establish a one-stop centre for semiconductor and deep-tech financing, offering integrated financing solutions in the heart of the country’s technology cluster. He said the move would help turn the technology cluster into Malaysia’s true Silicon Valley by bridging the gap ... Read More
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Seberang Perai Local Plan 2030 to be gazetted by October

The Seberang Perai Local Plan 2030 (Rancangan Tempatan Seberang Perai 2030) is expected to be gazetted by October this year, marking a significant milestone in guiding the mainland's future growth and becoming Penang's first gazetted local plan. Chief Minister Chow Kon Yeow said the plan will provide a comprehensive framework ... Read More
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Astaka Kota Selera earns top architectural honour at PAM Awards 2026

Astaka Kota Selera at Fort Cornwallis has been named Building of the Year 2026 and received the Gold Award in the Commercial Low-Rise category at the Pertubuhan Akitek Malaysia (PAM) Awards 2026, highlighting the project's success in blending contemporary public infrastructure with heritage conservation. Chief Minister Chow Kon Yeow said ... Read More
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Mah Sing unveils M Amaya, announces Village Grocer as anchor tenant

Mah Sing Group Berhad (Mah Sing) today celebrated the grand launch of M Amaya and the opening of its sales gallery. Located within the established Southbay township in Batu Maung, Penang, M Amaya marks Mah Sing's second M Series development in the state following the successful launch of M Zenni ... Read More
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8 heritage shophouses in Lebuh Aceh to be restored as Cultural Hub

A row of eight heritage shophouses along Lebuh Aceh is set to be transformed into a vibrant Cultural Heritage Hub (CH2) under a RM10 million restoration initiative aimed at strengthening heritage conservation while promoting the creative economy within George Town’s UNESCO World Heritage Site. Launched in conjunction with the 18th ... Read More
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Malaysia ranks sixth globally in medical tourism, Penang remains No. 1

Penang continues to reinforce its reputation as Malaysia’s leading medical tourism destination, accounting for approximately 45% of the country’s total medical tourism revenue in 2025. The achievement comes as Malaysia was ranked the world’s sixth-best medical tourism destination in the latest 2026 Global Top 10 Medical Tourism Destinations ranking by ... Read More