Three bungalow houses accounted for the highest-value residential property transactions in Penang during the first half of 2026, with the top transaction exceeding RM12.7 million. #1 - Jalan York bungalow (RM12.74 million) The most expensive transaction involved a bungalow along Jalan York, which changed hands for RM12,736,000, translating to approximately RM679 psf ... Read More

Penang hoteliers are calling for more consistent regulation of short-term rentals and homestays, as the industry continues to face competition from Airbnb and other private accommodation options. Malaysia Association of Hotels (MAH) vice-president Datuk Khoo Boo Lim said licensed hoteliers had raised concerns over the growing presence of unlicensed homestays, ... Read More

The four-star Cititel Penang, a 19-storey hotel along Penang Road in George Town, has been put up for sale at an asking price of RM163 million through an expression of interest (EOI) exercise. The hotel occupies three freehold parcels, Lots 832, 833 and 834, with a combined land area of ... Read More

About Merione Residences Merione Residences is a freehold waterfront residential development by IJM Land located within The Light City in Gelugor, Penang. Situated above Merione Grand at The Light Waterfront, the development comprises 145 low-density units with built-up areas from 1,055 sq ft, featuring three-bedroom layouts and private balconies. Residents ... Read More

Setia Fontaines Heritage Park, a new 100-acre recreational and tourism attraction in Seberang Perai Utara (SPU), was officially opened today by the Yang Dipertua Negeri Pulau Pinang, Tun Ramli Ngah Talib. Developed by SP Setia Berhad, the modern recreational park is positioned as a new family-oriented destination in Kepala Batas, ... Read More

About The Cube The Cube is an affordable housing development by Morning Dew Development Sdn. Bhd. located along Lorong Perak in Jelutong, Penang. Situated on approximately 2 acres of freehold land, the development comprises a 38-storey residential tower with 349 units, ranging from 850 sq ft to 1,000 sq ft. The ... Read More

PTT Synergy Group Bhd is acquiring a 3.925-hectare parcel of freehold land in Seberang Perai Selatan, Penang, for RM62.53 million. The industrial construction and automated logistics company said its wholly owned subsidiary, PTT Logistics Hub 3 Sdn Bhd, has entered into a sale and purchase agreement with Lee Mooi Khean ... Read More

The Silicon Island development in Penang has reached another milestone, with more than 480 acres of land reclaimed as the 2,300-acre project enters its fourth year of development. Pulau Tikus assemblyman Joshua Woo Sze Zeng said the project, which began reclamation works in September 2023, had attracted RM1.9 billion in ... Read More

Pesta Pulau Pinang will return this December at a new location, as the former Sungai Nibong grounds make way for the development of the Mutiara Line light rail transit (LRT) and a future transit-oriented development (TOD). Penang Chief Minister Chow Kon Yeow said this year’s month-long Pesta Pulau Pinang will ... Read More

The Penang Development Corporation (PDC) is inviting proposals from companies interested in acquiring 15.81 acres of development land along Jalan Batu Kawan in Seberang Perai Selatan, Penang, for commercial purposes. According to PDC’s proposal document, the site measures approximately 688,527 sq ft and carries a reserve price of RM75 per ... Read More