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Penang poised to lead as ASEAN’s economic gateway
Penang’s strategic location, robust economic ecosystem, and ambitious infrastructure developments position it as a rising financial hub and key player in the ASEAN region. At the recent ASEAN Business Advisory Council (ASEAN-BAC) Malaysia Chairmanship 2025 launch, Penang Chief Minister Chow Kon Yeow highlighted the state’s strengths in logistics, trade, ... Read More

SITE PROGRESS: Central Residence (Jan 2025)
About Central Residence A residential project in Jelutong, located on 1.2 acres of land along Lorong Madrasah, directly opposite Jelutong Palace apartment. Just 5 minutes from the Penang Bridge and a short drive from the Jalan Ahmad Nor/Tun Dr. Lim Chong Eu interchange, this 35-storey condominium offers 298 residential units ... Read More

Maris brings luxurious waterfront living to Andaman Island
Eastern & Oriental Berhad (E&O), Malaysia’s premier lifestyle developer, revealed its latest waterfront residence, Maris. Located within the vibrant Gurney Green district on Andaman Island, Maris epitomises marina-inspired living and will offer residents a unique blend of urban convenience and tranquil seafront elegance. With a Gross Development Value (GDV) close ... Read More

Kings Galleria @ RU Square Raja Uda
Kings Galleria at RU Square, Raja Uda is designed to become more desirable by offering convenience to the neighbourhood. It is a commercial development that includes individual titles. Kings Galleria showcases a unique, modern, and heritage design concept with a total of 16 units of semi-detached shop lots, which emphasize ... Read More

Sunway Property names Chung Soo Kiong as new Managing Director
Sunway Property, the property arm of Sunway Group, has announced Chung Soo Kiong as its new Managing Director. Chung, who succeeds Datin Paduka Sarena Cheah, brings more than 20 years of extensive experience in property development and construction businesses within Sunway Group. Chung most recently served as the Managing Director ... Read More

BNM cautions against overly lenient housing loan policies
Bank Negara Malaysia (BNM) has raised concerns that overly lenient housing loan policies could undermine affordability and destabilize the property market. The central bank highlighted that relaxed financing conditions, such as extended loan tenures and speculative buying driven by easy credit access, significantly contributed to housing price surges between 2012 ... Read More

EcoWorld opens Australis @ Eco Horizon City and advances sustainability goals
Eco World Development Group Berhad (EcoWorld) celebrated the grand opening of its new retail hub, Australis @ Eco Horizon City, on Friday. The event marked a significant milestone as EcoWorld announced its partnership with EFS Revision Energy Sdn Bhd (EFS) to install solar energy systems in key facilities, moving closer ... Read More

Strong support for Kampung Valdor leasehold extensions
The Penang government’s offer of optional 99-year leasehold extensions and premium discounts has been warmly received by leaseholders in Kampung Valdor, Nibong Tebal. During a dialogue session with Chief Minister Chow Kon Yeow, Bukit Tambun assemblyman Goh Choon Aik, and state Land and Mines officials, attendees expressed their satisfaction with ... Read More

Penang breaks ground on historic Mutiara Line LRT project
Penang reached a historic milestone today with the official launch of the Mutiara Light Rail Transit (LRT) Line project. The groundbreaking ceremony, held in Bandar Sri Pinang, Sungai Pinang, was officiated by Prime Minister Datuk Seri Anwar Ibrahim and marked a transformative moment in the state’s transportation landscape. Penang Chief ... Read More

SITE PROGRESS: Terraces Condominium (Jan 2025)
About Terraces Condominium A highrise residential development by IJM Land at Bukit Jambul, Penang. Strategically located on 9.32 acres of land next to INTI International College. It comprises a 34-storey condominium tower, featuring 410 residential units with two different design types to choose from. *Photo taken in Dec 2024 Find out more ... Read More
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