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Penang LRT Mutiara Line: Partial lane closures near Relau from today until Oct 31

Property News/ 20 August 2026 No comments
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Source: Google Street View

Periodic partial lane closures along Jalan Tun Dr Awang and Jalan Dato Ismail Hashim, from the Sri Relau Complex to the Penang Golf Club, near here, will be implemented from Aug 20 to Oct 31 to facilitate preliminary construction works of the Mutiara Line Light Rail Transit (LRT) project in the area.

Malaysia Rapid Transit Corporation Sdn Bhd (MRT Corp) said the 72-day closure, to be implemented from 8.30 am to 4.30 pm daily, was to facilitate drainage and road widening works under Package CMC1 of the Mutiara Line project.

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“The closures involve several lanes, including the right lane of Jalan Dato Ismail Hashim, in front of the Sri Relau Complex, heading towards Komtar, as well as the left lane of Jalan Dato Ismail Hashim, starting from shop lots near SJK (C) Min Sin to the Penang Golf Club heading towards Komtar.

“In addition, the left lane at the traffic light intersection of Jalan Dato Ismail Hashim and Jalan Tun Dr Awang heading towards Komtar, as well as the leftmost lane on Jalan Tun Dr Awang, near the Taman Melati Jaya residential area heading towards Bayan Lepas, will also be closed, while other lanes will remain open to traffic,” it said in a statement today.

It added that signboards, traffic cones and flagmen would be stationed at the affected locations to facilitate traffic control and ensure the safety of road users.

Motorists are advised to exercise caution and follow the directional signage provided when passing the areas during the closure period.

For enquiries regarding the closures, the public can contact the MRT Careline at 1-800-88-6782 or email feedback_pml@mymrt.com.my.

Source: Bernama

Taman Kota Indah

Butterworth/ 19 August 2026 No comments

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Taman Kota Indah is an affordable landed residential development by Spirit of Perai Sdn. Bhd. (a subsidiary of Oriental Max Group), located on 37.9 acres of land surrounded by Perai River in Sungai Dua, Butterworth. The development is situated near Jalan Guar Jering, approximately 10 minutes’ drive from the North-South Expressway (NSE) Sungai Dua Toll Plaza and about 15 minutes from Bukit Mertajam town centre.

The development comprises 480 units of single-storey terrace houses. Each house features three bedrooms, two bathrooms and a car porch with space for two cars. The typical lot size is 20′ x 65′, with a built-up area of approximately 20′ x 42′. Indicative prices start from RM333,000.

READ MORE ABOUT AFFORDABLE HOUSING:

Property Name: Taman Kota Indah
Location : Sungai Dua, Butterworth
Property Type : Residential
Total Units : 480
Built-up Size: 20‘ x 42′
Land Tenure : Freehold
Indicative Price : RM333,000 onwards
Developer : Spirit of Perai Sdn. Bhd.

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SITE PROGRESS: The Westin Residences (Aug 2026)

Property News/ 18 August 2026 1 comment

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About The Westin Residences

The Westin Residences is a mixed residential and hospitality development by VST Group located along the seafront at Gurney Drive on reclaimed land opposite Gurney Plaza and facing Gurney Bay. The project consists of a 69-storey residential tower with 498 units and a 10-level parking podium, together with a separate 28-storey hotel tower offering 217 rooms and suites with a 7-level parking podium. Once completed, the residential tower is expected to be the tallest in Penang.

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Penang Roadmap to 2040: Growth, Mobility and Liveability in Focus

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The draft Penang Structure Plan 2040 (Review) has been positioned as a long-term development framework to guide the state’s growth over the next 15 years, with an emphasis on balancing economic development, infrastructure, housing, mobility and environmental sustainability.

Chief Minister Chow Kon Yeow said the draft should serve as a “compass” for Penang’s development, while public participation would allow residents and stakeholders to help shape the state’s future direction. He said development planning should not be viewed solely as the responsibility of the state government, but as a shared process involving residents, industry players, professional bodies, academics and other stakeholders.

The draft replaces the Penang Structure Plan 2030, which was gazetted on Oct 24, 2019, in accordance with the Town and Country Planning Act 1976 (Act 172).

Chow said Penang had undergone rapid growth as a major economic, industrial and technology hub over the past several years. However, this growth had also brought more complex challenges, including climate change, flooding, pressure on land and water resources, the need for affordable housing, rising living costs, mobility issues and changes brought about by technology and the digital economy.

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Among the key priorities identified in the draft are achieving a better balance between development on Penang Island and Seberang Perai, optimising land use, strengthening growth centres, promoting transit-oriented development, improving transport connectivity, addressing housing needs, enhancing economic competitiveness and protecting the environment.

Chow also said major developments such as Silicon Island should be assessed comprehensively, taking into consideration their potential impact on economic growth, infrastructure, employment, housing, mobility and environmental sustainability.

He stressed that the draft is not yet finalised and remains open to feedback and proposals from government departments and agencies, local authorities, the private sector, academic institutions, professional bodies, NGOs and local communities. Public feedback will be reviewed and considered before the document proceeds through the approval and gazettement process.

On the proposed third bridge or tunnel, Chow said the project remains an indicative future development. Its implementation would depend on the existing agreement and relevant development schedules. He noted that some development zones in the draft are also indicative, with their eventual implementation depending on government decisions or private-sector plans for land development.

Meanwhile, development on Pulau Jerejak will be limited to 80 acres of privately owned land. The remaining areas will continue to be zoned as permanent forest reserves. While utility and infrastructure projects may still be considered within the forest reserve, other forms of development will not be permitted.

The public participation programme is intended to gather views before the draft is finalised, with the state government emphasising the need for future development to remain balanced, sustainable and liveable.

The public can inspect the Draft Penang Structure Plan 2040 (Review) Report from 10 August to 9 September 2026, between 9am and 4pm (closed on weekends and public holidays). The draft is available at the PLANMalaysia Pulau Pinang office at:

  • Level 57, KOMTAR
  • Lobby Area, Level 3, KOMTAR concourse
  • Seberang Perai City Council (MBSP) lobby, Bandar Perda
  • The lobbies of all Penang District and Land Offices.

Members of the public can also submit feedback, objections or representations using the Public Objection Form, memorandum or official letter by 9 September 2026 to the Director of PLANMalaysia Pulau Pinang at Level 57, KOMTAR.

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Penang property market shows resilience amid selective demand in 1H2026

Property News/ 17 August 2026 No comments

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Penang’s property market remained relatively resilient in the first half of 2026, although market activity was more measured as buyers and investors became increasingly selective. According to Knight Frank Malaysia’s Real Estate Highlights 1H2026, the state’s established manufacturing base, continued investment, infrastructure development and tourism activity provided support to the property sector, while affordability, location and product quality remained important considerations.

The residential market was softer in 1Q2026, with transaction volume declining 16.6% year-on-year (y-o-y) to 3,443 units, while transaction value fell 13.2% to RM1.6 billion. Demand remained concentrated in the affordable and mid-priced segments, particularly properties priced between RM200,000 and RM400,000. Despite the lower transaction activity, residential values remained resilient. The Penang High-Rise Residential Price Index rose 3.4% y-o-y to 229.9 points.

High-rise residential supply also continued to expand, reaching 138,330 existing units in 1Q2026, up 6.9% y-o-y. Nevertheless, developers remained active, with approximately 1,998 residential units launched in 1H2026. Serviced apartments accounted for most of the new launches, alongside premium, low-density condominiums. Notable launches included AVEA in Andaman Island, The Fount in Batu Uban, Keeperz Suites and Merione Residences in The Light City, with gross selling prices ranging from about RM840 to RM1,857 per sq ft among these projects.

The industrial sector continued to stand out as a key growth driver. Penang recorded RM4.9 billion in approved manufacturing investments in 1Q2026, including RM3.4 billion in foreign direct investment. Industrial transaction volume and value also increased by 19% and 67.8% y-o-y respectively, reflecting continued demand for higher-value industrial assets. Major investment announcements during the period included Nexperia’s RM1.6 billion semiconductor investment, WaferWise Semiconductor’s RM700 million investment and Boston Scientific’s RM308 million project in Batu Kawan.

Penang’s office market expanded modestly following the completion of The Light Exchange in Gelugor, which added about 176,000 sq ft of net lettable area. Total privately owned office stock increased to approximately 8.2 million sq ft, comprising 6.7 million sq ft on Penang Island and 1.5 million sq ft in Seberang Perai. Occupancy continued to strengthen, supported by demand from global business services, technology and corporate occupiers.

The retail market remained relatively stable, with cumulative supply at approximately 21.1 million sq ft and an overall occupancy rate of 70.5%. The upcoming 1 million sq ft The Waterfront Shoppes is expected to introduce additional competition while benefiting from tourism and MICE-related activity.

Meanwhile, Penang’s hospitality sector continued to strengthen, supported by tourism activity, improving air connectivity and a growing MICE sector. The state has an active pipeline of 18 hotels, while recent openings have expanded its offerings across luxury, heritage and lifestyle segments. However, increasing hotel supply has also resulted in greater competition, particularly in the four-star segment.

Looking ahead, Knight Frank expects Penang’s high-rise residential market to remain relatively stable, supported by the state’s economic base, urbanisation and demand for well-connected locations. Major infrastructure initiatives, particularly the Mutiara LRT Line and Penang Silicon Island, are expected to enhance connectivity and support selected residential locations. At the same time, buyers are likely to remain cautious and place greater emphasis on affordability, practicality, connectivity and long-term value.