News & Articles
Silicon Island Experience Centre opens as reclamation reaches 500 acres
Penang Chief Minister Chow Kon Yeow today officiated the early launch of the Silicon Island Experience Centre, as the state’s ambitious 2,300-acre development reached a major milestone with 500 acres of land reclaimed as of October 2026. Located at the development site, the 2,500-square-foot centre was completed in four months ... Read More
RM33mil Mount Erskine underpass targets 2030 Completion
The RM33 million Mount Erskine underpass project in Penang will be redesigned to incorporate a tunnel, avoiding the need to excavate a busy road and minimise traffic disruption during construction. Deputy Housing and Local Government Minister Aiman Athirah Sabu said the original plan to excavate the road would have required ... Read More
InterContinental Penang Resort to open this December
InterContinental Hotels & Resorts, part of IHG Hotels & Resorts’ luxury and lifestyle portfolio, will open InterContinental Penang Resort this December, marking the brand’s first resort in Malaysia and introducing a new coastal retreat for travellers seeking beauty, culture and a more considered way to experience the world. Set between ... Read More
Land 33 Berhad acquires George Town freehold land for RM32.3mil
Land 33 Berhad, formerly known as ACME Holdings Berhad, is acquiring a 4,287 sq m freehold property along Cantonment Road in George Town, for RM32.3 million as part of its plans to expand its property development portfolio. In an announcement to Bursa Malaysia yesterday, the company said its wholly-owned subsidiary, ... Read More
Penang LRT Mutiara Line: Construction Progress Update (Oct 2026)
Construction of the Penang LRT Mutiara Line continues to progress, with the latest photographs taken at the end of September 2026 capturing the ongoing works along various sections of the alignment. The images show the latest site conditions at key locations, including station areas and elevated guideway structures, offering a ... Read More
Jalan Teluk Kumbar set for widening to ease traffic congestion
The federal government has approved RM5 million for a design study for the proposed widening of Jalan FT 006 Teluk Kumbar in Penang, according to a report by China Press. Bayan Lepas assemblyman Datuk Azrul said the approximately 3km project will cover the stretch from Sekolah Kebangsaan Sungai Batu to ... Read More
No bidders for RM313.6 million Gurney Drive land auction
An auction for a six-acre parcel of land near Gurney Drive, Penang, failed to attract any bidders on Wednesday, dealing a setback to efforts to raise funds for the long-delayed Ayer Itam road bypass project. Representatives of the appointed auction agent, One Asia Property Consultants (PG) Sdn Bhd, waited an ... Read More
Penang’s National Technology Financial Centre may take more than 2 years to materialise
Penang’s proposed National Technology Financial Centre is unlikely to be fully implemented within the next two years, according to Chief Minister Chow Kon Yeow. He said the initiative would require time for further studies, coordination and the development of an implementation framework, noting that major national initiatives typically take several ... Read More
SITE PROGRESS: Northern TechValley @ BKE (Oct 2026)
About Northern TechValley @ BKE Northern TechValley @ BKE is a 176-acre freehold industrial park in Seberang Jaya, developed by Suling Hill Development Sdn Bhd. Located alongside the Butterworth-Kulim Expressway (BKE), the RM1.3 billion development is designed to accommodate manufacturing, logistics and other industrial operations, with access to the North-South ... Read More
Budget 2027: Housing Highlights
Penang stands to benefit from several initiatives announced under Budget 2027, particularly in industrial investment, water security and housing affordability. Key announcements relevant to Penang include: Stamp duty exemptions for first-time homebuyers: Eligible buyers purchasing their first homes priced up to RM500,000 will receive full stamp duty exemptions on loan ... Read More
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