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News & Articles

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Penang launches MADANIHome Ownership Campaign (MOC) to boost housing market

The Penang state government has launched the MADANIHome Ownership Campaign (MOC) 1.0, a strategic initiative aimed at revitalising the local property sector and promoting homeownership among Penangites. Spearheaded by the Penang State Housing Board, the year-long campaign—from 1 June 2025 to 31 May 2026—introduces a range of incentives to stimulate ... Read More
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Government mulls housing above railway stations to curb congestion

The federal government is studying a proposal to build housing projects above railway stations as part of its strategy to tackle traffic congestion in urban areas. Prime Minister Datuk Seri Anwar Ibrahim said the plan, currently being reviewed with Kuala Lumpur City Hall (DBKL), includes both public and commercial housing, ... Read More
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State to prioritise traffic management amid Penang’s infrastructure boom

The Penang state government will implement comprehensive traffic management strategies to minimise disruptions caused by several upcoming large-scale infrastructure projects, Chief Minister Chow Kon Yeow said yesterday. Acknowledging that developments such as the Silicon Island, the 29.5km Mutiara Line LRT, and the Juru–Sungai Dua Elevated Highway may cause temporary congestion, ... Read More
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3 major projects underway at Penang General Hospital to boost public healthcare

Three major development projects currently underway at Penang General Hospital (HPP), with a total allocation of RM758 million, are expected to significantly strengthen the state’s public healthcare system. According to State Executive Councillor for Youth, Sports and Health, Daniel Gooi Zi Sen, the projects involve the construction of a Women ... Read More
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SITE PROGRESS: Queens Residences 3 (May 2025)

About Queens Residences 3 The third phase of the Queens Waterfront development by Ideal Property Group (also known as Q3), situated near Queensbay in Penang. Positioned strategically on reclaimed seafront land directly opposite Queensbay Mall, it’s an expansion of the successful Q1 and Q2. The new phase of development will introduce another ... Read More
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PBAPP invests RM250 million in new water treatment plant near Mengkuang Dam

Perbadanan Bekalan Air Pulau Pinang (PBAPP) is investing RM250 million to build a new water treatment plant (WTP) near Mengkuang Dam to strengthen water supply in Penang. Chief Minister Y.A.B. Chow Kon Yeow said the new Mengkuang Taman WTP, located about 550 meters from the dam, is designed with a ... Read More
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Iconic Boon Siew Villa demolished for luxury residential project

Penang’s architectural heritage has suffered a significant loss with the demolition of the iconic Boon Siew Villa in Batu Ferringhi. Once a majestic seafront home, the villa stood as a testament to the legacy of Tan Sri Loh Boon Siew, the self-made tycoon who brought Honda motorcycles to Malaysia. Its ... Read More
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Hunza leads Penang’s first urban renewal project worth RM600 million

Hunza Properties Bhd is spearheading Penang’s first urban renewal project—an ambitious RM600 million redevelopment of the Mahsuri Flats in Bayan Baru—without requiring a single resident to vacate their home during construction. This pioneering approach sets a new benchmark for community-first development in Malaysia. Located on a 2.6-hectare site directly across ... Read More
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Fort Cornwallis moat restoration nears completion

Fort Cornwallis, one of Penang’s most iconic historical landmarks, is undergoing a major revival with the near completion of its moat restoration project. Spearheaded by the Penang government with support from Think City and Yayasan Hasanah, the initiative marks a significant step in preserving and enhancing the site’s heritage and ... Read More
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SITE PROGRESS: Ari Altitude (May 2025)

About Ari Altitude An affordable condominium project by PTL Alpha Sdn. Bhd., a subsidiary of PTL Properties Sdn. Bhd., located in the well-established township of Alma, Bukit Mertajam. Situated along Jalan Santuari 3, less than 5 minutes drive from Lotus’s and AEON Mall via Jalan Rozhan and approximately 15 minutes ... Read More