News & Articles

E&O targets stronger growth with RM2.2b launches and bid for RM10b PIFC
Eastern & Oriental Bhd (E&O) is ramping up its development momentum with RM2.2 billion worth of property launches scheduled for the remainder of 2025, while also pitching its flagship Andaman Island in Penang as the potential site for the proposed RM10 billion Penang International Financial Centre (PIFC). Managing director Kok ... Read More

My Ideal Homes Photo Contest announces 24 winners, with prizes totalling RM20,000
Ideal Property Group announced the grand prize winner of its signature annual photo contest, My Ideal Homes Photo Contest 8.0, at a prize-giving ceremony held at 1st Avenue Penang last Saturday. Two Grand Prize winners were named under the categories Architecture Charm and Drone Shot. Lee Siau Hui and Liew ... Read More

Government pledges win-win formula for urban renewal initiatives
Housing and Local Government Minister Nga Kor Ming has assured that property owners involved in housing renewal projects under the proposed Urban Renewal Act (URA) will receive compensation exceeding market value. Citing past redevelopment successes, Nga pointed to the Razak Mansion Flats in Bandar Tun Razak and Kampung Kerinchi in ... Read More

Compulsory licensing coming soon for short-term rentals in Malaysia
Malaysia’s short-term rental accommodation (STRA) sector – encompassing platforms like Airbnb and similar homestay-style offerings – is on the verge of a major regulatory shift. The government has confirmed that STRA operators will soon be required to obtain a business licence from local councils before registering as official tourist accommodation ... Read More

SITE PROGRESS: Jesselton Courtyard (Aug 2025)
About Jesselton Courtyard A luxury residential project by Berjaya Land in the Penang Turf Club area. It features 32 units of Four-Storey Zero-Lot Bungalows (6,649 – 9,054 sq.ft.) with an indicative priced from RM6.48mil, and 207 units of 1½ - 2 Storey Condominiums (2,734–5,167 sq.ft.) with an indicative priced from ... Read More

Sunway Dora – Completing Soon in Bayan Baru!
Final Call – Limited Units Left! Your chance to own a freehold, residential-titled condominium in the heart of Bayan Baru, Penang. Why Sunway Dora? ✔ Completing Soon – move in soon! ✔ Freehold, residential-titled condominium ✔ Prime location in matured Bayan Baru township ✔ Close to shopping, healthcare, schools & ... Read More

SITE PROGRESS: Nexus Industrial Hub (Aug 2025)
About Nexus Industrial Hub Nexus Industrial Hub is a freehold light industrial development situated in Jawi, Nibong Tebal, close to Sungai Bakap and Batu Kawan. It consists of 40 two-storey semi-detached units designed for a range of uses, including warehousing, logistics, manufacturing, and office-industrial setups. Key design elements include high ... Read More

Silicon Island reclamation reaches 200-acre milestone
Reclamation works for Penang’s Silicon Island project have surpassed the 200-acre mark, marking steady advancement in the state’s largest land reclamation initiative. The development spans 2,300 acres in total, divided into two phases — 1,260 acres in Phase One and 1,040 acres in Phase Two. To commemorate the milestone, Penang ... Read More

Government to amend housing act to cover commercial projects
The government is drafting amendments to the Housing Development (Control and Licensing) Act 1966 (Act 118) to extend its scope to problematic commercial developments, including shop lots and offices. Housing and Local Government Minister Nga Kor Ming said the current law only regulates residential projects by requiring developers to obtain ... Read More

Aspen Launches Phase 2 of Viluxe, Viluxe II : Courtyard Collection in Aspen Vision City
Batu Kawan, Penang - Aspen proudly unveils Phase 2 of Viluxe, Viluxe II: Courtyard Collection, an exclusive release of just 61 limited-edition landed homes that redefines modern multigenerational living in Aspen Vision City. Set within a vibrant 247-acre master-planned township, Viluxe II: Courtyard Collection presents an exclusive opportunity to own ... Read More
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