Penang’s property market recorded a softer performance in the first half of 2026, with total transactions falling 9.9% year-on-year to 9,960 transactions. The total value of transactions also declined by 3.6% to RM6.76 billion, according to the latest Property Market Report 1H 2026 by the National Property Information Centre (NAPIC) ... Read More

A vacant plot spanning approximately 3,723 sqm. in Taman Kelisa Emas, Central Seberang Perai, will be upgraded into a Taman Rekreasi MADANI at a cost of about RM500,000. The project, located along Jalan Kelisa Emas 4, is expected to be completed by Jan 19 next year. Construction is scheduled to ... Read More

More than 200 families living in the Weld Quay reclamation area are moving closer to relocating to their new homes at Cecil Residency, following the approval of the project’s Certificate of Fitness for Occupation (CCC). The residents gathered at the site on Friday evening to celebrate the Mid-Autumn Festival with their ... Read More

A gap between students’ expectations and employers’ assessments of workplace readiness has emerged from a REHDA Institute Youth Initiative (RIYI) 2026 survey, reinforcing the need for closer university-industry collaboration as artificial intelligence (AI) changes the skills required of fresh graduates. The survey found that 41.6% of student respondents considered one ... Read More

Prominent and diversified property developer, Kerjaya Prospek Property Berhad(“KPPROP” or the “Group”) yesterday announced the official launch of AndaBreeze, its latest residential development in Batu Kawan, Penang. Developed by its wholly-owned subsidiary, Kerjaya Property Sdn. Bhd., AndaBreeze marks another milestone in the Group’s growing presence in one of Penang’s rapidly developing ... Read More

The Penang government will proceed with the development of Penang Silicon Design @5km+ (PSD@5KM+) Campus II, following the full occupancy of its first campus less than two years after its launch. Chief Minister Chow Kon Yeow said PSD@5KM+ Campus I, established under Batches 1 and 2 at GBS TechSpace, is ... Read More

Nearly 60% of property developers surveyed by the Real Estate and Housing Developers’ Association Malaysia (Rehda) reported having unsold completed residential units as of June 30, 2026, with rejected end-financing applications, property prices and unreleased Bumiputera units cited as the main factors. The findings were revealed during the media briefing ... Read More

Three bungalow houses accounted for the highest-value residential property transactions in Penang during the first half of 2026, with the top transaction exceeding RM12.7 million. #1 - Jalan York bungalow (RM12.74 million) The most expensive transaction involved a bungalow along Jalan York, which changed hands for RM12,736,000, translating to approximately RM679 psf ... Read More

Penang hoteliers are calling for more consistent regulation of short-term rentals and homestays, as the industry continues to face competition from Airbnb and other private accommodation options. Malaysia Association of Hotels (MAH) vice-president Datuk Khoo Boo Lim said licensed hoteliers had raised concerns over the growing presence of unlicensed homestays, ... Read More

The four-star Cititel Penang, a 19-storey hotel along Penang Road in George Town, has been put up for sale at an asking price of RM163 million through an expression of interest (EOI) exercise. The hotel occupies three freehold parcels, Lots 832, 833 and 834, with a combined land area of ... Read More