News & Articles

Redefining Industrial Space: Introducing Nexus Industrial Hub by Bionic Land
Nexus Industrial Hub by Bionic Land is located in Jawi, Nibong Tebal, Penang, particularly near Sungai Bakap and Batu Kawan. This is a visionary development poised to redefine the future of industrial spaces, offering freehold industrial development. This industry is designed as a strategic hub for emerging economy industries, providing versatile and ... Read More

SITE PROGRESS: Maldives Residences (Aug 2025)
About Maldives Residences A residential development by Ideal Property Group at Bayan Lepas. Strategically located along Jalan Sungai Tiram 6, just across the road from Havana Beach Residences. It is conveniently connected to Jalan Tun Dr Awang, less than 2km away from Penang International Airport. This development comprises 46-storey building with ... Read More

SkyWorld acquires 26.4 acres of land in Penang for modular housing factory
SkyWorld Development Berhad, has entered into a sale and purchase agreement to acquire four adjoining parcels of freehold lands in Seberang Perai Tengah, Penang for RM82.7 million through its 70% indirect subsidiary, Prefab Master (Penang) Sdn. Bhd. Spanning a combined area of 26.4 acres, the lands will be used to ... Read More

Jalan Sultan Azlan Shah flyover to close temporarily for maintenance on 10 August
The Penang City Council (MBPP) will temporarily close the flyover along Jalan Sultan Azlan Shah this Sunday, 10 August 2025, to carry out essential maintenance and cleaning works. The closure is scheduled from 7:30 AM to 12:30 PM and will affect both lanes of the flyover, covering the stretch between ... Read More

Penang Hill Cable Car secures RM367mil boost to move forward
The Penang Hill Cable Car project is set to move into its implementation phase, following the signing of a RM367 million financing agreement between Hartasuma Ropeways Sdn Bhd and Bank Pembangunan Malaysia Berhad (BPMB). The new cable car system is intended to supplement the century-old funicular railway, not replace it, ... Read More

Jalan Teluk Kumbar road widening project moves closer to approval
The long-awaited upgrade of Jalan Teluk Kumbar from a two-lane to a four-lane carriageway is expected to significantly reduce traffic congestion in Penang’s Southwest District, especially during peak hours. Penang State Executive Councillor for Infrastructure, Transport and Digital, Zairil Khir Johari, stated that the project has received initial approval from ... Read More

Paramount expands Penang presence with launch of Paramount Embun Hills in Bukit Mertajam
Paramount Property today officially launched Paramount Embun Hills at its sales gallery in Icon City, Bukit Mertajam, marking its third property development in Penang. The 69.2-acre freehold, gated-and-guarded township in Bukit Mertajam features residential, recreational and commercial spaces that foster sustainable community development. The launch was officiated by the Chief ... Read More

AmBank extends RM222.8mil financing for Northern TechValley @ BKE
AmBank Group, through its Islamic banking arm AmBank Islamic Bhd, has extended RM222.8 million in financing to Suling Hill Development Sdn Bhd for the development of Northern TechValley @ BKE — a 175.6-acre freehold green industrial park in Seberang Perai Tengah, Penang. Suling Hill Development is a 50:50 joint venture ... Read More

Penang launches GBS By The Sea, boosting digital and high-value job growth
Penang has taken another major stride in its journey to become a regional hub for high-value investments and digital innovation with the launch of GBS By The Sea, a RM296 million purpose-built facility under the Penang Development Corporation’s (PDC) Global Business Services (GBS) initiative. Located in the Technoplex zone of ... Read More

Understanding the QLASSIC Score: A Measure of Construction Quality
You’ve probably come across property ads boasting about their “QLASSIC score”—but what is it, really? Is it just another marketing term, or does it actually tell you something important about the quality of a home? As more developers highlight their QLASSIC achievements, it’s worth understanding what this score means, how ... Read More
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