News & Articles

Budget 2025: Housing Highlights
Today, Prime Minister and Finance Minister Datuk Seri Anwar Ibrahim presented the Malaysian Budget 2025, with significant provisions for housing and development. Below are the key takeaways: Support for First-Time Home Buyers The government's Housing Credit Guarantee Scheme (SJKP) will now guarantee loans of up to RM500,000 for first-time home ... Read More

Expansion of PIA begins with completion set for 2028
Expansion works on Penang International Airport (PIA) have officially begun, with the RM1.5 billion project set to be completed by 2028. The project is divided into three key packages aimed at enhancing the airport’s capacity and facilities to meet growing passenger demand. Penang Tourism and Creative Economy Committee Chairman Wong ... Read More

You are invited! Visit PDC Sales Gallery at Batu Kawan this Saturday (19 Oct)
Come and meet PDC Properties at ‘PDCP Customer Day 4.0’ to learn more about their latest and upcoming projects! Don’t miss out on the exclusive promotions for Cassia Cempaka Freesia 2 homes: ✔️ EV Charging Socket ✔️ 5% Bumiputera Discount (Terms & conditions apply) Enjoy FREE COFFEE while chatting. See ... Read More

Fajarbaru Builder Group to develop medical city in Batu Kawan
Fajarbaru Builder Group Bhd has announced its entry into a significant joint development project with Penang Development Corporation (PDC) in Bandar Cassia, Batu Kawan. The development will include a medical city, Medi-City, and a mixed-use hub. Fajarbaru has agreed to pay RM111.45 million to PDC for the purchase of 51.17 ... Read More

Jalan Alma – Jalan Bukit Minyak road expansion project completed
The RM8.5 million road expansion and median construction project at Jalan Alma and Jalan Bukit Minyak (Phase 1) has officially been completed, aiming to improve traffic conditions in the area. Penang infrastructure, transport and digital committee chairman, Zairil Khir Johari, stated that the project, executed by the Public Works Department (JKR), ... Read More

SITE PROGRESS: Queens Residences 3 (Oct 2024)
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

SITE PROGRESS: Sanctuary Row (Oct 2024)
About Sactuary Row A freehold commercial development at Permatang Sanctuary by IJM in Bukit Mertajam. Located along Jalan Santuari 2, right across the road from Sanctuary Villa. It is only 2km away from AEON Mall and Tesco Hypermarket, about 15-minute drive to Juru Auto-City and Penang Second Bridge. This development features 24 units ... Read More

No inheritance tax in 2025 Budget
Transport Minister Anthony Loke dismissed claims that the government is planning to introduce inheritance tax in the upcoming 2025 Budget, scheduled to be tabled on Oct 18. Loke said he had never heard of such a proposal in cabinet meetings. He was referring to a report quoting analysts from local ... Read More

Silicon Island: One year of transformation for Penang
One year after the commencement of Silicon Island’s development in September 2023, the project has already demonstrated significant progress and positive outcomes for Penang’s economy, environment, and local communities. This ambitious initiative, undertaken by the Penang state government, has achieved numerous milestones in its first year, showcasing the broad benefits ... Read More

HBA opposes reintroduction of inheritance tax, citing unfair burden on property owners
The National House Buyers Association (HBA) has voiced strong opposition to the proposed reintroduction of an inheritance tax in Malaysia’s 2025 Budget. The tax is one of several measures being considered to broaden the country’s tax base and increase government revenue. However, HBA secretary-general Datuk Chang Kim Loong argues that ... Read More
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