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News & Articles

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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
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Penang undersea tunnel still a key solution to traffic woes

The proposed Penang undersea tunnel remains a relevant solution to alleviate congestion on the first Penang bridge, according to state infrastructure, transport and digital committee chairman Zairil Khir Johari. Speaking at the state legislative assembly, Zairil said the tunnel would help reduce traffic flow in both directions on the bridge ... Read More
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PIA expansion reaches 38% completion, phase one on track

The Penang International Airport (PIA) expansion project is progressing steadily, with Phase One expected to be completed by the end of this year. As of now, construction work has reached nearly 38% completion. State Infrastructure, Transport and Digital Committee chairman Zairil Khir Johari announced that Work Package 1 (WP1) has ... Read More
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Stakeholders call for clearer laws to safeguard commercial property buyers

Consumers and industry stakeholders have voiced strong support for the proposed Real Property Development Act (RPDA), urging the government to clearly define mixed developments and extend legal safeguards to protect buyers of commercial properties like Soho, Sofo, and Sovo. Currently, these types of developments fall outside the scope of the ... Read More
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Elevating Living: Celebrating wins, conscious living, and investment potential at The Pier by Asia Green Group

Asia Green Group proudly announces the successful culmination of its Buy & Win campaign, a highlight of the recent Chinese New Year celebrations. This exciting milestone coincides with the prestigious Gold rating for Green Building awarded to The Pier—a flagship development that reflects Asia Green’s mission to create meaningful, sustainable ... Read More
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Penang identifies site for potential superyacht marina

Penang may soon welcome a new marina capable of hosting large vessels and superyachts, as the state seeks to attract more high-end maritime visitors and avoid being sidelined by better-equipped destinations. Chief Minister Chow Kon Yeow recently announced that the state government has approved a section of the sea off ... Read More
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Trensor sets foot in Southeast Asia with Penang manufacturing facility

Global automotive technology company Trensor Co. Ltd has chosen Penang as its strategic base for Southeast Asia, marking a significant step forward with the groundbreaking of its first regional manufacturing facility at Penang Technology Park@Bertam. The RM100 million investment will see the development of a four-storey, 10,000-square-metre plant dedicated to ... Read More