Penang Chief Minister Chow Kon Yeow has reassured stakeholders that the state possesses adequate industrial land reserves to support economic expansion for the next 10 to 15 years, despite widespread concerns over land scarcity. Speaking at the launch of the Penang State Industrial Master Plan 2030 at Eastin Hotel in ... Read More

The Federal Court has dismissed an appeal by 49 apartment owners at the One Tanjong condominium seeking to overturn the rezoning of an adjacent parcel of land in Tanjung Bungah, Penang. The court denied them leave to appeal, ruling that none of the 10 legal questions raised met the threshold ... Read More

The Penang state government has expanded its 5% housing discount initiative to all buyers of unsold completed properties, commonly known as overhang units. Previously limited to selected groups, the discount is now available to all purchasers, not just first-time homeowners. Chief Minister Chow Kon Yeow said the decision was unanimously ... Read More

Juru Village in the Seberang Perai Tengah (SPT) district has been awarded third place in the 2024 National New Village Competition, organised by the Ministry of Housing and Local Government (KPKT). The recognition came with a federal grant worth RM500,000, presented to the Village Community Management Council (MPKK) led by ... Read More

Residential properties sold under the Housing Development Act (HDA) will be exempted from the update Sales and Services Tax (SST), following concerns from the construction industry over rising costs. Housing and Local Government Minister Nga Kor Ming said the exemption applies to all residential buildings, including serviced apartments built on ... Read More

About The Meg @ Andaman The first project in Andaman Island, the highly-anticipated prime reclaimed island of Seri Tanjung Pinang Phase 2A by E&O. Features two blocks of 27 and 34-storey serviced apartments with an estimated GDV of RM690 million. It comprises 1,020 residential units with innovative layouts designed to suit ... Read More

IJM Land Berhad has announced traffic updates in conjunction with ongoing works at The Light Interchange, part of The Light Waterfront Penang development. To facilitate the removal of an existing pedestrian bridge, selected George Town-bound lanes along the Tun Dr Lim Chong Eu Expressway will be temporarily closed from June ... Read More

The Rumah Bakat Madani housing project in Penang will feature a vertical school concept, a move Prime Minister Datuk Seri Anwar Ibrahim says will enhance student safety and reduce transportation costs for families. In a Facebook post on June 11, Anwar highlighted the government’s commitment to integrating education within residential ... Read More

The long-awaited Notice to Commence Work for Penang’s Mutiara Line Light Rail Transit (LRT) project has finally been issued by Mass Rapid Transit Corporation Sdn. Bhd. (MRT Corp) in May, paving the way for construction to begin. Transport Minister Anthony Loke Siew Fook confirmed that all outstanding issues between the ... Read More

The upcoming revision and expansion of Malaysia’s Sales and Service Tax (SST), effective July 1, 2025, is expected to have minimal impact on the residential housing sector. According to RHB Investment Bank Bhd, contractors focused on residential projects, such as MGB Bhd and Kerjaya Prospek Group Bhd, will remain largely ... Read More