News & Articles

10th PropertyGuru Asia Awards in partnership with iProperty mark a decade of celebrating real estate achievements
PropertyGuru Group, Southeast Asia’s leading property technology company, today announced the winners of the 10th PropertyGuru Asia Awards Malaysia in partnership with iProperty.com.my at The Majestic Hotel Kuala Lumpur, the official venue. Excellent companies and property developments, as well as exemplary individuals in the real estate industry, comprised this year’s ... Read More

Repurposing abandoned hawker complex, leasing heritage shophouse
The Penang Island City Council (MBPP) is open to considering proposals for the alternative use of an abandoned two-storey hawker complex in Lengkok Erskine, apart from its original purpose as a food court. Nicholas Theng Jie Wey, the MBPP alternate chairman of the Finance Committee, revealed that despite three previous calls ... Read More

E&O: Short-term rental ban in Penang has led to increase in property value and rental yield
The ban on short-term rental in Penang has resulted in an increase in property values and rental yields, according to Eastern & Oriental Bhd (E&O). E&O executive chairman Datuk Tee Eng Ho said the group's property development in Penang was never intended to be marketed as an investment play. "Whichever ... Read More

Penang’s undersea tunnel project awaits port masterplan
The fate of Penang’s undersea tunnel project hinges on the comprehensive masterplan for the North Butterworth Container Terminal (NBCT), set to be finalised by the Penang Port Commission (PPC) by the year’s end. Zairil Khir Johari, chairman of the state Infrastructure, Transportation, and Digital Economy Committee, emphasised that the preservation of ... Read More

Penang LRT project is on track
The Penang light rail transit (LRT) project is on track to become a reality, the state legislative assembly heard on Tuesday. State Infrastructure Committee chairman Zairil Khir Johari said the project manager, Mass Rapid Transit Corporation Sdn Bhd (MRT Corp), has already called for a tender to appoint a consultant ... Read More

Housing prices in Penang aligned with economic trends
The rise in housing prices in Penang correlates with the growth in household income, Datuk Seri Sundarajoo Somu (PH-Perai) said. Replying to an oral question posed by Muhammad Fauzi Yusoff (PN-Sungai Dua) during the State Legislative Assembly yesterday, Sundarajoo, a first-term assemblyman, substantiated his claim with the data reported in the ... Read More

Seberang Jaya’s new market is set to open in August 2024
The long wait for a more conducive shopping ambience for market-goers in Seberang Jaya, Penang, will be finally over when the new Seberang Jaya Market and Hawker Centre opens to the public in August next year. Construction of the RM19.5mil building on a 5.05ha land in Jalan Tenggiri began in 2019 ... Read More

Penang’s first integrated senior living resort scheduled for 2026
Penang is set to have the first integrated senior living resort that will be built in Balik Pulau. It is scheduled to be fully completed in 2026. The 32-acre project, known as Eden at Botanica CT (EABC), will feature a nursing care residence and a low-density active living resort comprising ... Read More

SITE PROGRESS: Maldives Residences (Nov 2023)
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

Enovix to open its silicon battery plant in Penang with a RM5.8 billion investment
Enovix Corporation, an advanced silicon battery company, will establish its first high-volume manufacturing facility in Penang, marking a significant milestone in the company's global expansion strategy. The company's investment plan was disclosed by Prime Minister Datuk Seri Anwar Ibrahim following a one-on-one meeting held on the sidelines of the Asia-Pacific ... Read More
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- @Peter yes.. need to request to turn off.. see liao eyes pain ...ck on Mezzo @ The Light City
- @millionaire Condo more expensive than landed in island? bro you should compare same location to...Islander on 80% of Gen Z Malaysians opt for high-rise living
- Affordability is the first issue, if can afford andaman landed why want to buy packed...Minion on 80% of Gen Z Malaysians opt for high-rise living
- millionaire : @Roy @ Grey Property We don’t need landed as young generation just...Minion on 80% of Gen Z Malaysians opt for high-rise living
- @Update No problem. AG is best developer to take up this project. Maybe AG mall?...millionaire on Ivory Properties gets green lights to buy land opposite Queensbay Mall
- @MajorArches Then who will develop this land? Bank will lelong it? ...Update on Ivory Properties gets green lights to buy land opposite Queensbay Mall
- Huh, Ivory Properties gone case already, awaiting declare bankruptcy. Owners like The Peak, City Residence,...MajorArches on Ivory Properties gets green lights to buy land opposite Queensbay Mall
- Any update for this project? Complete silent now. ...Update on Ivory Properties gets green lights to buy land opposite Queensbay Mall
- @LOL They should at least do a same design like Quaywest residence. Now the fence...millionaire on Mezzo @ The Light City
- @Roy @ Grey Property We don't need landed as young generation just having a small...millionaire on 80% of Gen Z Malaysians opt for high-rise living
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