Property News

SITE PROGRESS: The Meg @ Andaman (June 2025)
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

New road access and temporary closures for The Light Interchange
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

Vertical school in Penang’s Madani housing project to provide safer and cost-saving education
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

Penang’s LRT Mutiara Line project set to begin soon
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

SST expansion unlikely to affect residential housing sector significantly
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

SITE PROGRESS: Central Residence (Jun 2025)
About Central Residence A residential project in Jelutong, located on 1.2 acres of land along Lorong Madrasah, directly opposite Jelutong Palace apartment. Just 5 minutes from the Penang Bridge and a short drive from the Jalan Ahmad Nor/Tun Dr. Lim Chong Eu interchange, this 35-storey condominium offers 298 residential units ... Read More

Penang housing discount policy set for review to promote inclusivity
Penang Chief Minister Chow Kon Yeow has instructed state Housing Committee chairman Datuk Seri S. Sundarajoo to review the housing discount policy announced for Indian Muslims, with the intention of expanding the initiative to benefit all homebuyers. The directive follows public feedback regarding the recent announcement of a five per ... Read More

Tranquil Living at Begonia @ Botanica.CT, Balik Pulau
A Blossoming New Chapter in Penang’s Premier Garden Township Nestled within the serene, master-planned Botanica. CT township in Balik Pulau, Penang, Begonia is the latest residential gem designed for families who value nature, space, and community. Introducing Begonia: 2-Storey Semi Detached Home in Penang Begonia @ Botanica.CT offers 60 units ... Read More

Silicon Island bridge construction begins, completion targeted for 2028
Penang is poised to make another leap in infrastructure development with the construction of a new permanent bridge linking the island’s southern coast to the ambitious Silicon Island project. Construction of the four-lane marine viaduct is scheduled to begin this month, with completion expected by December 2028. Announced by Penang ... Read More

Penang launches MADANIHome Ownership Campaign (MOC) to boost housing market
The Penang state government has launched the MADANIHome Ownership Campaign (MOC) 1.0, a strategic initiative aimed at revitalising the local property sector and promoting homeownership among Penangites. Spearheaded by the Penang State Housing Board, the year-long campaign—from 1 June 2025 to 31 May 2026—introduces a range of incentives to stimulate ... Read More
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RECENT COMMENTS
- By 2040, there will still be tons of study to investigate the impact and expect...LL on Penang’s LRT Mutiara Line project set to begin soon
- Aiya, very easy, by next GE if I still see "nothing" I as well vote...Islander on Penang’s LRT Mutiara Line project set to begin soon
- Will this LRT finally solve Penang's notorious traffic woes, or is more needed? #PenangDevelopment ...Informatika on Penang’s LRT Mutiara Line project set to begin soon
- @Hee Chan can't wait for it ...LL on Ivory Properties gets green lights to buy land opposite Queensbay Mall
- @Ryu fully agree ...LL on The Lume @ Andaman Island
- @MD Yusof How about constructing The Pier 2 in here? It's going to be amazing...Hee Chan on Ivory Properties gets green lights to buy land opposite Queensbay Mall
- PPbee123 : What’s the take up rate of this condominium? sold out ...Minion on The Lume @ Andaman Island
- @LL itu memang lima bintang ...Minion on Merione Grand
- @Millionaire I doubt a millionaire will stay in an apartment at Perak lane, definitely is...millionaire on Twin Star
- What's the take up rate of this condominium? ...PPbee123 on The Lume @ Andaman Island
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OTHER DEVELOPMENTS
- Affordable Housing (Penang Island)
- Butterworth Arena
- Columbia Asia Medical Centre
- Eco-Tourism Hub @ Batu Kawan
- Escape Penang – Eco Theme Park
- GBS @ The Waterfront
- GBS by The Sea
- Gurney Wharf
- IKEA Batu Kawan
- Island Medical CIty
- Kobay Jelutong
- Lin Xiang Xiong Art Gallery
- Linear Waterfront
- Mitsui Outlet Park @ PIA
- One Auto Hub @ Batu Kawan
- Penang Arts District
- Penang Eastern Seafront Development
- Penang Medical & Digital Technology Hub
- Penang Premium Outlets (Design Village)
- Penang Sentral
- Penang South Islands
- Penang Transport Master Plan
- Penang Waterfront Convention Centre
- Penang World City
- PIA Expansion
- Silicon Island
- Teluk Bahang Wellness Resort
- The Ship Campus (ALC College)
- The Top @ Komtar
- Wellness City of Dreams