fbpx

Property News

eq

Penang’s iconic Hotel Equatorial to reopen with new look in 2027

After four years of silence, the iconic Hotel Equatorial Penang is officially making its return, with reopening scheduled for the second quarter of 2027. The hotel, which ceased operations in February 2021 during the height of the COVID-19 pandemic, confirmed its comeback through an official announcement on its website. According ... Read More
mak-mandin-indah-key-handover

187 families receive keys to their first home at Mak Mandin Indah

A total of 187 recipients received their keys and ownership offer letters for Rumah MutiaraKu (RMKu) Type A units at the Mak Mandin Indah project in Penang, marking another milestone in the state government's affordable housing agenda. Each unit spans 650 sq ft with three bedrooms and is priced at ... Read More
the-pier-site-progress-may-2026

SITE PROGRESS: The Pier (May 2026)

About The Pier A mixed-development project by Asia Green Group in Bayan Mutiara, Penang, strategically located along Tun Dr. Lim Chong Eu Expressway near the Penang Bridge’s Bayan Lepas exit. Adjacent to The Zen development (formerly Zen 9), it comprises two residential towers—Tower A with 496 units and Tower B with ... Read More
magni-tech-land-acquisition

Tanjong Bungah beachfront land snapped up by Magni-Tech for RM133 million

Magni-Tech Industries Bhd, best known for its garment manufacturing and packaging products, is making a bold pivot into property development with the acquisition of a prime 4.7-acre beachfront parcel in Tanjong Bungah, Penang, for RM133.33 million cash. The 4.7-acre freehold site priced at approximately RM649 per square foot, sits adjacent ... Read More
air-item-tun-dr-lim-chong-eu-by-pass-progress-4

Paya Terubong rep flags slow progress at Air Itam bypass construction

Paya Terubong State Assemblyman Wong Hon Wai has flagged a disparity in construction progress along the new Air Itam–Tun Dr. Lim Chong Eu bypass, following a recent site visit to the elevated highway linking Farlim to Lebuh Tun Lim Chong Eu. Wong, who has been monitoring the project closely, noted that ... Read More
a-park-site-progress-may-2026

SITE PROGRESS: A-Park (May 2026)

About A-Park A-Park is a guarded light industrial park by Ancubic Industries Sdn. Bhd., strategically located along Jalan Perindustrian Valdor near Valdor Industrial Park and just five minutes from Batu Kawan Industrial Park. Surrounded by established SME factories, the development comprises 50 units of semi-detached and detached factories to be ... Read More
ev-charging-at-condo

The EV transition is redefining urban living in Penang

Penang is quietly cementing its reputation as one of Malaysia's most EV-forward states, and for property buyers and developers, that shift carries real implications. According to data from the Malaysia Zero Emission Vehicle Association (MyZEVA), Penang has already surpassed its national EV charging deployment target, achieving 105% of its 600-charger ... Read More
PGAAM Trophy

The 13th PropertyGuru Asia Awards Malaysia with iProperty enters final call with new lead legal advisor

The PropertyGuru Asia Awards Malaysia with iProperty is making its final call for submissions ahead of the 29 May 2026 deadline, with an expanded lineup of categories that mirrors a market evolving well beyond its traditional strengths. This year, the 13th PropertyGuru Asia Awards Malaysia with iProperty is proud to ... Read More
multi-storey-carpark-gurney-bay

Gurney Drive area set for major traffic and parking overhaul

Persiaran Gurney, one of Penang's most iconic coastal stretches, is undergoing a series of significant changes aimed at improving traffic flow, parking management, and pedestrian experience. Among the most visible changes is the closure of the iconic roundabout near the Anjung Gurney open-air hawker centre, which has been boarded up ... Read More
eco-horizon-development

Syed Mokhtar emerges as major shareholder in EcoWorld

Tan Sri Syed Mokhtar Albukhary has acquired a substantial stake in Eco World Development Group Bhd and its sister company, expanding the tycoon’s portfolio of developers. The shares in EcoWorld, equivalent to 30.1%, were sold by former deputy chairman Datuk Leong Kok Wah through a private vehicle, according to an ... Read More