Property News


Penang PPR tenants may extend leases for additional 3 years

Penang State Housing and Environment Exco, Dato’ Seri S. Sundarajoo, has announced that tenants of the People's Housing Programme (PPR) with household incomes exceeding RM1,500 per month may still apply to reside in the same housing units for an additional three years, subject to consideration by the Penang State Housing ... Read More

Scientex acquires land in Seberang Perai for RM462.50 million

Property developer Scientex Bhd announced on Friday its acquisition of 708.5 acres (286.72 hectares) of land in Southern Seberang Perai, Penang for RM462.50 million. The acquisition is aimed at expanding its land bank for future mixed-property development. The newly acquired land is strategically located, being 17km from Batu Kawan Industrial ... Read More

SPIL breaks ground on RM6bil semiconductor plant in Batu Kawan

Siliconware Precision Industries Co., Ltd. (SPIL), a leading global semiconductor packaging and testing company, celebrated the groundbreaking of its Malaysia P1 plant at Bandar Cassia Technology Park in Pnenag. This state-of-the-art 8-hectare facility, representing a RM6 billion investment, is expected to create nearly 3,000 skilled jobs over the next 15 ... Read More

SITE PROGRESS: Maldives Residences (May 2024)

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

Commuters celebrate upgraded Sungai Nibong Bus Terminal

Commuters in Penang are delighted with the newly upgraded Sungai Nibong Bus Terminal (TSN), which now offers significant improvements aimed at enhancing user experience. Regular commuter Chum Soon Choi, 60, praised the new e-ticket system, saying, "The e-ticket system is more convenient for commuters compared to how we were previously ... Read More

Stop-work order issued for Air Itam-Tun Dr LCE Expressway bypass construction

The contractor for the Air Itam-Tun Dr Lim Chong Eu Expressway bypass (Package Two) has been hit with a stop-work order. The Penang Island City Council (MBPP) issued the order to Consortium Zenith Construction (CZC) Sdn Bhd due to non-compliance with established guidelines, as reported by The Star newspaper. Penang ... Read More

Hunza Triple Launch @ Gurney Paragon Mall (24 May – 3 Jun)

Something Big Is Happening… Get ready for an exciting blast at the Hunza Triple Launch event! Hunza is thrilled to announce the launch of not one, not two, but THREE amazing projects and programs! Join Hunza as they unveil Senze@PICC and Mekarsari Unggul, alongside the incredible Purchase with Purchase (PWP) ... Read More

Phase one of Penang Museum restoration completed

The phase one of restoration works on the iconic Penang State Museum and Art Gallery in Farquhar Street has now been completed. State Tourism and Creative Economy Committee chairman Wong Hon Wai said that phase two, the final phase of the restoration work, is expected to be completed between six ... Read More

George Town Esplanade project wins ‘Project of the Year’ awards

The George Town Esplanade project has won three awards, including the highest accolade - the Project of the Year award - at the 14th Malaysia Landscape Architecture Awards (MLAA14). The project, which encompasses the Esplanade Sea Wall and the Linear Garden, secured the Excellence Award in the Professional Design Category ... Read More

Convent Light Street conversion to international school ‘on track’

Plans to convert one of the nation’s oldest schools, Convent Light Street (CLS) in Penang, into an affordable international school – a first for the country – is on track, Melinda Lim said. The architect behind the move to turn the school into an international one said the process is on ... Read More