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Property News

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Younger Malaysians push for ban on racial discrimination in rental housing

A recent survey by a market research firm has revealed deep generational and ethnic divides on the issue of racial discrimination in Malaysia’s rental housing market. The findings suggest that while many Malaysians support regulation, views differ sharply on whether landlords should be allowed to select tenants based on race ... Read More
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SITE PROGRESS: G’Vinton (July 2025)

About G'Vinton A serviced residence development by GSD Land in George Town. The project spans approximately 1 acre and is strategically positioned between Ambank and the NSTP building, offering convenient access to KOMTAR and Gurney Drive. The development will include 336 serviced suites, a nine-level car parking podium, and four shop ... Read More
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Penang LRT project officially underway after years of delay

The long-awaited Penang Light Rail Transit (LRT) project has officially commenced following the issuance of a Notice to Proceed (NTP) by MRT Corp to Gamuda Bhd. According to a report by Free Malaysia Today, the notice was issued yesterday, allowing SRS Consortium—led by Gamuda with a 60% stake—to begin full-scale ... Read More
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Culture meets innovation at Penang2030 Festival X Seberang Perai Heritage Day 2025

Thousands gathered at the scenic Kampung Agong in Penaga for the Penang2030 Festival X Seberang Perai Heritage Day 2025, a lively celebration that brought together the old and the new in a day filled with cultural charm and modern engagement. Held on Saturday from 2pm to 8pm, the event featured ... Read More
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Legacy in the Making: PDCP’s Vision for a Modern, Heritage-Rich Penang

As Penang continues its transformation into a vibrant urban hub with global appeal, PDC Properties Sdn. Bhd. (PDCP) leads the way with thoughtful, community-driven developments. A wholly owned subsidiary of the Penang Development Corporation (PDC), PDCP is dedicated to delivering quality, innovative, and sustainable living spaces at attainable prices. From ... Read More
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Ideal Property Group wins global recognition at FIABCI World Prix D’Excellence Awards 2025

Northern Malaysia’s leading property developer, Ideal Property Group, has secured the prestigious gold award at the FIABCI World Prix D’Excellence Awards 2025 for its innovative Greek-inspired affordable housing development- I-Santorini, establishing the company as an internationally recognized leader in quality housing development. Prestigious International Recognition The FIABCI World Prix D’Excellence ... Read More
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Columbia Asia opens its 13th hospital in Malaysia, bringing quality care to Batu Kawan

Healthcare accessibility in the rapidly evolving township of Batu Kawan takes a significant leap forward with the commencement of operations at Columbia Asia Hospital-Batu Kawan. This marks Columbia Asia’s 13th hospital in Malaysia, further strengthening its presence as a leading private healthcare provider in the country. Columbia Asia Hospital Batu ... Read More
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Bank Negara cuts OPR to 2.75% in pre-emptive move to safeguard growth

Bank Negara Malaysia (BNM) has reduced the Overnight Policy Rate (OPR) by 25 basis points to 2.75%, marking its first rate cut in over a year. The central bank said the move is a proactive measure to support the country’s economic growth amid external uncertainties and moderate inflation. Following the ... Read More
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SkyWorld acquires Batu Kawan land for affordable housing project

SkyWorld Development Bhd is set to expand its footprint in Penang with the acquisition of a 25.9-acre land parcel in Batu Kawan for RM48.51 million. The land, known as Parcel 1, is part of a 161.5-acre site in Bandar Cassia, Seberang Perai Selatan, earmarked for the development of Rumah Bakat ... Read More
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SITE PROGRESS: Lucerne Residences (July 2025)

About Lucerne Residences The final phase of residential development by Ideal Property Group at Ideal Vision Park in Bayan Lepas. It is just a short drive to Penang International Airport, 10 minutes walking distance to Straits International School. The project will see two blocks of 36-storey skyscrapers featuring a European living concept. It offers 480 ... Read More