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Property News

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SITE PROGRESS: Eden at Botanica CT (Aug 2025)

About Eden at Botanica CT Eden at Botanica CT is Penang’s First Integrated Senior Living Resort, situated near the town centre of Balik Pulau, which is at the Southwest of Penang Island and located 17 km away from the Penang International Airport. Nestled within the 300-acre Botanica.CT garden township which already ... Read More
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Bukit Mertajam market redevelopment enters new phase

The long-awaited redevelopment of the Bukit Mertajam town market has moved forward with piling work for a multi-storey car park along Jalan Pegawai scheduled to begin today. Seberang Perai City Council (MBSP) councillor Bernard Cheen Goon Hooi said the car park, located next to the existing market, will serve as ... Read More
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SITE PROGRESS: Ari Altitude (Aug 2025)

About Ari Altitude An affordable condominium project by PTL Alpha Sdn. Bhd., a subsidiary of PTL Properties Sdn. Bhd., located in the well-established township of Alma, Bukit Mertajam. Situated along Jalan Santuari 3, less than 5 minutes drive from Lotus’s and AEON Mall via Jalan Rozhan and approximately 15 minutes ... Read More
Andaman Island (Masterplan)

E&O targets stronger growth with RM2.2b launches and bid for RM10b PIFC

Eastern & Oriental Bhd (E&O) is ramping up its development momentum with RM2.2 billion worth of property launches scheduled for the remainder of 2025, while also pitching its flagship Andaman Island in Penang as the potential site for the proposed RM10 billion Penang International Financial Centre (PIFC). Managing director Kok ... Read More
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My Ideal Homes Photo Contest announces 24 winners, with prizes totalling RM20,000

Ideal Property Group announced the grand prize winner of its signature annual photo contest, My Ideal Homes Photo Contest 8.0, at a prize-giving ceremony held at 1st Avenue Penang last Saturday. Two Grand Prize winners were named under the categories Architecture Charm and Drone Shot. Lee Siau Hui and Liew ... Read More
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Government pledges win-win formula for urban renewal initiatives

Housing and Local Government Minister Nga Kor Ming has assured that property owners involved in housing renewal projects under the proposed Urban Renewal Act (URA) will receive compensation exceeding market value. Citing past redevelopment successes, Nga pointed to the Razak Mansion Flats in Bandar Tun Razak and Kampung Kerinchi in ... Read More
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Compulsory licensing coming soon for short-term rentals in Malaysia

Malaysia’s short-term rental accommodation (STRA) sector – encompassing platforms like Airbnb and similar homestay-style offerings – is on the verge of a major regulatory shift. The government has confirmed that STRA operators will soon be required to obtain a business licence from local councils before registering as official tourist accommodation ... Read More
Site Progress | August 2025

SITE PROGRESS: Jesselton Courtyard (Aug 2025)

About Jesselton Courtyard A luxury residential project by Berjaya Land in the Penang Turf Club area. It features 32 units of Four-Storey Zero-Lot Bungalows (6,649 – 9,054 sq.ft.) with an indicative priced from RM6.48mil, and 207 units of 1½ - 2 Storey Condominiums (2,734–5,167 sq.ft.) with an indicative priced from ... Read More
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SITE PROGRESS: Nexus Industrial Hub (Aug 2025)

About Nexus Industrial Hub Nexus Industrial Hub is a freehold light industrial development situated in Jawi, Nibong Tebal, close to Sungai Bakap and Batu Kawan. It consists of 40 two-storey semi-detached units designed for a range of uses, including warehousing, logistics, manufacturing, and office-industrial setups. Key design elements include high ... Read More
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Silicon Island reclamation reaches 200-acre milestone

Reclamation works for Penang’s Silicon Island project have surpassed the 200-acre mark, marking steady advancement in the state’s largest land reclamation initiative. The development spans 2,300 acres in total, divided into two phases — 1,260 acres in Phase One and 1,040 acres in Phase Two. To commemorate the milestone, Penang ... Read More