AmBank Group, through its Islamic banking arm AmBank Islamic Bhd, has extended RM222.8 million in financing to Suling Hill Development Sdn Bhd for the development of Northern TechValley @ BKE — a 175.6-acre freehold green industrial park in Seberang Perai Tengah, Penang. Suling Hill Development is a 50:50 joint venture ... Read More

Penang has taken another major stride in its journey to become a regional hub for high-value investments and digital innovation with the launch of GBS By The Sea, a RM296 million purpose-built facility under the Penang Development Corporation’s (PDC) Global Business Services (GBS) initiative. Located in the Technoplex zone of ... Read More

The federal government, in collaboration with state authorities and private developers, will build one million affordable housing units between 2026 and 2035. Prime Minister Datuk Seri Anwar Ibrahim made the announcement while tabling the 13th Malaysia Plan (13MP) in the Dewan Rakyat. The large-scale housing initiative aims to improve access ... Read More

Paramount Corp Bhd is set to strengthen its presence in Penang with the acquisition of an 18.97-acre freehold parcel in Bandar Cassia from Penang Development Corporation for RM57.841 million. Located near its existing Utropolis Batu Kawan development, the site is poised for a mixed-use project comprising serviced apartments, semi-detached townhouses, ... Read More

A key handover ceremony was held last Saturday to celebrate the completion and delivery of Phase 1 and 2 homes of the Taman Cassia Cempaka residential development in Bandar Cassia, Batu Kawan. The event, hosted by developer PDC Properties Sdn. Bhd., marked a significant milestone for new homeowners as they ... Read More

The construction of a new Olympic-standard swimming pool in Jalan Betek has reached 43% progress and is on track for completion by April next year. Penang State Exco for Youth, Sports and Health, Daniel Gooi Zi Sen, shared that the high-impact project is funded with RM3.6 million from the Seberang ... Read More

About Savana @ Utropolis This is the fourth phase of Paramount Property’s Utropolis development at Batu Kawan. Located along Jalan Cassia Barat 2, adjacent to Sensasi and Sinaran Residences. It is less than 5 minutes’ walking distance to Design Village outlet mall and UOW MALAYSIA KDU Penang University College, with easy ... Read More

Penang is poised to make a mark in the world of agrotechnology and durian cultivation with the development of Penang Durian Valley @Relau, formerly known as Sedusun Tech Valley. The upcoming center will serve as a hub for durian-related research and development (R&D), education, branding, and agrotourism. The project, spearheaded ... Read More

A new “pay-per-use” system for shared facility maintenance is being studied for future affordable housing developments, said Housing and Local Government Minister Nga Kor Ming. Speaking at the Kuala Lumpur Architecture Week (KLAW) 2025, Nga said the initiative is part of broader housing reforms aimed at improving equity in public ... Read More

Prime Minister Datuk Seri Anwar Ibrahim has announced an allocation of RM5 million to implement several new basic infrastructure projects in the Southwest District of Penang, particularly in Teluk Kumbar. These projects are in addition to those already planned, and are aimed at addressing the pressing needs of local residents ... Read More