Property News
RM300 million tuna port planned in Penang to revive industry’s glory days
The Penang government plans to build a new tuna and deep-sea fishing port in the state, which meets international standards, to increase tuna landings. State Agrotechnology, Food Security and Cooperative Development Committee chairman Fahmi Zainol said the government has identified an area in Bagan Ajam for the new tuna port ... Read More
SITE PROGRESS: Maldives Residences (Aug 2025)
About Maldives Residences A residential development by Ideal Property Group at Bayan Lepas. Strategically located along Lorong 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
SkyWorld acquires 26.4 acres of land in Penang for modular housing factory
SkyWorld Development Berhad, has entered into a sale and purchase agreement to acquire four adjoining parcels of freehold lands in Seberang Perai Tengah, Penang for RM82.7 million through its 70% indirect subsidiary, Prefab Master (Penang) Sdn. Bhd. Spanning a combined area of 26.4 acres, the lands will be used to ... Read More
Jalan Sultan Azlan Shah flyover to close temporarily for maintenance on 10 August
The Penang City Council (MBPP) will temporarily close the flyover along Jalan Sultan Azlan Shah this Sunday, 10 August 2025, to carry out essential maintenance and cleaning works. The closure is scheduled from 7:30 AM to 12:30 PM and will affect both lanes of the flyover, covering the stretch between ... Read More
Penang Hill Cable Car secures RM367mil boost to move forward
The Penang Hill Cable Car project is set to move into its implementation phase, following the signing of a RM367 million financing agreement between Hartasuma Ropeways Sdn Bhd and Bank Pembangunan Malaysia Berhad (BPMB). The new cable car system is intended to supplement the century-old funicular railway, not replace it, ... Read More
Jalan Teluk Kumbar road widening project moves closer to approval
The long-awaited upgrade of Jalan Teluk Kumbar from a two-lane to a four-lane carriageway is expected to significantly reduce traffic congestion in Penang’s Southwest District, especially during peak hours. Penang State Executive Councillor for Infrastructure, Transport and Digital, Zairil Khir Johari, stated that the project has received initial approval from ... Read More
Paramount expands Penang presence with launch of Paramount Embun Hills in Bukit Mertajam
Paramount Property today officially launched Paramount Embun Hills at its sales gallery in Icon City, Bukit Mertajam, marking its third property development in Penang. The 69.2-acre freehold, gated-and-guarded township in Bukit Mertajam features residential, recreational and commercial spaces that foster sustainable community development. The launch was officiated by the Chief ... Read More
AmBank extends RM222.8mil financing for Northern TechValley @ BKE
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 launches GBS By The Sea, boosting digital and high-value job growth
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
Government to build one million affordable homes under 13th Malaysia Plan
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
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- @Ryu May be you don't fully understand the affordable housing rules between state government and...millionaire on Merione Residences
- Ryu : @Gemini Your story answer also half cook & half unknown. Google alone...Minion on Merione Residences
- @Rajen Gurney Bay can be a much better project if more greens are put in...Marcellina on Seaside pocket park to enrich Tanjong Bungah’s green landscape
- @Gemini Your story answer also half cook & half unknown. Google alone won't tell everything....Ryu on Merione Residences
- Ryu : @Minion Developer is not purchasing it at premium price. This is an...Gemini on Merione Residences
- @Minion Developer is not purchasing it at premium price. This is an exchanging deal with...Ryu on Merione Residences
- Ryu : @Minion No related to work hard or not. Even through is affordable...Minion on Merione Residences
- @Ryu Developers are all born greedy, not surprising. But when state government not regulating them...SIA-Pilot on Merione Residences
- @BTW I think this is not affordable unit, just a regular condo project. For this...chuah on Sejahtera 113
- 20 over years talk for Penang LRT to start. I believe it will take more...BTW on Butterworth KTM Station set for major upgrade under RM30mil MOT plan
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OTHER DEVELOPMENTS
- Affordable Housing (Penang Island)
- Butterworth Arena
- Columbia Asia Medical Centre
- Eco-Tourism Hub @ Batu Kawan
- Escape Penang – Eco Theme Park
- GBS @ The Waterfront
- GBS by The Sea
- Gurney Wharf
- IKEA Batu Kawan
- Island Medical CIty
- Kobay Jelutong
- Lin Xiang Xiong Art Gallery
- Linear Waterfront
- Mitsui Outlet Park @ PIA
- One Auto Hub @ Batu Kawan
- Penang Arts District
- Penang Eastern Seafront Development
- Penang Medical & Digital Technology Hub
- Penang Premium Outlets (Design Village)
- Penang Sentral
- Penang South Islands
- Penang Transport Master Plan
- Penang Waterfront Convention Centre
- Penang World City
- PIA Expansion
- Silicon Island
- Teluk Bahang Wellness Resort
- The Ship Campus (ALC College)
- The Top @ Komtar
- Wellness City of Dreams
