Property News
Property outlook: Up, down or stagnant?
Signs of financial distress in the country are getting more prevalent and clearer as the Covid-19 impact bites deeper into Malaysia's economy, resulting in rising unemployment and shrinking incomes. The Department of Statistics Malaysia's May 2021 data showed that the jobless rate was at 4.5 per cent, involving over 728,000 ... Read More
World-class facilities for Weld Quay seafront
Penang's northeastern seafront along Weld Quay will soon see world-class facilities providing food, sports and education once MPDT Capital Berhad upgrades three old port warehouses and part of Tanjung City Marina. With an investment of RM120mil, the project dubbed ‘MPDT 1880 Heritage Reborn’ on 24,956sq m (268,624.15sq ft) within George Town ... Read More
Cross-district travel is allowed for fully vaccinated individuals
Prime Minister Muhyiddin Yassan has just announced the SOP relaxation for those who have received both doses of their Covid-19 vaccine. Below are the definitions of fully vaccinated individuals: Double-dose vaccines such as Pfizer-BioNTech, AstraZeneca, Sinovac: 14 days after second-dose vaccination Single-dose vaccines such as Johnson & Johnson & CanSino: 28 ... Read More
Desa Bayan apartment to receive RM123,000 for repair works under TPM80PP
The Penang government has spent a total of RM281.7 million for the maintenance works in public and private housing schemes in the state since 2008. State Local Government, Housing, Town and Country Planning Committee chairman Jagdeep Singh Deo said the amount spent was up to July 31 this year. He said ... Read More
MPDT Capital to redevelop Swettenham Pier Cruise Terminal
The Penang Port Commission (PPC) has signed a lease agreement with MPDT Capital Bhd for the company to redevelop the port's three old warehouses and part of Tanjung City Marina with an expected investment of RM120 million. In a statement today, PPC chairman Datuk Tan Teik Cheng said it had invited qualified ... Read More
Taman Areka @ Sungai Pinang 7 is complete with greenery and various leisure facilities
Taman Areka neighbourhood park at Lebuh Sungai Pinang 7 is now upgraded with more car parking facilities. Sungai Pinang State Assemblyman (ADUN), Lim Siew Khim said, the car parking facility can now accommodate about 85 vehicles at a time. "The open space here has been upgraded by the Penang Stadium and Open Space ... Read More
Saving Asia’s Hidden Eden – Tropical Spice Garden
Southeast Asia’s only Tropical Spice Garden (TSG) in Penang, is reaching out to Malaysians to ask for their support to help it stay open for generations to come. The eco-attraction launched its crowdfunding campaign “Join the Family, Save the Garden” to raise the vital funds it needs to remain operational ... Read More
Penang’s first urban regeneration project to begin early next year
The urban regeneration programme at ‘5 Point Blocks’ flats in Lorong Mahsuri 10, Bayan Baru is expected to begin early next year, says state Local Government, Housing, Town and Country Planning Committee chairman Jagdeep Singh Deo. Jagdeep said phase one of the project involves building a total of 345 units of ... Read More
Lam Research opening its largest manufacturing plant at Batu Kawan
Chief Minister Chow Kon Yeow today congratulated Lam Research Corporation on the official opening of its latest and largest manufacturing facility in Batu Kawan, the first wafer fabrication equipment maker to have set up their business with a manufacturing plant in Malaysia. The corporation has invested RM1 billion in its new ... Read More
Underpass in Gelugor to close for maintenance
The Udini underpass in Gelugor, Penang, will be closed during certain hours for six days to undergo maintenance. Penang Island City Council said in a statement that the underpass between Jalan Masjid Negeri and Jalan Tunku Kudin would be off limits to all vehicles from Aug 14 to Aug 19 from ... Read More
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- @Wilson Ooi But I dont think they going to do anything with it. Sadly we...Tom on The Cube
- @Tom They should follow as advertised with glass panel. It's a premium project. ...Wilson Ooi on The Cube
- So sad they decided to use grill instead of glass panel for balcony as advertised....Tom on The Cube
- The approval of allowing businesses to operate on private buildings and residential areas should be...lawrence on MBPP introduces new guidelines for businesses on private land
- Looks good. What will happen to the grassland next to the hotel ? ...Si on SITE PROGRESS: The Westin Residences (Aug 2026)
- May I know is there still have any new unit available? ...Looi Mei Ying on SITE PROGRESS: Mandarin Residence (Aug 2026)
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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
