Property News


Bayan Baru wet market undergoing hypermarket-style upgrade

Penang is set to unveil its first-of-its-kind transformation of a wet market into a hypermarket-style concept. Constructed in the 1990s to serve the community, the Bayan Baru wet market is currently undergoing a significant makeover. Speaking to Buletin Mutiara, Bayan Baru MP Sim Tze Tzin said the market has not undergone ... Read More

Marriott International to debut The Westin brand in Penang Island

Marriott International yesterday announced the signing of a hotel management agreement with Westfield Global Sdn. Bhd., to bring The Westin brand to the popular island of Penang. Located along the iconic, sea-facing promenade of Gurney Drive, The Westin Hotel, Penang is slated to open in 2026. With 217 rooms and suites featuring ... Read More

MBSP welcomes proposed water taxi services in Seberang Perai

The Seberang Perai City Council (MBSP) welcomes the suggestion to expand water taxi services on the mainland. MBSP mayor Datuk Azhar Arshad said it is a good suggestion as it can boost tourism both on the mainland and island. “The water taxi services will also offer a convenient and environmentally ... Read More

SITE PROGRESS: GEM Residences (Apr 2024)

About GEM Residences GEM Residences, a commercial development by Belleview Group at Prai, Penang. It is part of the company's 6 hectares mixed development along Jalan Baru, diagonally opposite Megamall Penang. Next to it will be the upcoming largest mall in the northern region - GEM Mall, the tenant mix include ... Read More
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Ideal Property Group clinches prestigious Fiabci Malaysia Property Award 2023 for Queens Residences Q1

Ideal Property Group proudly announces its recent triumph at the esteemed Fiabci Malaysia Property Award 2023. The company's premier development, Queens Residences Q1 (Q1), located in the picturesque bay in Bayan Lepas, Penang, was honoured as the winner in the Mid Rise Residences category. This accolade reaffirms Ideal Property Group's ... Read More

Penang LRT Mutiara Line project has been officially taken over by the Federal Government, to begin in Q4

The construction of Penang’s first light rail transit (LRT) project will begin by the fourth quarter of this year, says Anthony Loke. The Transport Minister added that the Penang LRT Mutiara Line project has been officially taken over by the Federal Government and is estimated to take six years, with ... Read More

Enforcement operation at Serina Bay Apartment targets delinquent owners

Penang Island City Council's Commissioner Of Building, together with the PDRM, acted as observers during an enforcement operation for the seizure of movable assets at Serina Bay Apartment in Jelutong. The enforcement operation was carried out by Serina Bay Management Corporation in collaboration with the Commissioner Of Building and the ... Read More

SITE PROGRESS: Sanctuary Suria (Mar 2024)

About Sactuary Suria The 6th phase of residential development at Permatang Sanctuary by IJM in Alma, Bukit Mertajam. Located along Lorong Santuari 25 & 27, adjacent to Sanctuary Court. It is only a short drive to an abundance of amenities namely AEON Mall, Tesco Hypermarket, eateries, schools and banks. This development features ... Read More

Ewein buys land to build a workers’ dormitory

Ewein Bhd is stepping up its game in the provision of services connected to worker dormitory lodgings and workforce management a related party deal. The property developer and producer of precision sheet metal fabrication is paying RM25.84 million to acquire a plot of unoccupied industrial land in Butterworth, Penang, to ... Read More

Projects of houses priced below RM300,000 get abandoned most

The Housing and Local Government Ministry has recorded 117 abandoned projects covering 30,840 units of houses as at January 31 with 81 of them comprising housing projects priced RM300,000 and below. Its deputy minister Datuk Aiman Athirah Sabu (pictured) said the 81 projects involve 23,031 unit of houses and 12,565 ... Read More