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Property News

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Early completion of Ideal Residency: PR1MA delivers keys to 20 proud homeowners

PR1MA, the affordable housing agency under the Ministry of Housing and Local Government (KPKT), has successfully completed Ideal Residency (Residensi Bukit Gelugor) ahead of its original timeline. Initially projected for completion in August 2025, the project, consisting of 1,218 units, is now fully completed, marking a significant milestone as PR1MA's ... Read More
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SITE PROGRESS: Sanctuary Suria (Oct 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, Lutos's Hypermarket, eateries, schools and banks. This development features 20 ... Read More
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Penang eyes federal funding for key projects in Budget 2025

Penang is optimistic that two major infrastructure projects—the Juru-Sungai Dua elevated highway and Penang Silicon Design @5km+—will be included in the upcoming Budget 2025. Chief Minister Chow Kon Yeow emphasized that these initiatives are vital to the state's development and are under serious consideration by the Federal Government. Following discussions ... Read More
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Penang introduces eMOSPlan monitoring system

The Penang government, through PLANMalaysia@Penang (Penang Town and Country Planning Department), has launched a new monitoring system application called the Electronic Monitoring Structure Plan (eMOSPlan). Chief Minister Chow Kon Yeow announced that the app, developed by PLANMalaysia@Penang, is designed to closely monitor the implementation of the Penang Structure Plan 2030 (RSNPP2030) ... Read More
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SITE PROGRESS: Mezzo @ The Light City (Oct 2024)

About Mezzo @ The Light City The first residential project at The Light City – a large-scale 32.76 acre integrated mixed-use waterfront development by  IJM Perennial Development in Gelugor, Penang. Strategically located next to The Light Collection, just a mere minutes drive from Penang Bridge and George Town. It comprises two 34-storey ... Read More
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Bayan Baru welcomes new ‘Harmony Street’ to promote unity and religious harmony

Penang’s latest initiative to promote unity and religious harmony is the newly launched ‘Harmony Street’ in Bayan Baru. Joining a number of similar streets in the state, this vibrant project reinforces Penang’s multicultural reputation and its long-standing commitment to fostering peaceful coexistence. Chief Minister Chow Kon Yeow officiated the launch, ... Read More
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Partial lane closure on Tun Dr. LCE Expressway for The Light Interchange works

IJM Land Berhad, the developer behind THE LIGHT project, has announced a partial lane closure on the George Town-bound route of Tun Dr. Lim Chong Eu Expressway. The closure is scheduled for two periods: 1 – 2 October and 15 – 16 October 2024, from 10:00 PM to 5:00 AM ... Read More
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Equalbase breaks ground on RM220mil Valdor II warehouse in Penang

Equalbase Development Pte Ltd, a Singapore-based developer specializing in industrial assets, marked the groundbreaking ceremony for Valdor II, a RM220 million multi-storey warehouse project in Penang, on Thursday. The warehouse, with a gross floor area of 620,000 sq ft, is expected to be completed in 2025. Logistics company DSV has ... Read More
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Penang City Hall to undergo RM20 million restoration

The iconic City Hall on Jalan Padang Kota Lama is set to undergo significant repair works as part of the Penang Island City Council (MBPP) ongoing conservation initiative to preserve the heritage structure. MBPP mayor Datuk A. Rajendran announced that the repair works, estimated to cost RM20 million, are scheduled to ... Read More
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SITE PROGRESS: Orange Melur (Sep 2024)

About Orange Melur This is a small landed residential development by Tah Wah in Bagan Ajam, Butterworth, located near Taman Melur and just minutes from Econsave and Tesco Bagan Ajam. With convenient access via Jalan Raja Uda and only 2km from the Butterworth Outer Ring Road, the project features 16 ... Read More