Land 33 Berhad, formerly known as ACME Holdings Berhad, is acquiring a 4,287 sq m freehold property along Cantonment Road in George Town, for RM32.3 million as part of its plans to expand its property development portfolio. In an announcement to Bursa Malaysia yesterday, the company said its wholly-owned subsidiary, ... Read More

Construction of the Penang LRT Mutiara Line continues to progress, with the latest photographs taken at the end of September 2026 capturing the ongoing works along various sections of the alignment. The images show the latest site conditions at key locations, including station areas and elevated guideway structures, offering a ... Read More

The federal government has approved RM5 million for a design study for the proposed widening of Jalan FT 006 Teluk Kumbar in Penang, according to a report by China Press. Bayan Lepas assemblyman Datuk Azrul said the approximately 3km project will cover the stretch from Sekolah Kebangsaan Sungai Batu to ... Read More

An auction for a six-acre parcel of land near Gurney Drive, Penang, failed to attract any bidders on Wednesday, dealing a setback to efforts to raise funds for the long-delayed Ayer Itam road bypass project. Representatives of the appointed auction agent, One Asia Property Consultants (PG) Sdn Bhd, waited an ... Read More

Penang’s proposed National Technology Financial Centre is unlikely to be fully implemented within the next two years, according to Chief Minister Chow Kon Yeow. He said the initiative would require time for further studies, coordination and the development of an implementation framework, noting that major national initiatives typically take several ... Read More

About Northern TechValley @ BKE Northern TechValley @ BKE is a 176-acre freehold industrial park in Seberang Jaya, developed by Suling Hill Development Sdn Bhd. Located alongside the Butterworth-Kulim Expressway (BKE), the RM1.3 billion development is designed to accommodate manufacturing, logistics and other industrial operations, with access to the North-South ... Read More

Penang stands to benefit from several initiatives announced under Budget 2027, particularly in industrial investment, water security and housing affordability. Key announcements relevant to Penang include: Stamp duty exemptions for first-time homebuyers: Eligible buyers purchasing their first homes priced up to RM500,000 will receive full stamp duty exemptions on loan ... Read More

Construction of Grace Harmony, a 754-unit affordable housing project in Penang, has progressed to the podium level, although financing constraints faced by the developer remain an issue that needs to be resolved for construction to continue smoothly. Penang State Executive Councillor for Housing and Environment Dato’ Seri Sundarajoo said this ... Read More

The 36-storey Holiday Inn & Suites Penang Prai in Juru Sentral, Seberang Perai, is reportedly up for sale less than two years after opening, according to a report by The Edge. Industry observers told The Edge that the freehold hotel has been on the owner’s radar for a potential sale ... Read More

Motorists using the Tun Dr Lim Chong Eu Expressway will face temporary lane closures from 12 October 2026 to 28 February 2027 as construction progresses on a new elevated U-turn. The works are being carried out by IJM Land Berhad, the master developer of The Light Waterfront Penang. The latest ... Read More