Property News


Five-star Penang Marriott Hotel opens

Penang Marriott Hotel, a five-star Marriott brand hotel in the state, officially opens yesterday. Situated along the prime seafront location of Gurney Drive, the hotel promises breathtaking sea and city views, complemented by its central location in George Town, a Unesco World Heritage Site. Marriott International area vice-president (Indonesia and Malaysia) ... Read More

Air Itam-Tun Dr LCE Expressway bypass reaches 42% completion

The current 40-minute drive from Bandar Baru Air Itam to the Tun Dr Lim Chong Eu Expressway will soon be significantly reduced to less than 10 minutes with the completion of the Bandar Baru Air Itam-Tun Dr Lim Chong Eu Expressway bypass (Package Two). This milestone project is tentatively scheduled ... Read More
Klippa-decathlon and soccer-experience

Klippa Shopping Centre expands its horizon with Decathlon and Soccer Experience @ Klippa Batu Kawan

Klippa Shopping Centre is proud to announce its latest endeavors, marking a significant expansion in its offerings. The commencement of the construction for Decathlon's northern standalone Flagship and the introduction of Soccer Experience @ Klippa Batu Kawan, Powered by IKEA, signify notable milestones for Ikano Centres' meeting destination in North ... Read More

Works on Penang Hill cable car to start in April after approvals obtained

The Penang Hill cable car project will start in April this year, said Penang Hill Corporation (PHC) general manager Datuk Cheok Lay Leng. He said the groundbreaking ceremony for the project will be held in April. “We have obtained the necessary approvals, including the EIA and planning permission,” he told ... Read More

Phase 1 of the Gurney Bay opens to public today

The physical works for Phase One, also known as Priority 1, of the Gurney Bay project, have been completed and are now open to the public as of today. The Gurney Bay project, valued at RM247.8 million, is divided into two phases: Priority 1 and Priority 2. Priority 1, covering 27.70 ... Read More

Taman Eko Rimba in Bukit Mertajam welcomes visitors after two years of upgrade works

After over two years, Taman Eko Rimba in Bukit Mertajam reopened its gates to the public today. Nestled near Cheruk To'Kun, the park is known for its lush 37-hectare landscape and the peak that stands 545 metres above sea level, offering a haven for recreational activities and nature lovers. According ... Read More

SITE PROGRESS: Begonia @ Botanica.CT (Jan 2024)

About Begonia @ Botanica.CT A freehold strata landed housing development by MTT Properties & Development Sdn. Bhd. at Botanica.CT in Balik Pulau. The project is located on approximately 4 acres of land along Jalan Sungai Air Putih 5, right next to Prince of Wales Island International School. It is just a few ... Read More

Linear Garden at the Esplanade is now open to the public

The Linear Garden at the Esplanade is now open to the public, strengthening the commitment of the state to promoting health, fostering economic development, and creating sustainable urban environments in George Town. The project’s upgrading efforts commenced in May last year (2023) and reached completion in December last year (2023) ... Read More

Application to rent MBPP vacant stalls begins today

Those interested in renting vacant stalls at markets, food courts, and hawker complexes under the Penang Island City Council (MBPP) now have the opportunity to apply through a virtual session on Feb 26. MBPP councillor Tan Soo Siang said the application period will run from Jan 30 until Feb 22. “In ... Read More

Tropicana Corp sells Courtyard by Marriott Penang to IOI for RM165m

Tropicana Corporation Bhd’s subsidiary, Tropicana Macalister Avenue (Penang) Sdn Bhd, has signed a sale and purchase agreement with IOI PFCC Hotel Sdn Bhd to sell Courtyard by Marriott Penang for RM165 million. The transaction will generate a surplus cash of approximately RM80.8 million for Tropicana, contributing to a reduction in ... Read More