Property News

Artist impression of the Bayan Lepas LRT

Penang LRT a sector catalyst

It is the belief among certain circles in the local construction industry that it still needs a number of mega-projects – aside from the Mass Rapid Transit 3 – to give it a more meaningful post-lockdown era jumpstart. As such, industry observers have welcomed the news that the federal government ... Read More

Iconic Property Roadshow @ Queensbay Mall (10-14 May)

Iconic's long awaited property roadshow is finally here! Come and join Iconic this Mother's Day for more good deals and exciting kids activities! Upcoming project Iconic Affordable Homes and Commercial Units @ Jalan Rozhan, Alma Penang is now OPEN FOR REGISTRATION! Drop by to Iconic's booth and register your interest! Set your reminder and ... Read More

PM: Funds will be allocated to expedite Penang LRT project

The Federal Government will allocate funds for Penang to expedite its Light Rail Transit (LRT) project, says Datuk Seri Anwar Ibrahim. In a 33-second video posted by Penang DAP on Facebook, the Prime Minister was seen making the announcement during a speech on stage. "The federal government will add funds ... Read More

Silicon Island – The Island A of PSI

It is one of the three islands under the PSI project which will be located at the south end of Penang island, measuring a total of 4,500 acres in land size. Island A will be 2,300 acres in size, Island B 1,400 acres and Island C 800 acres. The PSI ... Read More

duduk by EcoWorld – The New Buzz is finally in Penang! Ready to be WOWed!

Move aside EVs and AI chatbots, duduk by EcoWorld is now the latest buzz in town as it offers a new vertical living experience. duduk, is a high-rise development that fulfills your DREAMABLE lifestyle with NECESSITIES such as a stunning environment, comprehensive facilities and amenities, all at an ATTAINABLE price ... Read More

Chin Hin and Ivory Properties to develop Crown Penang

Chin Hin Group Property Berhad, through its subsidiary, Stellar Platinum Sdn Bhd, has today, entered into a Joint Development Agreement (JDA) with Ivory Meadows Sdn Bhd, a wholly-owned subsidiary of Penang-based property developer Ivory Properties Group Berhad, to jointly develop the iconic Crown Penang, marking its maiden foray into Penang ... Read More

BNM raises OPR to 3% in surprise move

Bank Negara Malaysia (BNM) unexpectedly raised its benchmark interest rate on Wednesday, citing a need to normalise monetary accommodation as the economy was resilient and it needed to manage persistent inflation. The overnight policy rate was raised by 25 basis points to 3 percent. A Reuters poll of 25 economists ... Read More

Sky Residence Prai by The Ascott renamed to Citadines Prai Penang

CapitaLand Investment Limited's (CLI)-owned lodging business unit, The Ascott Limited (Ascott), has officially revamps Sky Residence Prai owned by EXO Management into Citadines Prai Penang, bringing you to the city, and the city to you, as you Connect, Recharge and Go. Citadines Prai Penang marks the third operational property and ... Read More

10th PropertyGuru Asia Awards Malaysia in partnership with iProperty marks a decade of excellence amid economic expansion

THE SEARCH FOR MALAYSIAN REAL ESTATE ACHIEVERS BEGINS ANEW Malaysia’s leading property portals have jointly launched the 10th Annual PropertyGuru Asia Awards Malaysia in partnership with iProperty—inviting the country’s finest property developers to receive and vie for sought-after hallmarks of excellence in real estate. Bringing two of the nation’s most respected ... Read More

Penang to gazette illegal reclamation land as green lung

The Penang government plans to gazette as a “green lung” a piece of illegally reclaimed land in the seaside town of Tanjung Bungah, state executive councillor Zairil Khir Johari said yesterday. “The illegally reclaimed land does not belong to any private party. It’s state land and the government plans to ... Read More