The Malaysian property market was active in the first quarter of 2024 (1Q24), recording a 34.3% growth compared to the first quarter a year ago, with more than 104,297 transactions worth RM56.53bil, a 34.3% jump in transaction value. Valuation and Property Services Department director-general Abdul Razak Yusak said in terms ... Read More

A Malaysian tuna fishing and trading company, Alpha Ocean Resources Berhad (AORB), is set to revitalize the Swettenham Pier area in Penang with an ambitious agro-tourism initiative named "Cove by the Pier." This project aims to transform the existing warehouses into a dynamic tuna landing port and multifaceted tourism hub ... Read More

Malaysia’s property market is on the road to recovery, as evidenced by improved volume and value in property transactions last year, says housing and local government minister Nga Kor Ming. In his keynote address for the Real Estate and Housing Developers’ Association Malaysia’s (Rehda) Regional Housing Conference 2024, Nga said ... Read More

The upcoming SJKC Kuang Yu is poised to embrace the Industrial Revolution 4.0 (IR4.0) concept upon the completion of its construction. Bukit Tambun assemblyman Goh Choon Aik, who is also the school’s executive adviser, said the two-storey building would be designed with an IR4.0 concept, as the school operates within ... Read More

Two hundred and seventy housing applicants were overjoyed on Thursday after receiving offer letters granting them ownership of an affordable housing unit at the Foreshore Apartment in George Town. The project, initiated by Tah Wah Group, consists of 321 units, each measuring 700sq ft, located in the heart of the city. State ... Read More

The land earmarked for the hotel and condominium project is not included in the Gurney Bay component projects. Penang Local Government, Town and Country Planning Committee chairman Jason H’ng Mooi Lye clarified that two parcels of government reserve land, spanning 21 acres (opposite Gurney Plaza) and seven acres (near the future ... Read More

Penang is witnessing a significant stride towards its Penang2030 vision. A recent workshop held at the G Hotel showcased remarkable progress, with 280 projects aligned with the strategic initiatives of Penang2030 reaching completion, marking an impressive overall progress rate of 68%. Chief Minister Chow Kon Yeow, addressing the workshop, emphasized ... Read More

The unveiling of the new Penang LRT Mutiara Line alignment marks a significant milestone in Penang's transportation infrastructure. Spanning 28 kilometers with 22 stations featuring overhead tracks, the line will offer direct access to the Penang International Airport and link with the Electric Train Service (ETS) at Butterworth, with KOMTAR ... Read More

The construction of Mutiara Line, Penang's first light rail transit (LRT) project, will be according to schedule despite a minor amendment to the original plan. Mass Rapid Transit (MRT) Corp chief executive officer Datuk Mohd Zarif Hashim said everything would be carried out on time, adding that there is no ... Read More

Penang, already renowned for its industrial prowess, is poised to solidify its position in the global technology arena with the establishment of its own Integrated Circuit (IC) Design and Digital Park. Spanning a vast million square feet of prime office space, including the existing Innoplex building within the Bayan Lepas ... Read More