Property News
North Coastal Paired Road (NCPR) project to begin soon with new alignment
The long-anticipated North Coastal Paired Road (NCPR) project, a key component of the Penang Transport Master Plan (PTMP), is set to commence following the state government's approval of a revised alignment and commercial terms. The project is expected to begin construction in 2026 and take five years to complete. Penang ... Read More
Juru Hills pilots innovative 5/95 loan scheme to ease homeownership
Homeownership is set to become more accessible with the launch of the Juru Hills affordable housing project (Rumah MutiaraKu). This initiative is backed by an RM18.5 million Tawarruq Financing Facility agreement between Bank Pembangunan Malaysia Berhad (BPMB) and Firma Atasan Sdn Bhd. A key highlight of the project is the ... Read More
A Glimpse into Penang’s Future: SkyWorld’s Healthy Home Concept at EdgeWood Residences
SkyWorld Development Berhad (SkyWorld) is setting a new benchmark in sustainable urban living with its SkyWorld Healthy Home concept, an innovative approach designed to integrate passive design strategies, smart innovations, and eco-conscious features. As SkyWorld prepares to introduce this concept in its upcoming Penang projects, a recent tour of EdgeWood ... Read More
SITE PROGRESS: Ideal Venice Residency (Feb 2025)
About Ideal Venice Residency The second phase of PR1MA affordable housing development by Ideal Property Group at Island Glades. Strategically located near the intersection of Jalan Bukit Gambir and Jalan Lembah, next to Ideal Residency. It’s just a stone’s throw away from University Science Malaysia (USM), about 5 minutes drive to Penang Bridge. This ... Read More
Malaysian property market poised for steady growth in 2025
The Malaysian property market is expected to see moderate growth in 2025, with property prices projected to rise between 2% and 5%, according to the Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector Malaysia (PEPS). This forecast was shared at the 17th Malaysian Property ... Read More
Government on track to deliver 500,000 affordable homes by year-end
The government is confident of achieving its target of delivering 500,000 affordable housing units (RMM) by the end of 2025, according to Housing and Local Government Minister Nga Kor Ming. As of 31 December 2024, 466,421 units—93.3% of the target—have been completed, are under construction, or are in the planning ... Read More
Benchmark Precision Technologies breaks ground on 5th facility in BKIP
Benchmark Precision Technologies marked a significant milestone yesterday with the groundbreaking ceremony of its fifth manufacturing facility in Batu Kawan Industrial Park (BKIP). The new facility, set to be completed by June 2026, will be strategically located next to its fourth facility, further cementing Penang’s reputation as a hub for ... Read More
SITE PROGRESS: Queens Residences 3 (Feb 2025)
About Queens Residences 3 The third phase of the Queens Waterfront development by Ideal Property Group (also known as Q3), situated near Queensbay in Penang. Positioned strategically on reclaimed seafront land directly opposite Queensbay Mall, it’s an expansion of the successful Q1 and Q2. The new phase of development will introduce another ... Read More
Penang attracts global automation giant M.A.i with new production hub
M.A.i GmbH & Co. KG, a renowned German automation solutions provider, has officially opened a new production and sales facility in Penang, marking a significant step in its international growth strategy. This expansion strengthens the company’s presence in Southeast Asia, a region experiencing rapid industrial transformation driven by automation and ... Read More
Eden at Botanica CT set for greater healthcare convenience with Selgate Specialist Hospital
Selgate Specialist Hospital Pulau Pinang marks a significant milestone as the first Selgate Specialist Hospital in the Northern Region. Serving as the flagship hospital for healthcare services in the Northern Region, it boasts 172 beds and offers a comprehensive range of 31 specialties. Selgate Specialist Hospital Pulau Pinang is a ... Read More
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- If really got affordable housing inside the island, then The Meg buyers GG liao. 700...CM Chow on E&O to launch RM700mil waterfront commercial project at Andaman Island
- Pls update me any condo that adjacent to shopping mall at Andaman island ...Yeap thean lye on E&O to launch RM700mil waterfront commercial project at Andaman Island
- LL : From inside source, The Pier quality is top-notch~ I feel sorry for...Minion on GSD Land takes control of Bayan Mutiara reclamation project from Seal Inc
- @AIA I said branded car with good engine. Not kancil with Lamborghini brakepad. You thought...ForeverSeaView on Ideal Venice Residency
- From inside source, The Pier quality is top-notch~ I feel sorry for Lightwater buyers ...LL on GSD Land takes control of Bayan Mutiara reclamation project from Seal Inc
- @ForeverSeaView Many low cost flats are also less than 200 units. ...AIA on Ideal Venice Residency
- Oh man. Im new to this page and have no grudge against AG. But somehow...Ultraman on GSD Land takes control of Bayan Mutiara reclamation project from Seal Inc
- The Pier's has an excellent location, competitive pricing, but quality issues deter buyer from their...KC on GSD Land takes control of Bayan Mutiara reclamation project from Seal Inc
- Asia Green reputation in the market is at low due to 'Quality issues' in their...KC on GSD Land takes control of Bayan Mutiara reclamation project from Seal Inc
- @Hee Chan Take some time for strata title? Queens already issuing strata title whose ccc...millionaire on GSD Land takes control of Bayan Mutiara reclamation project from Seal Inc
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OTHER DEVELOPMENTS
- Affordable Housing (Penang Island)
- Butterworth Arena
- Columbia Asia Medical Centre
- Eco-Tourism Hub @ Batu Kawan
- Escape Penang – Eco Theme Park
- GBS @ The Waterfront
- GBS by The Sea
- Gurney Wharf
- IKEA Batu Kawan
- Island Medical CIty
- Kobay Jelutong
- Lin Xiang Xiong Art Gallery
- Linear Waterfront
- Mitsui Outlet Park @ PIA
- One Auto Hub @ Batu Kawan
- Penang Arts District
- Penang Eastern Seafront Development
- Penang Medical & Digital Technology Hub
- Penang Premium Outlets (Design Village)
- Penang Sentral
- Penang South Islands
- Penang Transport Master Plan
- Penang Waterfront Convention Centre
- Penang World City
- PIA Expansion
- Silicon Island
- Teluk Bahang Wellness Resort
- The Ship Campus (ALC College)
- The Top @ Komtar
- Wellness City of Dreams
