Property News
Penang’s GDP grows 3% to RM116bil in 2023
Penang recorded a growth of 3.3%, increasing its gross domestic product (GDP) to RM116 billion in 2023 from RM112.3 billion in 2022, said the statistics department. Chief statistician Uzir Mahidin said Penang had demonstrated strong economic performance in 2023, maintaining its position as the 4th highest contributor to the nation’s ... Read More
SITE PROGRESS: Mertajam Heights (Aug 2024)
About Mertajam Heights A residential development in the heart of Bukit Mertajam. Strategically located along Jalan Ciku, immediately opposite Ng Yam Huat food court with an abundance of essential amenities within 2km radius. The development features a 21-storey apartment building that offers a total of 278 residential units and 4 ... Read More
HSBC’s Legacy: A catalyst for Penang’s growth and global connectivity
International banks like HSBC play a crucial role in supporting Penang’s growth, says Chief Minister Chow Kon Yeow. Speaking at the HSBC Malaysia Anniversary Dinner to commemorate its 140th anniversary this year, Chow highlighted the bank’s significant contribution to the state’s development. The event was held at the Penang Marriott ... Read More
Marriott Executive Apartments debuts in Gurney Drive
Marriott Executive Apartments, part of Marriott Bonvoy’s expansive global portfolio, has announced its grand debut in Penang with the opening of Marriott Executive Apartments Penang. Situated in the esteemed Gurney Drive area, this new development shares its location with the Penang Marriott Hotel and Marriott Residences Penang, combining premium long-stay ... Read More
SITE PROGRESS: Ideal Venice Residency (Jul 2024)
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
Plexus breaks ground on new “Plexus Bridgeview” facility in Batu Kawan
Plexus Corp., a global leader in creating products that build a better world, celebrated a significant milestone with the groundbreaking of its sixth facility in Penang. The new state-of-the-art facility, named “Plexus Bridgeview,” is located in the Bandar Cassia Technology Park. Spanning a 20-acre plot and encompassing 560,000 sq. ft ... Read More
Ideal Property Group handover new school buildings at Pusat Pendidikan Al-Itqan
Ideal Property Group announced the completion and handover of new school buildings at Pusat Pendidikan Al-Itqan in Teluk Kumbar. The handover ceremony marked a significant achievement in enhancing the educational infrastructure of the local community. The event saw Dato' Goh Teng Whoo, Chief Operating Officer of Ideal Property Group, officially ... Read More
Visit PDC Sales Gallery at Batu Kawan this Saturday (27 July) for free gifts!
You are cordially invited to Meet & Greet PDC Properties on this Saturday, 27 July to grab an exclusive yet affordable offerings for Batu Kawan project. And that’s not all, bring your family and friends along for a day filled with a variety of fun activities such clown show, light ... Read More
Sunway Property records RM 1.1b bookings Signature Series 2024 Campaign
Sunway Property's Signature Series 2024 campaign has made headlines with a significant RM 1.1 billion in bookings across 14 properties nationwide, marking a third consecutive year of growth. Among the highlights of this success is the introduction of a new residential phase at Sunway Wellesley in Penang, reflecting Sunway’s commitment ... Read More
GBS By The Sea to house 3 prominent design & development centres
Penang is set to strengthen its position as a global hub for Integrated Circuit (IC) Design and Digital Technologies with the upcoming completion of GBS By The Sea. Scheduled for completion on 1st December 2024, this state-of-the-art office building is designed to accommodate three prominent design, research and development (R&D), ... Read More
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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
