Property News

Seberang Prai unveils grant programme for inclusive urban development
The city is charting a course towards a greener and more inclusive future with the introduction of the Seberang Prai Town Grant Programme, Penang Global Tourism said in a Facebook post on Feb 15. Supported by the Finance Ministry and orchestrated by Think City, the programme aims to infuse the ... Read More

SITE PROGRESS: Maldives Residences (Feb 2024)
About Maldives Residences A residential development by Ideal Property Group at Bayan Lepas. Strategically located along Jalan Sungai Tiram 6, just across the road from Havana Beach Residences. It is conveniently connected to Jalan Tun Dr Awang, less than 2km away from Penang International Airport. This development comprises 46-storey building with ... Read More

Batu Kawan Industrial Park 3: A catalyst for regional economic growth
The development of Batu Kawan Industrial Park 3 (BKIP 3) in Bukit Tambun is poised to yield positive economic benefits not only to Penang but also to the northern region. Chief Minister Chow Kon Yeow said this at the groundbreaking ceremony of the BKIP 3 in Bukit Tambun yesterday. Prime Minister ... Read More

Pre-qualification tender opened for BKIP2 (Phase 1) development
Penang Development Corporation (PDC) is calling for a request for proposal (RFP) to invite industry players to participate in the development of the Batu Kawan Industrial Park 2 (BKIP2) (Phase One). Chief Minister Chow Kon Yeow said that the 559.64-acre parcel of land would undergo development through a ‘strategic partnership’ ... Read More

Penang Sentral the key hub in LRT project
Chief Minister Chow Kon Yeow announced yesterday that Penang Sentral is set to be part of the proposed Penang Light Rail Transit (LRT) project, making it one of the major alignments under the estimated RM10 billion project. Penang Sentral is the main transportation hub for the state of Penang, as well as ... Read More

Ideal Property Group plans RM1.12bil projects
Ideal Capital Bhd will develop about RM1.12bil worth of residential properties in Bayan Lepas, Penang, this year. According to group executive chairman Tan Sri Ooi Kee Liang, these properties comprised projects that were launched in 2022 and 2023. The projects, Lucerne Residences with a gross development value (GDV) of RM340mil ... Read More

SJK (C) Aik Hua ready for March opening
The newly constructed four-storey SJK (C) Aik Hua in Lilitan Sungai Ara is set to welcome its first batch of pupils beginning March this year. Having undergone construction before the Covid-19 pandemic, the primary school in Muntri Street, which has been inclusive of special needs pupils, is ready for relocation to ... Read More

Iconic Property Roadshow @ Queensbay Mall (14-18 Feb)
Celebrate Chinese New Year with Iconic Group at Queensbay Mall from February 14th to 18th! Don't miss this chance to secure your dream home and investment for the future. Upcoming project Iconic Harmony Affordable Homes and Commercial Units are now OPEN FOR REGISTRATION! Drop by Iconic's booth and register your interest! ... Read More

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
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- Affordable Housing (Penang Island)
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- Kobay Jelutong
- Lin Xiang Xiong Art Gallery
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