Property News

PIA expansion reaches 38% completion, phase one on track
The Penang International Airport (PIA) expansion project is progressing steadily, with Phase One expected to be completed by the end of this year. As of now, construction work has reached nearly 38% completion. State Infrastructure, Transport and Digital Committee chairman Zairil Khir Johari announced that Work Package 1 (WP1) has ... Read More

Stakeholders call for clearer laws to safeguard commercial property buyers
Consumers and industry stakeholders have voiced strong support for the proposed Real Property Development Act (RPDA), urging the government to clearly define mixed developments and extend legal safeguards to protect buyers of commercial properties like Soho, Sofo, and Sovo. Currently, these types of developments fall outside the scope of the ... Read More

Elevating Living: Celebrating wins, conscious living, and investment potential at The Pier by Asia Green Group
Asia Green Group proudly announces the successful culmination of its Buy & Win campaign, a highlight of the recent Chinese New Year celebrations. This exciting milestone coincides with the prestigious Gold rating for Green Building awarded to The Pier—a flagship development that reflects Asia Green’s mission to create meaningful, sustainable ... Read More

Penang identifies site for potential superyacht marina
Penang may soon welcome a new marina capable of hosting large vessels and superyachts, as the state seeks to attract more high-end maritime visitors and avoid being sidelined by better-equipped destinations. Chief Minister Chow Kon Yeow recently announced that the state government has approved a section of the sea off ... Read More

Trensor sets foot in Southeast Asia with Penang manufacturing facility
Global automotive technology company Trensor Co. Ltd has chosen Penang as its strategic base for Southeast Asia, marking a significant step forward with the groundbreaking of its first regional manufacturing facility at Penang Technology Park@Bertam. The RM100 million investment will see the development of a four-storey, 10,000-square-metre plant dedicated to ... Read More

Malaysia’s Q1 GDP grows 4.4% amid strong domestic demand and export challenges
Malaysia’s economy grew 4.4% in the first quarter of 2025, supported by resilient household spending, a firm labour market, and steady export performance, Bank Negara Malaysia (BNM) announced today. The figure confirms earlier estimates, though it reflects slight moderation from the previous quarter. Private consumption remained a key driver, expanding ... Read More

SITE PROGRESS: D’Aleena (May 2025)
About D'Aleena D’Aleena is a serene, nature-inspired township in the heart of Tasek Gelugor, offering a harmonious blend of peaceful living, community spirit, and modern convenience. Following the successful sell-out of its Double-Storey Shop Offices, the latest launch features over 1,000 Single-Storey Terrace Homes and 94 Shop Offices, forming part ... Read More

Eden at Botanica CT – Site progress (May 2025)
About Eden at Botanica CT Eden at Botanica CT is Penang’s First Integrated Senior Living Resort, situated near the town centre of Balik Pulau, which is at the Southwest of Penang Island and located 17 km away from the Penang International Airport. Nestled within the 300-acre Botanica.CT garden township which ... Read More

Penang charts bold future with Gold Industrial Zone in Batu Kawan
Penang is set to boost its gold and jewellery sector with the proposed Batu Kawan Gold Industrial Zone, Chief Minister Chow Kon Yeow announced during the 63rd anniversary of the Province Wellesley Gold and Silver Ornaments Merchants Association (PWGS) at the Iconic Marjorie Hotel in Bayan Lepas. Chow emphasised the ... Read More

SITE PROGRESS: Ideal Venice Residency (May 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
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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