Property News
Penang property market shows resilience amid selective demand in 1H2026
Penang’s property market remained relatively resilient in the first half of 2026, although market activity was more measured as buyers and investors became increasingly selective. According to Knight Frank Malaysia’s Real Estate Highlights 1H2026, the state’s established manufacturing base, continued investment, infrastructure development and tourism activity provided support to the ... Read More
Penang to ban new worker accommodations in residential areas from Sept 1
Penang will no longer allow new worker accommodation facilities in residential areas from Sept 1, as the state introduces tighter guidelines aimed at gradually shifting from Temporary Labour Quarters (TLQ) towards Centralised Labour Quarters (CLQ). Local government and town and country planning committee chairman Jason H'ng Mooi Lye said the ... Read More
SITE PROGRESS: Mandarin Residence (Aug 2026)
About Mandarin Residence Affordable housing project by Focal Products Sdn. Bhd. in Farlim, at the junction of Jalan Teochew Satu and Jalan Thean Teik. It is right next to Hui Aun Apartment and just 1km from Sunshine Central. The development features a total of 646 residential units with 11 levels of car ... Read More
Penang Gateway reclamation concept included in Penang Structure Plan 2040
A proposed “Penang Gateway” development along Penang Island’s northern coastline has emerged as one of the potential future development concepts identified in the draft Penang Structure Plan 2040. The proposed concept involves reclamation and mixed development extending from Tanjung Bungah to Batu Ferringhi, with potential uses including tourism, services, trade ... Read More
Pulau Jerejak Bridge envisioned as new Penang landmark, targeting 2029 completion
Plans for a new bridge linking Penang Island to Pulau Jerejak are taking shape, with the proposed 1km crossing envisioned as a distinctive landmark rather than a conventional road bridge. Bayan Baru MP Sim Tze Tzin said the bridge is planned with four lanes, comprising two lanes towards Pulau Jerejak ... Read More
Intuitive Surgical to invest more than RM2 billion in new facility at Batu Kawan
Intuitive Surgical Inc, a global leader in robotic-assisted surgery, will invest more than RM2 billion over five years to establish its first manufacturing facility in Malaysia and Southeast Asia at Bandar Cassia Technology Park (BCTP), Penang. The 316,000-square-foot facility is expected to begin operations in 2028 and create about 1,200 ... Read More
7 years without an AGM: MBPP explains Green Garden management takeover
The Penang Island City Council (MBPP) has clarified its decision to appoint a new management agent for Green Garden Flats (Blocks 1062 and 1066) in Paya Terubong, saying the move was made after it found that the development had not held an Annual General Meeting (AGM) since February 2019. In ... Read More
Green Garden Flats management in dispute after COB appoints new MC
A management dispute has emerged at Green Garden Flats in Paya Terubong, with the existing management body and a newly appointed management company both claiming authority over the 2,255-unit residential development. According to a report by Sin Chew Daily, the existing management body, Nostalgia Kencana Sdn Bhd, and about 30 residents held ... Read More
AI and big data to shape affordable housing needs
The government plans to use big data analytics and artificial intelligence (AI) to determine affordable housing needs based on locality, income levels and market demand under the National Housing Policy 2026-2035. Housing and Local Government Minister Nga Kor Ming said the existing RM300,000 ceiling for affordable homes was a “one-size-fits-all” ... Read More
Jelutong Landfill Rehabilitation Project gets extension until Oct 18
The Penang government has granted PLB Engineering Bhd (PLBE) an extension of time (EOT) until Oct 18, 2026, to complete the proposed closure and rehabilitation works at the Jelutong landfill. State local government committee chairman Jason H’ng Mooi Lye said PLBE’s application for the extension was tabled at the state ... Read More
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