Property News

Good times ahead for industrial property sector
The demand for real estate in the industrial sector is leading the way to full economic recovery for the property sector in Malaysia. Despite the rising concerns over inflation, property consultant Knight Frank said, the industrial property sector was already “flourishing” while demand for real estate in the retail sector ... Read More

SITE PROGRESS: Terraces Condominium (Aug 2022)
About Terraces Condominium A highrise residential development by IJM Land at Bukit Jambul, Penang. Strategically located on 9.32 acres of land next to INTI International College. It comprises a 34-storey condominium tower, featuring 410 residential units with two different design types to choose from. (Photo taken in July 2022) Find out ... Read More

Proposal to build workers’ quarters in Penang Tech Park shelved
The proposal to build a centralised workers’ quarters (CLQ) at the industrial area in Penang Technology Park in Bertam, Kepala Batas has been cancelled. Deputy Chief Minister I Datuk Ahmad Zakiyuddin Abdul Rahman said the developer decided not to go ahead with the project after taking into account the views ... Read More

SITE PROGRESS: Garden Superlink II @ Jesselton Hills (Aug 2022)
About Garden Superlink II @ Jesselton Hills The second phase of Garden Homes Collection in Jesselton Hills, Alma by Wing Tai Asia. It comprises 75 units of two-storey superlink homes with extended size up to 26ft wide, surrounded by lush greenery and wholesome recreational amenities. The residential enclave is strategically ... Read More

Penang Affordable Housing Expo coming soon
The Penang Affordable Housing Expo is returning this year and it will be held at Lower Ground, Prangin Mall from Sept 30 to Oct 2. Penang Local Government, Housing, Town, and Country Planning Committee chairman Jagdeep Singh Deo welcomed all affordable housing players to take part in the housing expo ... Read More

20 Most Active Projects in Penang (Jan – July 2022)
After nearly two years of lockdowns and travel restrictions, the buying interest in Penang property is seen rebounding amid the improving economy. According to our web traffic analytics, PenangPropertyTalk.com has recorded a total of over 2 million pageviews in the first 7 months of 2022, an increase of approximately 18% from 1.69 million ... Read More

Affordable housing project at Permatang Pasir broke ground yesterday
Folk living in the central Seberang Perai district, specifically in Permatang Pasir, will soon have the chance to apply for their desired affordable housing units courtesy of the Penang government. Chief Minister Chow Kon Yeow said the project which is to be built on a 23-acre land, will be divided into ... Read More

M Summit 191 received two Malaysia Book of Records (MBR) awards today
M Summit 191 Executive Hotel Suites, which will be rebranded as The Granite Luxury Hotel on Aug 1, achieved a rare distinction when it . The hotel’s car park is recognised as Malaysia’s Tallest Automated Hotel Car Park at 71.2m while its Mirage swimming pool is the Highest Cantilevered Acrylic Bottom ... Read More

Short-term rental guidelines is expected to come into effect in January 2023
The Penang State Government introduced short-term rental guidelines for highrise and landed houses which is expected to be enforced from January next year. State Housing, Local Government, Town and Country Planning Committee chairman Jagdeep Singh Deo said the guidelines were drawn up together with local authorities (PBT) and related agencies since ... Read More

IHG to debut Crowne Plaza as the flagship hotel for Straits City in Penang
IHG Hotels & Resorts announced yesterday it is partnering with STC Property Management Sdn Bhd, the developer of Penang’s Straits City, to bring the Crowne Plaza brand to Butterworth. The master plan development is by Singapore-listed The Straits Trading Company Limited and Malaysia Smelting Corp Bhd. The partnership will bring the ... Read More
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- @Islander Exactly. My landed house near Queensbay area is expected to fetch 1.5 million. What's...millionaire on 80% of Gen Z Malaysians opt for high-rise living
- @Update Luquidator probably or sell off as this might be one of their assets on...MajorArches on Ivory Properties gets green lights to buy land opposite Queensbay Mall
- Eventually, after decades ! ...Chita on Penang’s North Coastal Paired Road to begin construction in 2026
- @Peter yes.. need to request to turn off.. see liao eyes pain ...ck on Mezzo @ The Light City
- @millionaire Condo more expensive than landed in island? bro you should compare same location to...Islander on 80% of Gen Z Malaysians opt for high-rise living
- Affordability is the first issue, if can afford andaman landed why want to buy packed...Minion on 80% of Gen Z Malaysians opt for high-rise living
- millionaire : @Roy @ Grey Property We don’t need landed as young generation just...Minion on 80% of Gen Z Malaysians opt for high-rise living
- @Update No problem. AG is best developer to take up this project. Maybe AG mall?...millionaire on Ivory Properties gets green lights to buy land opposite Queensbay Mall
- @MajorArches Then who will develop this land? Bank will lelong it? ...Update on Ivory Properties gets green lights to buy land opposite Queensbay Mall
- Huh, Ivory Properties gone case already, awaiting declare bankruptcy. Owners like The Peak, City Residence,...MajorArches on Ivory Properties gets green lights to buy land opposite Queensbay Mall
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OTHER DEVELOPMENTS
- Affordable Housing (Penang Island)
- Butterworth Arena
- Columbia Asia Medical Centre
- Eco-Tourism Hub @ Batu Kawan
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- 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