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Property News

ag-winners

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
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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
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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
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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
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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
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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
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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
ideal-venice-residency-site-progress-may-2025

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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Residential construction surges in Q1 2025 amid mixed property market signals

Malaysia’s residential property sector showed strong construction activity in the first quarter of 2025, marking a significant rebound in development momentum despite a dip in overall property transactions. According to Abdul Razak Yusak, director general of the Valuation and Property Services Department (JPPH), the number of completed residential units surged ... Read More
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Penang Hill cable car project on track, first tower to rise by June

The much-anticipated Penang Hill cable car project is progressing as planned, with the first ropeway tower set to be erected by the end of June 2025. According to Penang Hill Corporation (PHC) general manager Datuk Cheok Lay Leng, caisson piling works are currently underway at all four main project sites, ... Read More