Property News

E&O targets stronger growth with RM2.2b launches and bid for RM10b PIFC
Eastern & Oriental Bhd (E&O) is ramping up its development momentum with RM2.2 billion worth of property launches scheduled for the remainder of 2025, while also pitching its flagship Andaman Island in Penang as the potential site for the proposed RM10 billion Penang International Financial Centre (PIFC). Managing director Kok ... Read More

My Ideal Homes Photo Contest announces 24 winners, with prizes totalling RM20,000
Ideal Property Group announced the grand prize winner of its signature annual photo contest, My Ideal Homes Photo Contest 8.0, at a prize-giving ceremony held at 1st Avenue Penang last Saturday. Two Grand Prize winners were named under the categories Architecture Charm and Drone Shot. Lee Siau Hui and Liew ... Read More

Government pledges win-win formula for urban renewal initiatives
Housing and Local Government Minister Nga Kor Ming has assured that property owners involved in housing renewal projects under the proposed Urban Renewal Act (URA) will receive compensation exceeding market value. Citing past redevelopment successes, Nga pointed to the Razak Mansion Flats in Bandar Tun Razak and Kampung Kerinchi in ... Read More

Compulsory licensing coming soon for short-term rentals in Malaysia
Malaysia’s short-term rental accommodation (STRA) sector – encompassing platforms like Airbnb and similar homestay-style offerings – is on the verge of a major regulatory shift. The government has confirmed that STRA operators will soon be required to obtain a business licence from local councils before registering as official tourist accommodation ... Read More

SITE PROGRESS: Jesselton Courtyard (Aug 2025)
About Jesselton Courtyard A luxury residential project by Berjaya Land in the Penang Turf Club area. It features 32 units of Four-Storey Zero-Lot Bungalows (6,649 – 9,054 sq.ft.) with an indicative priced from RM6.48mil, and 207 units of 1½ - 2 Storey Condominiums (2,734–5,167 sq.ft.) with an indicative priced from ... Read More

SITE PROGRESS: Nexus Industrial Hub (Aug 2025)
About Nexus Industrial Hub Nexus Industrial Hub is a freehold light industrial development situated in Jawi, Nibong Tebal, close to Sungai Bakap and Batu Kawan. It consists of 40 two-storey semi-detached units designed for a range of uses, including warehousing, logistics, manufacturing, and office-industrial setups. Key design elements include high ... Read More

Silicon Island reclamation reaches 200-acre milestone
Reclamation works for Penang’s Silicon Island project have surpassed the 200-acre mark, marking steady advancement in the state’s largest land reclamation initiative. The development spans 2,300 acres in total, divided into two phases — 1,260 acres in Phase One and 1,040 acres in Phase Two. To commemorate the milestone, Penang ... Read More

Government to amend housing act to cover commercial projects
The government is drafting amendments to the Housing Development (Control and Licensing) Act 1966 (Act 118) to extend its scope to problematic commercial developments, including shop lots and offices. Housing and Local Government Minister Nga Kor Ming said the current law only regulates residential projects by requiring developers to obtain ... Read More

Free landed homes for 23 families in Seberang Perai Selatan
The Penang State Government has reaffirmed its pledge to provide secure housing for displaced residents of Lot 10059, Mukim 8, Seberang Perai Selatan, through the Rumah MutiaraKu (RMKu) project. Chief Minister Chow Kon Yeow announced that 23 original families, who once faced forced eviction from the site, will each receive ... Read More

SITE PROGRESS: Ideal Business Hub (Aug 2025)
About Ideal Business Hub Ideal Business Hub is a 28-acre freehold industrial development within Penang Technology Park @ Bertam, comprising 88 light industrial factories in bungalow, semi-detached, and cluster configurations. Located about 5km from the Bertam toll plaza, it has access to major transportation routes and features layouts with 9.14m ... Read More
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- It will be years of hell during construction. Surely the bypass should be used to...Putra on Sungai Dua–Juru elevated highway project set for November groundbreaking
- @andrew Bro, your mouth smell like chibai. ...logan on Mezzo @ The Light City
- @Minion Then? Full stop already? Share us how you measure it. In Penang, condo is...millionaire on 80% of Gen Z Malaysians opt for high-rise living
- @andrew At least better than Mezzo. Please la switch it off.. ...millionaire on Mezzo @ The Light City
- @millionaire this is not how you measure the price of landed property compare to condo....Minion on 80% of Gen Z Malaysians opt for high-rise living
- @millionaire Quaywest & COD? Please, they really look like some pariah indian disco!!! ...andrew on Mezzo @ The Light City
- @Minion My affordability is low & no money or downpayment. That's why end up in...Wilson Ooi on 80% of Gen Z Malaysians opt for high-rise living
- @rojak Yes. Exactly. Condo is very expensive. Small & high price psf. Even westin &...millionaire on 80% of Gen Z Malaysians opt for high-rise living
- @Islander It's true lah bro. Let's compare high-end at Tanjung Tokong, E&O's latest landed homes...rojak on 80% of Gen Z Malaysians opt for high-rise living
- @ck Where eye sore? Quaywest & Cod are well design & really amazing to see...millionaire on Mezzo @ The Light City
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