Property News

SJK (C) Aik Hua’s relocation to Sungai Ara a strategic move
The relocation of SJK (C) Aik Hua from its historic location on Muntri Street in George Town to Sungai Ara has proven to be a timely and strategic move, as student enrolment continues to grow. According to Penang Chief Minister Chow Kon Yeow, the school’s enrolment has increased to 191 ... Read More

BNM maintains OPR at 3%, citing strong economic performance
Bank Negara Malaysia (BNM) has decided to maintain the Overnight Policy Rate (OPR) at 3% following the latest Monetary Policy Committee (MPC) meeting. The decision reflects a positive outlook for both the global and Malaysian economies, with continued growth and moderating inflation. Globally, economic expansion is supported by resilient labour ... Read More

SITE PROGRESS: D’ Starlingtton (Sep 2024)
About D' Starlingtton A 29-storey condominium development by Wismas Dayamas Sdn. Bhd. (GSD Land) in Teluk Kumbar, covering 4.5 acres along Jalan Teluk Kumbar, about 2km from Penang International Airport. The project features 820 residential units with an 11-storey carpark, and rooftop facilities. Neighboring communities include Platinum III, D’zone Condominium, Saujana ... Read More

1926 Heritage Hotel Penang to reopen in 2026 after RM20 million facelift
The historic 1926 Heritage Hotel Penang, located on Burma Road, is set to reopen in 2026, coinciding with its 100th anniversary. This reopening follows a significant RM20 million refurbishment project, initiated by Jetblue Sdn Bhd in collaboration with The Ascott Limited, and marks the revival of a key heritage landmark ... Read More

Penang Port Commission issued RFP for the development of Tanjung City Marina site
The Penang Port Commission (PPC) has issued a request for proposal (RFP) for the development of its warehouses and the Tanjung City Marina land. PPC chairman Datuk Yeoh Soon Hin said the objective of the RFP is to invite financially and technically qualified companies to implement the proposed development of ... Read More

INFINITY8 opens first co-working space in Penang
INFINITY8, a leading co-working space provider, has officially launched its first co-working space in Penang, marking the company’s expansion into the northern region of Malaysia. Named INFINITY8 Reserve George Town, this new space is strategically located in a 25,000 sq. ft. heritage building on Beach Street, once home to Standard ... Read More

PDCP to launch ‘New Talent Housing’ in 2025
A new affordable housing scheme called ‘New Talent Housing’ (Rumah Bakat Baru) is scheduled to be launched next year (2025) by PDC Properties Sdn Bhd (PDCP), a subsidiary of Penang Development Corporation (PDC). PDC chief executive officer Datuk Aziz Bakar said the housing scheme is aimed at addressing the growing demand ... Read More

E&O targets RM1 billion in property sales for FY2025
Eastern & Oriental Bhd is bullish on the Penang market, where it is based, and anticipates better property sales in its current financial year ending March 31, 2025 (FY2025). The group is targeting around RM1 billion sales in FY2025, on the back of new launches worth about RM1.3 billion in ... Read More

SITE PROGRESS: Maldives Residences (Aug 2024)
About Maldives Residences A residential development by Ideal Property Group at Bayan Lepas. Strategically located along Jalan Sungai Tiram 6, just across the road from Havana Beach Residences. It is conveniently connected to Jalan Tun Dr Awang, less than 2km away from Penang International Airport. This development comprises 46-storey building with ... Read More

Penang Hill Cable Car project progresses with key construction milestones
The Penang Hill Corporation (PHC) is accelerating its efforts to complete the initial phase of hoarding works at the key sites involved in the highly anticipated Penang Hill Cable Car project. The hoarding works, which involve the Garden Station, Hill Station, Turn Station, and the proposed car park building, are ... Read More
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- Landed too expensive. ...Roy @ Grey Property on 80% of Gen Z Malaysians opt for high-rise living
- @Peter yes it looks like mamak vibes ...LOL on Mezzo @ The Light City
- That's why Zen6 is most sought after in Penang Island. Fantastic Seaview with high future...millionaire on 80% of Gen Z Malaysians opt for high-rise living
- Anyone found the colorful lighting show at Mezzo is an awful sense of design? ..............Peter on Mezzo @ The Light City
- The egress and ingress should be well planned to avoid accidents and congestions. The entrance...Thomas Anthony Samy on Bukit Mertajam market redevelopment enters new phase
- May I knows more details about this project ...KJ on PROPOSED: 982-unit affordable housing development in Air Itam
- May I know when it will be completed? ...Ye_Ji on Sunway Dora – Completing Soon in Bayan Baru!
- strategic location ...Ye_Ji on Sunway Dora – Completing Soon in Bayan Baru!
- This is the real mampu milik home in Penang. Worth viewing and book. For viewing...Veedu Property PG on Taman Ara Damai – A new chapter of modern living in Tasek Gelugor
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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