Property News

Younger Malaysians push for ban on racial discrimination in rental housing
A recent survey by a market research firm has revealed deep generational and ethnic divides on the issue of racial discrimination in Malaysia’s rental housing market. The findings suggest that while many Malaysians support regulation, views differ sharply on whether landlords should be allowed to select tenants based on race ... Read More

SITE PROGRESS: G’Vinton (July 2025)
About G'Vinton A serviced residence development by GSD Land in George Town. The project spans approximately 1 acre and is strategically positioned between Ambank and the NSTP building, offering convenient access to KOMTAR and Gurney Drive. The development will include 336 serviced suites, a nine-level car parking podium, and four shop ... Read More

Penang LRT project officially underway after years of delay
The long-awaited Penang Light Rail Transit (LRT) project has officially commenced following the issuance of a Notice to Proceed (NTP) by MRT Corp to Gamuda Bhd. According to a report by Free Malaysia Today, the notice was issued yesterday, allowing SRS Consortium—led by Gamuda with a 60% stake—to begin full-scale ... Read More

Culture meets innovation at Penang2030 Festival X Seberang Perai Heritage Day 2025
Thousands gathered at the scenic Kampung Agong in Penaga for the Penang2030 Festival X Seberang Perai Heritage Day 2025, a lively celebration that brought together the old and the new in a day filled with cultural charm and modern engagement. Held on Saturday from 2pm to 8pm, the event featured ... Read More

Legacy in the Making: PDCP’s Vision for a Modern, Heritage-Rich Penang
As Penang continues its transformation into a vibrant urban hub with global appeal, PDC Properties Sdn. Bhd. (PDCP) leads the way with thoughtful, community-driven developments. A wholly owned subsidiary of the Penang Development Corporation (PDC), PDCP is dedicated to delivering quality, innovative, and sustainable living spaces at attainable prices. From ... Read More

Ideal Property Group wins global recognition at FIABCI World Prix D’Excellence Awards 2025
Northern Malaysia’s leading property developer, Ideal Property Group, has secured the prestigious gold award at the FIABCI World Prix D’Excellence Awards 2025 for its innovative Greek-inspired affordable housing development- I-Santorini, establishing the company as an internationally recognized leader in quality housing development. Prestigious International Recognition The FIABCI World Prix D’Excellence ... Read More

Columbia Asia opens its 13th hospital in Malaysia, bringing quality care to Batu Kawan
Healthcare accessibility in the rapidly evolving township of Batu Kawan takes a significant leap forward with the commencement of operations at Columbia Asia Hospital-Batu Kawan. This marks Columbia Asia’s 13th hospital in Malaysia, further strengthening its presence as a leading private healthcare provider in the country. Columbia Asia Hospital Batu ... Read More

Bank Negara cuts OPR to 2.75% in pre-emptive move to safeguard growth
Bank Negara Malaysia (BNM) has reduced the Overnight Policy Rate (OPR) by 25 basis points to 2.75%, marking its first rate cut in over a year. The central bank said the move is a proactive measure to support the country’s economic growth amid external uncertainties and moderate inflation. Following the ... Read More

SkyWorld acquires Batu Kawan land for affordable housing project
SkyWorld Development Bhd is set to expand its footprint in Penang with the acquisition of a 25.9-acre land parcel in Batu Kawan for RM48.51 million. The land, known as Parcel 1, is part of a 161.5-acre site in Bandar Cassia, Seberang Perai Selatan, earmarked for the development of Rumah Bakat ... Read More

SITE PROGRESS: Lucerne Residences (July 2025)
About Lucerne Residences The final phase of residential development by Ideal Property Group at Ideal Vision Park in Bayan Lepas. It is just a short drive to Penang International Airport, 10 minutes walking distance to Straits International School. The project will see two blocks of 36-storey skyscrapers featuring a European living concept. It offers 480 ... Read More
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- @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
- Any update for this project? Complete silent now. ...Update 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
- 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