Property News

New market and hawker complex to boost socioeconomic growth in Batu Kawan
The upcoming construction of the Bandar Cassia Public Market and Hawker Complex is set to bring a wave of socioeconomic benefits and new business opportunities for the local community in Batu Kawan. Chief Minister Chow Kon Yeow announced that the project, which spans 7.69 acres of land owned by the ... Read More

Plushie Pop-Up Party at PICC Sales Gallery, Penang
Get your own Jellycat-inspired Dou Dou Plushie at PICC! Only for 2 days only this July — blink and you'll miss it! Jellycat-inspired Plushie Pop-up Party Date: 5 July 2025 (Sat) & 6 July 2025 (Sun) Time: 11am - 5pm Venue: PICC Sales Gallery, Penang What to expect at this ... Read More

Second phase of Jalan Tok Kangar upgrade to be completed by October 2026
The second phase of the road widening and upgrading project along Jalan Tok Kangar is now underway, with completion targeted for 14 October 2026. According to Penang State Executive Councillor for Infrastructure, Transport and Digital, Zairil Khir Johari, the new completion contractor, Igneus Setia Sdn. Bhd., has been given 18 ... Read More

Experts call for vacancy tax to address empty homes and soaring property prices
Housing experts in Malaysia are urging the government to implement a vacancy tax to curb the rising number of vacant and unsold homes, and to stabilise property prices by deterring speculation. According to a report by FMT, many so-called “affordable” housing units are being held vacant by owners or investors, ... Read More

Unpaid parcel rent could cost owners their homes
More than 70,000 property owners here have defaulted on their parcel rent payments, with arrears totalling some RM12.5mil since 2019. The Penang Land and Mines Office (PTG) recently revealed that these homeowners risk losing their strata parcels due to unpaid arrears as of June 1. PTG director Dr Faizal Kamarudin ... Read More

INV New Material Technology opens 1st manufacturing plant in Penang
Penang welcomed a significant milestone in its industrial growth yesterday as battery manufacturer INV New Material Technology (M) Sdn Bhd officially launched its first manufacturing facility at the Penang Technology Park@Bertam, Kepala Batas. The Malaysian subsidiary of Shenzhen-based Senior Technology Material Co Ltd—renowned for its expertise in lithium-ion battery separator ... Read More

SITE PROGRESS: Taman Ara Damai (June 2025)
About Taman Ara Damai Taman Ara Damai is a vibrant township by GSD Land in Tasek Gelugor, offering modern tropical living across eight well-planned phases with around 2,200 units. Featuring a mix of single-storey terrace and semi-detached homes, plus double-storey shop offices, it’s ideal for families seeking comfort, space, and ... Read More

Revised assessment tax reflected in 2nd half-year bill for Seberang Perai
The revised assessment tax rate enforced from 1 January 2025 is now reflected in the second half-year assessment bills issued by the Seberang Perai City Council (MBSP). Mayor Dato’ Baderul Amin Abdul Hamid clarified the matter during a press conference following the council’s 612th Full Board Meeting yesterday. He explained ... Read More

Air Itam–Tun Dr LCE Expressway project reaches 80% completion
The construction of the Air Itam to Tun Dr. Lim Chong Eu Expressway (Package 2), has reached 80% completion and is now entering its critical phase. State Executive Councillor for Tourism and Creative Economy, Wong Hon Wai, announced that a permanent closure of the Lintang Angsana junction will take effect ... Read More

Penang delivers on housing promise with latest RMKu handovers
In a continued effort to ensure housing affordability and uplift living standards, the Penang State Government yesterday officially handed over offer letters for the Rumah MutiaraKu (RMKu) affordable housing projects to selected recipients during a ceremony held at Auditorium F, Level 5, KOMTAR. The ceremony was officiated by YB Dato’ ... Read More
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- Affordable Housing (Penang Island)
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- Eco-Tourism Hub @ Batu Kawan
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- GBS @ The Waterfront
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- Gurney Wharf
- IKEA Batu Kawan
- Island Medical CIty
- Kobay Jelutong
- Lin Xiang Xiong Art Gallery
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- One Auto Hub @ Batu Kawan
- Penang Arts District
- Penang Eastern Seafront Development
- Penang Medical & Digital Technology Hub
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