Property News

Enovix to open its silicon battery plant in Penang with a RM5.8 billion investment
Enovix Corporation, an advanced silicon battery company, will establish its first high-volume manufacturing facility in Penang, marking a significant milestone in the company's global expansion strategy. The company's investment plan was disclosed by Prime Minister Datuk Seri Anwar Ibrahim following a one-on-one meeting held on the sidelines of the Asia-Pacific ... Read More

Penang considers standardising plot ratio and density for housing development
In a bid to further stimulate the housing industry on the mainland, the Penang government is looking at standardising the plot ratio and density for housing development. At present, the plot ratio for development projects statewide, depending on the type of project and location, is between 2.8 and 3.5. A ... Read More

Urban Regeneration Project planned for Mahsuri Flats in Bayan Baru
Moving into a new home can be one of life’s greatest joys. K. Leelavathi has been living at Mahsuri Flats in Bayan Baru, Penang, since 1990 and is looking forward to moving into better housing. The flats have been slated as one of five urban regeneration projects (URP) in Penang ... Read More

PDC’s 54-Year significant contribution to livability and economic growth
Over the years, the Penang Development Corporation (PDC) has developed three satellite towns in Penang – Bayan Baru, Seberang Jaya and Bandar Cassia. Together with the Penang government, the corporation has been providing affordable homes to Penangites. Penang Chief Minister Chow Kon Yeow, who is also PDC chairman, said 18,783 ... Read More

Hunza Group celebrates its 45th anniversary in style
It was definitely a night to remember at the Hunza Group 45th anniversary celebration held at the Setia SPICE Convention Centre in Bayan Lepas yesterday night. Hundreds of dignitaries, including government officials and special guests, attended a luxurious and delicious buffet dinner accompanied by various cultural performances. The anniversary celebration ... Read More

SITE PROGRESS: GEM Residences (Nov 2023)
About GEM Residences GEM Residences, a commercial development by Belleview Group at Prai, Penang. It is part of the company's 6 hectares mixed development along Jalan Baru, diagonally opposite Megamall Penang. Next to it will be the upcoming largest mall in the northern region - GEM Mall, the tenant mix include ... Read More

Major infrastructure projects in Penang enhance sector prospects
Penang's ongoing infrastructure developments, including the Bayan Lepas light rail transit (LRT) and Silicon Island projects, are elevating the outlook for several companies in the construction and property development sectors. This is according to a research report by Maybank Investment Bank (Maybank IB) which identified beneficiaries including Gamuda Bhd, IJM ... Read More

SITE PROGRESS: Ideal Residency (Nov 2023)
About Ideal Residency Affordable housing development by Ideal Property Group in Penang Island. This development is strategically located on Kampung Kastam land near the intersection of Jalan Bukit Gambier and Jalan Lembah, less than 2km away from University Science Malaysia (USM). It features 1,218 affordable housing units with a standard built-up ... Read More

Enchanting wonderland in Kepala Batas
The Vision Park in Kepala Batas has transformed into a magical wonderland and illuminated by over a million colourful lightbulbs. Throngs of visitors are enchanted every night since it opened on Oct 27. The one-month event, known as Luna Lights Wonderland 2023, is jointly organised by the Seberang Perai City ... Read More

KPKT issued temporary labour quarters’ application guidelines
The Local Government Development Ministry (KPKT) has formulated accommodation guidelines to ensure workers’ welfare is safeguarded per the law. In a statement today, it said it has come up with the application procedure guidelines for the provision of Temporary Labour Quarters (TLQ) for 2024 to 2026 and planning guidelines for ... Read More
Weekly Newsletter
Latest Projects
TODAY'S MOST READ
RECENT COMMENTS
- The issue is that the expansion of Airport Terminal 3 hasn't started calling for tender...Dan on Penang International Airport expansion to complete by June 2028
- LL : @connie It won’t be, and seaview is not the major attraction point....Minion on The Pier
- Po : why this project no more update? is it still on going? because...Minion on Bayan Suite
- CCC obtained ...666 on Mezzo @ The Light City
- @connie It won't be, and seaview is not the major attraction point. The location and...LL on The Pier
- May i know the studio is what selling price now? unit no is? ...GW on Woodsbury Suites @ Harbour Place
- @connie What is the lost? Pier is seafront condo & no issue on Seaview. Even...Jacky on The Pier
- Is the sea view going to be blocked by the new hotel project? I’ve heard...connie on The Pier
- @Oh nice I believe it is very difficult to sustain, unless the "club house" is...long john on Pay-per-use model eyed for future affordable housing projects
- Don't knee jerk if haven't book, they still have 8 more towers, 6k units...this is...Oh nice on SkyWorld breaks ground on nation’s largest affordable housing project in Penang
SHOW MORE COMMENTS
Latest Property News
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