Property News

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

SITE PROGRESS: London Pavilion (June 2025)
About London Pavilion London Pavilion @ Bayan Lepas is a 46-storey freehold apartment by M Summit Premium Sdn. Bhd., offering 527 units with 12 levels of car park. Located opposite SMK Bayan Lepas, it’s close to the Free Industrial Zone, Penang Airport, LRT stations, Silicon Island, and Second Bridge. Facilities ... Read More

Penang has enough land to sustain industrial growth
Penang Chief Minister Chow Kon Yeow has reassured stakeholders that the state possesses adequate industrial land reserves to support economic expansion for the next 10 to 15 years, despite widespread concerns over land scarcity. Speaking at the launch of the Penang State Industrial Master Plan 2030 at Eastin Hotel in ... Read More

Luxury condo owners lose bid to stop adjacent commercial development
The Federal Court has dismissed an appeal by 49 apartment owners at the One Tanjong condominium seeking to overturn the rezoning of an adjacent parcel of land in Tanjung Bungah, Penang. The court denied them leave to appeal, ruling that none of the 10 legal questions raised met the threshold ... Read More

Penang expands 5% discount on unsold homes to all buyers
The Penang state government has expanded its 5% housing discount initiative to all buyers of unsold completed properties, commonly known as overhang units. Previously limited to selected groups, the discount is now available to all purchasers, not just first-time homeowners. Chief Minister Chow Kon Yeow said the decision was unanimously ... Read More

Juru Village wins 3rd place in National New Village Competition
Juru Village in the Seberang Perai Tengah (SPT) district has been awarded third place in the 2024 National New Village Competition, organised by the Ministry of Housing and Local Government (KPKT). The recognition came with a federal grant worth RM500,000, presented to the Village Community Management Council (MPKK) led by ... Read More

All residential properties under HDA exempted from revised SST
Residential properties sold under the Housing Development Act (HDA) will be exempted from the update Sales and Services Tax (SST), following concerns from the construction industry over rising costs. Housing and Local Government Minister Nga Kor Ming said the exemption applies to all residential buildings, including serviced apartments built on ... Read More

SITE PROGRESS: The Meg @ Andaman (June 2025)
About The Meg @ Andaman The first project in Andaman Island, the highly-anticipated prime reclaimed island of Seri Tanjung Pinang Phase 2A by E&O. Features two blocks of 27 and 34-storey serviced apartments with an estimated GDV of RM690 million. It comprises 1,020 residential units with innovative layouts designed to suit ... Read More

New road access and temporary closures for The Light Interchange
IJM Land Berhad has announced traffic updates in conjunction with ongoing works at The Light Interchange, part of The Light Waterfront Penang development. To facilitate the removal of an existing pedestrian bridge, selected George Town-bound lanes along the Tun Dr Lim Chong Eu Expressway will be temporarily closed from June ... Read More

Vertical school in Penang’s Madani housing project to provide safer and cost-saving education
The Rumah Bakat Madani housing project in Penang will feature a vertical school concept, a move Prime Minister Datuk Seri Anwar Ibrahim says will enhance student safety and reduce transportation costs for families. In a Facebook post on June 11, Anwar highlighted the government’s commitment to integrating education within residential ... Read More
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- I don't think so.. ...Zul on Penang expands 5% discount on unsold homes to all buyers
- @Millionaire You're being sarcastic? Or you really like to write nonsense? I don't get it....Billionaire on Twin Star
- @Moon This was info from the development office when i went for booking. It is...Koja on The Cube
- The central region has spent years developing its first line and gradually expanding it over...BTW on Penang’s LRT Mutiara Line project set to begin soon
- so is bumiputra entitled for 5%+5%? ...BTW on Penang expands 5% discount on unsold homes to all buyers
- Don't know what that Sunda guy of state housing chairman up to , as if...Oh nice on Penang expands 5% discount on unsold homes to all buyers
- @Gemini Air talk only deserve Air talk answer ...Islander on Penang’s LRT Mutiara Line project set to begin soon
- @millionaire or AG ...LL on Penang’s LRT Mutiara Line project set to begin soon
- Islander : Aiya, very easy, by next GE if I still see “nothing” I...Gemini on Penang’s LRT Mutiara Line project set to begin soon
- @Captain Light Just assign to a China company, will start. Look at Indonesia HSR, took...millionaire on Penang’s LRT Mutiara Line project set to begin soon
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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