Property News

Ideal Property Group refutes MBI scam allegations
The Ideal Property Group has dismissed allegations circulating on social media claiming the investigation and arrest of its group executive chairman in connection with the authorities’ investigation into the scam linked to MBI International Group (MBI). Ideal Property Group, in a statement today, stressed that the group operates with strict ... Read More

Simmtech grows Penang footprint with RM326mil expansion in Batu Kawan
South Korean semiconductor giant Simmtech Holdings Inc., through its Malaysian subsidiary Sustio Sdn Bhd, has marked another major milestone with the completion of its second operations facility at the Batu Kawan Industrial Park (BKIP), Penang. The RM326 million phase two expansion features cutting-edge printed circuit board (PCB) technologies that support ... Read More

Development must uplift the people, not just the wealthy
Prime Minister Datuk Seri Anwar Ibrahim has called for a shift in urban development priorities, stressing that government projects must focus on uplifting the general population, not just serving luxury interests. Speaking at the groundbreaking ceremony of the Rumah Belia Madani and affordable housing project in Kuala Lumpur, Anwar said ... Read More

GSD Land celebrates successful pre-launch event for G’Vinton Residences & Suites
GSD Land successfully hosted an exclusive pre-launch event for G’Vinton Executive Residences & Suites, setting a new benchmark for premier urban living in Georgetown. The prestigious event, held at Lava Mansion, featured a strategic Memorandum of Agreement (MOA) signing ceremony with three distinguished partners—Millimetre, Maplehome, and SAFA Global—who will enhance ... Read More

SITE PROGRESS: Terraces Condominium (Apr 2025)
About Terraces Condominium A highrise residential development by IJM Land at Bukit Jambul, Penang. Strategically located on 9.32 acres of land next to INTI International College. It comprises a 34-storey condominium tower, featuring 410 residential units with two different design types to choose from. *Photo taken in Mar 2025 Find out more ... Read More

Major physical works for Penang’s Mutiara LRT to begin in Q4 2026
The large-scale construction phase of the Penang Mutiara Light Rail Transit (LRT) line is expected to commence in the fourth quarter of 2026, marking a significant milestone for one of the state’s most anticipated public transport projects. Mass Rapid Transit Corporation Sdn Bhd (MRT Corp) Chief Executive Officer, Datuk Mohd ... Read More

PDC Properties secures financing from Maybank Islamic Bhd to drive major developments in Penang
PDC Properties Sdn. Bhd. (PDCP), a subsidiary of Penang Development Corporation (PDC), has entered into a significant financing agreement with Maybank Islamic Berhad to support several upcoming residential and commercial developments across Penang. The collaboration will provide working capital to facilitate the execution of projects with a total cost of ... Read More

Penang launches automated parking fine system with ANPR Technology
Penang has officially implemented an Automated Number Plate Recognition (ANPR) system to enforce parking regulations more efficiently. Launched today, the system detects unpaid parking fees in real time and issues fines automatically—eliminating the need for on-site officers. According to Free Malaysia Today, notifications for fines will be delivered directly through ... Read More

Penang to redevelop 3 squatter settlements into modern housing
The Penang government will redevelop three long-standing squatter settlements in Seberang Perai into modern residential areas, offering improved housing to residents at no cost. This initiative is part of the state’s broader aim to eliminate squatter settlements and raise living standards. The affected villages—Kampung Manis (nearly 300 homes), Kampung Main ... Read More

Penang LRT Mutiara Line project on track, says MRT Corp
MRT Corp has addressed recent public concerns regarding the progress of the Penang LRT Mutiara Line, reaffirming that the project remains on track and within schedule. In the past three months, MRT Corp has made key progress, including securing approval for advance works under Section 20A of the Town and ... Read More
Weekly Newsletter
Latest Projects
TODAY'S MOST READ
RECENT COMMENTS
- This computer made visual ... where is the neighbourhood in it. Where is Gleneagles Hospital,...Tommes on Legasi @ Burma
- What a waste to build only 16 storey for office tower, since the land is...ALAN CHUNG on Legasi @ Burma
- Anyone know is there any WhatsApp group or Facebook group for the owners of this...CeriaOwner on Ceria D’ Eco Horizon
- A 2025/26 building? Looks so aging forget about the group ...Tomb Stone View on Terraces Condominium
- is the developer is Ideal property or Magna Rezeki Sdn.Bhd. Because banker told developer is...vm on PIX 1 Residences
- Congratulations on a planned and well done maintainence job on the flyover. Can the bridge...Arul on Jalan Sultan Azlan Shah flyover to close temporarily for maintenance on 10 August
- booked with the unit after final decision to me is good location cos i am...Lulu on The Cube
- Yeah this flyover have seen flooding in a flyover and leaking drain pipes that creates...FrankC on Jalan Sultan Azlan Shah flyover to close temporarily for maintenance on 10 August
- @happy Hello, can i have the link for the group ? ...KR on Twin Star
- @SIEW LI Don't worry. This is the best affordable house in Penang according to this...Ryu on The Cube
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