Property News

Can Penang LRT project withstand political shifts?
A transport consultant has questioned whether the upcoming LRT project in Penang is robust enough to withstand political shifts given the country’s track record with rail projects in the past. Wan Agyl Wan Hassan, the founder of transport think tank My Mobility Vision, said that while the government is often ... Read More

Parking fee increase in Seberang Perai starts January 2025
Seberang Perai motorists will face higher parking charges beginning 1 Jan 2025, following the Seberang Perai City Council’s (MBSP) announcement of a 100% increase in parking fees. Under the revised rates, hourly parking will cost RM0.80, up from RM0.40, while daily rates will increase from RM3 to RM6. Monthly parking passes ... Read More

SITE PROGRESS: G’Vinton (Dec 2024)
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 508 serviced suites, a nine-level car parking podium, and four shop ... Read More

Silicon Island’s LRT depot land on track for 2025 completion
The development of Penang’s Silicon Island, a 2,300-acre reclaimed land project, continues to progress on schedule, with key milestones in place to transform it into a high-value economic hub. The depot land for the Penang Light Rail Transit (LRT) Mutiara Line, located on the island, is set to be handed ... Read More

PDC and SkyWorld to build largest affordable housing project in Penang
Penang is set to break new ground in addressing housing affordability with the launch of the Rumah Bakat Baru Madani Affordable Housing Scheme, the nation’s largest housing initiative targeting the B40 and M40 income groups. The project, announced today, will be developed on two strategic plots of land in Seberang Perai: ... Read More

White knight rescues Penang World City development
A white knight developer has emerged to revive the long-stalled Penang World City (PWC) project in Bayan Baru, Penang. This ambitious RM10 billion development, spanning 102 acres of existing and reclaimed land, is set to move forward after years of inactivity. According to The Edge Malaysia, the new developer is ... Read More

Penang launches Ujong Batu Redevelopment following Kampung Manis success
Following the success of the Kampung Manis redevelopment project, Penang has unveiled plans for another transformative initiative—the Ujong Batu redevelopment project. State Housing and Environment Committee chairman Datuk Seri Sundarajoo Somu announced that 268 eligible residents of Kampung Ujong Batu would receive free 750 sq ft units, valued up to ... Read More

Penang Silicon Design @5km+ initiative launched
The Penang Silicon Design @5km+ initiative was officially launched yesterday, heralding a new era in Malaysia's integrated circuit (IC) design landscape. Spearheaded by InvestPenang under the Penang state government, the initiative seeks to establish a thriving IC design ecosystem within a 5km+ radius of the Bayan Lepas industrial park. Prime ... Read More

Temporary closure of Penang 2nd Bridge for Aspen-Klippa Marathon 2024
The Sultan Abdul Halim Muadzam Shah Bridge (Penang Second Bridge) will be temporarily closed from 11pm on 14 December until 10am on 15 December to facilitate the Aspen-Klippa Penang Bridge International Marathon 2024. State Tourism and Creative Economy Committee chairman Wong Hon Wai announced the closure during a press conference at Komtar ... Read More

SITE PROGRESS: Codrington Residence (Dec 2024)
About Codrington Residence A luxury 29-storey condominium in Pulau Tikus by Primary Spectra Development Sdn. Bhd., located along Codrington Avenue near Moulmein Rise and Gurney Drive. This low-density development features 198 units, with only 11 per floor, starting from 1,400 sq.ft. Designed with modern layouts and attention to detail, it ... Read More
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- @Billionaire I think he's being sarcastic. He obviously stating all the false stuff. Maybe another...Hee Chan on Twin Star
- On foreign labour, Chow reaffirmed the state’s commitment to responsible planning. Centralised Labour Quarters (CLQs)...David on Penang has enough land to sustain industrial growth
- @Ong May I know the PN4 price? ...Raymond on Ari Altitude
- 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
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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