Property News
INFINITY8 opens first co-working space in Penang
INFINITY8, a leading co-working space provider, has officially launched its first co-working space in Penang, marking the company’s expansion into the northern region of Malaysia. Named INFINITY8 Reserve George Town, this new space is strategically located in a 25,000 sq. ft. heritage building on Beach Street, once home to Standard ... Read More
PDCP to launch ‘New Talent Housing’ in 2025
A new affordable housing scheme called ‘New Talent Housing’ (Rumah Bakat Baru) is scheduled to be launched next year (2025) by PDC Properties Sdn Bhd (PDCP), a subsidiary of Penang Development Corporation (PDC). PDC chief executive officer Datuk Aziz Bakar said the housing scheme is aimed at addressing the growing demand ... Read More
E&O targets RM1 billion in property sales for FY2025
Eastern & Oriental Bhd is bullish on the Penang market, where it is based, and anticipates better property sales in its current financial year ending March 31, 2025 (FY2025). The group is targeting around RM1 billion sales in FY2025, on the back of new launches worth about RM1.3 billion in ... Read More
SITE PROGRESS: Maldives Residences (Aug 2024)
About Maldives Residences A residential development by Ideal Property Group at Bayan Lepas. Strategically located along Jalan Sungai Tiram 6, just across the road from Havana Beach Residences. It is conveniently connected to Jalan Tun Dr Awang, less than 2km away from Penang International Airport. This development comprises 46-storey building with ... Read More
Penang Hill Cable Car project progresses with key construction milestones
The Penang Hill Corporation (PHC) is accelerating its efforts to complete the initial phase of hoarding works at the key sites involved in the highly anticipated Penang Hill Cable Car project. The hoarding works, which involve the Garden Station, Hill Station, Turn Station, and the proposed car park building, are ... Read More
Penang set to see 10 more hotels to cater to rising number of tourists
Penang is set to see 10 new hotels with 4,000 rooms over the next few years as the state continues to attract more tourists, said Chief Minister Chow Kon Yeow. Chow said he does not think there will be any issue of an oversupply of hotels in the state. "In ... Read More
PDC Properties enriching lives and shaping communities
PDC Properties Sdn. Bhd. (PDCP), a prominent subsidiary developer under the esteemed Penang Development Corporation (PDC), has been at the forefront of transforming the real estate landscape in Penang. With a steadfast commitment to enhance communities through the delivery of high-end projects at affordable prices, PDCP stands as a beacon ... Read More
The Bayana: A new era of lifestyle and dining in Penang’s industrial heart
Penang is set to welcome its latest lifestyle destination, The Bayana, an innovative project poised to enhance the ecosystem of the Bayan Lepas Industrial Zone. The Bayana comprises three key elements: Food Bayana, Bayana Parc, and Bayana Hub. Food Bayana is positioned as Malaysia’s first semi-automated food court, bringing together ... Read More
RM30mil to upgrade 12 markets, hawker sites on Penang Island
Penang Island City Council (MBPP) has allocated RM30mil for the renovation and upgrade of at least 12 markets, food complexes and hawker sites this year, says mayor Datuk A. Rajendran. “In 2023 alone, 15 such projects were completed while 16 will be completed this year,” he said, adding that the ... Read More
Floating solar farm being considered for Penang Harbour
A floating solar farm – one large enough to power 6,000 homes – is being considered for Penang’s harbour. Its primary purpose is to supply cruise ships with renewable energy, making Penang Port appealing for international cruise lines eager to use sustainably produced electricity. The Star has learnt that this ... Read More
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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
