Property News

Eden at Botanica CT – Site progress (May 2025)
About Eden at Botanica CT Eden at Botanica CT is Penang’s First Integrated Senior Living Resort, situated near the town centre of Balik Pulau, which is at the Southwest of Penang Island and located 17 km away from the Penang International Airport. Nestled within the 300-acre Botanica.CT garden township which ... Read More

Penang charts bold future with Gold Industrial Zone in Batu Kawan
Penang is set to boost its gold and jewellery sector with the proposed Batu Kawan Gold Industrial Zone, Chief Minister Chow Kon Yeow announced during the 63rd anniversary of the Province Wellesley Gold and Silver Ornaments Merchants Association (PWGS) at the Iconic Marjorie Hotel in Bayan Lepas. Chow emphasised the ... Read More

SITE PROGRESS: Ideal Venice Residency (May 2025)
About Ideal Venice Residency The second phase of PR1MA affordable housing development by Ideal Property Group at Island Glades. Strategically located near the intersection of Jalan Bukit Gambir and Jalan Lembah, next to Ideal Residency. It’s just a stone’s throw away from University Science Malaysia (USM), about 5 minutes drive to Penang Bridge. This ... Read More

Residential construction surges in Q1 2025 amid mixed property market signals
Malaysia’s residential property sector showed strong construction activity in the first quarter of 2025, marking a significant rebound in development momentum despite a dip in overall property transactions. According to Abdul Razak Yusak, director general of the Valuation and Property Services Department (JPPH), the number of completed residential units surged ... Read More

Penang Hill cable car project on track, first tower to rise by June
The much-anticipated Penang Hill cable car project is progressing as planned, with the first ropeway tower set to be erected by the end of June 2025. According to Penang Hill Corporation (PHC) general manager Datuk Cheok Lay Leng, caisson piling works are currently underway at all four main project sites, ... Read More

No tolerance for housing misuse, says Penang housing exco
The Penang State Government is stepping up efforts to combat the misuse of affordable housing, following a high-level enforcement and legal committee meeting chaired by the Penang housing and environment state exco Dato Seri Sundarajoo on May 5. The meeting, held at Bilik Nilam in KOMTAR, marked the first session ... Read More

SITE PROGRESS: Mertajam Heights (May 2025)
About Mertajam Heights A residential development in the heart of Bukit Mertajam. Strategically located along Jalan Ciku, immediately opposite Ng Yam Huat food court with an abundance of essential amenities within 2km radius. The development features a 21-storey apartment building that offers a total of 278 residential units and 4 ... Read More

SITE PROGRESS: Maldives Residences (May 2025)
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 ranked 4th as unsold homes nationwide exceed RM13.9 billion
As of late 2024, Malaysia recorded a total of 23,149 completed residential units worth RM13.94 billion that remain unsold, according to the 2024 National Property Market Report released recently. A significant portion of these units—over 60%—comprise condominiums and apartments, while 13.8% are double-storey terrace houses. In terms of pricing, the ... Read More

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
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- 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
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