Property News
FBG Holdings seeks to exit Penang Medi-City project in Batu Kawan
FBG Holdings Bhd, formerly known as Fajarbaru Builder Group Bhd, is seeking to withdraw from the joint development of the Penang Medi-City project in Batu Kawan. The construction firm said its wholly owned subsidiary, FBG Land Sdn Bhd, had written to the Penang Development Corp (PDC) to cease proceeding with ... Read More
SITE PROGRESS: Silkspring Residence (Aug 2026)
About Silkspring Residence This is a freehold high-rise residential project by Airmas Group located near Jalan Telaga Air in Butterworth, adjacent to WellSpring Residence and about 500 metres from Raja Uda. It offers convenient access to nearby amenities, schools, supermarkets, eateries and transport links, including Penang Sentral, around five minutes ... Read More
MBPP introduces new guidelines for businesses on private land
The Penang Island City Council (MBPP) has introduced new guidelines governing businesses operating on private land, effective August 21, 2026. The Guidelines for New Applications and Management of Licences on Private Land (GTP) were approved by MBPP’s Public Health Standing Committee to regulate small-scale businesses, while addressing public nuisance, cleanliness ... Read More
Penang TIP rules: Which properties can be used for short-term stays?
Owners and operators of Private Accommodation Premises (Tempat Inap Persendirian, or TIP) in Penang have been given a two-month grace period until November 1, 2026 to submit licence applications following the enforcement of the Private Accommodation Premises By-Laws (Penang State Local Authorities) 2026 (TIP By-Laws 2026) on August 1. Penang ... Read More
Penang launches ONEMAP+ to map CCTV, AED and EV charging locations
The Penang state government has launched ONEMAP+, a new digital platform that allows the public to locate closed-circuit television (CCTV) cameras, automated external defibrillators (AEDs) and electric vehicle (EV) charging stations across the state. Chief Minister Chow Kon Yeow unveiled the platform during the Penang2030 Festival Lite KOMTAR 2026, describing ... Read More
Penang LRT Mutiara Line: Partial lane closures near Relau from today until Oct 31
Periodic partial lane closures along Jalan Tun Dr Awang and Jalan Dato Ismail Hashim, from the Sri Relau Complex to the Penang Golf Club, near here, will be implemented from Aug 20 to Oct 31 to facilitate preliminary construction works of the Mutiara Line Light Rail Transit (LRT) project in ... Read More
SITE PROGRESS: The Westin Residences (Aug 2026)
About The Westin Residences The Westin Residences is a mixed residential and hospitality development by VST Group located along the seafront at Gurney Drive on reclaimed land opposite Gurney Plaza and facing Gurney Bay. The project consists of a 69-storey residential tower with 498 units and a 10-level parking podium, ... Read More
Penang Roadmap to 2040: Growth, Mobility and Liveability in Focus
The draft Penang Structure Plan 2040 (Review) has been positioned as a long-term development framework to guide the state’s growth over the next 15 years, with an emphasis on balancing economic development, infrastructure, housing, mobility and environmental sustainability. Chief Minister Chow Kon Yeow said the draft should serve as a ... Read More
Penang property market shows resilience amid selective demand in 1H2026
Penang’s property market remained relatively resilient in the first half of 2026, although market activity was more measured as buyers and investors became increasingly selective. According to Knight Frank Malaysia’s Real Estate Highlights 1H2026, the state’s established manufacturing base, continued investment, infrastructure development and tourism activity provided support to the ... Read More
Penang to ban new worker accommodations in residential areas from Sept 1
Penang will no longer allow new worker accommodation facilities in residential areas from Sept 1, as the state introduces tighter guidelines aimed at gradually shifting from Temporary Labour Quarters (TLQ) towards Centralised Labour Quarters (CLQ). Local government and town and country planning committee chairman Jason H'ng Mooi Lye said the ... Read More
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