Property News
Fort Cornwallis reopens after landmark restoration
Fort Cornwallis has reopened after an extensive restoration, marking a significant milestone in Penang's efforts to revitalise its historic waterfront while reinforcing George Town's status as a world-class heritage destination. Officially reopening the landmark, Prime Minister Datuk Seri Anwar Ibrahim said the restoration goes beyond preserving a colonial-era monument. Instead, ... Read More
Komtar Walk upgrade at 32% on track for Oct 2026 completion
The upgrading of Komtar Walk has reached 32% completion and remains on track for full completion by October 2026, bringing a refreshed, modern look to one of Penang's most recognisable landmarks. PDC Setia Urus Sdn. Bhd. chief executive officer Loi Kai Horng said the rejuvenation works are progressing according to ... Read More
20 EV charging bays: The next benchmark for Penang high-rise living
Electric vehicles (EVs) are no longer a niche segment in Malaysia, and their growing adoption is beginning to influence how new property developments are planned and marketed. In Penang, EV charging facilities are increasingly being viewed as an essential amenity rather than a premium add-on. While public charging infrastructure continues ... Read More
1926 Heritage Hotel Penang reopens after RM20 million restoration
The century-old 1926 Heritage Hotel Penang has officially reopened following a RM20 million restoration, marking a new chapter for one of Penang's historic landmarks. Located along Jalan Burma, the boutique hotel has been transformed under The Unlimited Collection by The Ascott Limited, combining heritage conservation with modern hospitality while preserving ... Read More
SITE PROGRESS: Ideal Business Hub (July 2026)
About Ideal Business Hub Ideal Business Hub is a 28-acre freehold industrial development within Penang Technology Park @ Bertam, comprising 88 light industrial factories in bungalow, semi-detached, and cluster configurations. Located about 5km from the Bertam toll plaza, it has access to major transportation routes and features layouts with 9.15m ... Read More
PwC appointed to chart roadmap for Penang International Financial Centre
The Penang government has appointed PricewaterhouseCoopers Advisory Services Sdn Bhd (PwC) to prepare the key policy documents for the proposed Penang International Financial Centre (PIFC), marking a significant step towards establishing the state as a technology-driven financial hub. Chief Minister Chow Kon Yeow said PwC was officially appointed on June ... Read More
State pushes for Bagan Dalam infrastructure improvements
The Penang state government will apply for additional funding under the Malaysian Road Records Information System (Marris) to upgrade ageing roads, drains and other public infrastructure in three areas within the Bagan Dalam state constituency. Chief Minister Chow Kon Yeow said the request followed concerns raised by Bagan Dalam assemblyman ... Read More
Penang State Museum reopens after 8 years with AI-powered attractions
The Penang State Museum and Art Gallery will reopen its doors on Thursday, unveiling a refreshed visitor experience that combines the state's rich heritage with modern digital technology following an extensive RM18 million restoration. Closed since 2017 for conservation works, the museum now features interactive and artificial intelligence-powered elements designed ... Read More
Iconic Hotel Penang to be rebranded as Courtyard by Marriott
Marriott International Inc. and Iconic Group today announced the signing of an agreement to introduce Courtyard by Marriott to Penang Mainland with Courtyard by Marriott Penang Icon City. This signing further strengthens Marriott’s strategic relationship with Iconic Group and reinforces the global hospitality company's continued expansion across Malaysia. Located within ... Read More
Sanrio-Themed Rooms Debut at Iconic Marjorie Penang
Iconic Marjorie Penang today announced the launch of an official collaboration with Sanrio Southeast Asia, a global lifestyle brand best known for pop icon Hello Kitty and beloved characters like Kuromi and Cinnamoroll. The collaboration will see the launch of Hello Kitty, Kuromi and Cinnamoroll-themed hotel rooms and a Sanrio ... Read More
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