Property News

SITE PROGRESS: Muze @ PICC (Nov 2021)
About Muze @ PICC The first phase of residential offerings at Penang International Commercial City (PICC) integrated development by Hunza Group. This 43-acre development is strategically located within the vicinity of Bayan Baru township. It comprises two 58-storey towers featuring 846 residential units with 10 levels of car parking podium. Find out more about ... Read More

Ascott opens Sky Residence Prai in Penang
Sky Residence Prai, The Ascott Limited's (Ascott) first serviced apartment in Penang, has opened. Ascott is a wholly-owned subsidiary of CapitaLand Investment. Sky Residence Prai is its ninth operational property in Malaysia. With over 6,700 units in 26 properties across 11 cities, the addition of the serviced apartment will strengthen ... Read More

Amendments to Housing Development Act to be tabled in Q3 2022
The proposed amendments to the Housing Development (Control and Licensing) Act 1966 (Act 118) is expected to be tabled in Parliament in the third quarter of 2022, in an effort to address issues concerning abandoned housing projects and prevent such problems in the future. Housing and Local Government Minister Datuk ... Read More

MIEA: Real estate agents respect & appreciate all Grab drivers and Grab food riders
The Malaysian Institute of Estate Agents (MIEA) has issued a statement condemning disparaging words uttered by a real estate negotiator and another individual from Penang against Grab drivers and Grab food riders. In a video posted on social media two days ago, both individuals were seen to be conducting a ... Read More

Pulau Gazumbo to be made marine sanctuary
Pulau Gazumbo, the man-made island next to the first Penang bridge, will be made a marine sanctuary by the state government. Chief Minister Chow Kon Yeow said the state government will be working to gazette the island as a sanctuary, to be called the “Middle Bank Marine Sanctuary”. He said ... Read More

SITE PROGRESS: Taman Riang (Nov 2021)
About Taman Riang A small landed residential development by Airmas Group at Butterworth. Located on a 1.5-acre land near the ever-bustling Jalan Raja Uda, it is less than 4km away from Penang Sentral and Butterworth ferry terminal. It features 18 units of 2-storey terrace houses with a built-up size of at least ... Read More

Biggest sports centre on mainland in the making
The construction work on the biggest sports centre in Seberang Perai known as Nibong Tebal Arena is expected to be completed on Feb 26, 2023. State Youth and Sports Committee chairman Soon Lip Chee said the work on the project has already started on Aug 16 this year. “As of ... Read More

Three homegrown M&E players announce RM520mil expansion in Batu Kawan
Three Penang-based large local companies (LLC) are reinvesting RM520 million through expansion projects in the Batu Kawan Industrial Park, Penang Chief Minister Chow Kon Yeow announced today. He said the three companies, in the equipment manufacturing supply chain, are collectively taking up 35 acres of land in Batu Kawan Industrial ... Read More

Whether it’s residential, commercial or industrial, co-create tomorrow and beyond with EcoWorld
Eco World Development Group Berhad or more commonly known as EcoWorld is one of the largest public listed property developers in Malaysia which currently has a total of 20 ongoing projects across numerous locations throughout the country – which include Klang Valley, Iskandar Malaysia and Penang. At EcoWorld, you will ... Read More

Making houses more affordable for the average Malaysian family
A home is a basic necessity but for many, acquiring one is just an unattainable goal. For some, even renting a house is a luxury. However, little can be done to ensure that it is within the means of every family to have a house they can call their own ... Read More
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- @millionaire or AG ...LL 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