AMD Global Services will be the major tenant for the upcoming ‘GBS by the Sea’ project in Bayan Lepas. GBS by the Sea, which is being developed by Penang Development Corporation (PDC), will have a total net lettable floor space of about 300,000sq ft. The project is scheduled to be ... Read More

As one of Malaysia’s most renowned property developers which is best known for providing affordable yet quality housing projects throughout the country, Scientex has recently completed the construction of its Scientex Sungai Dua Sales Gallery. In conjunction with the completion of the sales gallery and to promote its upcoming 343 ... Read More

Thirteen blocks of Taman Free School flats under the Penang Island City Council (MBPP) are set to undergo repainting work in stages. Penang Local Government, Housing, Town and Country Planning Committee chairman Jagdeep Singh Deo announced the approval of the repainting work during a visit to the site this morning. “We ... Read More

The Penang Island City Council (MBPP) has confiscated construction materials and equipment after a contractor was found renovating a heritage building illegally. The council said it had checked on the Customs building at China Street Ghaut on Sunday and found that renovations were being done without approval. It checked on ... Read More

Penang is set to attract more international high-tech companies to venture into the state once the new Penang Technology Park@Bertam is completed in two years. The project, which is being built by Ideal Property Group, is set to become a catalyst for economic growth in the region as it focuses on ... Read More

The Penang Local Government, Housing, Town and Country Planning Committee has initiated two guidelines – one for high-rises and the other, for landed properties – to regulate short-term stays in Penang. The Committee chairman Jagdeep Singh Deo said both guidelines have been approved by the state executive council on March 8 ... Read More

About The Light City A 32.76-acre integrated mixed-use waterfront development by  IJM Perennial Development in Gelugor, Penang. Strategically located next to The Light Collection, just a mere minutes drive from Penang Bridge and George Town.  It will feature a retail mall, Penang’s largest convention centre to be called Penang Waterfront Convention ... Read More

The over-a-century-old moat of Fort Cornwallis, under the premier historic structure restoration project, is set to be reinstated before it is open to the public in 2025. The moat, on the south and the east, will be restored to its former glory. Chief Minister Chow Kon Yeow said the Fort ... Read More

After more than a decade, the proposed Penang Undersea Tunnel, part of the RM46bil Penang Transport Master Plan, looks to be stalled due to delays in the release of the feasibility study report. According to a news article published by TheStar, State infrastructure and transport committee chairman Zairil Khir Johari ... Read More

Will Bank Negara Malaysia (BNM) keep its overnight policy rate (OPR) at its current level for a longer period? The recent pause in rate hikes by the central bank bodes well for overall housing demand, particularly for affordable to mid-range properties where purchasers are more interest-rate sensitive. According to a ... Read More