The Malaysian property market recorded its best performance in a decade in 2024, according to the latest report by the Valuation and Property Services Department (JPPH). The sector saw a 5.4% year-on-year (y-o-y) increase in transaction volume, reaching 420,525 transactions. Meanwhile, the total transaction value surged by 18% y-o-y to ... Read More

Penang is taking a significant step toward sustainable development and improved labour conditions with the launch of a centralised worker dormitory project at Penang Science Park South. This initiative, spearheaded by the state government, aims to provide a well-structured and modern living environment for the workforce while addressing social concerns ... Read More

About Jesselton Courtyard A luxury residential project by Berjaya Land in the Penang Turf Club area. It features 32 units of Four-Storey Zero-Lot Bungalows (6,649 – 9,054 sq.ft.) with an indicative priced from RM6.48mil, and 207 units of 1½ - 2 Storey Condominiums (2,734–5,167 sq.ft.) with an indicative priced from ... Read More

The long-anticipated North Coastal Paired Road (NCPR) project, a key component of the Penang Transport Master Plan (PTMP), is set to commence following the state government's approval of a revised alignment and commercial terms. The project is expected to begin construction in 2026 and take five years to complete. Penang ... Read More

Homeownership is set to become more accessible with the launch of the Juru Hills affordable housing project (Rumah MutiaraKu). This initiative is backed by an RM18.5 million Tawarruq Financing Facility agreement between Bank Pembangunan Malaysia Berhad (BPMB) and Firma Atasan Sdn Bhd. A key highlight of the project is the ... Read More

SkyWorld Development Berhad (SkyWorld) is setting a new benchmark in sustainable urban living with its SkyWorld Healthy Home concept, an innovative approach designed to integrate passive design strategies, smart innovations, and eco-conscious features. As SkyWorld prepares to introduce this concept in its upcoming Penang projects, a recent tour of EdgeWood ... Read More

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

The Malaysian property market is expected to see moderate growth in 2025, with property prices projected to rise between 2% and 5%, according to the Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector Malaysia (PEPS). This forecast was shared at the 17th Malaysian Property ... Read More

The government is confident of achieving its target of delivering 500,000 affordable housing units (RMM) by the end of 2025, according to Housing and Local Government Minister Nga Kor Ming. As of 31 December 2024, 466,421 units—93.3% of the target—have been completed, are under construction, or are in the planning ... Read More

Benchmark Precision Technologies marked a significant milestone yesterday with the groundbreaking ceremony of its fifth manufacturing facility in Batu Kawan Industrial Park (BKIP). The new facility, set to be completed by June 2026, will be strategically located next to its fourth facility, further cementing Penang’s reputation as a hub for ... Read More