Property News

Malaysian property market poised for steady growth in 2025
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

Government on track to deliver 500,000 affordable homes by year-end
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 breaks ground on 5th facility in BKIP
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

SITE PROGRESS: Queens Residences 3 (Feb 2025)
About Queens Residences 3 The third phase of the Queens Waterfront development by Ideal Property Group (also known as Q3), situated near Queensbay in Penang. Positioned strategically on reclaimed seafront land directly opposite Queensbay Mall, it’s an expansion of the successful Q1 and Q2. The new phase of development will introduce another ... Read More

Penang attracts global automation giant M.A.i with new production hub
M.A.i GmbH & Co. KG, a renowned German automation solutions provider, has officially opened a new production and sales facility in Penang, marking a significant step in its international growth strategy. This expansion strengthens the company’s presence in Southeast Asia, a region experiencing rapid industrial transformation driven by automation and ... Read More

Eden at Botanica CT set for greater healthcare convenience with Selgate Specialist Hospital
Selgate Specialist Hospital Pulau Pinang marks a significant milestone as the first Selgate Specialist Hospital in the Northern Region. Serving as the flagship hospital for healthcare services in the Northern Region, it boasts 172 beds and offers a comprehensive range of 31 specialties. Selgate Specialist Hospital Pulau Pinang is a ... Read More

Penang to face 2-day water cut in April for pipeline upgrade
Four key industrial areas in Penang—Bayan Lepas, Perai, Bukit Minyak, and Batu Kawan—will experience a 48-hour water supply disruption from 25 April (10:00pm) to 27 April (10:00pm). The Penang Water Supply Corporation (PBAPP) announced that approximately 337,000 consumers, including industrial users, will be affected by the scheduled outage. The disruption is necessary to ... Read More

Selgate inks deal for new specialist hospital at Botanica CT
Introducing Selgate Specialist Hospital Pulau Pinang – Selgate’s FIRST private specialist hospital in Penang with 172 beds and 31 specialties, located within Penang's First Integrated Senior Living Resort, the Eden at Botanica CT, Balik Pulau! Selgate Specialist Hospital Pulau Pinang will complement the aged care facility at Eden at Botanica ... Read More

SITE PROGRESS: Ari Altitude (Feb 2025)
About Ari Altitude An affordable condominium project by PTL Alpha Sdn. Bhd., a subsidiary of PTL Properties Sdn. Bhd., located in the well-established township of Alma, Bukit Mertajam. Situated along Jalan Santuari 3, less than 5 minutes drive from Lotus’s and AEON Mall via Jalan Rozhan and approximately 15 minutes ... Read More

PDC’s Rumah Bakat Baru Madani secures approval in just 36 days
Penang Development Corporation (PDC) CEO Dato’ Aziz Bakar has announced a major milestone for the Rumah Bakat Baru Madani affordable housing project. The project received planning approval in just 36 days, making it the fastest-approved housing project in Malaysia. Initially aiming for approval within 40 days, PDC successfully secured it four ... Read More
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RECENT COMMENTS
- does it still have 300k unit? ...Ping on Mandarin Residence
- @LL wait till the land reclamation in front of Quaywest is completed and high rise...Bei Fox on 30 most expensive high-rise residences in Penang (2025)
- I am interest with this project. Please contact me. Thanks ...Teh Xuan Yuan on PROPOSED: 55-storey affordable housing @ Tanjung Bungah
- whats the issue with property management? seems like well managed from outside ...LL on Pearl Regency
- @sardine Both available under stated government land. Some land area reserved for a few project....Deen Yassin on 80% of Gen Z Malaysians opt for high-rise living
- "Loan rejection rates were highest for homes priced between RM300,001 and RM500,000, a segment targeted...bobo on Malaysia’s housing market faces subdued outlook amid unsold affordable homes
- @Deen Yassin Affordable homes on andaman island? affordable condo or low cost flat? ...sardine on 80% of Gen Z Malaysians opt for high-rise living
- @Teoh Nego it. 650k. Near to power station/no balcony /traffic jam area & poor management....Ryu on Pearl Regency
- I am curious to know is the price per square foot for smaller and larger...DF on 80% of Gen Z Malaysians opt for high-rise living
- @Islander For your info, that's affordable house in Andaman for upcoming project by government. ...Deen Yassin on 80% of Gen Z Malaysians opt for high-rise living
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- 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