Property News

SITE PROGRESS: Mertajam Heights (May 2025)
About Mertajam Heights A residential development in the heart of Bukit Mertajam. Strategically located along Jalan Ciku, immediately opposite Ng Yam Huat food court with an abundance of essential amenities within 2km radius. The development features a 21-storey apartment building that offers a total of 278 residential units and 4 ... Read More

SITE PROGRESS: Maldives Residences (May 2025)
About Maldives Residences A residential development by Ideal Property Group at Bayan Lepas. Strategically located along Jalan Sungai Tiram 6, just across the road from Havana Beach Residences. It is conveniently connected to Jalan Tun Dr Awang, less than 2km away from Penang International Airport. This development comprises 46-storey building with ... Read More

Penang ranked 4th as unsold homes nationwide exceed RM13.9 billion
As of late 2024, Malaysia recorded a total of 23,149 completed residential units worth RM13.94 billion that remain unsold, according to the 2024 National Property Market Report released recently. A significant portion of these units—over 60%—comprise condominiums and apartments, while 13.8% are double-storey terrace houses. In terms of pricing, the ... Read More

Ideal Property Group refutes MBI scam allegations
The Ideal Property Group has dismissed allegations circulating on social media claiming the investigation and arrest of its group executive chairman in connection with the authorities’ investigation into the scam linked to MBI International Group (MBI). Ideal Property Group, in a statement today, stressed that the group operates with strict ... Read More

Simmtech grows Penang footprint with RM326mil expansion in Batu Kawan
South Korean semiconductor giant Simmtech Holdings Inc., through its Malaysian subsidiary Sustio Sdn Bhd, has marked another major milestone with the completion of its second operations facility at the Batu Kawan Industrial Park (BKIP), Penang. The RM326 million phase two expansion features cutting-edge printed circuit board (PCB) technologies that support ... Read More

Development must uplift the people, not just the wealthy
Prime Minister Datuk Seri Anwar Ibrahim has called for a shift in urban development priorities, stressing that government projects must focus on uplifting the general population, not just serving luxury interests. Speaking at the groundbreaking ceremony of the Rumah Belia Madani and affordable housing project in Kuala Lumpur, Anwar said ... Read More

GSD Land celebrates successful pre-launch event for G’Vinton Residences & Suites
GSD Land successfully hosted an exclusive pre-launch event for G’Vinton Executive Residences & Suites, setting a new benchmark for premier urban living in Georgetown. The prestigious event, held at Lava Mansion, featured a strategic Memorandum of Agreement (MOA) signing ceremony with three distinguished partners—Millimetre, Maplehome, and SAFA Global—who will enhance ... Read More

SITE PROGRESS: Terraces Condominium (Apr 2025)
About Terraces Condominium A highrise residential development by IJM Land at Bukit Jambul, Penang. Strategically located on 9.32 acres of land next to INTI International College. It comprises a 34-storey condominium tower, featuring 410 residential units with two different design types to choose from. *Photo taken in Mar 2025 Find out more ... Read More

Major physical works for Penang’s Mutiara LRT to begin in Q4 2026
The large-scale construction phase of the Penang Mutiara Light Rail Transit (LRT) line is expected to commence in the fourth quarter of 2026, marking a significant milestone for one of the state’s most anticipated public transport projects. Mass Rapid Transit Corporation Sdn Bhd (MRT Corp) Chief Executive Officer, Datuk Mohd ... Read More

PDC Properties secures financing from Maybank Islamic Bhd to drive major developments in Penang
PDC Properties Sdn. Bhd. (PDCP), a subsidiary of Penang Development Corporation (PDC), has entered into a significant financing agreement with Maybank Islamic Berhad to support several upcoming residential and commercial developments across Penang. The collaboration will provide working capital to facilitate the execution of projects with a total cost of ... Read More
Weekly Newsletter
Latest Projects
TODAY'S MOST READ
RECENT COMMENTS
- same developer as Montage? heard Montage already stop work and the developer is winding up...BTW on AFFORDABLE: Balik Pulau / Prisma Bumiraya Sdn. Bhd.
- @Islander Yes. People will misleading easily. Buy the cube talking about Seaview benzs. Buyers tend...Hee Chan on The Cube
- @Joker Omg... gg. ULTRA FACTS !! ...Good game Well Played on The Cube
- Sawtoh : @Floyd If I’m not mistaken, some of the facilities in Tower B...Sawtoh on Twin Star
- @Floyd If I’m not mistaken, some of the facilities in Tower B are different from...Sawtoh on Twin Star
- @anne Noticed there is a piling machine on site few months ago. Not sure it...BTW on Grace Harmony
- how is the progress of the project now? any updates? ...anne on Grace Harmony
- Any progress on this project? ...CHIN HUN on Affordable housing @ Jelutong (formerly known as Mutiara Rini & Mutiara Ria)
- @Hemsley Both AG also pattern many, I easily mistaken ...Islander on The Cube
- Dear Editor, Good evening! Was the RFP prepared in accordance with the redevelopment process stipulated...DAVID CHAN CHIN CHYE on RFP open for redevelopment of Mak Mandin flats
SHOW MORE COMMENTS
Latest Property News
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