Property News
Mount Erskine Underpass project expected to begin by end of 2026
The proposed underpass connecting Jalan Mount Erskine and Burma Road is expected to commence construction in the fourth quarter of 2026, pending final approval and funding disbursement from the federal authorities. The approximately 700-metre-long underpass is designed to improve traffic flow along one of Penang Island's busiest road corridors. The ... Read More
SITE PROGRESS: Laguna Bay Residences (Jun 2026)
About Laguna Bay Residences An affordable housing project by Kobay Properties Teluk Kumbar, strategically located within walking distance of Lexis Suites and a short drive from Penang International Airport. Spanning approximately 1 acre, the development features a 31-story residential tower with a 9-level car parking podium. Offering 900 sq. ft ... Read More
Queens Waterfront to welcome Ideal Oriental Medical Centre by 2030
Melaka Straits Medical Centre Sdn Bhd, a subsidiary of Oriental Holdings Berhad, formalised a joint venture with Ideal Hasrat Bumiraya Sdn Bhd, part of Ideal Property Group on 28 May 2026, for the proposed development of a tertiary medical centre, named Ideal Oriental Medical Centre, to be undertaken by Star ... Read More
Penang Hill Cable Car set for completion in June next year
The Penang Hill Cable Car project is expected to be completed by June next year, followed by two to three months of safety testing before operations officially begin, according to Penang Hill Corporation general manager Datuk Cheok Lay Leng. According to a report by Kwong Wah Yit Poh, Cheok said ... Read More
Bandar Tasek Mutiara – Hijauan Hills link road opens this Saturday
After years of anticipation by residents in South Seberang Perai, the long-awaited “Missing Lane” connecting Bandar Tasek Mutiara and Hijauan Hills has finally been completed and officially opened to traffic this Saturday. The newly completed 380-ft road features a dual-carriageway four-lane design aimed at improving connectivity and easing congestion in ... Read More
Hotel Equatorial Penang to reopen with new look in 2027
After four years of silence, Hotel Equatorial Penang is officially making its return, with reopening scheduled for the second quarter of 2027. The hotel, which ceased operations in February 2021 during the height of the COVID-19 pandemic, confirmed its comeback through an official announcement on its website. According to the ... Read More
187 families receive keys to their first home at Mak Mandin Indah
A total of 187 recipients received their keys and ownership offer letters for Rumah MutiaraKu (RMKu) Type A units at the Mak Mandin Indah project in Penang, marking another milestone in the state government's affordable housing agenda. Each unit spans 650 sq ft with three bedrooms and is priced at ... Read More
SITE PROGRESS: The Pier (May 2026)
About The Pier A mixed-development project by Asia Green Group in Bayan Mutiara, Penang, strategically located along Tun Dr. Lim Chong Eu Expressway near the Penang Bridge’s Bayan Lepas exit. Adjacent to The Zen development (formerly Zen 9), it comprises two residential towers—Tower A with 496 units and Tower B with ... Read More
Tanjong Bungah beachfront land snapped up by Magni-Tech for RM133 million
Magni-Tech Industries Bhd, best known for its garment manufacturing and packaging products, is making a bold pivot into property development with the acquisition of a prime 4.7-acre beachfront parcel in Tanjong Bungah, Penang, for RM133.33 million cash. The 4.7-acre freehold site priced at approximately RM649 per square foot, sits adjacent ... Read More
Paya Terubong rep flags slow progress at Air Itam bypass construction
Paya Terubong State Assemblyman Wong Hon Wai has flagged a disparity in construction progress along the new Air Itam–Tun Dr. Lim Chong Eu bypass, following a recent site visit to the elevated highway linking Farlim to Lebuh Tun Lim Chong Eu. Wong, who has been monitoring the project closely, noted that ... Read More
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