Housing and Local Government Minister Nga Kor Ming has assured that property owners involved in housing renewal projects under the proposed Urban Renewal Act (URA) will receive compensation exceeding market value. Citing past redevelopment successes, Nga pointed to the Razak Mansion Flats in Bandar Tun Razak and Kampung Kerinchi in ... Read More

Malaysia’s short-term rental accommodation (STRA) sector – encompassing platforms like Airbnb and similar homestay-style offerings – is on the verge of a major regulatory shift. The government has confirmed that STRA operators will soon be required to obtain a business licence from local councils before registering as official tourist accommodation ... 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

About Nexus Industrial Hub Nexus Industrial Hub is a freehold light industrial development situated in Jawi, Nibong Tebal, close to Sungai Bakap and Batu Kawan. It consists of 40 two-storey semi-detached units designed for a range of uses, including warehousing, logistics, manufacturing, and office-industrial setups. Key design elements include high ... Read More

Reclamation works for Penang’s Silicon Island project have surpassed the 200-acre mark, marking steady advancement in the state’s largest land reclamation initiative. The development spans 2,300 acres in total, divided into two phases — 1,260 acres in Phase One and 1,040 acres in Phase Two. To commemorate the milestone, Penang ... Read More

The government is drafting amendments to the Housing Development (Control and Licensing) Act 1966 (Act 118) to extend its scope to problematic commercial developments, including shop lots and offices. Housing and Local Government Minister Nga Kor Ming said the current law only regulates residential projects by requiring developers to obtain ... Read More

The Penang State Government has reaffirmed its pledge to provide secure housing for displaced residents of Lot 10059, Mukim 8, Seberang Perai Selatan, through the Rumah MutiaraKu (RMKu) project. Chief Minister Chow Kon Yeow announced that 23 original families, who once faced forced eviction from the site, will each receive ... Read More

About Ideal Business Hub Ideal Business Hub is a 28-acre freehold industrial development within Penang Technology Park @ Bertam, comprising 88 light industrial factories in bungalow, semi-detached, and cluster configurations. Located about 5km from the Bertam toll plaza, it has access to major transportation routes and features layouts with 9.14m ... Read More

The Penang Institute is in the final stages of reviewing and shortlisting proposals for the establishment of the Penang International Financial Centre (PIFC), a strategic initiative aimed at boosting the state’s role in global finance. Chief Minister Chow Kon Yeow said PIFC is expected to attract capital inflows, foster financial ... Read More

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