Property News
REHDA Institute advances workforce readiness agenda with 1st mentorship session under RIYI 2026
The REHDA Institute Youth Initiative (RIYI) 2026 held its first corporate mentorship session recently, bringing together up to 50 selected students from more than 15 universities nationwide for direct engagement with senior industry leaders as part of efforts to strengthen graduate workforce readiness in Malaysia’s built-environment sector. The mentorship session ... Read More
MBPP eases heritage residential-to-commercial conversions
Property owners within the George Town UNESCO World Heritage Site will soon enjoy a faster and more streamlined pathway to convert residential properties into shophouses. The Penang Island City Council (MBPP) has approved a new guideline, effective May 1, removing the need for planning permission (kebenaran merancang) for selected change-of-use ... Read More
SITE PROGRESS: G’Vinton (Apr 2026)
About G'Vinton A serviced residence development by GSD Land in George Town. The project spans approximately 1 acre and is strategically positioned between Ambank and the NSTP building, offering convenient access to KOMTAR and Gurney Drive. The development will include 508 serviced suites, a nine-level car parking podium, and four shop ... Read More
Beach Street set for RM24.7mil green upgrade
Beach Street in George Town is set to undergo a major transformation, with a climate-adaptive upgrade aimed at enhancing walkability, reducing urban heat and improving the overall streetscape within the heritage core zone. Long regarded as one of the city’s most historic commercial corridors, the area will be reconfigured to ... Read More
SITE PROGRESS: Taman Simpang Empat (Apr 2026)
About Taman Simpang Empat A low-density residential enclave within the SA Central freehold mixed-development by GUH Development Sdn. Bhd., located in Simpang Ampat. Comprising 61 units of 2-storey terrace homes with built-up areas starting from approximately 1,776 sq.ft., the development is designed to cater to modern family living. Strategically connected ... Read More
Northern TechValley garners FDI interest
Integrated industrial park Northern TechValley @ BKE has garnered Foreign Direct Investment (FDI) interest from corporations based in Singapore, US and China, in addition to domestic investments thus far. The RM1.3 billion Gross Development Value industrial park – developed by Suling Hill Development Sdn Bhd (Suling Hill), a joint venture ... Read More
15 sites in Penang proposed for heritage listing
A total of 15 sites across Penang have been proposed for gazettement as heritage sites under the Enakmen Warisan Negeri Pulau Pinang 2011. The notice, issued by the State Heritage Commissioner, invites owners and affected parties to submit objections or feedback before 28 April 2026. The proposed sites span both ... Read More
Multiple night lane closures begin today for Penang LRT works
Several long-term night lane closures and traffic diversions will begin from 16 April 2026 along key stretches of Jalan Tengah and Jalan Sultan Azlan Shah, as preliminary utility works for the Penang LRT Mutiara Line (CMC1 package) move into a more active phase. The closures, announced by MRT Corp, will ... Read More
Juru–Sungai Dua Traffic Dispersal Project moves into Package 2 in Q3
Construction of Package 2 of the Juru-Sungai Dua Traffic Dispersal Project is expected to begin in the third quarter of 2026, as Penang moves ahead with a major infrastructure initiative aimed at easing chronic congestion along the North–South Expressway corridor. Chief Minister Chow Kon Yeow said the state government welcomes ... Read More
Penang’s next big logistics hub: PILA expected to begin operations in 2029
The Penang International Logistics Aeropark (PILA), a strategic joint venture between the Penang Development Corporation (PDC) and Malaysia Airports Holdings Berhad (MAHB), has officially secured approval for its Master Layout Planning Permission, marking a major milestone in strengthening Penang’s logistics and industrial ecosystem. The project, which will introduce a new ... Read More
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