Property News
Revised assessment tax reflected in 2nd half-year bill for Seberang Perai
The revised assessment tax rate enforced from 1 January 2025 is now reflected in the second half-year assessment bills issued by the Seberang Perai City Council (MBSP). Mayor Dato’ Baderul Amin Abdul Hamid clarified the matter during a press conference following the council’s 612th Full Board Meeting yesterday. He explained ... Read More
Air Itam–Tun Dr LCE Expressway project reaches 80% completion
The construction of the Air Itam to Tun Dr. Lim Chong Eu Expressway (Package 2), has reached 80% completion and is now entering its critical phase. State Executive Councillor for Tourism and Creative Economy, Wong Hon Wai, announced that a permanent closure of the Lintang Angsana junction will take effect ... Read More
Penang delivers on housing promise with latest RMKu handovers
In a continued effort to ensure housing affordability and uplift living standards, the Penang State Government yesterday officially handed over offer letters for the Rumah MutiaraKu (RMKu) affordable housing projects to selected recipients during a ceremony held at Auditorium F, Level 5, KOMTAR. The ceremony was officiated by YB Dato’ ... Read More
SITE PROGRESS: London Pavilion (June 2025)
About London Pavilion London Pavilion @ Bayan Lepas is a 46-storey freehold apartment by M Summit Premium Sdn. Bhd., offering 527 units with 12 levels of car park. Located opposite SMK Bayan Lepas, it’s close to the Free Industrial Zone, Penang Airport, LRT stations, Silicon Island, and Second Bridge. Facilities ... Read More
Penang has enough land to sustain industrial growth
Penang Chief Minister Chow Kon Yeow has reassured stakeholders that the state possesses adequate industrial land reserves to support economic expansion for the next 10 to 15 years, despite widespread concerns over land scarcity. Speaking at the launch of the Penang State Industrial Master Plan 2030 at Eastin Hotel in ... Read More
Luxury condo owners lose bid to stop adjacent commercial development
The Federal Court has dismissed an appeal by 49 apartment owners at the One Tanjong condominium seeking to overturn the rezoning of an adjacent parcel of land in Tanjung Bungah, Penang. The court denied them leave to appeal, ruling that none of the 10 legal questions raised met the threshold ... Read More
Penang expands 5% discount on unsold homes to all buyers
The Penang state government has expanded its 5% housing discount initiative to all buyers of unsold completed properties, commonly known as overhang units. Previously limited to selected groups, the discount is now available to all purchasers, not just first-time homeowners. Chief Minister Chow Kon Yeow said the decision was unanimously ... Read More
Juru Village wins 3rd place in National New Village Competition
Juru Village in the Seberang Perai Tengah (SPT) district has been awarded third place in the 2024 National New Village Competition, organised by the Ministry of Housing and Local Government (KPKT). The recognition came with a federal grant worth RM500,000, presented to the Village Community Management Council (MPKK) led by ... Read More
All residential properties under HDA exempted from revised SST
Residential properties sold under the Housing Development Act (HDA) will be exempted from the update Sales and Services Tax (SST), following concerns from the construction industry over rising costs. Housing and Local Government Minister Nga Kor Ming said the exemption applies to all residential buildings, including serviced apartments built on ... Read More
SITE PROGRESS: The Meg @ Andaman (June 2025)
About The Meg @ Andaman The first project in Andaman Island, the highly-anticipated prime reclaimed island of Seri Tanjung Pinang Phase 2A by E&O. Features two blocks of 27 and 34-storey serviced apartments with an estimated GDV of RM690 million. It comprises 1,020 residential units with innovative layouts designed to suit ... Read More
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- @cheapcheap which landed just right beside low cost flat in tanjong tokong? ...sagat on E&O to launch RM700mil waterfront commercial project at Andaman Island
- @Hemsley 1000 units only, I think it will be low cost flats lah. You want...cheapcheap on E&O to launch RM700mil waterfront commercial project at Andaman Island
- @CM Chow The Meg at least RM900psf onwards if not mistaken. Affordable condos normally ~RM500psf,...cheapcheap on E&O to launch RM700mil waterfront commercial project at Andaman Island
- @ken33zero Which will be more gut-wrenching? 1000 units of affordable condos, or 1000 units of...cheapcheap on E&O to launch RM700mil waterfront commercial project at Andaman Island
- @ken33zero Oh come on bro. You should have do the homework before enter buying the...Hemsley on E&O to launch RM700mil waterfront commercial project at Andaman Island
- ken33zero : Affordable homes on Andaman island just to meet the state’s requirements; did...Mind Blown on E&O to launch RM700mil waterfront commercial project at Andaman Island
- Mister Potato : @CM Chow This will definitely be one of the hottest affordable...CM Chow on E&O to launch RM700mil waterfront commercial project at Andaman Island
- Affordable homes on Andaman island just to meet the state’s requirements; did I read that...ken33zero on E&O to launch RM700mil waterfront commercial project at Andaman Island
- @CM Chow This will definitely be one of the hottest affordable housing when launched. ...Mister Potato on E&O to launch RM700mil waterfront commercial project at Andaman Island
- If really got affordable housing inside the island, then The Meg buyers GG liao. 700...CM Chow on E&O to launch RM700mil waterfront commercial project at Andaman Island
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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
