Property News
PILA Aeropark to strengthen Penang as regional logistics hub
Development of the Penang International Logistics Aeropark (PILA) at Penang International Airport has commenced in the first quarter of 2026, marking a key step in strengthening the state’s role in regional air cargo logistics. During a Q&A session in the Dewan Negara yesterday, Deputy Transport Minister Hasbi Habibollah said the project ... Read More
Penang land tax revision explained as state urges owners to appeal if dissatisfied
Penang Chief Minister Chow Kon Yeow has clarified that the revised land tax (quit rent) rates are calculated using a formula based on four factors: whether the land is classified as urban or rural, its size, its current use and the applicable tax rate. Speaking at a press conference in ... Read More
Penang property market shifts to a more selective cycle
The northern region property market recorded a moderate performance in 2025, with mixed signals across the four states of Penang, Perak, Kedah and Perlis. According to the Northern Region Property Market Report 2025 by the Valuation and Property Services Department (JPPH), the region registered 104,689 transactions worth RM37.36 billion. While ... Read More
MBPP to tow illegally parked vehicles along Jalan Residensi from 5pm daily
The Penang Island City Council (MBPP) will begin towing illegally parked vehicles along Jalan Residensi after 5pm daily, following worsening congestion caused by vehicles parked on both sides of the road. Penang Island mayor Datuk Rajendran Anthony said the enforcement will focus on the stretch between the junction of Jalan ... Read More
E&O to launch RM700mil waterfront commercial project at Andaman Island
Eastern & Oriental Bhd (E&O) is stepping up its project pipeline, driven by new waterfront developments in Penang and continued township expansion at Andaman Island, as it advances the long-term master plan for the reclaimed island. Managing director Kok Tuck Cheong said the group's next launch will focus on a ... Read More
Hunza PICC CNY Open House is a festive crowd-puller
Hunza Properties Berhad successfully hosted the PICC CNY Open House - “Treasure Hunt”, transforming the PICC Sales Gallery into one of Penang’s liveliest Chinese New Year destinations. Over the course of 2 full days (21–22 February, 11AM–10PM), the event attracted overwhelming crowds, with families, young professionals, tourists, and festive enthusiasts ... Read More
First phase of infrastructure at Penang Technology Park @ Bertam completed
Infrastructure works at the 880-acre Penang Technology Park @ Bertam have reached a key milestone, with Phase 1 completed and Phase 2 now 85% finished as at February. The entire infrastructure rollout is on track for completion by June. Positioned as a strategic development in Seberang Perai Utara, the industrial ... Read More
Mutiara LRT Line: Butterworth to George Town in 8 minutes
Imagine crossing the Penang Strait in just eight minutes, a promise highlighted as the Penang Mutiara LRT Line enters its statutory public inspection phase and invites the public to examine the revised alignment connecting Butterworth to the heart of George Town. The Penang Mutiara LRT Line, a key component of ... Read More
George Town’s Clock Tower set for restoration under federal heritage fund
MBPP has received RM3.8 million in federal funding to implement nine new conservation and upgrade projects within the George Town UNESCO World Heritage Site. Approved in January 2026 under the Budget 2025 initiative and channelled through the Penang government by the National Heritage Department, the allocation aims to strengthen systematic ... Read More
SITE PROGRESS: Ari Altitude (Feb 2026)
About Ari Altitude An affordable condominium project by PTL Alpha Sdn. Bhd., a subsidiary of PTL Properties Sdn. Bhd., located in the well-established township of Alma, Bukit Mertajam. Situated along Jalan Santuari 3, less than 5 minutes drive from Lotus’s and AEON Mall via Jalan Rozhan and approximately 15 minutes ... Read More
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