Property News
SITE PROGRESS: The Meg @ Andaman (Mar 2026)
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
New parking facility at Gurney Bay to open March 18
Visitors heading to Gurney Bay will soon have easier access to the popular waterfront destination with the opening of a new parking facility on March 18. The additional parking spaces are part of the ongoing Phase 2 development of Gurney Bay, aimed at improving convenience and accessibility for both locals ... Read More
Home renovation rules set to be standardised nationwide
The government has agreed to standardise application procedures and technical requirements for renovation works involving residential and commercial premises nationwide. The Housing and Local Government Ministry said the National Council for Local Government (MNKT) approved the guidelines regarding the matter at its 87th meeting on Thursday (March 12), chaired by ... Read More
Penang allocates 10 acres in Batu Kawan for ATE campus
Penang has set aside 10 acres of land in Batu Kawan, valued at approximately RM40 million, for the development of a new Automation, Test and Equipment (ATE) Campus aimed at strengthening the state’s semiconductor ecosystem. The initiative is part of a broader effort to bring together local and international companies ... Read More
SITE PROGRESS: Ayana Residence (Mar 2026)
About Ayana Residence Ayana Residence is a contemporary residential development strategically located in Teluk Air Tawar, within an established and steadily growing neighbourhood on Penang’s mainland. This project is nearing completion and is anticipated to receive its Certificate of Completion and Compliance (CCC) this year, giving buyers assurance that their ... Read More
26-acre reclaimed waterfront land near Gurney Drive reportedly up for sale
A prime parcel of reclaimed waterfront land near Gurney Drive has recently surfaced in the market, drawing attention from property observers and industry insiders. The site, measuring approximately 26 acres, is reportedly being marketed for sale by property agents as a potential large-scale mixed development opportunity in one of Penang ... Read More
Proposed Jelutong landfill rehabilitation project faces EIA hurdle
The Penang state government will discuss with the relevant authorities following reports that the Environmental Impact Assessment (EIA) for the proposed Jelutong landfill rehabilitation and reclamation project has been rejected by the Department of Environment (DOE). Chief Minister Chow Kon Yeow said he was not aware of the rejection reflected ... Read More
Penang addressing land acquisition and resettlement for Mutiara Line LRT project
The Penang state government is currently focusing on land acquisition and the resettlement of residents affected by the implementation of the Mutiara Line Light Rail Transit (LRT) project. Chief Minister Chow Kon Yeow said work related to the project is progressing according to schedule, with the state government responsible for ... Read More
HGD breaks ground on Balik Pulau Commercial Centre
Heng Guan Development (HGD) has officially broken ground on the Balik Pulau Commercial Centre (BPCC), a boutique commercial project located within the Balik Pulau township on Penang Island. The development comprises 13 units of two-storey shop offices with built-up areas ranging from 2,800 sq ft to 3,802 sq ft. Built ... Read More
E&O 3Q profit surges 105% to RM63.5mil on strong property sales
Eastern & Oriental Bhd (E&O) reported a 105.6% year-on-year increase in net profit attributable to owners of the parent to RM63.51 million for the third quarter ended Dec 31, 2025 (3QFY2026), compared with RM30.90 million a year earlier. Revenue for the quarter rose 45.4% to RM243.92 million, from RM167.74 million ... Read More
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- @Ragebait You're right. It's common sense. It's up to condo management to handle it. The...Bin on The Meg @ Andaman Island
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