Property News
Syntiant opens new manufacturing and AI R&D hub in Penang
A global provider of low-power artificial intelligence solutions, Syntiant Corp has officially opened its new manufacturing and research and development (R&D) campus at the Perai Industrial Zone, marking a major milestone in its expansion in Asia and reinforcing Malaysia’s role in advanced semiconductor and AI manufacturing. The new campus more ... Read More
Iconic Marjorie Penang officially opens
Iconic Penang Sdn Bhd ("Iconic Group") announced the grand opening of the Iconic Marjorie Penang on Saturday, a Tribute Portfolio Hotel and part of Marriott International's global portfolio, aiming to capitalize on the influx of tourists into Penang in conjunction with Visit Malaysia 2026. With a distinct design style inspired ... Read More
RM3mil allocated for 6 Taman Rekreasi Madani projects in Penang
Housing and Local Government Minister Nga Kor Ming has announced a RM3 million allocation for the development of 6 Taman Rekreasi Madani projects in Penang, aimed at enhancing community recreational facilities across the state. According to Nga, three of the parks will be located on Penang Island, while the remaining ... Read More
SkyGate strengthens industrial property presence in Penang
SkyGate Solutions Bhd has entered into an agreement to acquire a Penang-based property investment company as part of its strategy to expand its portfolio of income-generating industrial assets. The acquisition will see the group add an established industrial property located within the Perai Industrial Park, one of the state’s key ... Read More
One-way traffic plan proposed for Persiaran Bayan Indah to ease Queensbay congestion
A traffic rerouting plan is expected to be implemented this year along Persiaran Bayan Indah, the main road fronting Queensbay Mall, as part of broader traffic reorganisation efforts in the Queensbay area. According to a news report by the Chinese daily Kwong Wah Yit Poh, the existing two-way road will ... Read More
CEO Series 2026: Transport Connectivity Seen as Key Enabler of Property Growth
Transport infrastructure must be viewed not merely as a supporting service, but as a strategic economic enabler that directly shapes investment patterns, real estate demand and urban development outcomes, said Minister of Transport YB Loke Siew Fook at the CEO Series 2026. Delivering the morning keynote address, the minister said ... Read More
CEO Series 2026 Brings Leaders Together on Malaysia’s Economic Direction
REHDA Institute today convened its flagship CEO Series 2026, bringing together more than 400 senior decision-makers from government, finance, industry, academia and the international business community to discuss Malaysia and ASEAN’s economic outlook, investment priorities and human capital challenges for the year ahead. Held at Le Méridien Petaling Jaya, the ... Read More
SITE PROGRESS: Eden at Botanica CT (Jan 2026)
About Eden at Botanica CT Eden at Botanica CT is Penang’s First Integrated Senior Living Resort, situated near the town centre of Balik Pulau, which is at the Southwest of Penang Island and located 17 km away from the Penang International Airport. Nestled within the 300-acre Botanica.CT garden township which already ... Read More
More congestion likely as LRT works spread across Penang Island
Contractors involved in the Penang Mutiara Line Light Rail Transit (LRT) project have been instructed to implement continuous traffic mitigation measures to prevent severe congestion around construction sites as works intensify across the island. Transport Minister Anthony Loke Siew Fook said the directive comes amid rapid escalation of construction activities, ... Read More
Penang plans new walkable promenade along historic waterfront
Penang’s historic seafront stretching from Swettenham Pier Cruise Terminal (SPCT) to Tanjung City Marina (TCM) is set to undergo a major transformation under a long-term plan to create a commercial waterfront promenade, Transport Minister Anthony Loke Siew Fook said. Speaking after the launch of the Penang Port Commission’s 70th anniversary ... Read More
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