Property News
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
Penang Island–Mainland LRT link proposal opens for public inspection from 24 Feb
Malaysia Rapid Transit Corporation Sdn Bhd (MRT Corp) has launched a three-month Public Inspection exercise for the Revised Railway Scheme of the Penang LRT Mutiara Line, marking a significant milestone in the state’s rail connectivity plans. Running from 24 February to 24 May 2026, the Public Inspection allows members of ... Read More
Jesselton Courtyard celebrates the opening of its new sales gallery in Jesselton Selatan
The official launch was held on Friday, 6 February 2026, at the new Sales Gallery located at No. 2, Persiaran Jesselton Selatan, Penang, marking the opening of a dedicated space designed to provide visitors with a complete and immersive experience of Jesselton Courtyard. With the opening of the Sales Gallery, ... Read More
GSD Land takes control of Bayan Mutiara reclamation project from Seal Inc
Seal Incorporated Bhd is relinquishing control of its 31.5-acre reclamation project in Bayan Mutiara, in a strategic move to reduce financial risk and ease funding pressure associated with the project’s long gestation period. Under a proposed collaboration, Titanium Greenview Sdn Bhd, a wholly owned unit of GSD Land (M) Sdn ... Read More
Silicon Island Master Plan includes new state administrative hub
Land has been set aside within the overall master plan of Silicon Island for the development of a future state administrative centre, which is currently at the preliminary conceptual and design stage. The plan has been presented to the board of Penang Infrastructure Corporation. Reclamation works on Silicon Island are ... Read More
Chinese New Year 2026 Events & Roadshows
Wishing you a prosperous and joyful Chinese New Year 2026! Gallop into the Year of the Horse with renewed energy, success, and happiness. Celebrate cherished moments with loved ones and make this Lunar New Year truly unforgettable with exclusive festive offers ... Read More
STARK Development initiates and sponsors “Gloves of Hope” boxing programme for orphanage youth
STARK Development Sdn Bhd has launched Gloves of Hope, a boxing sponsorship and development programme for children and youth from orphanage homes, in a bid to nurture talent and build confidence, discipline and resilience. The programme is executed and organised by Octagon Asia MMA in collaboration with BePro, leveraging their expertise in professional ... Read More
Weld Quay Waterfront Development RFP officially launched
The Penang government has officially launched a Request for Proposal (RFP) for the highly anticipated Weld Quay Waterfront Development, inviting industry players to participate in shaping one of the island’s most strategic waterfront sites. The RFP, called by Penang Development Corporation (PDC), closes at 12pm on March 30, with a ... Read More
PIL approved under RMK13 and Bayan Lepas-Teluk Kumbar road upgrade moves forward
The proposed Pan Island Link (PIL) highway project in Penang has entered the preliminary stage, with the Works Ministry (KKR) set to commence a feasibility study following its approval under Rolling Plan 1 (RP1) of the 13th Malaysia Plan (RMK13). Penang Chief Minister Chow Kon Yeow, in a parliamentary reply ... Read More
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