Property News
No property bubble as transactions set to exceed RM250bil
Malaysia’s property market continues to expand at a steady and sustainable pace, with total transaction value projected to exceed RM250 billion this year, according to Housing and Local Government Minister Nga Kor Ming. Nga said the market has recorded consistent growth over the past three years, with transaction values rising ... Read More
SITE PROGRESS: Foreshore Residence (Feb 2026)
About Foreshore Residence A mixed development by Tanjung Villa Development Sdn. Bhd. (a subsidiary of Tah Wah Group) in the heart of George Town. Strategically located along Tun Dr. Lim Chong Eu Expressway, adjacent to Sandilands Condominium. It is only about 5 minutes drive to Penang Bridge, with an abundance of ... Read More
SkyWorld – Setting New Benchmarks in Urban and Affordable Housing
Founded on a single, unwavering vision – “Always Best City Developer” – and guided by its purpose to “Make Living Better”, SkyWorld Development Berhad (“SkyWorld”) is a forward-thinking urban property developer dedicated to shaping inclusive, well-designed city communities. Since its inception, SkyWorld has built a strong reputation for delivering innovative ... Read More
Year of the Horse with a Home at M Zenni by Mah Sing
M Zenni by Mah Sing Group offers opportunity to own a freehold residence with low-density community of only 494 units and is thoughtfully designed for modern families and discerning homeowners. Since its launch, M Zenni has received strong market response, with many units already sold, reflecting high buyer confidence in ... Read More
EcoFirst acquires two freehold land parcels in Penang for RM45mil
EcoFirst Consolidated Bhd has announced the acquisition of two freehold land parcels on Penang Island for a total consideration of RM45 million, as part of its strategy to expand its development pipeline and diversify earnings beyond the Klang Valley. In a filing with Bursa Malaysia, the group said the properties, ... Read More
SkyWorld makes Penang debut with opening of SkyWorld Gallery @ Seberang Jaya
SkyWorld Development Berhad (“SkyWorld”) marked a significant milestone in its northern expansion with the official opening of its first sales gallery in Penang, SkyWorld Gallery @ Seberang Jaya. The launch also introduced SkyWorld’s PPVC (Prefabricated Prefinished Volumetric Construction) Experience Centre and Satellite Quality Centre to the region, reinforcing the city ... Read More
Sri Bayu and Quinton affordable housing projects resume after long delay
Two long-stalled Rumah MutiaraKu (RMKu) housing projects in Balik Pulau are set for revival, offering long-awaited relief to more than 500 homebuyers affected by years of delay. The projects, Pangsapuri Sri Bayu and Pangsapuri Quinton, involve a combined total of 625 units and had been abandoned for about seven years ... Read More
MARC Residence showcases move-in ready homes ahead of CNY
MARC Residence & Serviced Apartment is a completed project located along the main road of Jalan Song Ban Kheng, Bukit Mertajam, offering a combination of serviced apartment and condominium units. MARC designed with a modern residential concept, the project focuses on practical layouts, efficient space planning and everyday live ability ... Read More
PDC calls RFP for Linear Waterfront development from Queensbay to Penang 2nd Bridge
The Penang Development Corporation (PDC) has officially issued a Request for Proposal (RFP) for Linear Waterfront development involving land reclamation and land development along the Penang Island southern coastline, marking one of the most significant coastal development initiatives in recent years The proposed development corridor stretches from the Queensbay Roundabout (Bulatan ... Read More
Penang International Financial Centre still at exploratory stage
The Penang state government has clarified that the proposed Penang International Financial Centre (PIFC) remains a long-term aspiration, with no decisions finalised to date, including the location of any designated PIFC zone. In a statement responding to remarks by Bagan Member of Parliament Lim Guan Eng, the state government said ... Read More
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