Property News
Clear definition of affordable housing urged to align supply with demand
The National House Buyers Association (HBA) has called for a clearer definition of "affordable housing" in Malaysia, stressing that homes priced as high as RM500,000 should not be considered affordable. Datuk Chang Kim Loong, the HBA’s Honorary Secretary-General, stated that true affordable housing must address the needs of households earning ... Read More
MBPP land near Sungai Dua proposed for redevelopment
The Penang Island City Council (MBPP) has proposed constructing a new administration building at Jalan Sungai Dua, near the Sungai Nibong Bus Terminal (TSN). MBPP mayor Datuk A. Rajendran said this during the monthly MBPP meeting at City Hall, attended by MBPP councillors, various heads of department, and other important stakeholders ... Read More
SITE PROGRESS: Savana @ Utropolis (Oct 2024)
About Savana @ Utropolis This is the fourth phase of Paramount Property’s Utropolis development at Batu Kawan. Located along Jalan Cassia Barat 2, adjacent to Sensasi and Sinaran Residences. It is less than 5 minutes’ walking distance to Design Village outlet mall and UOW MALAYSIA KDU Penang University College, with easy ... Read More
MBSP reminds landowners of strict enforcement on unauthorized development
The Seberang Perai City Council (MBSP) is taking strict action against landowners who proceed with development projects without obtaining the necessary planning approvals. MBSP Mayor, Dato’ Baderul Amin Abdul Hamid, emphasized that MBSP recently prosecuted a landowner who was operating a car wash facility without proper authorization. On October 24, ... Read More
Diverse achievements celebrated in 11th PropertyGuru Asia Awards Malaysia in partnership with iProperty
The 11th PropertyGuru Asia Awards Malaysia, in partnership with iProperty, took center stage at The St. Regis Kuala Lumpur to celebrate Malaysia's most exemplary real estate developers. With 58 categories covering a wide array of property developments and initiatives, the event brought together industry experts, property seekers, and thought leaders ... Read More
Northern TechValley @ BKE launched as Penang’s new high-tech hub
The launch of Northern TechValley@BKE marks a transformative step in Penang’s industrial landscape. Officially unveiled today, this 176-acre industrial park aims to strengthen Penang’s reputation as a hub for high-tech manufacturing and innovation. The project, developed by Suling Hill Development—a joint venture between AME Elite Consortium Berhad and Majestic Gen—has ... Read More
SITE PROGRESS: Terraces Condominium (Oct 2024)
About Terraces Condominium A highrise residential development by IJM Land at Bukit Jambul, Penang. Strategically located on 9.32 acres of land next to INTI International College. It comprises a 34-storey condominium tower, featuring 410 residential units with two different design types to choose from. *Photo taken in Sept 2024 Find out ... Read More
MKS Instruments invests US$100m in Penang super centre factory
MKS Instruments Inc (MKS), a global technology solutions provider, is investing US$100 million to establish aa super centre factory in Batu Kawan. This facility will support wafer fabrication equipment production for regional and global markets. MKS Executive Vice-President David Henry announced that the factory will be developed in three phases, ... Read More
Several locations considered for Penang’s LRT groundbreaking ceremony in December
The project developer, Mass Rapid Transit Corp Sdn Bhd (MRT Corp), is currently considering a few locations for the groundbreaking ceremony of Penang’s highly anticipated Light Rail Transit (LRT) project. State Infrastructure, Transport and Digital Committee chairman Zairil Khir Johari said the much-awaited groundbreaking event is scheduled to take place at ... Read More
Ascott and VST to develop luxury beachfront residences in Batu Ferringhi
Singaporean real estate and lodging company, The Ascott Ltd, is joining forces with Instant Icon Sdn Bhd (VST Property Group) to develop Ascott Residences Batu Ferringhi Penang. This upscale seafront development is expected to open its doors to residents in January 2028. Set to elevate Penang’s luxury living landscape, the ... Read More
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OTHER DEVELOPMENTS
- Affordable Housing (Penang Island)
- Butterworth Arena
- Columbia Asia Medical Centre
- Eco-Tourism Hub @ Batu Kawan
- Escape Penang – Eco Theme Park
- GBS @ The Waterfront
- GBS by The Sea
- Gurney Wharf
- IKEA Batu Kawan
- Island Medical CIty
- Kobay Jelutong
- Lin Xiang Xiong Art Gallery
- Linear Waterfront
- Mitsui Outlet Park @ PIA
- One Auto Hub @ Batu Kawan
- Penang Arts District
- Penang Eastern Seafront Development
- Penang Medical & Digital Technology Hub
- Penang Premium Outlets (Design Village)
- Penang Sentral
- Penang South Islands
- Penang Transport Master Plan
- Penang Waterfront Convention Centre
- Penang World City
- PIA Expansion
- Silicon Island
- Teluk Bahang Wellness Resort
- The Ship Campus (ALC College)
- The Top @ Komtar
- Wellness City of Dreams
