Property News

Advancing Penang2030: Progress and vision for a sustainable future
Penang is witnessing a significant stride towards its Penang2030 vision. A recent workshop held at the G Hotel showcased remarkable progress, with 280 projects aligned with the strategic initiatives of Penang2030 reaching completion, marking an impressive overall progress rate of 68%. Chief Minister Chow Kon Yeow, addressing the workshop, emphasized ... Read More

Penang LRT – Mutiara Line
The unveiling of the new Penang LRT Mutiara Line alignment marks a significant milestone in Penang's transportation infrastructure. Spanning 28 kilometers with 22 stations featuring overhead tracks, the line will offer direct access to the Penang International Airport and link with the Electric Train Service (ETS) at Butterworth, with KOMTAR ... Read More

Penang LRT project on track despite minor amendment
The construction of Mutiara Line, Penang's first light rail transit (LRT) project, will be according to schedule despite a minor amendment to the original plan. Mass Rapid Transit (MRT) Corp chief executive officer Datuk Mohd Zarif Hashim said everything would be carried out on time, adding that there is no ... Read More

Penang unveils IC design park plan in Bayan Lepas
Penang, already renowned for its industrial prowess, is poised to solidify its position in the global technology arena with the establishment of its own Integrated Circuit (IC) Design and Digital Park. Spanning a vast million square feet of prime office space, including the existing Innoplex building within the Bayan Lepas ... Read More

Successful flood mitigation projects in Taman Sentul Jaya
The implementation of various flood mitigation and infrastructure upgrading projects in Taman Sentul Jaya has successfully reduced the occurrence of flash floods that were previously frequent in the area. Chief Minister Y.A.B. Chow Kon Yeow stated that for this purpose, the Penang State Government has allocated approximately RM1 million to ... Read More

Bullish outlook for construction sector on job flows
The construction sector is expected to see a pick-up in job flows in the second half of this year (2H24), driven by infrastructure projects like the Penang light rail transit (LRT) and Mass Rapid Transit 3 (MRT3) in the Klang Valley. Coupled with the strong demand for industrial buildings such ... Read More

Temporary road closure for beam launching works along Lebuhraya Thean Teik
In light of the ongoing Air-Itam Bypass project, another temporary road closure is scheduled to take place from the 3rd to the 4th of May 2024, between the hours of 9pm and 5am. This closure is necessary to facilitate beam launching works along the Lebuhraya Thean Teik, specifically between Desa ... Read More

Iconic Worldwide keen to develop theme parks, resorts, townships
Iconic Worldwide Bhd is engaged in preliminary discussions with potential partners to develop mega townships and industrial projects throughout Malaysia. The group is also exploring avenues to establish resorts, villas, and theme parks, with the aim of bolstering tourism in Penang and leveraging the island's distinguished reputation as a top-tier ... Read More

Hartasuma, Doppelmayr ink Penang Hill cable car project deal
The Penang Hill cable car project is set to break ground in June and promises to elevate the tourist experience for the region, following the signing of a contract on Thursday. Hartasuma Sdn Bhd, a leading Malaysian homegrown pioneer in the local rail industry with almost 30 years of experience, ... Read More

My Ideal Home Photo Contest Winners Exhibition opens at 1st Avenue Penang
Ideal Property Group is excited to unveil the My Ideal Home Photo Contest Winners Exhibition at 1st Avenue Penang. This engaging three-month exhibition, which began last Saturday, is more than a showcase of award-winning photography—it is a celebration of the transformative properties of Ideal Property Group's real estate developments. Curated ... Read More
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RECENT COMMENTS
- just paid booking fee today ...Jordan on The Cube
- @Koja The cube is not near to seaside, which units have seaview? from the floor...Moon on The Cube
- @Debbie what special is the unit#8? ...Moon on The Cube
- I bet to see Aspen Agent hardselling their Zen in 2030. ...Islander on The Cube
- @SC It's at 10th floors now. The progress is even better than The Cube or...Hemsley on The Pier
- Is there any site progress review over here or somewhere ? or the development haven't...SC on The Pier
- @Hemsley 300k launch price appreciated to 400K for state unit, 1 carpark, progressive interest, lawyer...Joker on The Cube
- @LL very misleading. Zen 300k (1carpark) appreciated to 400k. That's the truth. actually not appreciated....Joker on The Cube
- @Hemsley try haarder ...Joker on The Cube
- this project is gonna be better if there is a pedestrian bridge to qbay ...LOL on One Mutiara
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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