Property News
Penang home ownership outpaces Selangor, KL and Johor
Malaysia’s home ownership rate continued its upward trend in 2024, reflecting gradual improvement in household ownership across the country. According to the Department of Statistics Malaysia (DOSM), which released its report few days ago, about 78% of households lived in their own homes in 2024, up from 76% in 2022 ... Read More
SITE PROGRESS: Mertajam Heights (Dec 2025)
About Mertajam Heights A residential development in the heart of Bukit Mertajam. Strategically located along Jalan Ciku, immediately opposite Ng Yam Huat food court with an abundance of essential amenities within 2km radius. The development features a 21-storey apartment building that offers a total of 278 residential units and 4 ... Read More
MBPP rolls out Ops Payung to ease holiday traffic congestion
The Penang Island City Council (MBPP) has introduced a series of traffic management measures, including the implementation of “Ops Payung”, to ease congestion at major tourist hotspots during the year-end school holidays, Christmas and New Year celebrations. In a statement today, MBPP said Ops Payung will be enforced throughout the ... Read More
SITE PROGRESS: Taman Simpang Empat (Dec 2025)
About Taman Simpang Empat A low-density residential enclave within the SA Central freehold mixed-development by GUH Development Sdn. Bhd., located in Simpang Ampat. Comprising 61 units of 2-storey terrace homes with built-up areas starting from approximately 1,776 sq.ft., the development is designed to cater to modern family living. Strategically connected ... Read More
FIZ Phase 3 gate at Jalan Kampung Jawa to open until 11pm daily from 2026
In an effort to ease mounting traffic congestion in the Bayan Lepas and Bayan Baru areas, Majlis Bandaraya Pulau Pinang (MBPP) has announced an extension of the gate opening hours at Free Industrial Zone Phase 3 (FIZ 3) along Jalan Kampung Jawa. The announcement was made during a press conference ... Read More
Penang increases quit rent rebate to 50% for 2026
The Penang state government has announced an increase in the quit rent rebate rate for 2026 to 50%, up from the previously announced 32.5%. The move is intended to ease the financial burden on landowners while allowing the transition to the revised quit rent rates to be implemented in a ... Read More
MBPP Installs road barriers to ease traffic, netizens applaud move
The Penang Island City Council (MBPP) has taken firm steps to address traffic congestion along Jalan Burma by installing road barriers to prevent vehicles from stopping or waiting by the roadside. According to MBPP, the measures, implemented since June 1, include the installation of “No Stopping” signs, double yellow lines ... Read More
Public participation key to Penang’s State Structure Plan 2040
The Penang State Government has invited local residents and stakeholders to share their views and feedback to ensure that the Penang State Structure Plan 2040 (RSN2040) is formulated in a comprehensive, balanced and people-centric manner. Chief Minister Chow Kon Yeow said active community participation is crucial, as RSN2040 is not ... Read More
Developers and designers of tomorrow’s cities triumph at the 20th PropertyGuru Asia Property Awards Grand Final
The 20th edition of the PropertyGuru Asia Property Awards series has culminated in spectacular style at its Grand Final, distinguishing sublime real estate achievements across the region. After a landmark journey through 13 property markets, the 2025 PropertyGuru Asia Property Awards Grand Final set apart Asia’s outstanding developers, developments, and ... Read More
PropertyGuru Asia Real Estate Summit spotlights PropertyGuru Week 2025 with conversations on ‘Trusted Marketplaces and Thriving Communities’
The 11th edition of the PropertyGuru Asia Real Estate Summit (ARES 2025), supported by Sybarite Architects, highlighted PropertyGuru Week 2025 in the company of experts and industry leaders from across Asia Pacific. Also known as the thought leadership platform of PropertyGuru Group, ARES 2025 took over The Athenee Hotel, a ... Read More
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