Property News
Penang achieves 77.6% of affordable housing target under “Rumah MutiaraKu” programme
Penang Chief Minister Chow Kon Yeow announced that as of 31 October 2025, the state has completed 170,706 housing units under the "Rumah MutiaraKu" programme, achieving 77.59% of its overall affordable housing target. He said the state aims to deliver 220,000 affordable housing units by 2030, a goal supported by 17 ... Read More
Penang strengthens cultural landscape with opening of Lin Xiang Xiong Art Gallery
The state’s cultural, educational and tourism sectors received a significant boost with the launch of the Lin Xiang Xiong Art Gallery at The Light Waterfront, an initiative Chief Minister Chow Kon Yeow described as a milestone for Penang’s creative development. Speaking at the opening ceremony on Saturday, Chow said the ... Read More
Construction industry appeals for practical enforcement of lorry regulations
The Penang Master Builders (PMB) Association has appealed to the Road Transport Department (JPJ) to implement a flexible transitional mechanism for lorry load regulations, balancing enforcement objectives with practical industry needs. PMB President Dato' Goh Teng Whoo stated that while the Association fully supports the government's road safety initiatives, the ... Read More
CM confirms tunnel project not abandoned as technical review ongoing
The Penang undersea tunnel project is not abandoned, and remains an active initiative with ongoing study work, Chief Minister Chow Kon Yeow clarified at the state assembly on Friday. Responding to a supplementary question from Azmi Alang (PN–Telok Ayer Tawar), Chow said the state government recently received a detailed presentation ... Read More
Government drives digital reform in property sector with launch of PaymentXchange
Malaysia’s property sector is entering a new era of transparency and digital integration as the government accelerates the rollout of trusted digital infrastructure to strengthen compliance, governance and investor confidence. Deputy Finance Minister Lim Hui Ying said the Ministry of Finance is leading digital reforms to connect the entire property ... Read More
LPNPP calls for proposals to develop Rumah MutiaraKu in Butterworth
The Penang State Housing Board (Lembaga Perumahan Negeri Pulau Pinang, LPNPP) has invited qualified companies to submit proposals for the development of one replacement housing block (RMKu B2 type) on part of Lot 20087, Section 4, Butterworth, in the North Seberang Perai District. The Request for Proposal seeks submissions from ... Read More
Butterworth KTM Station set for major upgrade under RM30mil MOT plan
The Ministry of Transport (MOT) will upgrade the Butterworth Keretapi Tanah Melayu Berhad (KTMB) station near here with an allocation of RM30 million in an effort to turn Penang Sentral into the main transport hub in Seberang Perai. Its Minister, Anthony Loke, said it is a project under the Fifth ... Read More
Introducing the First High-Rise in Eco Sun, Batu Kawan
The highly anticipated first high-rise in Eco Sun marks an exciting new milestone for EcoWorld’s duduk series — a collection of contemporary homes designed to offer stylish, connected urban living. Located in Batu Kawan, Penang, this new residence takes centre stage within the vibrant Eco Sun township, offering residents the ... Read More
Mah Sing unveils M Cora mixed development near upcoming LRT Station
Mah Sing Group Berhad (Mah Sing) today announced plans for M Cora, a RM528 million gross development value (GDV) mixed development strategically located just 450 metres from the upcoming Mutiara LRT Line’s Bandar Sri Pinang Station. This prime site near Karpal Singh Drive offers seamless connectivity across Penang Island and ... Read More
Seaside pocket park to enrich Tanjong Bungah’s green landscape
The Penang State Government has approved the planning application by Lone Pine Residence Sdn. Bhd. for a proposed five-storey wellness suites project on Lot 4658, Tanjong Bungah. As part of the development conditions, the developer is also required to construct a public park — the Seaside Pocket Park — on ... Read More
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