Property News
EcoWorld posts record RM4.55bil sales as FY25 profits hit new high
Eco World Development Group Bhd (EcoWorld Malaysia) has closed its financial year ended Oct 31, 2025 (FY25) on a historic high, delivering record sales of RM4.55bil and its strongest-ever bottom line. The performance not only surpassed its RM3.5bil sales target but also paved the way for a higher FY26 target ... Read More
SITE PROGRESS: Orange Industrial Park (Dec 2025)
About Orange Industrial Park A light industrial park development by Tah Wah Group at Chain Ferry, Butterworth. Located near prime industrial areas in Prai, adjacent to Southern Pipe Industry (M) Sdn. Bhd. It is easily accessible via Jalan Chain Ferry, about 15 minutes drive from Penang Bridge. It features 38 double-storey semi-detached ... Read More
Penang calls for public feedback as RSN 2040 moves toward finalisation
Penang has launched the publicity and public participation phase for its long-term planning blueprint, the Penang Structure Plan 2040 (RSN 2040), marking an important step toward shaping the state’s future development. State executive councillor H’ng Chee Wey emphasised that active public participation is critical, noting that this stage allows stakeholders ... Read More
Malaysia’s property sector poised for a strong 2026 as developers hold steady
Malaysia’s property sector is entering 2026 with renewed optimism as developers report stable performances and maintain their sales targets for the year ahead. According to the news from The Star, the recently concluded 3Q25 results season showed that most major developers delivered earnings largely within expectations, reinforcing confidence that the ... Read More
Pesta Pulau Pinang marks its last year before LRT takes over
Pesta Pulau Pinang, a beloved year-end tradition for generations of Penangites, is taking place for the final time at its long-time home in Sungai Nibong. The month-long festival, running from now until January 10, marks the end of an era as the site will soon be handed over to MRT ... Read More
SITE PROGRESS: The Pier (Dec 2025)
About The Pier A mixed-development project by Asia Green Group in Bayan Mutiara, Penang, strategically located along Tun Dr. Lim Chong Eu Expressway near the Penang Bridge’s Bayan Lepas exit. Adjacent to The Zen development (formerly Zen 9), it comprises two residential towers—Tower A with 496 units and Tower B with ... Read More
Sunway Property Highlights Robust Homeownership Demand Following Nationwide Sales Campaign
Master Community Developer Sunway Property hits RM1 billion in bookings within 3 months of the launch of The BIG Deal campaign across Klang Valley, Johor, Penang & Ipoh. Alongside the sales achievement recorded, Sunway Property also discovered consumer preferences and demand in homeownership across Malaysia, signalling evolving homebuyer priorities in ... Read More
Majestic Gen expands Penang footprint with RM75mil Jalan Anson land deal
Majestic Gen Sdn Bhd has acquired three adjoining parcels of freehold land along Jalan Anson here for RM75 million. The developer acquired the land from Dynamic Gates Sdn Bhd, a special purpose vehicle under Paramount Corporation Bhd’s earlier securitisation exercise. In a statement today, Majestic Gen said the land, with ... Read More
Farlim Group expands Penang presence with RM160mil transit-oriented project
Farlim Group (Malaysia) Bhd is strengthening its presence in Penang with a new joint venture that supports the state’s growing shift toward transit-oriented development. Announced in a filing on Dec 2, 2025, the collaboration with Fortune Lander (M) Sdn Bhd will see the development of vacant freehold land in Mukim ... Read More
SITE PROGRESS: Mandarin Residence (Dec 2025)
About Mandarin Residence Affordable housing project by Focal Products Sdn. Bhd. in Farlim, at the junction of Jalan Teochew Satu and Jalan Thean Teik. It is right next to Hui Aun Apartment and just 1km from Sunshine Central. The development features a total of 646 residential units with 11 levels of car ... Read More
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