Property News
Penang steps into a new digital era with next-gen e-Tanah system
Penang is gearing up for a major digital upgrade—this time in the world of land administration. The state officially signed its Public-Private Partnership (PPP) concession agreement for the new e-Tanah system today at the Islamic Arts Museum in Kuala Lumpur, marking a big leap forward in how land matters will ... Read More
Government reassesses 30-year threshold in Urban Renewal Bill
The government is taking another look at the proposed 30-year building age threshold under the Urban Renewal Bill, aiming to make sure the benchmark truly reflects what happens to buildings in the real world — not just on paper. Housing and Local Government Minister Nga Kor Ming said the review ... Read More
Mah Sing projects resilient property market, expands Penang footprint
Buoyed by a strong quarterly performance and strategic new land acquisitions, property developer Mah Sing Group Bhd expects the domestic property market to remain resilient into 2026. The group, which posted a 10.3% rise in net profit to RM66.3 million for the third quarter ended September 30, is bolstering its ... Read More
2026 Real Property Development Bill to expand and strengthen oversight
The Housing and Local Government Ministry plans to table the Real Property Development Bill in June 2026, marking a significant update to Malaysia’s regulatory framework for the property sector. According to Minister Nga Kor Ming, the proposed Bill will replace the long-standing Housing Development (Control and Licensing) Act 1966, offering ... Read More
SITE PROGRESS: Queens Residences 3 (Nov 2025)
About Queens Residences 3 The third phase of the Queens Waterfront development by Ideal Property Group (also known as Q3), situated near Queensbay in Penang. Positioned strategically on reclaimed seafront land directly opposite Queensbay Mall, it’s an expansion of the successful Q1 and Q2. The new phase of development will introduce another ... Read More
Penang to stop accepting new TLQ applications after Dec 31
Penang is tightening its rules on worker accommodation. Starting January 1 next year, the state government will stop accepting any new applications for Temporary Labour Quarters (TLQ). The focus will now shift toward helping existing operators transition to Centralised Labour Quarters (CLQ), which follow stricter standards set in the 2022 ... Read More
Penang Princess – Penang’s first luxury dining cruise set to sail in 2027
Penang is set to welcome a new addition to its waterfront offerings, with Malaysia’s first luxury dining cruise — the Penang Princess — targeted for completion and launch in 2027. The project moved a step closer after Ocean World Cruises Berhad signed an MoU with Viet Princess Cruiser Corporation, Vietnam ... Read More
413 Penang land lots forfeited over tax arrears in the past 5 years
The Penang State Government has forfeited 413 land lots across the state since 2020 after owners failed to settle outstanding land tax arrears. Chief Minister Chow Kon Yeow said Seberang Perai Selatan recorded the highest number of forfeited lots at 114, followed by Seberang Perai Utara (96), Barat Daya (76), ... Read More
Batu Kawan Kuang Yu Primary School reaches 85% completion
The new campus of SJK(C) Kuang Yu in Batu Kawan has achieved 85% completion, with roofing works expected to be finished within this week. The project will then proceed to road paving as construction teams push toward the final stages of development. According to the school’s building committee general affairs ... Read More
Air Itam–Tun Dr LCE bypass completion pushed to April 2027 following 2nd time extension
The completion date for the second package of the Air Itam–Tun Dr Lim Chong Eu Expressway (LCE) bypass has been pushed from next year to April 12, 2027, following the approval of a second extension of time (EOT). According to Guang Ming Daily, Penang Infrastructure Corporation (PIC) confirmed that the ... Read More
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