Property News
Cititel Penang put up for sale at RM163 million
The four-star Cititel Penang, a 19-storey hotel along Penang Road in George Town, has been put up for sale at an asking price of RM163 million through an expression of interest (EOI) exercise. The hotel occupies three freehold parcels, Lots 832, 833 and 834, with a combined land area of ... Read More
SITE PROGRESS: Merione Residences (Sept 2026)
About Merione Residences Merione Residences is a freehold waterfront residential development by IJM Land located within The Light City in Gelugor, Penang. Situated above Merione Grand at The Light Waterfront, the development comprises 145 low-density units with built-up areas from 1,055 sq ft, featuring three-bedroom layouts and private balconies. Residents ... Read More
Setia Fontaines Heritage Park officially opens in Kepala Batas
Setia Fontaines Heritage Park, a new 100-acre recreational and tourism attraction in Seberang Perai Utara (SPU), was officially opened today by the Yang Dipertua Negeri Pulau Pinang, Tun Ramli Ngah Talib. Developed by SP Setia Berhad, the modern recreational park is positioned as a new family-oriented destination in Kepala Batas, ... Read More
SITE PROGRESS: The Cube (Sept 2026)
About The Cube The Cube is an affordable housing development by Morning Dew Development Sdn. Bhd. located along Lorong Perak in Jelutong, Penang. Situated on approximately 2 acres of freehold land, the development comprises a 38-storey residential tower with 349 units, ranging from 850 sq ft to 1,000 sq ft. The ... Read More
PTT Synergy acquires 3.925ha freehold land in Seberang Perai Selatan
PTT Synergy Group Bhd is acquiring a 3.925-hectare parcel of freehold land in Seberang Perai Selatan, Penang, for RM62.53 million. The industrial construction and automated logistics company said its wholly owned subsidiary, PTT Logistics Hub 3 Sdn Bhd, has entered into a sale and purchase agreement with Lee Mooi Khean ... Read More
RM1.9b invested as Silicon Island reclamation surpasses 480 acres
The Silicon Island development in Penang has reached another milestone, with more than 480 acres of land reclaimed as the 2,300-acre project enters its fourth year of development. Pulau Tikus assemblyman Joshua Woo Sze Zeng said the project, which began reclamation works in September 2023, had attracted RM1.9 billion in ... Read More
Pesta Pulau Pinang returns in December at Tasek Gelugor
Pesta Pulau Pinang will return this December at a new location, as the former Sungai Nibong grounds make way for the development of the Mutiara Line light rail transit (LRT) and a future transit-oriented development (TOD). Penang Chief Minister Chow Kon Yeow said this year’s month-long Pesta Pulau Pinang will ... Read More
PDC offers 15.81-acre Batu Kawan land for commercial development
The Penang Development Corporation (PDC) is inviting proposals from companies interested in acquiring 15.81 acres of development land along Jalan Batu Kawan in Seberang Perai Selatan, Penang, for commercial purposes. According to PDC’s proposal document, the site measures approximately 688,527 sq ft and carries a reserve price of RM75 per ... Read More
Jeffrey Cheah donation restores one of Southeast Asia’s oldest sikh temples
Sunway Group founder and chairman Tan Sri Dato’ Seri Sir Dr Jeffrey Cheah KBE AO has donated RM1 million towards the restoration of Wadda Gurdwara Sahib Penang, the oldest Gurdwara in Malaysia and historically largest Sikh temple in Southeast Asia. The contribution helped complete a RM6.1 million conservation project to ... Read More
Chung Shan Primary School eyes Bukit Ayun for Relocation
Chung Shan Primary School in Bayan Lepas has identified a parcel of land in Bukit Ayun as the proposed site for its relocation, with construction of a new school campus potentially beginning next year if the necessary arrangements proceed as planned. According to the school’s board chairman Tan Lai Ting, ... Read More
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