Property News
MBSP to act against property tax defaulters from Oct 6
Property owners in Seberang Perai who have yet to settle their second quarter 2025 assessment tax will face enforcement action starting Oct 6. Mayor Dato’ Haji Baderul Amin bin Abdul Hamid said defaulters risk having their movable assets seized if payment is not made promptly. “Owners are urged to make ... Read More
Bukit Mertajam Hospital to expand on former resthouse site
The Bukit Mertajam Hospital (HBM) will expand its facilities with the addition of a new wing on land formerly occupied by the abandoned Bukit Mertajam Resthouse. The Penang government has approved the concession of the 3.2ha site, located across the road from the hospital, to address rising healthcare needs. Human ... Read More
SITE PROGRESS: Mertajam Heights (Sep 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
69-Storey Westin Residences launches in Penang with 75% take-up
Penang’s real estate sector reached a new milestone today with the official launch of the 69-storey Westin Residences Penang -- the tallest residential building in northern Malaysia, designed with an earthquake-resistant structure. The launch was officiated by the Raja Muda of Perlis, Tuanku Syed Faizuddin Putra Jamalullail -- who is ... Read More
Malaysia’s housing market faces subdued outlook amid unsold affordable homes
Malaysia’s housing market remained sluggish in the first half of 2025, weighed down by unsold affordable homes and weakening developer confidence, according to the Real Estate and Housing Developers’ Association (Rehda). At the release of its Property Industry Survey for 1H2025 and Market Outlook for 2H2025 and 1H2026, Rehda highlighted ... Read More
Penang’s new initiative to free strata housing areas from abandoned car
Penang has become the first state in Malaysia to launch a community-driven initiative aimed at addressing the long-standing issue of abandoned vehicles in high-rise residential areas. The programme, known as Skim Strata Bebas Kenderaan Usang, was officially rolled out at Flat Turnkey Sri Pinang and jointly officiated by Transport Minister ... Read More
Developers warn SST could push property prices up by 5%
The sales and service tax (SST) is emerging as a major concern for property developers, with more than 70% planning to raise property prices by 3% to 5% due to higher costs, according to a survey by the Real Estate and Housing Developers’ Association (Rehda) Malaysia. The survey, which covered ... Read More
Penang gazettes new quit rent rates effective 2026
The Penang government has officially gazetted revised quit rent tax rates for the entire state, marking the first adjustment in more than three decades. The new rates, published in the Penang Government Gazette No. 37 on September 11, will come into effect on January 1, 2026. Chief Minister Chow Kon ... Read More
Esra Residences @ IJM Bayouri
Esra Residences marks the continuation of the landed residential component within IJM Bayouri, a 70-acre freehold township development by Chen Yu Land Sdn. Bhd., a subsidiary of IJM Land, in Nibong Tebal. Following the introduction of Ayra Terraces, Esra Residences expands the range of homes offered within the township, which ... Read More
Penang redraws urban map after six decades, declares 25 new towns
Penang has redrawn its urban map for the first time in nearly 60 years, declaring 25 new towns and expanding the boundaries of 10 existing ones to reflect the state’s transformation from agricultural landscapes into thriving city hubs. The sweeping amendment, gazetted on Sept 4, impacts more than 210,000 land ... Read More
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