In presenting the Malaysian Budget 2026, Prime Minister and Finance Minister Datuk Seri Anwar Ibrahim announced several strategic allocations and incentives aimed at supporting housing development, urban renewal, and property market resilience. Below are some key measures that directly and indirectly affect Penang’s property market: A flat stamp duty rate ... Read More

Mah Sing Group Berhad (Mah Sing) yesterday announced the grand opening of M Zenni’s sales gallery. It is Mah Sing’s latest freehold high-rise mixed development located in the vibrant township of Batu Maung, Penang. Strategically positioned at the gateway to the Penang Second Bridge, M Zenni offers residents the combination of ... Read More

Penang is set to experience years of traffic congestion as construction for the long-awaited Mutiara Line Light Rail Transit (LRT) project gets underway. The six-year project, aimed at improving the state’s public transport network, will bring major road diversions and closures along several of the island’s busiest routes. According to ... Read More

Ever wondered how much properties in your condominium or neighbourhood actually sold for? Not the asking price, not the estimation — but the real, transacted sub-sale prices with SPA signed and stamp duty paid. PenangPropertyTalk.com proudly introduces a brand-new feature — the Actual Transacted Property Prices in Penang, a powerful ... Read More

The Penang State Government has spent RM8.789 million from the Ministry of Works (KKR) allocation to carry out repair works on 16 high-risk slopes across the island. According to State Infrastructure, Transport and Digital Committee chairman Zairil Khir Johari, the amount marks an increase of RM4.921 million compared to 2024, ... Read More

Penang has taken another bold step in its digitalisation journey with the launch of the Virtual Island of Penang (VIP), a flagship initiative by the Penang Island City Council (MBPP) that aims to strengthen public service delivery and push the state closer to its goal of becoming a smart city ... Read More

The Mutiara Light Rail Transit (LRT) project in Bayan Lepas, now entering its construction phase, is poised to become a major catalyst for economic growth and public transport transformation in Penang, said State Infrastructure, Transport and Digital Committee chairman Zairil Khir Johari. He described the project as a “game-changing investment” ... Read More

Penang has taken another step forward in its hospitality sector yesterday with the official opening of The Millen Penang, the state’s first Autograph Collection hotel under Marriott International. Launched by Chief Minister Chow Kon Yeow, the development is seen as a significant marker of Penang’s appeal to international investors and operators ... Read More

In a bold move set to reshape the future of urban development, Asia Green has officially launched its Green Vision Rebranding, introducing a transformative strategy built around the groundbreaking “3+X” model — a new framework to guide the creation of smart, sustainable, and purpose-driven communities. This forward-thinking model integrates four ... Read More

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