Property News
Pay-per-use model eyed for future affordable housing projects
A new “pay-per-use” system for shared facility maintenance is being studied for future affordable housing developments, said Housing and Local Government Minister Nga Kor Ming. Speaking at the Kuala Lumpur Architecture Week (KLAW) 2025, Nga said the initiative is part of broader housing reforms aimed at improving equity in public ... Read More
New Kompleks Madani Teluk Kumbar to feature mini UTC
Prime Minister Datuk Seri Anwar Ibrahim has announced an allocation of RM5 million to implement several new basic infrastructure projects in the Southwest District of Penang, particularly in Teluk Kumbar. These projects are in addition to those already planned, and are aimed at addressing the pressing needs of local residents ... Read More
SkyWorld breaks ground on nation’s largest affordable housing project in Penang
SkyWorld Development Berhad (“SkyWorld”), Malaysia’s leading city developer, marked a significant milestone today with the groundbreaking ceremony in Seberang Jaya, officially commencing the development of the nation’s largest affordable housing project under the Rumah Bakat MADANI initiative. The event was officiated by Malaysia’s Prime Minister, YAB Dato’ Seri Utama Anwar ... Read More
Penang International Airport expansion to complete by June 2028
Malaysia Airports Holdings Bhd (MAHB) has reaffirmed its commitment to completing the long-anticipated expansion of Penang International Airport (PIA) by June 2028. Estimated at RM1.55 billion, the project is aimed at addressing long-term capacity constraints and elevating the overall passenger experience at one of the country’s busiest regional airports. The ... Read More
Younger Malaysians push for ban on racial discrimination in rental housing
A recent survey by a market research firm has revealed deep generational and ethnic divides on the issue of racial discrimination in Malaysia’s rental housing market. The findings suggest that while many Malaysians support regulation, views differ sharply on whether landlords should be allowed to select tenants based on race ... Read More
SITE PROGRESS: G’Vinton (July 2025)
About G'Vinton A serviced residence development by GSD Land in George Town. The project spans approximately 1 acre and is strategically positioned between Ambank and the NSTP building, offering convenient access to KOMTAR and Gurney Drive. The development will include 508 serviced suites, a nine-level car parking podium, and four shop ... Read More
Penang LRT project officially underway after years of delay
The long-awaited Penang Light Rail Transit (LRT) project has officially commenced following the issuance of a Notice to Proceed (NTP) by MRT Corp to Gamuda Bhd. According to a report by Free Malaysia Today, the notice was issued yesterday, allowing SRS Consortium—led by Gamuda with a 60% stake—to begin full-scale ... Read More
Culture meets innovation at Penang2030 Festival X Seberang Perai Heritage Day 2025
Thousands gathered at the scenic Kampung Agong in Penaga for the Penang2030 Festival X Seberang Perai Heritage Day 2025, a lively celebration that brought together the old and the new in a day filled with cultural charm and modern engagement. Held on Saturday from 2pm to 8pm, the event featured ... Read More
Legacy in the Making: PDCP’s Vision for a Modern, Heritage-Rich Penang
As Penang continues its transformation into a vibrant urban hub with global appeal, PDC Properties Sdn. Bhd. (PDCP) leads the way with thoughtful, community-driven developments. A wholly owned subsidiary of the Penang Development Corporation (PDC), PDCP is dedicated to delivering quality, innovative, and sustainable living spaces at attainable prices. From ... Read More
Ideal Property Group wins global recognition at FIABCI World Prix D’Excellence Awards 2025
Northern Malaysia’s leading property developer, Ideal Property Group, has secured the prestigious gold award at the FIABCI World Prix D’Excellence Awards 2025 for its innovative Greek-inspired affordable housing development- I-Santorini, establishing the company as an internationally recognized leader in quality housing development. Prestigious International Recognition The FIABCI World Prix D’Excellence ... Read More
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