Property News
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
Columbia Asia opens its 13th hospital in Malaysia, bringing quality care to Batu Kawan
Healthcare accessibility in the rapidly evolving township of Batu Kawan takes a significant leap forward with the commencement of operations at Columbia Asia Hospital-Batu Kawan. This marks Columbia Asia’s 13th hospital in Malaysia, further strengthening its presence as a leading private healthcare provider in the country. Columbia Asia Hospital Batu ... Read More
Bank Negara cuts OPR to 2.75% in pre-emptive move to safeguard growth
Bank Negara Malaysia (BNM) has reduced the Overnight Policy Rate (OPR) by 25 basis points to 2.75%, marking its first rate cut in over a year. The central bank said the move is a proactive measure to support the country’s economic growth amid external uncertainties and moderate inflation. Following the ... Read More
SkyWorld acquires Batu Kawan land for affordable housing project
SkyWorld Development Bhd is set to expand its footprint in Penang with the acquisition of a 25.9-acre land parcel in Batu Kawan for RM48.51 million. The land, known as Parcel 1, is part of a 161.5-acre site in Bandar Cassia, Seberang Perai Selatan, earmarked for the development of Rumah Bakat ... Read More
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