The Penang Hill Cable Car project is set to move into its implementation phase, following the signing of a RM367 million financing agreement between Hartasuma Ropeways Sdn Bhd and Bank Pembangunan Malaysia Berhad (BPMB). The new cable car system is intended to supplement the century-old funicular railway, not replace it, ... Read More

The long-awaited upgrade of Jalan Teluk Kumbar from a two-lane to a four-lane carriageway is expected to significantly reduce traffic congestion in Penang’s Southwest District, especially during peak hours. Penang State Executive Councillor for Infrastructure, Transport and Digital, Zairil Khir Johari, stated that the project has received initial approval from ... Read More

Paramount Property today officially launched Paramount Embun Hills at its sales gallery in Icon City, Bukit Mertajam, marking its third property development in Penang. The 69.2-acre freehold, gated-and-guarded township in Bukit Mertajam features residential, recreational and commercial spaces that foster sustainable community development. The launch was officiated by the Chief ... Read More

AmBank Group, through its Islamic banking arm AmBank Islamic Bhd, has extended RM222.8 million in financing to Suling Hill Development Sdn Bhd for the development of Northern TechValley @ BKE — a 175.6-acre freehold green industrial park in Seberang Perai Tengah, Penang. Suling Hill Development is a 50:50 joint venture ... Read More

Penang has taken another major stride in its journey to become a regional hub for high-value investments and digital innovation with the launch of GBS By The Sea, a RM296 million purpose-built facility under the Penang Development Corporation’s (PDC) Global Business Services (GBS) initiative. Located in the Technoplex zone of ... Read More

The federal government, in collaboration with state authorities and private developers, will build one million affordable housing units between 2026 and 2035. Prime Minister Datuk Seri Anwar Ibrahim made the announcement while tabling the 13th Malaysia Plan (13MP) in the Dewan Rakyat. The large-scale housing initiative aims to improve access ... Read More

Paramount Corp Bhd is set to strengthen its presence in Penang with the acquisition of an 18.97-acre freehold parcel in Bandar Cassia from Penang Development Corporation for RM57.841 million. Located near its existing Utropolis Batu Kawan development, the site is poised for a mixed-use project comprising serviced apartments, semi-detached townhouses, ... Read More

A key handover ceremony was held last Saturday to celebrate the completion and delivery of Phase 1 and 2 homes of the Taman Cassia Cempaka residential development in Bandar Cassia, Batu Kawan. The event, hosted by developer PDC Properties Sdn. Bhd., marked a significant milestone for new homeowners as they ... Read More

The construction of a new Olympic-standard swimming pool in Jalan Betek has reached 43% progress and is on track for completion by April next year. Penang State Exco for Youth, Sports and Health, Daniel Gooi Zi Sen, shared that the high-impact project is funded with RM3.6 million from the Seberang ... Read More

About Savana @ Utropolis This is the fourth phase of Paramount Property’s Utropolis development at Batu Kawan. Located along Jalan Cassia Barat 2, adjacent to Sensasi and Sinaran Residences. It is less than 5 minutes’ walking distance to Design Village outlet mall and UOW MALAYSIA KDU Penang University College, with easy ... Read More