Property News

Penang’s undersea tunnel project awaits port masterplan
The fate of Penang’s undersea tunnel project hinges on the comprehensive masterplan for the North Butterworth Container Terminal (NBCT), set to be finalised by the Penang Port Commission (PPC) by the year’s end. Zairil Khir Johari, chairman of the state Infrastructure, Transportation, and Digital Economy Committee, emphasised that the preservation of ... Read More

Penang LRT project is on track
The Penang light rail transit (LRT) project is on track to become a reality, the state legislative assembly heard on Tuesday. State Infrastructure Committee chairman Zairil Khir Johari said the project manager, Mass Rapid Transit Corporation Sdn Bhd (MRT Corp), has already called for a tender to appoint a consultant ... Read More

Housing prices in Penang aligned with economic trends
The rise in housing prices in Penang correlates with the growth in household income, Datuk Seri Sundarajoo Somu (PH-Perai) said. Replying to an oral question posed by Muhammad Fauzi Yusoff (PN-Sungai Dua) during the State Legislative Assembly yesterday, Sundarajoo, a first-term assemblyman, substantiated his claim with the data reported in the ... Read More

Seberang Jaya’s new market is set to open in August 2024
The long wait for a more conducive shopping ambience for market-goers in Seberang Jaya, Penang, will be finally over when the new Seberang Jaya Market and Hawker Centre opens to the public in August next year. Construction of the RM19.5mil building on a 5.05ha land in Jalan Tenggiri began in 2019 ... Read More

Penang’s first integrated senior living resort scheduled for 2026
Penang is set to have the first integrated senior living resort that will be built in Balik Pulau. It is scheduled to be fully completed in 2026. The 32-acre project, known as Eden at Botanica CT (EABC), will feature a nursing care residence and a low-density active living resort comprising ... Read More

SITE PROGRESS: Maldives Residences (Nov 2023)
About Maldives Residences A residential development by Ideal Property Group at Bayan Lepas. Strategically located along Jalan Sungai Tiram 6, just across the road from Havana Beach Residences. It is conveniently connected to Jalan Tun Dr Awang, less than 2km away from Penang International Airport. This development comprises 46-storey building with ... Read More

Enovix to open its silicon battery plant in Penang with a RM5.8 billion investment
Enovix Corporation, an advanced silicon battery company, will establish its first high-volume manufacturing facility in Penang, marking a significant milestone in the company's global expansion strategy. The company's investment plan was disclosed by Prime Minister Datuk Seri Anwar Ibrahim following a one-on-one meeting held on the sidelines of the Asia-Pacific ... Read More

Penang considers standardising plot ratio and density for housing development
In a bid to further stimulate the housing industry on the mainland, the Penang government is looking at standardising the plot ratio and density for housing development. At present, the plot ratio for development projects statewide, depending on the type of project and location, is between 2.8 and 3.5. A ... Read More

Urban Regeneration Project planned for Mahsuri Flats in Bayan Baru
Moving into a new home can be one of life’s greatest joys. K. Leelavathi has been living at Mahsuri Flats in Bayan Baru, Penang, since 1990 and is looking forward to moving into better housing. The flats have been slated as one of five urban regeneration projects (URP) in Penang ... Read More

PDC’s 54-Year significant contribution to livability and economic growth
Over the years, the Penang Development Corporation (PDC) has developed three satellite towns in Penang – Bayan Baru, Seberang Jaya and Bandar Cassia. Together with the Penang government, the corporation has been providing affordable homes to Penangites. Penang Chief Minister Chow Kon Yeow, who is also PDC chairman, said 18,783 ... Read More
Weekly Newsletter
Latest Projects
TODAY'S MOST READ
RECENT COMMENTS
- Is there any site progress review over here or somewhere ? or the development haven't...SC on The Pier
- @Hemsley 300k launch price appreciated to 400K for state unit, 1 carpark, progressive interest, lawyer...Joker on The Cube
- @LL very misleading. Zen 300k (1carpark) appreciated to 400k. That's the truth. actually not appreciated....Joker on The Cube
- @Hemsley try haarder ...Joker on The Cube
- this project is gonna be better if there is a pedestrian bridge to qbay ...LOL on One Mutiara
- It looks like they've reached the 17th floor based on the site progress photo from...BTW on Mertajam Heights
- @Superman 600k transaction available for the zen & 750k for Zen6. Please check actual transaction...Hemsley on The Cube
- Just Ask : Why no more further discussion? What happens to this project? sold...Asas on Hijauan Jernih
- @LL Zen is now only at 42xk . Try hard asiagreen agent. ...Superman on The Cube
- 480k a bit expensive. Zen was launched at 300k and appreciated 3x since then ...LL on The Cube
SHOW MORE COMMENTS
Latest Property News
OTHER DEVELOPMENTS
- Affordable Housing (Penang Island)
- Butterworth Arena
- Columbia Asia Medical Centre
- Eco-Tourism Hub @ Batu Kawan
- Escape Penang – Eco Theme Park
- GBS @ The Waterfront
- GBS by The Sea
- Gurney Wharf
- IKEA Batu Kawan
- Island Medical CIty
- Kobay Jelutong
- Lin Xiang Xiong Art Gallery
- Linear Waterfront
- Mitsui Outlet Park @ PIA
- One Auto Hub @ Batu Kawan
- Penang Arts District
- Penang Eastern Seafront Development
- Penang Medical & Digital Technology Hub
- Penang Premium Outlets (Design Village)
- Penang Sentral
- Penang South Islands
- Penang Transport Master Plan
- Penang Waterfront Convention Centre
- Penang World City
- PIA Expansion
- Silicon Island
- Teluk Bahang Wellness Resort
- The Ship Campus (ALC College)
- The Top @ Komtar
- Wellness City of Dreams