Property News
Olympic-Standard swimming pool in Jalan Betek reaches 43% completion
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
SITE PROGRESS: Savana @ Utropolis (July 2025)
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
Penang Durian Valley @ Relau set to become Malaysia’s premier durian R&D Hub
Penang is poised to make a mark in the world of agrotechnology and durian cultivation with the development of Penang Durian Valley @Relau, formerly known as Sedusun Tech Valley. The upcoming center will serve as a hub for durian-related research and development (R&D), education, branding, and agrotourism. The project, spearheaded ... Read More
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
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