Hunza Properties Bhd is spearheading Penang’s first urban renewal project—an ambitious RM600 million redevelopment of the Mahsuri Flats in Bayan Baru—without requiring a single resident to vacate their home during construction. This pioneering approach sets a new benchmark for community-first development in Malaysia. Located on a 2.6-hectare site directly across ... Read More

Fort Cornwallis, one of Penang’s most iconic historical landmarks, is undergoing a major revival with the near completion of its moat restoration project. Spearheaded by the Penang government with support from Think City and Yayasan Hasanah, the initiative marks a significant step in preserving and enhancing the site’s heritage and ... Read More

About Ari Altitude An affordable condominium project by PTL Alpha Sdn. Bhd., a subsidiary of PTL Properties Sdn. Bhd., located in the well-established township of Alma, Bukit Mertajam. Situated along Jalan Santuari 3, less than 5 minutes drive from Lotus’s and AEON Mall via Jalan Rozhan and approximately 15 minutes ... Read More

The proposed Penang undersea tunnel remains a relevant solution to alleviate congestion on the first Penang bridge, according to state infrastructure, transport and digital committee chairman Zairil Khir Johari. Speaking at the state legislative assembly, Zairil said the tunnel would help reduce traffic flow in both directions on the bridge ... Read More

The Penang International Airport (PIA) expansion project is progressing steadily, with Phase One expected to be completed by the end of this year. As of now, construction work has reached nearly 38% completion. State Infrastructure, Transport and Digital Committee chairman Zairil Khir Johari announced that Work Package 1 (WP1) has ... Read More

Consumers and industry stakeholders have voiced strong support for the proposed Real Property Development Act (RPDA), urging the government to clearly define mixed developments and extend legal safeguards to protect buyers of commercial properties like Soho, Sofo, and Sovo. Currently, these types of developments fall outside the scope of the ... Read More

Asia Green Group proudly announces the successful culmination of its Buy & Win campaign, a highlight of the recent Chinese New Year celebrations. This exciting milestone coincides with the prestigious Gold rating for Green Building awarded to The Pier—a flagship development that reflects Asia Green’s mission to create meaningful, sustainable ... Read More

Penang may soon welcome a new marina capable of hosting large vessels and superyachts, as the state seeks to attract more high-end maritime visitors and avoid being sidelined by better-equipped destinations. Chief Minister Chow Kon Yeow recently announced that the state government has approved a section of the sea off ... Read More

Global automotive technology company Trensor Co. Ltd has chosen Penang as its strategic base for Southeast Asia, marking a significant step forward with the groundbreaking of its first regional manufacturing facility at Penang Technology Park@Bertam. The RM100 million investment will see the development of a four-storey, 10,000-square-metre plant dedicated to ... Read More

Malaysia’s economy grew 4.4% in the first quarter of 2025, supported by resilient household spending, a firm labour market, and steady export performance, Bank Negara Malaysia (BNM) announced today. The figure confirms earlier estimates, though it reflects slight moderation from the previous quarter. Private consumption remained a key driver, expanding ... Read More