fbpx

Property News

pifc-proposal

Penang International Financial Centre: A game-changer for Malaysia’s economy

The Penang government has formally requested the Federal Government’s support for the establishment of the Penang International Financial Centre (PIFC), an initiative aimed at enhancing Malaysia’s global financial and industrial presence. A letter detailing the state’s commitment to the project was submitted to Prime Minister Datuk Seri Anwar Ibrahim on ... Read More
pm-penang-development-projects

PM urges swift action on Penang development projects

Prime Minister Datuk Seri Anwar Ibrahim has expressed hope that every ministry and agency will pay special attention and act swiftly to ensure the smooth planning and execution of projects in Penang effectively. In a Facebook post, Anwar said these development initiatives are crucial for improving the well-being of the ... Read More
lightwater-residences-site-progress-march-2025

SITE PROGRESS: Lightwater Residences (Mar 2025)

About Lightwater Residences (Mar 2025) The second residential project at The Light City by IJM Perennial Development Sdn. Bhd. features two 34-story towers with 262 freehold luxury homes, each equipped with a private lift. Located near the Penang Bridge and adjacent to The Waterfront Shoppes, unit sizes range from 1,324 ... Read More
quinton-sri-bayu-delay

Penang Government steps in to resolve delays in Quinton and Sri Bayu affordable housing projects

The Penang State Government is actively addressing delays affecting the affordable housing, also known as Rumah MutiaraKu (RMKu) projects at Quinton and Sri Bayu to safeguard the interests of homebuyers. Since taking office, Penang State EXCO for Housing, Dato Seri Sundarajoo Somu, has received numerous complaints regarding the setbacks faced ... Read More
metrioplace-batu-kawan-site-progress-mar-2025-1

SITE PROGRESS: Metrioplace @ Batu Kawan (Mar 2025)

About Metrioplace @ Batu Kawan Metrioplace @ Batu Kawan is a dynamic commercial hub by Metrio Group, offering approximately 20 customizable retail spaces across 7 primary units. With an average unit size of 1,700 sq. ft., it caters to cafes, restaurants, and boutique shops. Strategically located near high-traffic landmarks like ... Read More
Penang-LRT-start-q32025

Construction of Penang LRT Mutiara Line set to begin in Q3 2025

The physical construction of the Light Rail Transit (LRT) Mutiara Line in Penang is expected to commence in the third quarter of this year. Chief Minister Y.A.B. Tuan Chow Kon Yeow expressed confidence in the project's progress following an update presented at the State Executive Council (Majlis Mesyuarat Kerajaan - ... Read More
chargesini-penang

Penang targets 600 EV charging bays by 2025

Penang is accelerating its transition towards electric vehicle (EV) infrastructure by setting an ambitious target of installing 600 electric vehicle charging bays (EVCBs) by the end of 2025. The initiative, which aligns with the Federal Government’s goal of deploying 10,000 EVCBs nationwide by 2025, will see 300 EVCBs installed on ... Read More
pguru-asia-award-JudgesFig1

The PropertyGuru Asia Awards Malaysia in partnership with iProperty return with 23 new categories in 2025

The PropertyGuru Asia Awards Malaysia in partnership with iProperty return for their 12th edition in 2025 with more categories than ever before. Part of the PropertyGuru Asia Property Awards series, which marks its historic 20th edition in 2025, the enhanced awards programme will recognise excellence in property development and design ... Read More
penang-airport-expansion

Penang International Airport expansion progressing steadily

The expansion and upgrading of Penang International Airport (PIA) are progressing steadily, with significant advancements in infrastructure improvements and capacity enhancements. According to Penang Infrastructure, Transport, and Digital Committee chairman Zairil Khir Johari, the project is divided into three key Work Packages (WP). These include enabling works, airside facility upgrades, ... Read More
green-re-platinum

New public buildings in Penang to adopt renewable energy by requirement

Penang is taking a significant step toward sustainability with a new requirement for all new public buildings to generate at least five per cent of their total energy from renewable sources, announced Chief Minister Chow Kon Yeow. This initiative is part of the Penang Energy Framework (PEF), a strategic roadmap ... Read More