Property News

Penang water disruption begins 25 April with 40% restored in 24 hours
Penang will undergo its only scheduled water supply interruption (SWSI) for 2025 from April 25 to 28, affecting over 340,000 consumers across the state. The Penang Water Supply Corporation (PBAPP) has assured that efforts will be made to restore water in stages, with 40% of consumers expected to see their ... Read More

RFP open for mixed riverfront development near Penang Sentral
Penang State Housing Board has issued a Request for Proposal (RFP) for the development of a mixed-use riverfront project on a parcel of state-owned land in Butterworth. The site, measuring over 13 acres, is located adjacent to the Perai River and in close proximity to Penang Sentral. This RFP seeks ... Read More

Over 100 developers blacklisted for violations
The Housing and Local Government Ministry has blacklisted 109 developers for various offences, with Minister Nga Kor Ming urging homebuyers to remain vigilant and check developers’ status before committing to purchases. Announced during the 14th Annual Affordable Housing Projects Conference on April 7, Nga revealed that the directors of these ... Read More

Penang Turf Club to close after 160 years
After more than 160 years of operation—surviving even the Japanese invasion during World War II—the Penang Turf Club (PTC) will cease its horse-racing activities by June. An extraordinary general meeting (EGM) on April 20 is expected to formalize the decision, with a two-thirds majority vote needed to dissolve the historic ... Read More

SITE PROGRESS: Laguna Bay Residences (Apr 2025)
About Laguna Bay Residences An affordable housing project by Kobay Properties Teluk Kumbar, strategically located within walking distance of Lexis Suites and a short drive from Penang International Airport. Spanning approximately 1 acre, the development features a 31-story residential tower with a 9-level car parking podium. Offering 900 sq. ft ... Read More

Penang’s infrastructure designed to withstand magnitude 7 earthquakes
Penang’s buildings and bridges are designed to withstand earthquakes of up to magnitude 7 on the Richter scale, according to Chief Minister Chow Kon Yeow. His statement comes after tremors from a magnitude 7.7 earthquake in Myanmar were felt in various parts of Penang, including George Town and Butterworth. While ... Read More

Experts question 30-year threshold in urban renewal proposal
The proposed Urban Renewal Act (URA), set to be tabled in June, has sparked concerns among property owners and industry experts. The Housing and Local Government Ministry’s bill sets the consent threshold for redevelopment at 80% for buildings aged 30 years, 75% for those older than 30 years, and 51% ... Read More

M.O.C.H.A Campaign – Your Gateway to a Luxurious Lifestyle at Senze@PICC
Penang’s property market is evolving, and Penang International Commercial City (PICC) is leading the way as a premier integrated township. Developed by Hunza Properties Group, a trusted name in real estate, PICC is designed to offer a seamless blend of residential, commercial, and lifestyle conveniences—all in one dynamic location. If ... Read More

Zeon Properties International aims to redefine market excellence
Zeon Properties International is emerging as a dominant force in the real estate industry, earning recognition for its innovative approach and impressive growth. The company was formed through an exciting merger between Zeon Properties Group and Dutama Properties in June last year. At the helm of this dynamic venture are ... Read More

Jelutong reclamation and landfill rehabilitation
A reclamation project has been planned at Jelutong as part of efforts to rehabilitate the aging landfill site that has been in operation since the early 1970s. This initiative, led by the Penang Development Corporation (PDC) in collaboration with PLB Engineering Bhd, is aimed at addressing environmental concerns, optimizing land ... Read More
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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