Property News
Penang City Hall to undergo RM20 million restoration
The iconic City Hall on Jalan Padang Kota Lama is set to undergo significant repair works as part of the Penang Island City Council (MBPP) ongoing conservation initiative to preserve the heritage structure. MBPP mayor Datuk A. Rajendran announced that the repair works, estimated to cost RM20 million, are scheduled to ... Read More
SITE PROGRESS: Orange Melur (Sep 2024)
About Orange Melur This is a small landed residential development by Tah Wah in Bagan Ajam, Butterworth, located near Taman Melur and just minutes from Econsave and Tesco Bagan Ajam. With convenient access via Jalan Raja Uda and only 2km from the Butterworth Outer Ring Road, the project features 16 ... Read More
EPB buys Penang Science Park land for expansion
EPB Group Bhd, a one-stop food processing and packaging machinery solutions provider, has entered into a sale and purchase agreement with Penang Development Corporation to buy an industrial land at Penang Science Park North. EPB said the acquisition is for RM22.49 million and is in line with its strategic expansion ... Read More
Tender for Batu Kawan Public Market to open soon
Chief Minister Y.A.B. Tuan Chow Kon Yeow announced that the Batu Kawan Public Market, covering 7.7 acres in Bandar Cassia, is currently undergoing land treatment ahead of tender openings expected in December. Valued at RM60 million, which includes road upgrades, this will be the first public market in Batu Kawan, ... Read More
NTIC in Bayan Lepas to start operations by December
The Northern Corridor Implementation Authority (NCIA) has announced that the NCER Technology Innovation Centre (NTIC) in Bayan Lepas is nearing completion and is expected to begin operations in December. The 23,000 sq ft facility, located at Hilir Sungai Kluang 2, has reached 97% completion, with full construction anticipated by November ... Read More
Partial road closure for Penang Hill cable car project
The road leading to Penang Botanic Gardens will experience a partial closure from October 15, 2023, to June 30, 2026, due to the construction of the much-anticipated Penang Hill cable car project. This initiative is a collaboration between Penang Hill Corporation and Hartasuma Sdn Bhd, with Doppelmayr Seilbahnen GmbH, an ... Read More
Penang leads the way with green-certified affordable housing initiative
The Penang government is taking a bold step towards becoming Malaysia’s first state to offer green-certified affordable housing, a move that aligns with its broader mission to enhance environmental sustainability. Penang Housing and Environment Committee chairman Datuk Seri Sundarajoo Somu emphasized that this initiative is designed to promote environmental awareness ... Read More
Penang CM inspects progress of Taman Cassia Cempaka
Penang CM YAB Tuan Chow Kon Yeow recently led a site visit to inspect the progress of development projects by the Penang Development Corporation (PDC) and its subsidiary, PDC Properties. Accompanied by PDC CEO YBhg. Dato’ Aziz Bin Bakar and PDC Properties CEO Ir Ismail Bin Ishak, the visit focused ... Read More
SITE PROGRESS: G’Vinton (Sep 2024)
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
Bandar Cassia Technology Park on track for 2026 completion
The construction of the Bandar Cassia Technology Park (BCTP) is on track, with full completion expected by 2026, according to Penang Chief Minister Chow Kon Yeow. Chow, who is also the chairman of the Penang Development Corporation (PDC), revealed that the project, which began in 2022, spans 303 acres of ... Read More
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