Property News

Scientex Sungai Dua Sales Gallery opening ceremony
As one of Malaysia’s most renowned property developers which is best known for providing affordable yet quality housing projects throughout the country, Scientex has recently completed the construction of its Scientex Sungai Dua Sales Gallery. In conjunction with the completion of the sales gallery and to promote its upcoming 343 ... Read More

Fresh coat of paint for Taman Free School flats
Thirteen blocks of Taman Free School flats under the Penang Island City Council (MBPP) are set to undergo repainting work in stages. Penang Local Government, Housing, Town and Country Planning Committee chairman Jagdeep Singh Deo announced the approval of the repainting work during a visit to the site this morning. “We ... Read More

Council confiscates items after stop work order on heritage site ignored
The Penang Island City Council (MBPP) has confiscated construction materials and equipment after a contractor was found renovating a heritage building illegally. The council said it had checked on the Customs building at China Street Ghaut on Sunday and found that renovations were being done without approval. It checked on ... Read More

Penang Technology Park@Bertam breaks ground in Kepala Batas today
Penang is set to attract more international high-tech companies to venture into the state once the new Penang Technology Park@Bertam is completed in two years. The project, which is being built by Ideal Property Group, is set to become a catalyst for economic growth in the region as it focuses on ... Read More

Penang short-term stays guidelines must now be enforced
The Penang Local Government, Housing, Town and Country Planning Committee has initiated two guidelines – one for high-rises and the other, for landed properties – to regulate short-term stays in Penang. The Committee chairman Jagdeep Singh Deo said both guidelines have been approved by the state executive council on March 8 ... Read More

SITE PROGRESS: The Light City (Mar 2023)
About The Light City A 32.76-acre integrated mixed-use waterfront development by IJM Perennial Development in Gelugor, Penang. Strategically located next to The Light Collection, just a mere minutes drive from Penang Bridge and George Town. It will feature a retail mall, Penang’s largest convention centre to be called Penang Waterfront Convention ... Read More

Fort Cornwallis moat set to reopen to the public in 2025
The over-a-century-old moat of Fort Cornwallis, under the premier historic structure restoration project, is set to be reinstated before it is open to the public in 2025. The moat, on the south and the east, will be restored to its former glory. Chief Minister Chow Kon Yeow said the Fort ... Read More

No clear timeline for Penang Undersea Tunnel Project
After more than a decade, the proposed Penang Undersea Tunnel, part of the RM46bil Penang Transport Master Plan, looks to be stalled due to delays in the release of the feasibility study report. According to a news article published by TheStar, State infrastructure and transport committee chairman Zairil Khir Johari ... Read More

The effect of OPR on the housing market
Will Bank Negara Malaysia (BNM) keep its overnight policy rate (OPR) at its current level for a longer period? The recent pause in rate hikes by the central bank bodes well for overall housing demand, particularly for affordable to mid-range properties where purchasers are more interest-rate sensitive. According to a ... Read More

E&O launches Arica on Andaman Island
Eastern & Oriental Berhad (E&O), the premier lifestyle property developer, has announced that all units at The Meg, its maiden project on Andaman island launched in 2021, has been taken up. On the heels of this overwhelming success, E&O is set to launch Arica, a 380-unit freehold development nestled in ... Read More
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- Recently, what is indicator price now for 1550sqf ? Would like to hear more comments...Teoh on Pearl Regency
- @LL I am shock to see quayside only RM1000/sqft!! My uncle already paid RM1400/sqft many...fiona on 30 most expensive high-rise residences in Penang (2025)
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- I’m currently comparing The Cube and Twinstar projects. I visited both sites and found that...Sawtoh on Twin Star
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- Anyone have bought the Everine unit here? Mind to share your thoughts? ...Fion on Everine @ Eco Sun
- @Minion Yes, you are right. Definitely landed as a whole is more expensive compared to...millionaire on 80% of Gen Z Malaysians opt for high-rise living
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- Penang Arts District
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