Property News
Penang allocates 10 acres in Batu Kawan for ATE campus
Penang has set aside 10 acres of land in Batu Kawan, valued at approximately RM40 million, for the development of a new Automation, Test and Equipment (ATE) Campus aimed at strengthening the state’s semiconductor ecosystem. The initiative is part of a broader effort to bring together local and international companies ... Read More
SITE PROGRESS: Ayana Residence (Mar 2026)
About Ayana Residence Ayana Residence is a contemporary residential development strategically located in Teluk Air Tawar, within an established and steadily growing neighbourhood on Penang’s mainland. This project is nearing completion and is anticipated to receive its Certificate of Completion and Compliance (CCC) this year, giving buyers assurance that their ... Read More
26-acre reclaimed waterfront land near Gurney Drive reportedly up for sale
A prime parcel of reclaimed waterfront land near Gurney Drive has recently surfaced in the market, drawing attention from property observers and industry insiders. The site, measuring approximately 26 acres, is reportedly being marketed for sale by property agents as a potential large-scale mixed development opportunity in one of Penang ... Read More
Proposed Jelutong landfill rehabilitation project faces EIA hurdle
The Penang state government will discuss with the relevant authorities following reports that the Environmental Impact Assessment (EIA) for the proposed Jelutong landfill rehabilitation and reclamation project has been rejected by the Department of Environment (DOE). Chief Minister Chow Kon Yeow said he was not aware of the rejection reflected ... Read More
Penang addressing land acquisition and resettlement for Mutiara Line LRT project
The Penang state government is currently focusing on land acquisition and the resettlement of residents affected by the implementation of the Mutiara Line Light Rail Transit (LRT) project. Chief Minister Chow Kon Yeow said work related to the project is progressing according to schedule, with the state government responsible for ... Read More
HGD breaks ground on Balik Pulau Commercial Centre
Heng Guan Development (HGD) has officially broken ground on the Balik Pulau Commercial Centre (BPCC), a boutique commercial project located within the Balik Pulau township on Penang Island. The development comprises 13 units of two-storey shop offices with built-up areas ranging from 2,800 sq ft to 3,802 sq ft. Built ... Read More
E&O 3Q profit surges 105% to RM63.5mil on strong property sales
Eastern & Oriental Bhd (E&O) reported a 105.6% year-on-year increase in net profit attributable to owners of the parent to RM63.51 million for the third quarter ended Dec 31, 2025 (3QFY2026), compared with RM30.90 million a year earlier. Revenue for the quarter rose 45.4% to RM243.92 million, from RM167.74 million ... Read More
Lengkok Nipah Neighbourhood Park brings new green space to the community
The newly completed Lengkok Nipah Neighbourhood Park in Taman Lip Sin, Bayan Lepas could serve as a model for climate-responsive and senior-friendly urban parks in Penang and across Malaysia, according to state executive councillor for Infrastructure, Transport and Digital, Zairil Khir Johari. Speaking at the park’s official opening on Sunday, Zairil said ... Read More
Batu Ferringhi homestay fire renews push for short-term rental regulations
A recent fire at a homestay in Batu Ferringhi that left eight guests injured has reignited concerns over the safety and regulation of short-term rentals (STR) in Penang, prompting industry players to urge the government to expedite clearer rules for the sector. The early morning incident occurred on March 1 ... Read More
PILA Aeropark to strengthen Penang as regional logistics hub
Development of the Penang International Logistics Aeropark (PILA) at Penang International Airport has commenced in the first quarter of 2026, marking a key step in strengthening the state’s role in regional air cargo logistics. During a Q&A session in the Dewan Negara yesterday, Deputy Transport Minister Hasbi Habibollah said the project ... 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
