Property News

Fort Cornwallis moat restoration nears completion
Fort Cornwallis, one of Penang’s most iconic historical landmarks, is undergoing a major revival with the near completion of its moat restoration project. Spearheaded by the Penang government with support from Think City and Yayasan Hasanah, the initiative marks a significant step in preserving and enhancing the site’s heritage and ... Read More

SITE PROGRESS: Ari Altitude (May 2025)
About Ari Altitude An affordable condominium project by PTL Alpha Sdn. Bhd., a subsidiary of PTL Properties Sdn. Bhd., located in the well-established township of Alma, Bukit Mertajam. Situated along Jalan Santuari 3, less than 5 minutes drive from Lotus’s and AEON Mall via Jalan Rozhan and approximately 15 minutes ... Read More

Penang undersea tunnel still a key solution to traffic woes
The proposed Penang undersea tunnel remains a relevant solution to alleviate congestion on the first Penang bridge, according to state infrastructure, transport and digital committee chairman Zairil Khir Johari. Speaking at the state legislative assembly, Zairil said the tunnel would help reduce traffic flow in both directions on the bridge ... Read More

PIA expansion reaches 38% completion, phase one on track
The Penang International Airport (PIA) expansion project is progressing steadily, with Phase One expected to be completed by the end of this year. As of now, construction work has reached nearly 38% completion. State Infrastructure, Transport and Digital Committee chairman Zairil Khir Johari announced that Work Package 1 (WP1) has ... Read More

Stakeholders call for clearer laws to safeguard commercial property buyers
Consumers and industry stakeholders have voiced strong support for the proposed Real Property Development Act (RPDA), urging the government to clearly define mixed developments and extend legal safeguards to protect buyers of commercial properties like Soho, Sofo, and Sovo. Currently, these types of developments fall outside the scope of the ... Read More

Elevating Living: Celebrating wins, conscious living, and investment potential at The Pier by Asia Green Group
Asia Green Group proudly announces the successful culmination of its Buy & Win campaign, a highlight of the recent Chinese New Year celebrations. This exciting milestone coincides with the prestigious Gold rating for Green Building awarded to The Pier—a flagship development that reflects Asia Green’s mission to create meaningful, sustainable ... Read More

Penang identifies site for potential superyacht marina
Penang may soon welcome a new marina capable of hosting large vessels and superyachts, as the state seeks to attract more high-end maritime visitors and avoid being sidelined by better-equipped destinations. Chief Minister Chow Kon Yeow recently announced that the state government has approved a section of the sea off ... Read More

Trensor sets foot in Southeast Asia with Penang manufacturing facility
Global automotive technology company Trensor Co. Ltd has chosen Penang as its strategic base for Southeast Asia, marking a significant step forward with the groundbreaking of its first regional manufacturing facility at Penang Technology Park@Bertam. The RM100 million investment will see the development of a four-storey, 10,000-square-metre plant dedicated to ... Read More

Malaysia’s Q1 GDP grows 4.4% amid strong domestic demand and export challenges
Malaysia’s economy grew 4.4% in the first quarter of 2025, supported by resilient household spending, a firm labour market, and steady export performance, Bank Negara Malaysia (BNM) announced today. The figure confirms earlier estimates, though it reflects slight moderation from the previous quarter. Private consumption remained a key driver, expanding ... Read More

SITE PROGRESS: D’Aleena (May 2025)
About D'Aleena D’Aleena is a serene, nature-inspired township in the heart of Tasek Gelugor, offering a harmonious blend of peaceful living, community spirit, and modern convenience. Following the successful sell-out of its Double-Storey Shop Offices, the latest launch features over 1,000 Single-Storey Terrace Homes and 94 Shop Offices, forming part ... Read More
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- @LOL They should at least do a same design like Quaywest residence. Now the fence...millionaire on Mezzo @ The Light City
- @Roy @ Grey Property We don't need landed as young generation just having a small...millionaire on 80% of Gen Z Malaysians opt for high-rise living
- @penangpropertiesupupup This project has no different with The Zen in term of unit of plot...millionaire on Central Residence
- Owner no do homework want blame who? Advertisement is called advertisement because it is an...Juwai on Guaranteed Rental Returns (GRR): The Illusion and The Reality
- Landed too expensive. ...Roy @ Grey Property on 80% of Gen Z Malaysians opt for high-rise living
- @Peter yes it looks like mamak vibes ...LOL on Mezzo @ The Light City
- That's why Zen6 is most sought after in Penang Island. Fantastic Seaview with high future...millionaire on 80% of Gen Z Malaysians opt for high-rise living
- Anyone found the colorful lighting show at Mezzo is an awful sense of design? ..............Peter on Mezzo @ The Light City
- The egress and ingress should be well planned to avoid accidents and congestions. The entrance...Thomas Anthony Samy on Bukit Mertajam market redevelopment enters new phase
- May I knows more details about this project ...KJ on PROPOSED: 982-unit affordable housing development in Air Itam
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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