Property News
Penang’s 5 most expensive residential properties sold in 2022
Have you ever wondered how much those bungalows in Penang are worth? Or perhaps, where the most expensive houses are located on the island? Let's delve into the details and take a closer look at the top 5 most expensive residential properties that were sold in Penang in 2022. #5 ... Read More
E&O Unveils ‘Human Living’ Digital Series Featuring Malaysia’s Talents
Eastern & Oriental Berhad (E&O), the premier lifestyle property developer, has released “Human Living”, a digital documentary series that offers valuable insights and perspectives from some of the country’s brilliant thinkers, entrepreneurs and artists in rethinking where and how we live. The 3-episode series, which will be released monthly on ... Read More
Government agrees to review MM2H criteria
The government has agreed to review the strict terms and conditions for the Malaysia My Second Home (MM2H) programme which has led to many who opted to adopt this country as their second home to leave and the number of new applicants drop by up to 90 per cent. The ... Read More
SITE PROGRESS: Lucerne Residences (Apr 2023)
About Lucerne Residences The final phase of residential development by Ideal Property Group at Ideal Vision Park in Bayan Lepas. It is just a short drive to Penang International Airport, 10 minutes walking distance to Straits International School. The project will see two blocks of 36-storey skyscrapers featuring a European living concept. It offers 480 ... Read More
Mitsui Outlet is set to be built next to PIA, in conjunction with the airport’s expansion
Penang International Airport will soon see the construction of the Mitsui Outlet, a premium shopping mall, on the vacant land in front of its multi-storey car park. This was revealed by Bayan Baru MP Sim Tze Tzin after a briefing by the airport management on the expansion plans and progress ... Read More
Penang ranked third in unsold properties as of Dec 2022
As of December 2022, the number of unsold completed residential properties has decreased to 27,746 units, worth RM18.41 billion, compared to 36,863 units worth RM22.79 billion at the end of 2021. Deputy Finance Minister Ahmad Maslan revealed that Johor has the highest number and value of unsold properties, with 5,258 ... Read More
PDC calls for tender for Linear Waterfront Development project
Penang Development Corporation (PDC) is calling for a Request for Concept and Quotation for the Linear Waterfront Development in Bayan Lepas. It is seeking companies, consultants registered with a Professional Board, or consortiums of consultants, whether local or international, to participate in the tender. The project is aimed at creating a ... Read More
MYEG to build and manage workers village at BKIP 3
My EG Services Bhd's sub-subsidiary MY EG Lodging Sdn Bhd has secured a tender from Penang Development Corp for the setting up of a workers village and related facilities at Batu Kawan Industrial Park 3 in Seberang Perai Selatan, Penang. In a filing with Bursa Malaysia, the group said the ... Read More
Illegal street racing near Queens Residences causes sleepless nights and safety concerns
According to a report in a Chinese daily, the Queens Residences in Bayan Lepas has been experiencing disturbances caused by illegal street racing and modifications made to vehicles' exhaust systems. Almost every weekend at midnight, the sound of revving engines can be heard throughout the quiet night, disturbing residents' sleep ... Read More
Heng Huat acquires land in Penang for property development
Heng Huat Resources Group Bhd has announced that its subsidiary, HH Land and Development Sdn Bhd, has purchased six land parcels worth RM6.32 million in cash. According to a disclosure made to Bursa Malaysia, the acquisitions will be financed through internally generated funds. Heng Huat's decision to acquire these assets ... Read More
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RECENT COMMENTS
- @Minion Because we still haven't break the 4M mark. Will reach there in a year...LL on Top 5 Most Expensive Residential Properties Sold in Penang in 2025
- please send the details & pricing of the property. Thanks ... ...ZURIATI OSMAN on UPCOMING: Prai / Concrete Idea Sdn. Bhd.
- Why don't have taman bayu mutiara (BM area) record at all? ...Tim on All Penang Projects
- please send the details & pricing of the property. Thanks ...MZ on PROPOSED: 531-unit affordable housing at Sungai Nibong
- Please send the detail of the price inclusing the price ...MZ on PROPOSED: 982-unit affordable housing development in Air Itam
- Why the Zen & Quaywest not in the list? ...Minion on Top 5 Most Expensive Residential Properties Sold in Penang in 2025
- @Minion 300k starting. Very nice affordable housing scheme. ...Sunny day on Esenview Residences
- May I know if any plan for affordable housing in Queens waterfront such as empty...EngWah on SITE PROGRESS: Queens Residences 3 (Mar 2026)
- @Tan Wan Ping Nope, no showroom. Currently it's constructed to 11th-12th floor. ...CY on The Cube
- Affordable house shouldn't be discriminate. A successful township city plan, you need to balance up...millionaire on E&O to launch RM700mil waterfront commercial project at Andaman Island
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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
