Ever wondered how much properties in your condominium or neighbourhood actually sold for? Not the asking price, not the estimation — but the real, transacted sub-sale prices with SPA signed and stamp duty paid.

PenangPropertyTalk.com proudly introduces a brand-new feature — the Real Transacted Property Prices in Penang, a powerful tool designed to bring transparency and data-driven insight to Penang’s property market.

This new feature provides verified transaction data sourced from the NAPIC giving you direct access to actual sub-sale property prices across the state. From condominiums in George Town to landed homes in Bukit Mertajam, you can now explore the true market movement with just a few clicks.

Users can:

• Search by project name, address, or property type
• View detailed transaction records including transacted price, date, and size
• Compare values between different neighbourhoods
• Identify property trends and market hotspots

Whether you are a homebuyer, investor, or simply keeping an eye on Penang’s ever-evolving real estate scene, this tool empowers you to make informed decisions based on real data — not speculation.

And this is just the beginning – In the near future, we’ll be adding more analytical insights, including price trend charts, area comparisons, and market summaries — all to help you understand Penang’s property market in greater depth.

Stay tuned for these updates — and in the meantime, try out the new Real Transacted Property Prices page today!

The Penang State Government has spent RM8.789 million from the Ministry of Works (KKR) allocation to carry out repair works on 16 high-risk slopes across the island.

According to State Infrastructure, Transport and Digital Committee chairman Zairil Khir Johari, the amount marks an increase of RM4.921 million compared to 2024, enabling the Penang Public Works Department (JKR) to undertake slope rehabilitation works at identified landslide-prone sites.

“The main objective of this project is to repair slopes that have collapsed or failed, ensuring the safety and comfort of road users. Key components include soil investigation, preliminary site clearing, and slope stabilization works approved by the JKR Malaysia Slope Engineering Branch,” Zairil said during a site visit to the slope repair project near Moon Light Bay along Jalan Batu Ferringhi on 7 October 2025.

He added that construction works began in August 2025, with seven projects expected to be completed by the end of the year, while the remaining nine are targeted for completion in 2026.

Zairil, who is also the State Assemblyman for Tanjung Bunga, expressed appreciation to Minister of Works Datuk Seri Alexander Nanta Linggi for approving the allocation to enhance road safety in the affected areas.

Of the 16 projects, 15 are located in the Northeast District and one in the Southwest District along the Teluk Bahang–Balik Pulau route. Twelve projects are concentrated around Bukit Bendera, identified as a critical area as it serves as the main access route for local residents.

He also advised road users to plan their journeys carefully and adhere to safety signage during the ongoing repair works.

Altus Residency, a high-rise residential development in Prai by G Land Development Sdn. Bhd., a subsidiary of Hua Yang Bhd. Located along Jalan Baru, one of the area’s busiest roads, the project stands next to Meritus Residensi, another development by the same company. Its strategic location places it within a five-minute drive to the Penang Bridge, while surrounding amenities such as malls, colleges, eateries, and banks provide residents with convenient access to daily needs.

Rising 24 storeys, Altus Residency comprises 148 units with a variety of layouts. The smallest units measure 1,295 square feet, offering 3 bedrooms and 3 bathrooms, while the largest duplex option spans 2,820 square feet with 6 bedrooms and 5+1 bathrooms. The development also features a four-level car parking podium, priced from RM846,000 onwards.

Project Name : Altus Residency
Location : Prai
Property Type : Condominium
Tenure: (to be confirmed)
Total Units : 148
Built-up Size: 1,295 sq.ft. – 2,820 sq.ft.
Indicative Price : RM846,000 onwards
Developer : G Land Development Sdn. Bhd. (Hua Yang Bhd)

Location Map:

DISCLAIMER: This article is solely based on research done using publicly available data. This is not an advertisement. Any claim, statistic, quote or other representation about a project or service should be verified with the developer, provider, or party in question.

Penang has taken another bold step in its digitalisation journey with the launch of the Virtual Island of Penang (VIP), a flagship initiative by the Penang Island City Council (MBPP) that aims to strengthen public service delivery and push the state closer to its goal of becoming a smart city.

The VIP system integrates 10 smart modules, developed through years of internal expertise and collaborations with external partners. Some of these modules are the first of their kind in Malaysia, including geotechnical slope monitoring, tree inventory and inspection, as well as weather and disaster management.

MBPP mayor Datuk A. Rajendran described the launch as a reflection of the council’s long-term vision to tackle urban challenges through technology.

“Urbanisation in Malaysia has reached nearly 80%, while in Penang, 93% of residents live in urban areas. This creates challenges such as congestion, housing demand, and sustainability issues. In this context, digitalisation is no longer an option but a necessity,” he said.

Penang’s digital journey, he noted, began over 15 years ago with the Geographical Information System (GIS), which laid the foundation for data-driven urban management. Since then, MBPP has progressively adopted digital solutions, investing about RM30 million in smart city initiatives since 2020.

Among the pioneering modules are the Geotechnical Slope Monitoring and Control Module, which detects soil movements for early intervention; the Tree Inventory and Inspection Module, powered by AI and remote sensing with over 80% accuracy; and the Weather Monitoring and Disaster Management Module, which delivers real-time alerts and supports emergency planning.

“We have integrated satellite imagery, LiDAR, and predictive as well as generative AI to make these modules more effective and interactive with real-time information. This allows MBPP to respond swiftly with solutions,” Rajendran said, adding that enhancements to CCTV surveillance with features such as vehicle type analysis and number plate recognition are also underway.

While not all modules are public-facing, selected features, including disaster alerts and the location of automated external defibrillators (AEDs), can be accessed through Pearl Apps.

Chief Minister Chow Kon Yeow, who officiated the launch, commended MBPP for leading the initiative and called for broader adoption nationwide.

“With 11 use cases already developed, this platform can expand further to serve the people more effectively. If MBPP has invested RM30 million, it is timely for the Federal Government to allocate funds to empower local councils across Malaysia,” he said.

Chow stressed that digitalisation at the council level would improve service delivery, revenue collection, and urban management while making cities more sustainable and resilient.

“The Virtual Island of Penang is not the end, but the beginning of a continuous journey towards smarter governance,” Rajendran concluded.

The Mutiara Light Rail Transit (LRT) project in Bayan Lepas, now entering its construction phase, is poised to become a major catalyst for economic growth and public transport transformation in Penang, said State Infrastructure, Transport and Digital Committee chairman Zairil Khir Johari.

He described the project as a “game-changing investment” that will not only improve mobility but also boost industrial development while supporting Penang’s vision of becoming a smarter and more sustainable state.

Speaking at an InvestPenang town hall session yesterday, attended by over 200 stakeholders from Bayan Lepas, Bayan Baru, Batu Maung, and Sungai Tiram, Zairil explained that early works—such as utility relocation, road widening, and site clearance—will commence this month. Full-scale construction is expected to begin by December.

The LRT line, scheduled to begin operations in 2031, will feature two key stations—FIZ North and FIZ South—strategically located along Jalan Sultan Azlan Shah to serve the Bayan Lepas Free Industrial Zone.

During the session, MRT Corp. Sdn. Bhd., the project developer, provided an overview of the construction plan, while SRS Consortium Sdn. Bhd. outlined traffic management strategies. These include phased lane closures, diversion routes, and enhanced traffic monitoring to mitigate disruptions.

A Q&A session followed, with Penang LRT Project Director Azmi Abdul Rahman and SRS Consortium Project Director Adil Putra Ahmad addressing industry representatives’ questions and concerns.

“The Penang LRT will accelerate connectivity, drive industries forward, and move the state towards a greener, smarter, and more inclusive future,” Zairil concluded.

Source: Invest Penang