A Penang state assemblyman has proposed introducing a 3% property transfer premium on non-Penang buyers or sellers in an effort to curb speculative property activities and improve housing affordability for locals. During the debate on the governor’s address at the state assembly, Ong Ah Teong said some outstation buyers viewed ... Read More

Acacia Park, the latest residential addition to Tambun Indah's established Pearl City township in Simpang Ampat. Sitting adjacent to the completed Dahlia Garden, the development puts residents within minutes of Pearl City Mall, Sri KDU International School, SMJK Jit Sin II, and the township's growing range of shops and amenities ... Read More

About Nexus Industrial Hub Nexus Industrial Hub is a freehold light industrial development situated in Jawi, Nibong Tebal, close to Sungai Bakap and Batu Kawan. It consists of 40 two-storey semi-detached units designed for a range of uses, including warehousing, logistics, manufacturing, and office-industrial setups. Key design elements include high ... Read More

The Penang government has yet to make a decision on the future of the proposed RM1 billion Jelutong landfill rehabilitation and reclamation project after its Environmental Impact Assessment (EIA) application was rejected for the fifth time. State Local Government Committee chairman H'ng Mooi Lye said the matter would be brought ... Read More

The Housing and Local Government Ministry (KPKT) is exploring the introduction of an Option to Purchase (OTP) clause under the proposed Real Property Development Bill, in a move aimed at reducing sick, delayed and abandoned housing projects. Minister Nga Kor Ming said the proposed OTP mechanism would allow both homebuyers ... Read More

The completion of The Meg at Andaman Island has reached a significant milestone with the issuance of Vacant Possession (VP), marking another step forward in the transformation of Penang’s northern coastline. The milestone was celebrated during The Meg Appreciation Dinner hosted by Eastern & Oriental Berhad, attended by key state ... Read More

At its latest Monetary Policy Committee (MPC) meeting, Bank Negara Malaysia (BNM) has decided to maintain the Overnight Policy Rate (OPR) at 2.75%, signalling continued confidence in Malaysia’s economic trajectory while keeping a close watch on rising global uncertainties. The decision comes amid a resilient global economy in early 2026, ... Read More

Marriott International Inc. announced the signing of The Bertam, Penang, a Tribute Portfolio Hotel, with Maritime Waterfront Suites Sdn. Bhd. Slated to open in Q4 2026, the hotel is expected to feature 282-keys, introducing the brand to Bertam on Penang mainland, complementing Marriott’s established presence on the island. Located in ... Read More

Tasek Gelugor XChange (TGX) is located in Tasek Gelugor at a junction connecting parts of Penang and Kedah, within a developing suburban corridor in North Seberang Perai. The site is accessible via the North–South Expressway and is within walking distance of the Tasek Gelugor KTM station, providing connections to nearby ... Read More

Malaysian Investment Development Authority (MIDA) inked an agreement with AIXTRON SE, a provider of deposition equipment for the semiconductor industry, to build a new greenfield manufacturing facility in Penang at SEMICON Southeast Asia 2026. In a joint statement yesterday, AIXTRON SE chief executive officer Dr Felix Grawert said the decision ... Read More