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Malaysia’s housing market faces subdued outlook amid unsold affordable homes

Malaysia’s housing market remained sluggish in the first half of 2025, weighed down by unsold affordable homes and weakening developer confidence, according to the Real Estate and Housing Developers’ Association (Rehda). At the release of its Property Industry Survey for 1H2025 and Market Outlook for 2H2025 and 1H2026, Rehda highlighted ... Read More
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PROPOSED: 840-unit serviced residence at Teluk Kumbar

A newly proposed high-rise residential project adjacent to D’ Starlingtton. Located along Jalan Teluk Kumbar, the site sits about 2km from Penang International Airport. The surrounding neighborhood has seen steady residential growth in recent years, with communities such as Platinum III, D’Zone Condominium, Saujana Heights, Emerald Residence, and Valencia Residence forming ... Read More
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30 most expensive high-rise residences in Penang (2025)

Penang’s high-rise residential market has long been a focal point for both investors and homebuyers seeking premium urban and waterfront living. The latest ranking of the 30 most expensive selling high-rise residences is based on the average transacted prices per square foot (psf) recorded in 2024 and 2025. Importantly, the ... Read More
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Penang’s new initiative to free strata housing areas from abandoned car

Penang has become the first state in Malaysia to launch a community-driven initiative aimed at addressing the long-standing issue of abandoned vehicles in high-rise residential areas. The programme, known as Skim Strata Bebas Kenderaan Usang, was officially rolled out at Flat Turnkey Sri Pinang and jointly officiated by Transport Minister ... Read More
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Developers warn SST could push property prices up by 5%

The sales and service tax (SST) is emerging as a major concern for property developers, with more than 70% planning to raise property prices by 3% to 5% due to higher costs, according to a survey by the Real Estate and Housing Developers’ Association (Rehda) Malaysia. The survey, which covered ... Read More
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Penang gazettes new quit rent rates effective 2026

The Penang government has officially gazetted revised quit rent tax rates for the entire state, marking the first adjustment in more than three decades. The new rates, published in the Penang Government Gazette No. 37 on September 11, will come into effect on January 1, 2026. Chief Minister Chow Kon ... Read More
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Esra Residences @ IJM Bayouri

Esra Residences marks the continuation of the landed residential component within IJM Bayouri, a 70-acre freehold township development by Chen Yu Land Sdn. Bhd., a subsidiary of IJM Land, in Nibong Tebal. Following the introduction of Ayra Terraces, Esra Residences expands the range of homes offered within the township, which ... Read More
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Penang redraws urban map after six decades, declares 25 new towns

Penang has redrawn its urban map for the first time in nearly 60 years, declaring 25 new towns and expanding the boundaries of 10 existing ones to reflect the state’s transformation from agricultural landscapes into thriving city hubs. The sweeping amendment, gazetted on Sept 4, impacts more than 210,000 land ... Read More
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SITE PROGRESS: Orange Hartamas (Sep 2025)

About Orange Hartamas Located in Kubang Semang, this mixed development by Tahwah Group is just a 10-minute drive from Bukit Mertajam and 15 minutes from Kulim Hi-Tech Park. Several public schools, including SJKC Kubang Semang, Sri Penanti Primary School, SMK Penanti, and SMK Mengkuang, are within easy reach. The development features ... Read More
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Asia Green unveils new brand identity – Join the celebration!

Mark your calendars for 19 September 2025 (Friday) as Asia Green turns a brand-new chapter in its journey with an exciting rebranding launch. Held at the Asia Green Sales Gallery, Bayan Lepas, this event promises not only a glimpse into the developer’s refreshed vision and mission, but also an unforgettable ... Read More