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Gurney Drive area set for major traffic and parking overhaul
Persiaran Gurney, one of Penang's most iconic coastal stretches, is undergoing a series of significant changes aimed at improving traffic flow, parking management, and pedestrian experience. Among the most visible changes is the closure of the iconic roundabout near the Anjung Gurney open-air hawker centre, which has been boarded up ... Read More
Scoop into homeownership this weekend at SkyWorld Gallery
Looking for your dream home while enjoying a sweet weekend treat? Head over to the Scooplicious weekend happening at SkyWorld Gallery, Seberang Jaya from 30 May to 1 June 2026. Visitors can explore thoughtfully designed show units, discover attractive home packages with loans from RM379K*, and enjoy free ice cream ... Read More
Syed Mokhtar emerges as major shareholder in EcoWorld
Tan Sri Syed Mokhtar Albukhary has acquired a substantial stake in Eco World Development Group Bhd and its sister company, expanding the tycoon’s portfolio of developers. The shares in EcoWorld, equivalent to 30.1%, were sold by former deputy chairman Datuk Leong Kok Wah through a private vehicle, according to an ... Read More
SITE PROGRESS: Penang Technology Park (May 2026)
About Penang Technology Park Strategically located in Bertam, Penang Technology Park @ Bertam is an 880-acre freehold industrial development envisioned as a next-generation hub for technology, innovation, and advanced manufacturing. Developed by Ideal Property Group, the park is designed to support high-tech industries with infrastructure-ready industrial land, wide internal roads, ... Read More
Winova Residences
Winova Residences is a landed housing development at Alma in Bukit Mertajam. Located on an approximately 9 acres of land near Jalan Kampung Manggis, just neighboring with Permatang Sanctuary by IJM Land. The surrounding neighbourhood is characterised by established residential enclaves, schools, and everyday conveniences, with easy connectivity to other parts ... Read More
Penang property market outpaces national average in Q1 2026
Malaysia's property market opened 2026 on a cautious note with moderate performance in the first quarter, but Penang bucked the national trend with price growth running at more than double the country's average, according to the Property Market Report for Q1 2026 released by the Valuation and Property Services Department ... Read More
Penang weighs third bridge as alternative to undersea tunnel
The Penang state government is exploring the possibility of building a new third bridge connecting Penang Island to the mainland, positioning it as a potential alternative to the long-discussed undersea tunnel project. State infrastructure committee chairman Zairil Khir Johari confirmed the development during his winding-up speech at the state assembly ... Read More
Rehda backs the proposed ‘Option to Purchase’ clause in new housing law
Malaysia's Real Estate and Housing Developers' Association (Rehda) has thrown its support behind a proposed "Option to Purchase" (OTP) clause set to be introduced under the new Real Property Development Act, which is slated to replace the Housing Development (Control and Licensing) Act 1966. Rehda president Datuk Ho Hon Sang ... Read More
Long-term traffic diversion at Jalan Tengah begins May 16 for LRT works
As part of the ongoing construction of the Penang LRT Mutiara Line, Mass Rapid Transit Corporation (MRT Corp) has announced a long-term “Free-Flow” traffic management plan at the junction of Jalan Tengah and Jalan Sultan Azlan Shah. In a statement issued earlier, MRT Corp said the traffic diversion will take ... Read More
Real estate still a strong inflation hedge despite market uncertainty
Despite ongoing geopolitical tensions and concerns over rising inflation, Malaysia’s property sector continues to show resilience, according to a recent report by RHB Investment Bank. The research house said real estate remains an effective hedge against inflationary pressures, particularly amid rising energy prices linked to the ongoing West Asia conflict ... Read More
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