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

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 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

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

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

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

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

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

The Penang state government has moved to reassure the public that a controversial high-density development proposed for Bandar Gelugor will face rigorous evaluation before any approval is granted. State Local Government Committee chairman H'ng Mooi Lye told the state legislative assembly that all development applications are assessed holistically, taking into ... Read More

About Maritime Signature A 45-storey commercial development along Karpal Singh Drive. It comprises 232 office suites, several retail outlets, and sky-level facilities including a bar, restaurant, infinity pool, and gym. Situated beside the Lim Chong Eu Expressway, the project offers views of the sea and city skyline, with convenient access to ... Read More