Penang’s proposed National Technology Financial Centre is unlikely to be fully implemented within the next two years, according to Chief Minister Chow Kon Yeow. He said the initiative would require time for further studies, coordination and the development of an implementation framework, noting that major national initiatives typically take several ... Read More

About Northern TechValley @ BKE Northern TechValley @ BKE is a 176-acre freehold industrial park in Seberang Jaya, developed by Suling Hill Development Sdn Bhd. Located alongside the Butterworth-Kulim Expressway (BKE), the RM1.3 billion development is designed to accommodate manufacturing, logistics and other industrial operations, with access to the North-South ... Read More

Penang stands to benefit from several initiatives announced under Budget 2027, particularly in industrial investment, water security and housing affordability. Key announcements relevant to Penang include: Stamp duty exemptions for first-time homebuyers: Eligible buyers purchasing their first homes priced up to RM500,000 will receive full stamp duty exemptions on loan ... Read More

Construction of Grace Harmony, a 754-unit affordable housing project in Penang, has progressed to the podium level, although financing constraints faced by the developer remain an issue that needs to be resolved for construction to continue smoothly. Penang State Executive Councillor for Housing and Environment Dato’ Seri Sundarajoo said this ... Read More

The 36-storey Holiday Inn & Suites Penang Prai in Juru Sentral, Seberang Perai, is reportedly up for sale less than two years after opening, according to a report by The Edge. Industry observers told The Edge that the freehold hotel has been on the owner’s radar for a potential sale ... Read More

Motorists using the Tun Dr Lim Chong Eu Expressway will face temporary lane closures from 12 October 2026 to 28 February 2027 as construction progresses on a new elevated U-turn. The works are being carried out by IJM Land Berhad, the master developer of The Light Waterfront Penang. The latest ... Read More

Seven of Penang’s 10 priority projects have been accepted by the Federal Government for consideration ahead of Budget 2027, according to Chief Minister Chow Kon Yeow. Chow said the seven proposals are now being considered by the relevant ministries. Some may be announced when Budget 2027 is tabled, while others ... Read More

Move-In Ready Freehold Semi-D Homes at Begonia @ Botanica.CT with Savings of RM200,000 and Above* In a property market where freehold landed homes on Penang Island are becoming increasingly scarce, Begonia @ Botanica.CT presents a rare opportunity to own a completed semi-detached home within one of Penang's most established master-planned ... Read More

PEN S J Electronics Sdn Bhd (PEN S J) is set to expand its manufacturing footprint in Penang with a new advanced packaging materials and thermal management solutions facility at Batu Kawan Industrial Park 3 (BKIP 3). The company has entered into a lease agreement with Penang Development Corporation (PDC) ... Read More

Budget 2027 is expected to maintain policy continuity for Malaysia’s property sector, with the government’s focus shifting increasingly towards funding and implementation rather than introducing major new reforms, according to Apex Research, as reported by The Star. The research firm said existing home ownership incentives and the expansion of the ... Read More