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Emeri Place
Emeri Place is a commercial development within the IJM Bayouri master plan, expected to be completed in the first quarter of 2026. The project consists of 18 freehold units, each with a built-up area starting from 1,380 square feet. It is designed to accommodate a range of business needs within ... Read More
Penang Hill Cable Car secures RM367mil boost to move forward
The Penang Hill Cable Car project is set to move into its implementation phase, following the signing of a RM367 million financing agreement between Hartasuma Ropeways Sdn Bhd and Bank Pembangunan Malaysia Berhad (BPMB). The new cable car system is intended to supplement the century-old funicular railway, not replace it, ... Read More
Jalan Teluk Kumbar road widening project moves closer to approval
The long-awaited upgrade of Jalan Teluk Kumbar from a two-lane to a four-lane carriageway is expected to significantly reduce traffic congestion in Penang’s Southwest District, especially during peak hours. Penang State Executive Councillor for Infrastructure, Transport and Digital, Zairil Khir Johari, stated that the project has received initial approval from ... Read More
Paramount expands Penang presence with launch of Paramount Embun Hills in Bukit Mertajam
Paramount Property today officially launched Paramount Embun Hills at its sales gallery in Icon City, Bukit Mertajam, marking its third property development in Penang. The 69.2-acre freehold, gated-and-guarded township in Bukit Mertajam features residential, recreational and commercial spaces that foster sustainable community development. The launch was officiated by the Chief ... Read More
PROPOSED: 35-storey high-end condominium at Jalan Cantonment
A proposed high-rise residential development on a 1.05-acre site within the upscale neighborhood near Jalan Cantonment in George Town. Strategically located adjacent to Disted College and just a stone’s throw from the Penang Turf Club. The project comprises a single 34-storey condominium block, featuring 128 residential units spread across 25 floors ... Read More
AmBank extends RM222.8mil financing for Northern TechValley @ BKE
AmBank Group, through its Islamic banking arm AmBank Islamic Bhd, has extended RM222.8 million in financing to Suling Hill Development Sdn Bhd for the development of Northern TechValley @ BKE — a 175.6-acre freehold green industrial park in Seberang Perai Tengah, Penang. Suling Hill Development is a 50:50 joint venture ... Read More
Saujana 61
Saujana 61 is a strata residential development by Zuwen Bina Sdn. Bhd., located near the Kota Permai area in Bukit Mertajam. The site is positioned off Lorong Sujana Permai 17, within close reach of neighbourhood conveniences such as Econsave Alma and Billion Supermarket. It is situated less than 3 kilometres ... Read More
Penang launches GBS By The Sea, boosting digital and high-value job growth
Penang has taken another major stride in its journey to become a regional hub for high-value investments and digital innovation with the launch of GBS By The Sea, a RM296 million purpose-built facility under the Penang Development Corporation’s (PDC) Global Business Services (GBS) initiative. Located in the Technoplex zone of ... Read More
Understanding the QLASSIC Score: A Measure of Construction Quality
You’ve probably come across property ads boasting about their “QLASSIC score”, but what is it, really? Is it just another marketing term, or does it actually tell you something important about the quality of a home? As more developers highlight their QLASSIC achievements, it’s worth understanding what this score means, ... Read More
Government to build one million affordable homes under 13th Malaysia Plan
The federal government, in collaboration with state authorities and private developers, will build one million affordable housing units between 2026 and 2035. Prime Minister Datuk Seri Anwar Ibrahim made the announcement while tabling the 13th Malaysia Plan (13MP) in the Dewan Rakyat. The large-scale housing initiative aims to improve access ... Read More
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