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MBPP introduces Strata Incentive for low-cost housing schemes
The Penang Island City Council (MBPP) has introduced the MBPP Strata Incentive, a new financial assistance programme aimed at helping low-cost and low-medium cost strata residential schemes manage their buildings and carry out essential maintenance works. The initiative, announced by MBPP Mayor Dato' Ir. A. Rajendran, comes after the council's ... Read More
Penang Port to redevelop the 2.2-acre site at Butterworth Deep Water Wharves
A 2.20-acre parcel of land within the Butterworth Deep Water Wharves (BDWW) has been earmarked for a new logistics and commercial development, following the launch of a Request for Proposal (RFP) by Penang Port Sdn. Bhd. to identify a long-term developer and operator for the site. Located within the operational ... Read More
PROPOSED: 27-storey office tower in George Town
A newly proposed commercial development has been planned along Jalan Utama in George Town, occupying a relatively compact site of approximately 0.3 acres. The site is located near the George Town Remand Prison and within close proximity to City Stadium Penang. The development will comprise a 27-storey office tower featuring ... Read More
Foreshore Residence marks completion ahead of Aug 31 key handover
Foreshore Residence, one of Penang’s most strategically located affordable housing developments, has been completed, with homeowners set to receive the keys to their new homes during an official handover ceremony on Aug 31. Located along the Jelutong waterfront, the development stands out for offering affordable homes in the heart of ... Read More
Kerjaya Prospek takes full control of Tanjung Bungah development site
Kerjaya Prospek Group Bhd (KPGB) has strengthened its position in Penang through the completion of a strategic investment in Aspen Vision Land Sdn Bhd (AVL) and the acquisition of full ownership of Tanjung Bungah Development Sdn Bhd (TBD), both entities linked to Aspen (Group) Holdings Ltd. In a filing with ... Read More
Versa @ Aspen Vision City: Why This Address Is Worth Watching in Batu Kawan
Located within Aspen Vision City, a 247-acre freehold township, Versa forms part of a thoughtfully master-planned township where homes, shops, parks, offices and lifestyle conveniences are seamlessly connected. As homebuyers increasingly seek more than just a desirable address, Versa delivers a balanced living experience defined by space efficiency, flexibility and ... Read More
Developers urged to provide better parks in new housing projects
The Seberang Perai City Council (MBSP) has been urged to strengthen its existing planning approval requirements to ensure open spaces in new residential developments are equipped with quality recreational facilities from the outset, instead of remaining underutilised for years. State Exco for Trade and Community Unity, Goh Choon Aik, said ... Read More
Eden at Botanica CT and AIA Pension & Asset Management enter MoU to Advance Retirement Preparedness in Malaysia
Eden at Botanica CT and AIA Pension and Asset Management Sdn Bhd (APAM) have entered into a Memorandum of Understanding (MoU) to introduce the integration of Private Retirement Scheme (PRS) solutions into a senior living offering, supporting greater financial preparedness for Malaysia’s ageing population. The collaboration reflects a growing focus ... Read More
Penang LRT Mutiara Line: Construction Progress Update (Jun 2026)
Construction of the Penang LRT Mutiara Line continues to gain momentum, with the latest aerial progress update as of 31 May 2026 showing significant activity along Segment 1 (CMC1 Package), which stretches from Komtar to Silicon Island. Multiple work fronts are now visible across the alignment, including piling works, pile ... Read More
SITE PROGRESS: Iconic Harmony (Jun 2026)
About Iconic Harmony An affordable housing development by Iconic Maison Sdn. Bhd. at Alma in Bukit Mertajam, strategically located near the junction of Jalan Rozhan and Jalan Alma, just about 1km from AEON Mall and within minutes’ drive of a wide range of essential amenities. The development comprises a 36-storey condominium ... Read More
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