The Penang Port Commission (PPC) has signed a lease agreement with MPDT Capital Bhd for the company to redevelop the port's three old warehouses and part of Tanjung City Marina with an expected investment of RM120 million. In a statement today, PPC chairman Datuk Tan Teik Cheng said it had invited qualified ... Read More

Taman Areka neighbourhood park at Lebuh Sungai Pinang 7 is now upgraded with more car parking facilities. Sungai Pinang State Assemblyman (ADUN), Lim Siew Khim said, the car parking facility can now accommodate about 85 vehicles at a time. "The open space here has been upgraded by the Penang Stadium and Open Space ... Read More

A newly proposed affordable housing development by KH Venture Estate Sdn. Bhd. in the heart of Bukit Mertajam. Located on a 1.29-acre land along Lebuh Aston, immediately opposite Aston Park East gated and guarded housing scheme. It is just a stone's away from Jit Sin Independent High School, surrounded by an abundance of ... Read More

Southeast Asia’s only Tropical Spice Garden (TSG) in Penang, is reaching out to Malaysians to ask for their support to help it stay open for generations to come. The eco-attraction launched its crowdfunding campaign “Join the Family, Save the Garden” to raise the vital funds it needs to remain operational ... Read More

The urban regeneration programme at ‘5 Point Blocks’ flats in Lorong Mahsuri 10, Bayan Baru is expected to begin early next year, says state Local Government, Housing, Town and Country Planning Committee chairman Jagdeep Singh Deo. Jagdeep said phase one of the project involves building a total of 345 units of ... Read More

Chief Minister Chow Kon Yeow today congratulated Lam Research Corporation on the official opening of its latest and largest manufacturing facility in Batu Kawan, the first wafer fabrication equipment maker to have set up their business with a manufacturing plant in Malaysia. The corporation has invested RM1 billion in its new ... Read More

Elvina @ Balik Pulau, a small landed residential development by JKP Sdn. Bhd. at Balik Pulau. Located on 1.9 acres are land along Jalan Sungai Nipah 2, adjacent to Balik Pulau Vocational College. It is about 3km from Balik Pulau Town Centre, within 30 minutes drive to Bayan Lepas Free Industrial Zone ... Read More

Yet another proposed light industrial development at Valdor in Sungai Bakap. Undertaken by Dutamas Warisan Sdn. Bhd., the development will be located on a 22-acre land off Jalan Nafiri, adjacent to Nafiri @ Valdor light industrial scheme by GUH Realty Sdn. Bhd. It is only 5km to Batu Kawan Industrial Park, about ... Read More

South Korean semiconductor giant, Simmtech Holdings Inc., has chosen Penang as the strategic location to build its ‘first in the region’ printed circuit board (PCB) and packaging substrate factory. Simmtech’s Phase One investment in Penang, through its subsidiary Sustio Sdn Bhd, is US$120 million (RM508 million). Simmtech Southeast Asia managing ... Read More

Malaysia’s property supply growth in the market spiked by 34.53 per cent year-on-year (YoY) and 11.94 per cent quarter-on-quarter (QoQ) in the second quarter of 2021 (Q2 2021), driven by more homeowners selling property for cash flow, according to PropertyGuru’s latest Malaysia Property Market Index (MPMI). In a statement, PropertyGuru ... Read More