The Penang government will offer 1,133 affordable housing units under its rent-to-own (RTO) scheme across five projects, with monthly payments starting from RM250. The units, which will be acquired by the Penang Housing Board (LPNPP), are expected to benefit between 4,000 and 5,000 people. State Housing and Environment Committee chairman ... 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 Penang state government has been urged to expedite the development of 419 affordable housing units on a long-vacant parcel of land in Sungai Dua, Northeast District, which has remained undeveloped for about 35 years. Batu Uban assemblyman A. Kumaresan said the approximately 1.9-acre site comprising Lots 9117 and 20113, ... Read More

The government plans to use big data analytics and artificial intelligence (AI) to determine affordable housing needs based on locality, income levels and market demand under the National Housing Policy 2026-2035. Housing and Local Government Minister Nga Kor Ming said the existing RM300,000 ceiling for affordable homes was a “one-size-fits-all” ... Read More

Malaysia’s long-standing definition of “affordable housing” is starting to show its limits. The widely used RM300,000 benchmark, once seen as a practical guideline, now appears increasingly disconnected from household incomes, regional costs and actual purchasing power. As a result, the country faces a paradox: thousands of homes labelled “affordable” remain ... Read More

The Penang State Housing Board (LPNPP) has called for proposals for the development of a Rumah MutiaraKu affordable housing project on a 6.4-acre parcel of land located near Kampung Sungai Acheh in Nibong Tebal. According to the Seberang Perai Local Plan 2030, the site is designated primarily for residential use ... Read More

SkyWorld Development Berhad (“SkyWorld”), Malaysia’s leading city developer, marked a significant milestone today with the groundbreaking ceremony in Seberang Jaya, officially commencing the development of the nation’s largest affordable housing project under the Rumah Bakat MADANI initiative. The event was officiated by Malaysia’s Prime Minister, YAB Dato’ Seri Utama Anwar ... Read More

A newly proposed affordable housing development is set to be built along Jalan Kampung Masjid in Teluk Kumbar, situated close to the upcoming Silicon Island. The site is approximately a 10-minute drive from Penang International Airport and less than 20 minutes from the Penang Second Bridge. The project will consist ... Read More

SkyWorld Development Bhd is set to expand its footprint in Penang with the acquisition of a 25.9-acre land parcel in Batu Kawan for RM48.51 million. The land, known as Parcel 1, is part of a 161.5-acre site in Bandar Cassia, Seberang Perai Selatan, earmarked for the development of Rumah Bakat ... Read More

Penang Chief Minister Chow Kon Yeow has instructed state Housing Committee chairman Datuk Seri S. Sundarajoo to review the housing discount policy announced for Indian Muslims, with the intention of expanding the initiative to benefit all homebuyers. The directive follows public feedback regarding the recent announcement of a five per ... Read More