NAPIC
Penang property market shifts to a more selective cycle
The northern region property market recorded a moderate performance in 2025, with mixed signals across the four states of Penang, Perak, Kedah and Perlis. According to the Northern Region Property Market Report 2025 by the Valuation and Property Services Department (JPPH), the region registered 104,689 transactions worth RM37.36 billion. While ... Read More
Penang ranked 4th as unsold homes nationwide exceed RM13.9 billion
As of late 2024, Malaysia recorded a total of 23,149 completed residential units worth RM13.94 billion that remain unsold, according to the 2024 National Property Market Report released recently. A significant portion of these units—over 60%—comprise condominiums and apartments, while 13.8% are double-storey terrace houses. In terms of pricing, the ... Read More
Malaysia’s property sector set for moderate growth in 2025 despite global uncertainty
The local property sector is expected to record moderate growth in 2025, with projected sales totalling RM21.5bil, amid heightened uncertainty stemming from potential risks associated with both current and former US presidents, Joe Biden and Donald Trump. Investor concerns over the artificial intelligence diffusion policies introduced under the Biden administration ... Read More
Penang ranks fourth in unsold properties in 1H2024
Penang recorded 2,400 unsold residential units in the first half of 2024 (1H2024), placing it fourth among states with the highest property overhang, according to the National Property Information Centre's (Napic) report. The total value of unsold units in Penang amounted to RM2.02 billion, reflecting the ongoing challenges in the ... Read More
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- For the asking price, it’s a steal considering the fact that it comes with a...Justice League on Esenview Residences
- @Julian Onziema Bro need to chill for a lil bit. Im just asking question since...Pepe on Esenview Residences
- typing google search the cube then you can see it type google search the cube...SIM LI on The Cube
- @Tan Wan Ping type google search the cube then you can see it type google...SIM LI on The Cube
- @Julian Onziema Gurney plaza is nothing buy just full of congested jam. The Zen should...Sunny day on Esenview Residences
- i do have a 1165sf,3b,2cp fully renovated unit , please email me if want to...shanetanproperty on The Golden Triangle
- @Pepe Then? indicative 150k price, you want stay in gurney plaza is it? ...Julian Onziema on Esenview Residences
- what is the site progress? any place to see the progress? ...Tan Wan Ping on The Cube
- Batu maung.. will this be too ulu area? Will it be Hard to find food...Pepe on Esenview Residences
- @MK Saw TanKuKu.. I reckon this new parking lot will follow back the concept used...CM Chow on New parking facility at Gurney Bay to open March 18
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OTHER DEVELOPMENTS
- Affordable Housing (Penang Island)
- Butterworth Arena
- Columbia Asia Medical Centre
- Eco-Tourism Hub @ Batu Kawan
- Escape Penang – Eco Theme Park
- GBS @ The Waterfront
- GBS by The Sea
- Gurney Wharf
- IKEA Batu Kawan
- Island Medical CIty
- Kobay Jelutong
- Lin Xiang Xiong Art Gallery
- Linear Waterfront
- Mitsui Outlet Park @ PIA
- One Auto Hub @ Batu Kawan
- Penang Arts District
- Penang Eastern Seafront Development
- Penang Medical & Digital Technology Hub
- Penang Premium Outlets (Design Village)
- Penang Sentral
- Penang South Islands
- Penang Transport Master Plan
- Penang Waterfront Convention Centre
- Penang World City
- PIA Expansion
- Silicon Island
- Teluk Bahang Wellness Resort
- The Ship Campus (ALC College)
- The Top @ Komtar
- Wellness City of Dreams
