Seal Incorporated Bhd is relinquishing control of its 31.5-acre reclamation project in Bayan Mutiara, in a strategic move to reduce financial risk and ease funding pressure associated with the project’s long gestation period. Under a proposed collaboration, Titanium Greenview Sdn Bhd, a wholly owned unit of GSD Land (M) Sdn ... Read More

The Penang Development Corporation (PDC) has officially issued a Request for Proposal (RFP) for Linear Waterfront development involving land reclamation and land development along the Penang Island southern coastline, marking one of the most significant coastal development initiatives in recent years The proposed development corridor stretches from the Queensbay Roundabout (Bulatan ... Read More

Penang Chief Minister Chow Kon Yeow confirmed at the state assembly that the state government has officially terminated its concession agreement with Rayston Consortium (Butterworth) Sdn Bhd (RCSB) for the Bagan Ajam–Bagan Luar coastline reclamation project. The decision was made after the company failed to demonstrate the feasibility of the proposed ... Read More

Reclamation works for Penang’s Silicon Island project have surpassed the 200-acre mark, marking steady advancement in the state’s largest land reclamation initiative. The development spans 2,300 acres in total, divided into two phases — 1,260 acres in Phase One and 1,040 acres in Phase Two. To commemorate the milestone, Penang ... Read More

The development of Penang’s Silicon Island, a 2,300-acre reclaimed land project, continues to progress on schedule, with key milestones in place to transform it into a high-value economic hub. The depot land for the Penang Light Rail Transit (LRT) Mutiara Line, located on the island, is set to be handed ... Read More

A white knight developer has emerged to revive the long-stalled Penang World City (PWC) project in Bayan Baru, Penang. This ambitious RM10 billion development, spanning 102 acres of existing and reclaimed land, is set to move forward after years of inactivity. According to The Edge Malaysia, the new developer is ... Read More

A newly proposed 60-hectare reclamation off Free Industrial Zone (FIZ) in Bayan Baru, stretching from Queensbay Mall roundabout towards Penang 2nd Bridge. With an estimated GDV of more than RM1 billion, this will be the longest sea-facing promenade in Penang, estimated to be about 8km-long, for the people to jog, exercise ... Read More

Due to the shortage of resources in the state, it is only rational for the state government to use reclaimed land to finance the infrastructure projects, according to two key business organisations in Penang. Real Estate & Housing Developers Association (Rehda) Penang chairman Datuk Jerry Chan said it was the ... Read More