The Penang state government has launched the MADANIHome Ownership Campaign (MOC) 1.0, a strategic initiative aimed at revitalising the local property sector and promoting homeownership among Penangites. Spearheaded by the Penang State Housing Board, the year-long campaign—from 1 June 2025 to 31 May 2026—introduces a range of incentives to stimulate ... Read More

The Penang State Government is stepping up efforts to combat the misuse of affordable housing, following a high-level enforcement and legal committee meeting chaired by the Penang housing and environment state exco Dato Seri Sundarajoo on May 5. The meeting, held at Bilik Nilam in KOMTAR, marked the first session ... Read More

The Penang government will redevelop three long-standing squatter settlements in Seberang Perai into modern residential areas, offering improved housing to residents at no cost. This initiative is part of the state’s broader aim to eliminate squatter settlements and raise living standards. The affected villages—Kampung Manis (nearly 300 homes), Kampung Main ... Read More

The Penang State Government is actively addressing delays affecting the affordable housing, also known as Rumah MutiaraKu (RMKu) projects at Quinton and Sri Bayu to safeguard the interests of homebuyers. Since taking office, Penang State EXCO for Housing, Dato Seri Sundarajoo Somu, has received numerous complaints regarding the setbacks faced ... Read More

Homeownership is set to become more accessible with the launch of the Juru Hills affordable housing project (Rumah MutiaraKu). This initiative is backed by an RM18.5 million Tawarruq Financing Facility agreement between Bank Pembangunan Malaysia Berhad (BPMB) and Firma Atasan Sdn Bhd. A key highlight of the project is the ... Read More

Penang’s affordable housing scheme has been rebranded as Rumah Mutiaraku (RMKu) with enhanced guidelines aimed at fostering a stronger sense of homeownership. The announcement, made by State Housing and Environment Exco Dato’ Seri S. Sundarajoo, aligns with the slogan “Rumahku Syurgaku, Rumah Mutiaraku”. Among the key improvements, Sundarajoo, who is ... Read More

The Penang state government is advancing its ambitious Penang2030 vision, aiming to deliver 220,000 affordable housing units (RMM) to address the growing demand for quality, affordable homes. As of October 31, 2024, 162,689 units are in various stages of development. These include 51,680 units ready for construction, 22,456 under construction, ... Read More