Penang’s largest pickleball facility opens in Jelutong Penang’s largest pickleball facility has officially opened in Jelutong, offering 12 well-designed courts, including two built to international standards. The G.O.A.T Pickleball facility serves as a hub for learning, training, and community engagement, drawing players from across the country. Officiating the launch, Sungai Pinang assemblyman Lim Siew Khim…
The long-awaited Juru-Sungai Dua Elevated Highway project is set to commence physical works in the fourth quarter of 2025, as announced by Penang’s Infrastructure, Transport, and Digital Committee chairman, Zairil Khir Johari. The decision was finalized following a Value Assessment workshop attended by key stakeholders, including the Works Ministry, the Malaysian Highway Authority (LLM), PLUS…
The Pier The Pier, yet another mixed development by Asia Green Group within the vicinity of Bayan Mutiara. It is strategically located along Tun Dr. Lim Chong Eu Expressway, a short drive from Penang Bridge’s Bayan Lepas bound exit on the Island. Adjacent to The Zen development, this project was formerly known as Zen 9. This…
Marriott Residences Queens Waterfront is a residential component of Queens Gate, the fourth phase of the Queens Waterfront precinct in Bayan Lepas, Penang. Developed by Ideal Property Group in collaboration with Marriott International, it features 228 residences designed with modern interiors, private balconies, and floor-to-ceiling windows. Amenities include an infinity pool, fitness center, private theatre,…
Seberang Perai is set to become the focal point of Penang’s industrial expansion as the state government and private sector join forces to drive development forward. In a significant move, the Penang Development Corporation (PDC) and SP Setia Berhad have signed a Memorandum of Collaboration (MoC) to establish a cutting-edge industrial park within the growing…
Image: Buletin Mutiara The long-awaited Package Two bypass road, linking Bandar Baru Air Itam to the Tun Dr Lim Chong Eu Expressway, is progressing ahead of schedule, marking a significant step towards alleviating traffic congestion in Penang. State Infrastructure, Transport, and Digital Committee chairman Zairil Khir Johari announced that the project had reached 73% completion…
After three decades of serving the community, the Seberang Jaya Sony Sports and Recreation Complex is about to undergo a significant transformation, with an RM12 million upgrade designed to elevate its facilities and foster the next generation of sports talent in Penang. Chief Minister Chow Kon Yeow said the project would be fully financed by…
Seiras @ Utropolis Seiras at Utropolis Batu Kawan is a co-living development by Paramount Property, featuring 411 dual- and triple-key serviced apartments designed for modern professionals. As the fifth phase of the 44.3-acre Utropolis Batu Kawan, it offers flexible living spaces with seamless connectivity to Penang Island and key amenities like UOW Malaysia KDU, Columbia Asia…
The Malaysian property market recorded its best performance in a decade in 2024, according to the latest report by the Valuation and Property Services Department (JPPH). The sector saw a 5.4% year-on-year (y-o-y) increase in transaction volume, reaching 420,525 transactions. Meanwhile, the total transaction value surged by 18% y-o-y to RM232.3 billion, reflecting growing confidence…
Penang is taking a significant step toward sustainable development and improved labour conditions with the launch of a centralised worker dormitory project at Penang Science Park South. This initiative, spearheaded by the state government, aims to provide a well-structured and modern living environment for the workforce while addressing social concerns in nearby residential areas. Chief…
The long-anticipated North Coastal Paired Road (NCPR) project, a key component of the Penang Transport Master Plan (PTMP), is set to commence following the state government’s approval of a revised alignment and commercial terms. Penang CM Chow Kon Yeow announced that the NCPR, known as Package 1 under PTMP, will provide an alternative route from…
SITE PROGRESS: Jesselton Courtyard (Feb 2025) About Jesselton Courtyard A luxury residential project by Berjaya Land in the Penang Turf Club area. It features 32 units of Four-Storey Zero-Lot Bungalows (6,649 – 9,054 sq.ft.) with an indicative priced from RM6.48mil, and 207 units of 1½ – 2 Storey Condominiums (2,734–5,167 sq.ft.) with an indicative priced…
Harbour View Residence Harbour View Residence is an affordable housing development under the Rumah MutiaraKu scheme by OSK Property, situated within the vicinity of Harbour Place in Butterworth. Located near Jalan Harbour Place, it is surrounded by several condominiums, including Ocean View Residences, Park View Tower, Sea View Tower, Luminari Residences, and Wellesley Residences. The location offers convenient…
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 innovative financing model designed to…
Discover the epitome of modern living at Cassia Cempaka, a premier residential development nestled in the vibrant township of Bandar Cassia, Batu Kawan. Designed by PDC Properties Sdn. Bhd., this freehold project spans 28.47 acres and is inspired by the elegance of the Cempaka flower, offering a harmonious blend of serene surroundings and contemporary comforts….
The government is confident of achieving its target of delivering 500,000 affordable housing units (RMM) by the end of 2025, according to Housing and Local Government Minister Nga Kor Ming. As of 31 December 2024, 466,421 units—93.3% of the target—have been completed, are under construction, or are in the planning stages nationwide. Nga addressed concerns…
SkyWorld Development Berhad (SkyWorld) is setting a new benchmark in sustainable urban living with its SkyWorld Healthy Home concept, an innovative approach designed to integrate passive design strategies, smart innovations, and eco-conscious features. As SkyWorld prepares to introduce this concept in its upcoming Penang projects, a recent tour of EdgeWood Residences in Kuala Lumpur provided…
Source: enanyang.my The Malaysian property market is expected to see moderate growth in 2025, with property prices projected to rise between 2% and 5%, according to the Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector Malaysia (PEPS). This forecast was shared at the 17th Malaysian Property Summit held in…
SITE PROGRESS: Ideal Venice Residency (Feb 2025) About Ideal Venice Residency The second phase of PR1MA affordable housing development by Ideal Property Group at Island Glades. Strategically located near the intersection of Jalan Bukit Gambir and Jalan Lembah, next to Ideal Residency. It’s just a stone’s throw away from University Science Malaysia (USM), about 5 minutes drive to Penang…
PROPOSED: 20-storey condominium at Batu Uban This is a newly proposed condominium development in Batu Uban, situated on a 2.23-acre plot along Jalan Sultan Azlan Shah, adjacent to the Vilaris Courtyard upscale gated community. The location offers convenient access to the Penang Bridge, just a few minutes’ drive away, and is approximately a 10-minute walk…
Source: Buletin Mutiara Benchmark Precision Technologies marked a significant milestone yesterday with the groundbreaking ceremony of its fifth manufacturing facility in Batu Kawan Industrial Park (BKIP). The new facility, set to be completed by June 2026, will be strategically located next to its fourth facility, further cementing Penang’s reputation as a hub for advanced manufacturing…
SITE PROGRESS: Queens Residences 3 (Feb 2025) About Queens Residences 3 The third phase of the Queens Waterfront development by Ideal Property Group (also known as Q3), situated near Queensbay in Penang. Positioned strategically on reclaimed seafront land directly opposite Queensbay Mall, it’s an expansion of the successful Q1 and Q2. The new phase of development will…
M.A.i GmbH & Co. KG, a renowned German automation solutions provider, has officially opened a new production and sales facility in Penang, marking a significant step in its international growth strategy. This expansion strengthens the company’s presence in Southeast Asia, a region experiencing rapid industrial transformation driven by automation and advanced manufacturing. The state-of-the-art facility…
Selgate Specialist Hospital Pulau Pinang marks a significant milestone as the first Selgate Specialist Hospital in the Northern Region. Serving as the flagship hospital for healthcare services in the Northern Region, it boasts 172 beds and offers a comprehensive range of 31 specialties. Selgate Specialist Hospital Pulau Pinang is a collaboration between MTT Properties &…
Penang to face 2-day water cut in April for pipeline upgrade Four key industrial areas in Penang—Bayan Lepas, Perai, Bukit Minyak, and Batu Kawan—will experience a 48-hour water supply disruption from 25 April (10:00pm) to 27 April (10:00pm). The Penang Water Supply Corporation (PBAPP) announced that approximately 337,000 consumers, including industrial users, will be affected by the scheduled…
Introducing Selgate Specialist Hospital Pulau Pinang – Selgate’s FIRST private specialist hospital in Penang with 172 beds and 31 specialties, located within Penang’s First Integrated Senior Living Resort, the Eden at Botanica CT, Balik Pulau! Selgate Specialist Hospital Pulau Pinang will complement the aged care facility at Eden at Botanica CT to provide a holistic…
SITE PROGRESS: Ari Altitude (Feb 2025) About Ari Altitude An affordable condominium project by PTL Alpha Sdn. Bhd., a subsidiary of PTL Properties Sdn. Bhd., located in the well-established township of Alma, Bukit Mertajam. Situated along Jalan Santuari 3, less than 5 minutes drive from Lotus’s and AEON Mall via Jalan Rozhan and approximately 15…
Hunza Properties Group hosted a spectacular Chinese New Year celebration, “Peachful Fortune” on the 11th and 12th day of the Lunar New Year at the Penang International Commercial City (PICC) sales gallery. The event attracted a large crowd of locals and tourists, creating a vibrant and lively atmosphere. The festival featured a series of exciting…
Penang Development Corporation (PDC) CEO Dato’ Aziz Bakar has announced a major milestone for the Rumah Bakat Baru Madani affordable housing project. The project received planning approval in just 36 days, making it the fastest-approved housing project in Malaysia. Initially aiming for approval within 40 days, PDC successfully secured it four days ahead of schedule. The…
PROPOSED: 1,406-unit serviced residence at Batu Kawan Proposed serviced residence development at Bandar Cassia in Batu Kawan. Strategically located at the intersection of Persiaran Cassia Barat 3 and Persiaran Cassia Barat 5, adjacent to the newly completed Columbia Asia Hospital and Vertu Resort Condominium. It is only a few minutes walking distance to Central Island…
Metrio Group is thrilled to announce the grand opening of the Forescape @ Metrioplace Sales Gallery, held on 8 February 2025 at 10:00am. Located at Pusat Perniagaan Vorteks in Simpang Ampat, this landmark event marks the official introduction of Forescape @ Metrioplace, a 28-storey serviced residence offering 398 exclusive units. With a Gross Development Value…
SITE PROGRESS: Maldives Residences (Feb 2025) About Maldives Residences A residential development by Ideal Property Group at Bayan Lepas. Strategically located along Jalan Sungai Tiram 6, just across the road from Havana Beach Residences. It is conveniently connected to Jalan Tun Dr Awang, less than 2km away from Penang International Airport. This development comprises 46-storey building…
Scheduled water disruption in Simpang Ampat starting tonight at 10pm Some 4,000 Penang Water Supply Corporation (PBAPP) consumers in the Simpang Ampat area on the mainland will experience a scheduled water supply disruption from 10pm Friday (Feb 7) to Saturday. In a statement, the corporation announced that the disruption is due to final pipe connection…
Grand opening of Forescape Sales Gallery on 8 & 9 Feb! Metrio Group is excited to invite you to the Grand Opening of the Forescape Sales Gallery on 8 & 9 February 2025! Be ready for a day filled with engaging activities, vibrant traditions, and unforgettable experiences designed just for you. From cultural performances to…
The Penang Land and Mines Office is calling on property owners to take advantage of a 100% penalty waiver on overdue land and parcel tax payments before the February 28, 2025 deadline. Announced by Chief Minister Chow Kon Yeow in December 2024, this initiative aims to encourage prompt tax payments and reduce arrears. This call…
Iconic Maison Sdn Bhd, a wholly owned subsidiary of Iconic Worldwide Berhad, celebrated the Chinese New Year in spectacular fashion at its highly anticipated Chinese New Year Open House, bringing together families, friends, and communities for a joyous celebration filled with tradition, entertainment, and prosperity. As part of its commitment to giving back to loyal…
Taman Tan Sai Gin A new phase of landed residential development by Airmas Synergy Sdn. Bhd. at Taman Tan Sai Gin in Bukit Mertajam. Located along Jalan Tan Sai Gin 3, adjacent Dutamas Residence by the same developer. It is only about 1km away to KTM station, just a mere minute’s drive to Bukit Mertajam town centre. This…
1st Avenue Penang’s CNY Walk 2025 draws 3,000 participants The highly anticipated 1st Avenue Penang’s CNY Walk 2025 saw 3,000 participants take part in a day of fun, fitness, and community spirit. This event, which took place yesterday, has entered its third year and has grown into a much-anticipated tradition that brings the community together….
Embun Hills Embun Hills is an upcoming mixed development by Paramount Property in Machang Bubok, Bukit Mertajam. Strategically located along Jalan Kulim, it is approximately 3 km from the Penang-Kedah border. The project will be developed in multiple phases, featuring a mix of shop offices and gated residences with full clubhouse facilities. Upon completion, it…
Residents of Taman Lip Sin in Bayan Lepas can soon enjoy Penang’s first-ever age-friendly neighbourhood park, the Lengkok Nipah Neighbourhood Park. This milestone project, a collaboration between the Penang Island City Council (MBPP) and the Bayan Baru parliamentary constituency office, aims to foster inclusivity and enhance community well-being. The groundbreaking ceremony, held a day before…
PIX 1 Residences PIX 1 Residences is the first phase of the 16-acre Penang International Exchange master-planned development by Ideal Property Group in Bayan Baru. Featuring two block of serviced residence towers spanning six acres of land within the matured neighborhood. It is strategically located along Jalan Mayang Pasir, near Pantai Hospital, within walking distance…
Chinese New Year 2025 Events & Roadshows Wishing you a prosperous and joyful Chinese New Year 2025! Embrace the spirit of the Year of the Snake by celebrating with loved ones, exploring festive events, and finding your dream home. Make this Lunar New Year truly memorable with exclusive CNY deals and offers! Mah Sing Group…
Welcome to Maris, the latest gem in Penang’s luxurious waterfront lifestyle, meticulously crafted by Eastern & Oriental Berhad (E&O). Nestled in the dynamic Gurney Green district on Andaman Island, Maris redefines the concept of tropical waterfront living with its harmonious blend of coastal charm, urban energy, and sustainable design. Whether you’re a young professional seeking…
Penang eyes Sport City development in Batu Kawan The Penang State Government has unveiled plans to develop a state-of-the-art “Sport City” near the State Stadium in Batu Kawan. The initiative aims to elevate the quality of life for Penang residents and position the state as a premier regional hub for prestigious sports events. Chief Minister…
Nestled in the heart of Penang Island, Jesselton Courtyard at Jesselton Selatan embodies the pinnacle of modern luxury and timeless elegance. Developed by Berjaya Land Berhad, this exclusive freehold enclave seamlessly blends heritage-inspired architecture with contemporary sophistication, redefining the art of refined living. Situated within the prestigious Jesselton neighbourhood, this gated and guarded community spans…
MBSP introduces 70% rebate for legalising home extensions For illustration only The Seberang Perai City Council (MBSP) has launched a legalisation programme for unauthorized home extensions, offering significant rebates of up to 70%. This initiative, aimed at improving compliance and property value, will start in February. MBSP mayor Datuk Baderul Amin Abdul Hamid stated that…
Ring in the Year of the Snake by making a prosperous investment in one of Penang’s most sought-after locations. With prices as low as RM650,000, this is an exceptional opportunity to secure a stunning seafront freehold property at The Light Waterfront Penang, Gelugor, where the exclusive Stark TOWER offers luxury and comfort in a prime waterfront…
Celebrate Chinese New Year at Iconic Harmony Sales Gallery! This Chinese New Year, gather your friends and family for a vibrant celebration at the Iconic Harmony Sales Gallery! Enjoy an array of lively cultural performances, participate in engaging workshops, and stand a chance to win amazing prizes. Don’t miss this opportunity to create cherished memories…
You’re invited: Grand opening of Forescape Sales Gallery! Metrio Group is excited to invite you to the Grand Opening of the Forescape Sales Gallery! Be ready for a day filled with engaging activities, vibrant traditions, and unforgettable experiences designed just for you. From cultural performances to exclusive previews and exciting hands-on sessions, there’s something for…
In its latest Monetary Policy Committee (MPC) meeting, Bank Negara Malaysia (BNM) announced its decision to maintain the Overnight Policy Rate (OPR) at 3%. This move aligns with the central bank’s goal of fostering sustainable economic growth while maintaining price stability. The global economy showed stronger-than-anticipated growth in 2024, driven by robust performance in major…
Imagine starting your day with the soothing sound of waves and panoramic views of the sea or lush green hills. At Laguna Bay Residences, this dream becomes your reality. Located in the tranquil enclave of Teluk Kumbar, Penang, this low-density, freehold residential development by Kobay Properties Development Group offers an unparalleled lifestyle that blends modern…
Celebrate CNY with Paramount Property at Utropolis Batu Kawan Ring in the Year of Blessings and Renewed Bonds with Paramount Property this Chinese New Year! Join Paramount Property for a festive celebration filled with joy, family-friendly activities, and exciting offers. Event Details: Date: 1 February 2025 Time: 10 AM – 5 PM Venue: Paramount Property Gallery…
Wakaf MAINPP and PVISB to develop affordable housing on Wakaf Land Wakaf Majlis Agama Islam Negeri Pulau Pinang (Wakaf MAINPP) and Perda Ventures Incorporated Sdn. Bhd. (PVISB) have signed a memorandum of understanding (MoU) to develop wakaf land at Lot 60, Mukim 11, Bayan Lepas. The project will include the construction of 510 affordable housing…
Tesla Light Show illuminates Penang’s Pekaka Place, welcoming the Year of Snake with full of ONG Pekaka Place in Penang Island came alive with a spectacular Tesla Light Show on Saturday, delivering an electrifying performance that left the audience in awe. The event showcased a dazzling choreography of lights synchronized to music, performed by a…
PPR Taman Manggis to implement gated and guarded scheme Starting 1 Feb, the People’s Housing Project (PPR) at Taman Manggis in George Town will become the first PPR in Penang to adopt a gated and guarded scheme. The move, aimed at addressing maintenance fee issues, was announced by State Housing and Environment Committee chairman Datuk…
Penang’s strategic location, robust economic ecosystem, and ambitious infrastructure developments position it as a rising financial hub and key player in the ASEAN region. At the recent ASEAN Business Advisory Council (ASEAN-BAC) Malaysia Chairmanship 2025 launch, Penang Chief Minister Chow Kon Yeow highlighted the state’s strengths in logistics, trade, and manufacturing, underlining its potential to…
SITE PROGRESS: Central Residence (Jan 2025) About Central Residence A residential project in Jelutong, located on 1.2 acres of land along Lorong Madrasah, directly opposite Jelutong Palace apartment. Just 5 minutes from the Penang Bridge and a short drive from the Jalan Ahmad Nor/Tun Dr. Lim Chong Eu interchange, this 35-storey condominium offers 298 residential…
Strong support for Kampung Valdor leasehold extensions The Penang government’s offer of optional 99-year leasehold extensions and premium discounts has been warmly received by leaseholders in Kampung Valdor, Nibong Tebal. During a dialogue session with Chief Minister Chow Kon Yeow, Bukit Tambun assemblyman Goh Choon Aik, and state Land and Mines officials, attendees expressed their…
Eastern & Oriental Berhad (E&O), Malaysia’s premier lifestyle developer, revealed its latest waterfront residence, Maris. Located within the vibrant Gurney Green district on Andaman Island, Maris epitomises marina-inspired living and will offer residents a unique blend of urban convenience and tranquil seafront elegance. With a Gross Development Value (GDV) close to RM 700 million, Maris…
Kings Galleria @ RU Square Raja Uda Kings Galleria at RU Square, Raja Uda is designed to become more desirable by offering convenience to the neighbourhood. It is a commercial development that includes individual titles. Kings Galleria showcases a unique, modern, and heritage design concept with a total of 16 units of semi-detached shop lots,…
Bank Negara Malaysia (BNM) has raised concerns that overly lenient housing loan policies could undermine affordability and destabilize the property market. The central bank highlighted that relaxed financing conditions, such as extended loan tenures and speculative buying driven by easy credit access, significantly contributed to housing price surges between 2012 and 2014. During this period,…
Sunway Property, the property arm of Sunway Group, has announced Chung Soo Kiong as its new Managing Director. Chung, who succeeds Datin Paduka Sarena Cheah, brings more than 20 years of extensive experience in property development and construction businesses within Sunway Group. Chung most recently served as the Managing Director of Sunway Property’s International division,…
Eco World Development Group Berhad (EcoWorld) celebrated the grand opening of its new retail hub, Australis @ Eco Horizon City, on Friday. The event marked a significant milestone as EcoWorld announced its partnership with EFS Revision Energy Sdn Bhd (EFS) to install solar energy systems in key facilities, moving closer to its 2050 net-zero goal….
Penang reached a historic milestone today with the official launch of the Mutiara Light Rail Transit (LRT) Line project. The groundbreaking ceremony, held in Bandar Sri Pinang, Sungai Pinang, was officiated by Prime Minister Datuk Seri Anwar Ibrahim and marked a transformative moment in the state’s transportation landscape. Penang Chief Minister Chow Kon Yeow hailed…
SITE PROGRESS: Terraces Condominium (Jan 2025) About Terraces Condominium A highrise residential development by IJM Land at Bukit Jambul, Penang. Strategically located on 9.32 acres of land next to INTI International College. It comprises a 34-storey condominium tower, featuring 410 residential units with two different design types to choose from. *Photo taken in Dec 2024 Find out…
Penang to roll out RM1.8 billion water supply projects Source: PBA The Penang Water Supply Corporation (PBAPP) has announced six major water supply projects valued at over RM1.8 billion to meet the rising water demand in the state. Four of these projects, costing a total of RM824 million, are set to begin this year under…
Free parking extended for Penang Smart Parking users until 11 Jan Penang Smart Parking (PSP) users can continue to enjoy free parking from 6 January 2025 at 3:30 PM until 11 January 2025 at 11:59 PM. This extension comes as the app continues to face technical issues, providing users with a temporary relief while the…
Photo: @DroneAriel This year’s iconic Pesta Pulau Pinang is set to be the last held at the Tapak Pesta Sungai Nibong, as the venue will soon make way for the Mutiara Light Rail Transit (LRT) Line development. Chief Minister Chow Kon Yeow announced during the festival’s launch that part of the site will be repurposed…
Damai Lestari Picture: Pre-launching of Damai Lestari (Dec 2024) Damai Lestari is a proposed landed residential project by PDC Properties, situated in Bertam, near Jalan Bertam 2. The development is strategically located close to Lotus’s hypermarket, Northern Seberang Perai Police Quarters, and other government buildings, providing convenient access to amenities and services. Spanning 4.481 acres, the…
PROPOSED: Hotel and serviced residence at Batu Ferringhi A newly proposed hotel and serviced residence development along Jalan Batu Ferringhi, adjacent to the Bayview Beach Resort and offering direct beach access. Within a 1km radius, other notable hotels include Hard Rock Hotel Penang and Parkroyal Penang Resort. The project involves constructing a 16-storey building with…
The eagerly awaited Elvina project celebrated a significant milestone as homeowners received their keys during a grand handover ceremony. The highly anticipated Elvina project in Jalan Sungai Nipah 2, Balik Pulau, Penang reached a major milestone with a successful key handover ceremony held on January 6, 2025. The event marked the completion of 26 double-storey…
Penang breaks ground on ‘co-house’ affordable housing in Permatang Tinggi Penang has introduced a new affordable housing project in Permatang Tinggi, featuring a ‘co-house’ concept aimed at providing more accessible landed homeownership options for its residents. The initiative, under the C3 Affordable Housing (RMM) category, marks the state’s first townhouse-style development by the Penang Housing…
SITE PROGRESS: Lucerne Residences (Jan 2025) About Lucerne Residences The final phase of residential development by Ideal Property Group at Ideal Vision Park in Bayan Lepas. It is just a short drive to Penang International Airport, 10 minutes walking distance to Straits International School. The project will see two blocks of 36-storey skyscrapers featuring a European living concept. It offers…
Source: Google Street View The Penang Island City Council (MBPP) is planning to introduce a two-hour parking limit in high-traffic areas facing severe parking shortages, particularly in George Town. MBPP Mayor Datuk A. Rajendran unveiled the proposal during the swearing-in ceremony of 24 councillors at City Hall on Friday. “The rise in car ownership, averaging…
Study and design work for Juru-Sungai Dua Elevated Highway in progress The Juru-Sungai Dua Elevated Highway project has entered its preliminary phase, with study and design works currently in progress. Penang Chief Minister Chow Kon Yeow announced that the executing agency has already begun the year-long process, though the public may not yet observe physical…
First Affordable Apartments in Lunas: Prime Investment Opportunity Just 10 Minutes to Kulim Hi-Tech Park If you’re looking for an affordable investment opportunity in Malaysia’s burgeoning real estate market, Lunas offers a prime location that shouldn’t be overlooked. Situated just a 10-minute drive from the Kulim Hi-Tech Park, this vibrant area is becoming an increasingly…
About Versa Versa, a condominium project by Aspen Group, is situated in Batu Kawan near Vivo Executive Apartment, Klippa Shopping Centre, and Central Island Park. The development consists of two residential towers with nine commercial units and includes facilities such as a leisure pool, games court, gym, skating rink, BBQ garden, reflexology garden, and a multipurpose…
The long-awaited Mutiara Line Light Rail Transit (LRT) project in Penang is set to officially begin with a groundbreaking ceremony on January 11, 2025. Prime Minister Datuk Seri Anwar Ibrahim will officiate the event, marking a significant milestone in Penang’s public transportation development. Sungai Pinang state assemblywoman Lim Siew Khim shared updates on the project’s…
Top 10 Most Popular Projects in 2024 As we step into 2025, it’s time to reflect on the most sought-after property developments of 2024, based on page views on our website. Affordable housing projects once again dominated the list, showcasing the continued demand for budget-friendly homes in Penang. Interestingly, half of this year’s top projects…
Nestled in the thriving hotspot of Batu Kawan in Penang, the Eco Horizon township spans an impressive 300 acres of freehold land. As a comprehensive mixed development, it features a harmonious blend of landed properties, serviced apartments and commercial shoplots. Among the many highlights of this township, is its latest gem – Dawson Collection, the…
About Ceria D’ Eco Horizon Ceria D’ Eco Horizon is a serviced apartment by Eco Horizon Sdn. Bhd. in Batu Kawan. Located along Bandar Cassia Expressway, this will be a new commercial addition to Eco Horizon master-planned development in Batu Kawan. It is diagonally opposite the IKEA store, just a mere minutes drive from the home of…
The Iconic Group has unveiled its latest venture, the Iconic Marjorie Hotel, a Tribute Portfolio Hotel under the Marriott International brand. The five-star hotel, located in Bayan Lepas, celebrated its soft opening in a ceremony attended by distinguished guests, including YAB Tuan Chow Kon Yeow, the Chief Minister of Penang, and H.E. Mr. Zhou Youbin,…
Forescape is a new serviced residence within the 35.3-acre Metrioplace Commercial Hub by Metrio Group, located near Batu Kawan. Located along Jalan Batu Kawan and adjacent to Vortex Business Park, the development offers convenient access to key transport links, being just a few minutes’ drive from the Bukit Tambun Toll Plaza and less than 10 minutes…
Eastern & Oriental Berhad (E&O), in collaboration with local entrepreneur community Cloud Club, recently hosted Andaman Island’s first large-scale community Christmas event, the Fa-La-La Christmas Market. Held over three days, the event attracted approximately 10,000 visitors daily and celebrated the festive season, showcasing local entrepreneurial talent through a curated marketplace and community-driven activities. Located on…
Penang grants full quit rent penalty waiver to encourage early payments The Penang government is granting a 100 per cent exemption from quit rent and parcel rent penalty arrears to all land and parcel owners in the state who make payments for the two taxes from January 2 to February 28, 2025. The Chief Minister’s…
SITE PROGRESS: Cassia Cempaka (Dec 2024) About Cassia Cempaka Landed residential development by PDC Properties Sdn. Bhd. in Bandar Cassia. Strategically located along Jalan Batu Kawan, neighboring Batu Kawan Police Station and Fire & Rescue Station. It is about 5km to IKEA, and less than 10 minute’s drive to Penang Second Bridge and Batu Kawan Industrial…
Don’t miss the PDC Properties Roadshow at Aeon Big this 27–29 Dec! Visit the PDC Properties booth starting this Friday at Aeon Big, Bukit Minyak, to explore a wide range of exciting property developments! Bring along your family, friends, and neighbors for a fun and informative day! Location: Aeon Big, Bukit MinyakDate: 27-29 December 2024…
Fire breaks out at a condominium construction site in Jelutong A construction site in Jelutong became the scene of a dramatic rescue this morning after a fire forced workers to flee for their lives. The incident, first reported by Sin Chew Daily, occurred at approximately 8am on Jalan Tengku, where a 29-story condominium block with…
Dahlia @ Botanica.CT Dahlia @ Botanica.CT is the latest affordable housing development by MTT Properties & Development Sdn. Bhd. in Balik Pulau. Located near Jalan Sungai Air Putih, allowing for a convenient short walk to Botanica CT Centre. Additionally, residents will also find other amenities such as Prince of Wales Island International School and Botanica Park…
Just days after the resounding success of the Aspen-Klippa Penang Bridge International Marathon, Klippa Shopping Centre has unveiled another game-changing addition to its vibrant Batu Kawan destination. Come June 2025, Soccer Experience @ Klippa Batu Kawan, Powered by IKEA, will open its doors as a state-of-the-art facility designed to promote community, lifestyle, and healthy living….
Peak hour heavy vehicle ban in Bukit Tambun to begin February 2025 The Seberang Perai City Council (MBSP) has announced a restriction on heavy vehicles exceeding five tons from using specific roads in the Bukit Tambun area during peak hours. The enforcement will begin on February 3, 2025, and is aimed at reducing traffic congestion…
SITE PROGRESS: D’ Starlingtton (Dec 2024) About D’ Starlingtton A 29-storey condominium development by Wismas Dayamas Sdn. Bhd. (GSD Land) in Teluk Kumbar, covering 4.5 acres along Jalan Teluk Kumbar, about 2km from Penang International Airport. The project features 820 residential units with an 11-storey carpark, and rooftop facilities. Neighboring communities include Platinum III, D’zone Condominium,…
The Penang government, through the One-Stop Centre (OSC) of the Seberang Perai City Council (MBSP), has set an ambitious goal to shorten the planning permission approval process to just 40 days. Chief Minister Chow Kon Yeow said MBSP and all technical agencies are actively collaborating to streamline the process. He acknowledged the current approval period under…
The 19th Annual PropertyGuru Asia Property Awards Grand Final recently celebrated the pinnacle of real estate excellence across the region. Hosted at The Athenee Hotel, Bangkok, this prestigious event brought together over 130 award-winning finalists, spotlighting their exceptional contributions to the property sector. Malaysia stood out at this year’s awards, securing an impressive 11 accolades…
PROPOSED: 39-storey serviced residence @ Bayan Mutiara A newly proposed commercial property development on a 4-acre coastal site in Bayan Mutiara. The location is between The Pier serviced residence, currently under construction by Asia Green, and the police marine quarters. It is the last available piece of coastal land in the northern part of Bayan…
Master Community Developer Sunway Property has officially launched Serene Villas, the latest addition to the thriving Sunway Wellesley master-planned community. The GreenRE-certified townhome development combines sustainable designs with exclusive clubhouse facilities, thoughtfully crafted for multigenerational living in Bukit Mertajam, one of Penang’s most sought-after areas. The launch also marked the grand opening of its newly…
Scheduled water disruption in Seberang Perai Selatan The Penang Water Supply Corporation (PBAPP) has announced a 14-hour scheduled water disruption affecting 7,238 residential and commercial premises in Seberang Perai Selatan. The interruption will begin at 10pm today and is expected to end by noon on Wednesday. This is due to the temporary shutdown of a…
Maris @ Andaman Island Maris marks the first high-rise coastal development on Andaman Island, situated along Gurney Green and offering picturesque views of the lively Gurney Drive. This 49-storey residential project introduces a marina-inspired lifestyle, blending modern living with a unique coastal ambiance. With excellent connectivity linking Andaman Island to Seri Tanjung Pinang and Gurney…
SITE PROGRESS: Orange Hartamas (Dec 2024) About Orange Hartamas Located in Kubang Semang, this mixed development by Tahwah Group is just a 10-minute drive from Bukit Mertajam and 15 minutes from Kulim Hi-Tech Park. Several public schools, including SJKC Kubang Semang, Sri Penanti Primary School, SMK Penanti, and SMK Mengkuang, are within easy reach. The development…
A transport consultant has questioned whether the upcoming LRT project in Penang is robust enough to withstand political shifts given the country’s track record with rail projects in the past. Wan Agyl Wan Hassan, the founder of transport think tank My Mobility Vision, said that while the government is often bound by legal obligations in…
SITE PROGRESS: G’Vinton (Dec 2024) About G’Vinton A serviced residence development by GSD Land in George Town. The project spans approximately 1 acre and is strategically positioned between Ambank and the NSTP building, offering convenient access to KOMTAR and Gurney Drive. The development will include 508 serviced suites, a nine-level car parking podium, and four shop…
Parking fee increase in Seberang Perai starts January 2025 Seberang Perai motorists will face higher parking charges beginning 1 Jan 2025, following the Seberang Perai City Council’s (MBSP) announcement of a 100% increase in parking fees. Under the revised rates, hourly parking will cost RM0.80, up from RM0.40, while daily rates will increase from RM3 to…
Setia Suria Setia Suria, the latest terraced homes at Setia Fontaines township development in Kepala Batas. The township features key amenities such as a 63-acre lake and the 37-acre Penang Heritage Park. Earlier phases, including the City Centre Business Hub and NusaCinta, are fully sold, with Amansara North sub-phases seeing strong demand. The township is connected…
Following the success of the Kampung Manis redevelopment project, Penang has unveiled plans for another transformative initiative—the Ujong Batu redevelopment project. State Housing and Environment Committee chairman Datuk Seri Sundarajoo Somu announced that 268 eligible residents of Kampung Ujong Batu would receive free 750 sq ft units, valued up to RM100,000, in exchange for their…
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 restructuring Hemat Tuah Sdn Bhd,…
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 over to Mass Rapid Transit…
Penang is set to break new ground in addressing housing affordability with the launch of the Rumah Bakat Baru Madani Affordable Housing Scheme, the nation’s largest housing initiative targeting the B40 and M40 income groups. The project, announced today, will be developed on two strategic plots of land in Seberang Perai: 34 acres in Seberang Jaya,…
Taman Alma Permai Taman Alma Permai, a strata housing development by CMC Premier Land Sdn. Bdh. at the ever-bustling township of Alma in Bukit Mertajam. Strategically located near Jalan Alma Ria 2, this upcoming project is adjacent to Jesselton Hills and in close proximity to the Hillpark Residences gated community. Additionally, it is conveniently situated less than…
The Penang Silicon Design @5km+ initiative was officially launched yesterday, heralding a new era in Malaysia’s integrated circuit (IC) design landscape. Spearheaded by InvestPenang under the Penang state government, the initiative seeks to establish a thriving IC design ecosystem within a 5km+ radius of the Bayan Lepas industrial park. Prime Minister Datuk Seri Anwar Ibrahim…
The Sultan Abdul Halim Muadzam Shah Bridge (Penang Second Bridge) will be temporarily closed from 11pm on 14 December until 10am on 15 December to facilitate the Aspen-Klippa Penang Bridge International Marathon 2024. State Tourism and Creative Economy Committee chairman Wong Hon Wai announced the closure during a press conference at Komtar last week. He emphasized that…
About Codrington Residence A luxury 29-storey condominium in Pulau Tikus by Primary Spectra Development Sdn. Bhd., located along Codrington Avenue near Moulmein Rise and Gurney Drive. This low-density development features 198 units, with only 11 per floor, starting from 1,400 sq.ft. Designed with modern layouts and attention to detail, it offers an exclusive, upscale lifestyle…
PROPOSED: 55-storey affordable housing @ Tanjung Bungah Newly proposed affordable housing development in Tanjung Bungah. Located along Lorong Sungai Kelian 10, right next to Prince of Wales Island International School. It is also just a few minutes walk to Tenby Schools, about 10 minutes drive to Gurney Drive. This project features a 55-storey residential tower dedicated…
Taman Selayang Jaya Taman Selayang Jaya, a new phase of landed housing development by SP City Development Sdn. Bhd. in Butterworth. Situated off Jalan Seri Selayang, a brief drive from the Butterworth Outer Ring Road, this location offers unparalleled convenience. Just a 5-minute drive connects you to the North-South Expressway, while reaching the Penang Bridge takes…
The reclamation for the Mutiara Line Light Rail Transit (LRT) Depot on Silicon Island is making remarkable progress, with the land now extending over 28 hectares. This depot will serve as a cornerstone of the island’s ambitious transportation network, supporting a visionary shift toward green mobility and sustainable urban living. A transformative vision Silicon Island,…
For illustration only Penang CM Chow Kon Yeow has emphasized that all foreign worker dormitory projects in the state must adhere strictly to established guidelines, including conducting Social Impact Assessments (SIA) and Traffic Impact Assessments (TIA). These measures aim to ensure that such projects consider their effects on surrounding communities before receiving approval from local authorities….
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, and 88,553 in the design…
Penang government is carefully evaluating the establishment of a Special Financial Zone (SFZ), recognising its potential as a transformative economic driver. Chief Minister Chow Kon Yeow revealed that the Penang Institute (PI) is leading the study into the proposal. During a winding-up speech at the Penang Legislative Assembly, Chow highlighted the findings from a public…
Tuan Pavilion Tuan Pavilion, a high-rise residential development spanning 2.4 acres along Solok Zoo 1 in Air Itam, conveniently located near the Permata Sports Complex. Situated less than 2km from Sunshine Central Mall, it offers easy access to the upcoming Air Itam Bypass, scheduled for completion in 2025. This project consisting of two towers with a…
Penang parking rates to increase by 50% starting March 2025 The Penang Island City Council (MBPP) has announced a 50% increase in parking rates on Penang Island, effective March 2025. Mayor Rajendran Anthony explained that the adjustment is necessary to fund the maintenance of smart parking sensors and system upgrades under the Penang Smart Parking…
Crowne Plaza Penang Straits City, the flagship development of the Straits City Future City waterfront project, has officially opened in Butterworth. This hotel marks the first phase of the 40-acre Straits City Masterplan, a collaborative effort by Singapore Exchange-listed Straits Trading Company Limited and Malaysia Smelting Corporation Berhad. The development aims to create a smart…
The ‘Skim Perumahan Sewa Khas’ (SPSK) scheme, aimed at providing housing for youths and singles in Penang, is currently in its initial phase. Once implemented, it is expected to significantly benefit these groups. State Housing and Environment Committee chairman Datuk Seri Sundarajoo Somu (PH-Perai) revealed this during the Penang Legislative Assembly session at the State Assembly…
Penang LRT Mutiara Line to include park-and-ride facilities for better connectivity The Penang Light Rail Transit (LRT) Mutiara Line project is set to enhance connectivity with 20 stations on Penang Island and one on the mainland at Penang Sentral in Seberang Perai. This landmark project, developed by MRT Corp, aims to provide seamless transport options…
SITE PROGRESS: The Meg @ Andaman (Nov 2024) About The Meg @ Andaman The first project in Andaman Island, the highly-anticipated prime reclaimed island of Seri Tanjung Pinang Phase 2A by E&O. Features two blocks of 27 and 34-storey serviced apartments with an estimated GDV of RM690 million. It comprises 1,020 residential units with innovative layouts…
Penang revamps land management to boost revenue and ensure fairness Land management continues to serve as a cornerstone of Penang’s economic stability, contributing a significant 40% to 50% of the state’s annual revenue. This income is derived from land tax collections, premium payments, and transaction fees. To bolster this crucial revenue stream, the Penang government…
The construction of Le Meridien Penang Airport and Rackson’s Serviced Apartment near Penang International Airport (PIA) marks a significant milestone in Penang’s journey towards becoming a global hub for business, tourism, and innovation. These projects, part of the visionary Penang Gateway development, carry a gross development value of RM1.5 billion. Speaking at the second groundbreaking…
Jayamas and The Ark bring world-class education to Raja Uda A significant milestone was achieved on Friday with the signing of a Memorandum of Understanding (MOU) between Jayamas Property Group and The Ark International School. The ceremony took place at Jayamas Property Group’s headquarters in Bukit Mertajam, marking a key step in redefining the RU Square…
Andaman Island is rapidly emerging as a prestigious and innovative development, setting new standards for sustainable living in Malaysia. This 253-acre project by Eastern & Oriental Berhad (E&O) comprises three districts: Shoreline, Gurney Green, and Canalside, each designed around the pillars of sustainability, connectivity, and quality of life. Andaman Island: A Model of Sustainable Urbanism…
SITE PROGRESS: Alton Skyvillas (Nov 2024) About Alton Skyvillas Alton Skyvillas is a 29-storey condominium by Dutamas Permai Sdn. Bhd. (Airmas Group), is strategically located on a 1.3-acre site along Jalan Jelutong, adjacent to the newly completed Artis 3 condominium. Just 10 minutes from Penang Bridge and 4km from KOMTAR, it is surrounded by prominent…
Eastern & Oriental Berhad (E&O), Malaysia’s premier lifestyle property developer, yesterday announced its masterplan for Andaman Island, an ambitious, first-of-its-kind development in Malaysia. With an estimated Gross Development Value (GDV) of RM 60 billion, this masterplan reflects over 30 years of vision to create a vibrant, eco-conscious island township that harmonises Penang’s heritage with future-ready urban…
The Penang Development Corporation (PDC) celebrated its 55th anniversary with an event at its Bayan Lepas headquarters, marking over five decades of transformative contributions to the state’s socio-economic landscape. Penang Chief Minister Chow Kon Yeow, along with other dignitaries, reflected on the agency’s achievements and its pivotal role in shaping Penang’s future. Celebrating Milestones Chief…
The Federation of Malaysian Consumers Associations (Fomca) has sounded the alarm over the rise of fake house rental agents in Malaysia, who pose as legitimate professionals to scam unsuspecting tenants, especially foreign students. According to Fomca secretary-general Dr. Saravanan Thambirajah, these scammers use fake business cards, online ads, and social media profiles to appear credible….
Steady progress on Air Itam bypass construction Construction of the Air Itam bypass highway is progressing well, with several key milestones achieved. A recent site visit by YB Wong Hon Wai revealed that the piling work for the section between Lebuhraya Thean Teik and Farlim Market has been fully completed. Additionally, reinforced concrete piling for…
Taman Seri Villa Permai Taman Seri Villa Permai is a landed development by TID Development Sdn. Bhd. (a subsidiary of Tambun Indah) near Kota Permai in Bukit Mertajam. Strategically located near Jalan Kota Permai, just a few minutes’ walk to SJKC Beng Teik. It is neighboring with an abundance of amenities and easily accessible via Jalan Song Ban Kheng….
SP Setia eyes collaboration with Penang government for sustainable industrial hub in Setia Fontaines SP Setia Bhd, a leading pioneer in property development in Malaysia, has expressed its interest in collaborating with the Penang government to drive sustainability initiatives while seeking support for the implementation of its proposed industrial-based business park in Setia Fontaines on…
SITE PROGRESS: GEM Residences (Nov 2024) About GEM Residences GEM Residences, a commercial development by Belleview Group at Prai, Penang. It is part of the company’s 6 hectares mixed development along Jalan Baru, diagonally opposite Megamall Penang. Next to it will be the upcoming largest mall in the northern region – GEM Mall, the tenant mix…
PROPOSED: 28-storey affordable housing @ Batu Maung Proposed affordable housing development in Batu Maung spans 2.76 acres off Jalan Kekabu 5, just a short distance from Sunway Cassia. Ideally situated, it is less than 5 km from the Penang Second Bridge and approximately a 10-minute drive from Penang International Airport. The proposed development consists of…
SITE PROGRESS: Vivo Executive Apartment (Nov 2024) About Vivo Executive Apartment A serviced apartment within Aspen Vision City township development at Batu Kawan. It is strategically located next to the upcoming Integrated Shopping Mall, walking distance to the Central Island Park. The units will be built complete with communal co-sharing working space and a social kitchen…
Dexcom Malaysia Sdn. Bhd., a global leader in continuous glucose monitoring (CGM) technology for diabetes management, has officially opened a state-of-the-art facility in Batu Kawan Industrial Park (BKIP). Spanning 28 acres and covering approximately 887,510 square feet, the new facility marks a significant investment by Dexcom in Malaysia and represents a major boost to the…
The “Rivanis” development project, a mixed-use venture spearheaded by Rivanis Ventures Sdn. Bhd., is set to transform the landscape of Kampung Manis in Perai, Penang. This project, recently formalized through a Memorandum of Agreement between the Railway Asset Corporation (RAC) and the Penang State Housing Board (LPNPP), aligns with Penang’s Vision 2030 initiative to enhance…
Kampung Manis redevelopment set to transform community living | Penang Property Talk Copyright © 2024 Penang Property Talk
MBPP opens applications for 163 market and hawker stalls The Penang Island City Council (MBPP) will open applications for 163 vacant stalls across 37 public markets, food courts, and temporary hawker sites starting today (November 9). MBPP’s Public Health and Licensing Committee Alternate Chairman, Tan Soo Siang, shared that the council previously allocated stalls for…
PROPOSED: Gated and guarded development @ Nibong Tebal A proposed strata development scheme in Nibong Tebal, situated on a 4.7-acre plot along Jalan Ampang Jajar, next to Kerian River and just a short distance from the USM Engineering Campus. The location is approximately 1 km from the Penang-Kedah border. This development will feature a 12-storey…
The Monetary Policy Committee (MPC) of Bank Negara Malaysia today decided to maintain the Overnight Policy Rate (OPR) at 3%. Announcing this after its meeting, MPC gave an assurance that it will ensure that the monetary policy stance remains conducive to sustainable economic growth amid price stability. In a statement, BNM said the MPC will remain…
Taman Bistari Jaya Taman Bistari Jaya, a 21-acres mixed development by Mapahill Development Sdn. Bhd. within the township of Nibong Tebal. Located between Jalan Sungai Daun and Jalan Ooi Kar Seng, adjacent to Taman Bistari. It is only 4km away from Jawi toll plaza, about 20 minutes drive to Penang Second bridge. The first phase of…
Residents of Seberang Jaya and nearby areas in Butterworth can look forward to the opening of the long-awaited Seberang Jaya Market and Hawker Centre in December. Penang Chief Minister Chow Kon Yeow said the RM19.5mil project was expected to receive its Certificate of Completion and Compliance (CCC) by the end of this month. “Once the…
Penang undersea tunnel feasibility study delayed due to port expansion plans The feasibility study on the proposed Penang undersea tunnel project aimed at reducing congestion in the state is yet to be completed due to certain factors. Transport Minister Anthony Loke said one of the factors was that there is still no decision on an…
About Maldives Residences A residential development by Ideal Property Group at Bayan Lepas. Strategically located along Jalan Sungai Tiram 6, just across the road from Havana Beach Residences. It is conveniently connected to Jalan Tun Dr Awang, less than 2km away from Penang International Airport. This development comprises 46-storey building with 4 residential towers. It features…
Taman Bistari Jaya, a 21-acres mixed development by Mapahill Development Sdn. Bhd. within the township of Nibong Tebal. Located between Jalan Sungai Daun and Jalan Ooi Kar Seng, adjacent to Taman Bistari. It is only 4km away from Jawi toll plaza, about 20 minutes drive to Penang Second bridge. The first phase of development includes a…
Source: Department of Statistic, Malaysia Households in Kuala Lumpur, Selangor and Penang spent the highest amount per person per month last year on “basic expenditure for decent living”, according to the statistics department. A national average of RM1,314 a month was recorded for households in Malaysia according to the department’s report on 2023 cost of…
The National House Buyers Association (HBA) has called for a clearer definition of “affordable housing” in Malaysia, stressing that homes priced as high as RM500,000 should not be considered affordable. Datuk Chang Kim Loong, the HBA’s Honorary Secretary-General, stated that true affordable housing must address the needs of households earning below the median income level,…
The Penang Island City Council (MBPP) has proposed constructing a new administration building at Jalan Sungai Dua, near the Sungai Nibong Bus Terminal (TSN). MBPP mayor Datuk A. Rajendran said this during the monthly MBPP meeting at City Hall, attended by MBPP councillors, various heads of department, and other important stakeholders. He said the primary objective…
SITE PROGRESS: Savana @ Utropolis (Oct 2024) About Savana @ Utropolis This is the fourth phase of Paramount Property’s Utropolis development at Batu Kawan. Located along Jalan Cassia Barat 2, adjacent to Sensasi and Sinaran Residences. It is less than 5 minutes’ walking distance to Design Village outlet mall and UOW MALAYSIA KDU Penang University College,…
MBSP reminds landowners of strict enforcement on unauthorized development Picture for illustration only The Seberang Perai City Council (MBSP) is taking strict action against landowners who proceed with development projects without obtaining the necessary planning approvals. MBSP Mayor, Dato’ Baderul Amin Abdul Hamid, emphasized that MBSP recently prosecuted a landowner who was operating a car…
The 11th PropertyGuru Asia Awards Malaysia, in partnership with iProperty, took center stage at The St. Regis Kuala Lumpur to celebrate Malaysia’s most exemplary real estate developers. With 58 categories covering a wide array of property developments and initiatives, the event brought together industry experts, property seekers, and thought leaders to acknowledge significant advancements in…
Northern TechValley @ BKE launched as Penang’s new high-tech hub The launch of Northern TechValley@BKE marks a transformative step in Penang’s industrial landscape. Officially unveiled today, this 176-acre industrial park aims to strengthen Penang’s reputation as a hub for high-tech manufacturing and innovation. The project, developed by Suling Hill Development—a joint venture between AME Elite…
Taman Aman Permai, a gated and guarded residential development by Thunderflash Realty Sdn. Bhd., strategically located in Bukit Mertajam along Jalan Bukit Minyak. The development offers convenient access to nearby amenities, being just minutes away from AEON Big hypermarket in Bukit Minyak. It is also approximately 5km from Bukit Mertajam town center and 10km from…
SITE PROGRESS: Terraces Condominium (Oct 2024) About Terraces Condominium A highrise residential development by IJM Land at Bukit Jambul, Penang. Strategically located on 9.32 acres of land next to INTI International College. It comprises a 34-storey condominium tower, featuring 410 residential units with two different design types to choose from. *Photo taken in Sept 2024 Find…
MKS Instruments invests US$100m in Penang super centre factory MKS Instruments Inc (MKS), a global technology solutions provider, is investing US$100 million to establish aa super centre factory in Batu Kawan. This facility will support wafer fabrication equipment production for regional and global markets. MKS Executive Vice-President David Henry announced that the factory will be…
The project developer, Mass Rapid Transit Corp Sdn Bhd (MRT Corp), is currently considering a few locations for the groundbreaking ceremony of Penang’s highly anticipated Light Rail Transit (LRT) project. State Infrastructure, Transport and Digital Committee chairman Zairil Khir Johari said the much-awaited groundbreaking event is scheduled to take place at the end of this year….
SITE PROGRESS: Lucerne Residences (Oct 2024) About Lucerne Residences The final phase of residential development by Ideal Property Group at Ideal Vision Park in Bayan Lepas. It is just a short drive to Penang International Airport, 10 minutes walking distance to Straits International School. The project will see two blocks of 36-storey skyscrapers featuring a European living concept. It offers…
Ascott Residences Batu Ferringhi Penang, a proposed luxury residences located on a 1.1-acre freehold site along the coastal road of Jalan Batu Ferringhi, occupying the site of the former Boon Siew Villa. The 43-storey building will feature a total of 99 units, including 72 two-bedroom residences of 2,000 square feet, 26 four-bedroom residences of 4,000 square…
Singaporean real estate and lodging company, The Ascott Ltd, is joining forces with Instant Icon Sdn Bhd (VST Property Group) to develop Ascott Residences Batu Ferringhi Penang. This upscale seafront development is expected to open its doors to residents in January 2028. Set to elevate Penang’s luxury living landscape, the project features 99 exclusive residences,…
Bayan Suite Bayan Suite, a mixed development by Mutiara Biopolis Developments Sdn. Bhd. at Bayan Mutiara. Strategically located adjacent to Tun Dr. Lim Chong Eu Expressway, just a short drive away from Penang Bridge. It is adjacent to The Zen development by Asia Green and neighboring with D’Residence gated communities. A few other on-going developments within the vicinity include QuayWest…
The Juru-Sungai Dua elevated highway project will be carried out through the Public-Private Partnership (PPP) method, says Chief Minister Chow Kon Yeow. According to Chow, the project’s cost also has increased to RM2 billion, from the initial estimate of RM1.8 billion. He also thanked Prime Minister Datuk Seri Anwar Ibrahim for including the project in the…
Penang is poised to gain substantial advantages from a series of development projects highlighted in Budget 2025, unveiled by Prime Minister Datuk Anwar Ibrahim in the Dewan Rakyat on Friday (Oct 18). Chief Minister Chow Kon Yeow described these projects as essential enhancements for the state, addressing the needs of its residents. Anwar announced several…
Budget 2025: Housing Highlights | Penang Property Talk Today, Prime Minister and Finance Minister Datuk Seri Anwar Ibrahim presented the Malaysian Budget 2025, with significant provisions for housing and development. Below are the key takeaways: Support for First-Time Home Buyers The government’s Housing Credit Guarantee Scheme (SJKP) will now guarantee loans of…
Sinaran Residences @ Utropolis Batu Kawan is now freehold! Sinaran Residences has officially become a freehold development! This milestone provides Paramount Property’s valued homeowners with long-term benefits and a greater sense of ownership security. Their heartfelt testimonials speak to the happiness this change has brought to their lives: “Sinaran Residences, now a freehold property, is a legacy…
Expansion works on Penang International Airport (PIA) have officially begun, with the RM1.5 billion project set to be completed by 2028. The project is divided into three key packages aimed at enhancing the airport’s capacity and facilities to meet growing passenger demand. Penang Tourism and Creative Economy Committee Chairman Wong Hon Wai announced that the…
Jalan Alma – Jalan Bukit Minyak road expansion project completed The RM8.5 million road expansion and median construction project at Jalan Alma and Jalan Bukit Minyak (Phase 1) has officially been completed, aiming to improve traffic conditions in the area. Penang infrastructure, transport and digital committee chairman, Zairil Khir Johari, stated that the project, executed by…
For illustration only Fajarbaru Builder Group Bhd has announced its entry into a significant joint development project with Penang Development Corporation (PDC) in Bandar Cassia, Batu Kawan. The development will include a medical city, Medi-City, and a mixed-use hub. Fajarbaru has agreed to pay RM111.45 million to PDC for the purchase of 51.17 acres of…
SITE PROGRESS: Queens Residences 3 (Oct 2024) About Queens Residences 3 The third phase of the Queens Waterfront development by Ideal Property Group (also known as Q3), situated near Queensbay in Penang. Positioned strategically on reclaimed seafront land directly opposite Queensbay Mall, it’s an expansion of the successful Q1 and Q2. The new phase of development will…
PROPOSED: 484-unit affordable housing @ Batu Maung A proposed affordable housing development in Teluk Kumbar, located near Jalan Kekabu 5 and accessible via Jalan Batu Maung. It is just a stone’s throw away from the upcoming Silicon Island and about a 5-minute drive from the Penang 2nd Bridge and a 10-minute drive to Penang International…
Transport Minister Anthony Loke dismissed claims that the government is planning to introduce inheritance tax in the upcoming 2025 Budget, scheduled to be tabled on Oct 18. Loke said he had never heard of such a proposal in cabinet meetings. He was referring to a report quoting analysts from local banks that claims that the…
SITE PROGRESS: Sanctuary Row (Oct 2024) About Sactuary Row A freehold commercial development at Permatang Sanctuary by IJM in Bukit Mertajam. Located along Jalan Santuari 2, right across the road from Sanctuary Villa. It is only 2km away from AEON Mall and Tesco Hypermarket, about 15-minute drive to Juru Auto-City and Penang Second Bridge. This development features 24…
One year after the commencement of Silicon Island’s development in September 2023, the project has already demonstrated significant progress and positive outcomes for Penang’s economy, environment, and local communities. This ambitious initiative, undertaken by the Penang state government, has achieved numerous milestones in its first year, showcasing the broad benefits it brings to the region….
The National House Buyers Association (HBA) has voiced strong opposition to the proposed reintroduction of an inheritance tax in Malaysia’s 2025 Budget. The tax is one of several measures being considered to broaden the country’s tax base and increase government revenue. However, HBA secretary-general Datuk Chang Kim Loong argues that such a tax penalises years…
A proposed review of the National Housing Policy will make home ownership more affordable while increasing disposable income, says Datuk Seri Dr Ahmad Zahid Hamidi. The Deputy Prime Minister said the review may be necessary because of the increase in household debt to gross domestic product (GDP) ratio from 67.2% in 2002 to 81.2% in…
Dato’ Goh Teng Whoo, COO of Ideal Property Group Real estate developer Ideal Property Group has launched the next phase of its industrial project “Ideal Business Hub“, which has a gross development value (GDV) of RM260mil, in Bertam Penang. Ideal Business Hub is an exciting new light industrial park situated in the North Seberang Perai…
Penang’s Light Rail Transport (LRT) dream will begin to take shape in December with a groundbreaking event, with the first station to be built in Lebuh Macallum. Transport Minister Anthony Loke is said to have approved a date to get the 29km Mutiara Line landmark project off the ground. The alignment starts from Penang Sentral…
Malaysia’s property sales surpass RM100 billion in first half of 2024 Malaysia’s property sector saw over RM100 billion in sales in the first half of 2024, exceeding the government’s full-year target. Housing and Local Government Development Minister Nga Kor Ming announced that the National Property Information Centre (NAPIC) recorded RM100.5 billion in sales from January…
After gracing the unveiling ceremony of the scale model of STARK Tower, Penang social development, welfare and non-Islamic religious affairs committee chairman cum Sungai Pinang assemblyman Lim Siew Khim (sixth left), Stark Development Sdn Bhd deputy chairman Datuk Toh Chin Leong (centre), Stark Development Sdn Bhd managing director Leon Lee (fifth left) and IJM Land…
High-end property prices in Penang rose by 7% to 10% in 2024 from a year ago, reflecting the steady demand among locals and foreigners. One Asia Property Consultants (Pg) Sdn Bhd executive director Chandra Mohan Krishnan said prices had increased in Bayan Baru, Pulau Tikus and Seri Tanjung Pinang as buyers went for properties priced…
Ideal Business Hub Ideal Business Hub, the latest industrial development located within Penang Technology Park @ Bertam. Spanning 28 acres of freehold land, this project features 88 light industrial factories, offering a mix of bungalow (6 units), semi-detached (42 units), and cluster factories (40 units). Situated in the well-established township of Bertam, this development caters…
PR1MA, the affordable housing agency under the Ministry of Housing and Local Government (KPKT), has successfully completed Ideal Residency (Residensi Bukit Gelugor) ahead of its original timeline. Initially projected for completion in August 2025, the project, consisting of 1,218 units, is now fully completed, marking a significant milestone as PR1MA’s largest development in Penang. In…
SITE PROGRESS: Sanctuary Suria (Oct 2024) About Sactuary Suria The 6th phase of residential development at Permatang Sanctuary by IJM in Alma, Bukit Mertajam. Located along Lorong Santuari 25 & 27, adjacent to Sanctuary Court. It is only a short drive to an abundance of amenities namely AEON Mall, Tesco Hypermarket, eateries, schools and…
Penang eyes federal funding for key projects in Budget 2025 Penang is optimistic that two major infrastructure projects—the Juru-Sungai Dua elevated highway and Penang Silicon Design @5km+—will be included in the upcoming Budget 2025. Chief Minister Chow Kon Yeow emphasized that these initiatives are vital to the state’s development and are under serious consideration by…
STARK Tower is a 34-storey building featuring 618 luxurious suites and 26 commercial units, the development looks set to be the latest landmark for The Light Waterfront Penang in Gelugor. Situated on a 2.3 acres (0.93ha) site alongside Lin Xiang Xiong Art Gallery, the freehold project by Stark Development Sdn Bhd will have a comprehensive…
The Penang government, through PLANMalaysia@Penang (Penang Town and Country Planning Department), has launched a new monitoring system application called the Electronic Monitoring Structure Plan (eMOSPlan). Chief Minister Chow Kon Yeow announced that the app, developed by PLANMalaysia@Penang, is designed to closely monitor the implementation of the Penang Structure Plan 2030 (RSNPP2030). “Through eMOSPlan, the policies, projects,…
PROPOSED: 2-Storey terrace houses & shop offices @ Sungai Dua Proposed mixed development on a 5.7-acre land at Sungai Dua in Butterworth, located along Jalan Sungai Dua Utama 1, near Taman Sungai Dua Utama. It’s approximately 1km from the North-South Expressway and Sungai Dua interchange, with less than a 5-minute drive to Sungai Dua Toll…
SITE PROGRESS: Mezzo @ The Light City (Oct 2024) About Mezzo @ The Light City The first residential project at The Light City – a large-scale 32.76 acre integrated mixed-use waterfront development by IJM Perennial Development in Gelugor, Penang. Strategically located next to The Light Collection, just a mere minutes drive from Penang Bridge and George…
Partial lane closure on Tun Dr. LCE Expressway for The Light Interchange works IJM Land Berhad, the developer behind THE LIGHT project, has announced a partial lane closure on the George Town-bound route of Tun Dr. Lim Chong Eu Expressway. The closure is scheduled for two periods: 1 – 2 October and 15 – 16…
Bayan Baru welcomes new ‘Harmony Street’ to promote unity and religious harmony Penang’s latest initiative to promote unity and religious harmony is the newly launched ‘Harmony Street’ in Bayan Baru. Joining a number of similar streets in the state, this vibrant project reinforces Penang’s multicultural reputation and its long-standing commitment to fostering peaceful coexistence. Chief…
Equalbase Development Pte Ltd, a Singapore-based developer specializing in industrial assets, marked the groundbreaking ceremony for Valdor II, a RM220 million multi-storey warehouse project in Penang, on Thursday. The warehouse, with a gross floor area of 620,000 sq ft, is expected to be completed in 2025. Logistics company DSV has been confirmed as the anchor…
Penang City Hall to undergo RM20 million restoration The iconic City Hall on Jalan Padang Kota Lama is set to undergo significant repair works as part of the Penang Island City Council (MBPP) ongoing conservation initiative to preserve the heritage structure. MBPP mayor Datuk A. Rajendran announced that the repair works, estimated to cost RM20 million,…
You are cordially invited to the official launch of Aralia Park at Pearl City Sales Gallery, Bandar Tasek Mutiara, on 13 October 2024, from 10am to 5pm. Enjoy Nyonya Delight refreshments and take part in a variety of activities, including a children’s fish scooping activity, shoulder and neck massages, and a warrior mask experience. ARALIA…
SITE PROGRESS: Orange Melur (Sep 2024) About Orange Melur This is a small landed residential development by Tah Wah in Bagan Ajam, Butterworth, located near Taman Melur and just minutes from Econsave and Tesco Bagan Ajam. With convenient access via Jalan Raja Uda and only 2km from the Butterworth Outer Ring Road, the project features…
PROPOSED: 54-Storey serviced residence @ Batu Kawan A newly proposed freehold development in Batu Kawan is set to take shape along Persiaran Cassia Barat 3, next to Vertu Resort Condominium and the soon-to-be-completed Columbia Asia Hospital (expected by mid-2025). The location offers prime accessibility, being just a short walk from IKEA Batu Kawan and less…
EPB Group Bhd, a one-stop food processing and packaging machinery solutions provider, has entered into a sale and purchase agreement with Penang Development Corporation to buy an industrial land at Penang Science Park North. EPB said the acquisition is for RM22.49 million and is in line with its strategic expansion based on the objective of…
Juru Hills Juru Hills is an affordable condominium development by Harta Intan Group, located in Juru near Bukit Mertajam. Positioned along Jalan Juru, it is just a short drive from Juru Light Industrial Park and Bukit Minyak Light Industrial Park. The surrounding neighborhoods include Taman Bukit Minyak Indah, Taman Sentul, and Juru Village. This development…
Tender for Batu Kawan Public Market to open soon Chief Minister Y.A.B. Tuan Chow Kon Yeow announced that the Batu Kawan Public Market, covering 7.7 acres in Bandar Cassia, is currently undergoing land treatment ahead of tender openings expected in December. Valued at RM60 million, which includes road upgrades, this will be the first public…
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