Housing prices in Penang aligned with economic trends
The rise in housing prices in Penang correlates with the growth in household income...[READ MORE]

Penang LRT project is on track
LRT linking Penang Island and Butterworth, will become a reality...[READ MORE]

Penang’s undersea tunnel project awaits port masterplan
The fate of Penang’s undersea tunnel project will depends on NBCT masterplan...[READ MORE]

Damai Springs
Upcoming landed housing near Jalan Betek and Jalan Song Ban Kheng...
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E&O: Short-Term Rental Ban In Penang Has Led To Increase In Property Value And Rental Yield
A condominium without Airbnb rentals tends to experience greater appreciation in its value over time...[READ MORE]

Repurposing abandoned hawker complex, leasing heritage shophouse
The RFP is now open, with the deadline for submissions set for 5 Feb, 2024...[READ MORE]

10th PropertyGuru Asia Awards in partnership with iProperty mark a decade of celebrating real estate achievements
Penang developers honored with prestigious awards at the 10th PropertyGuru Asia Awards...[READ MORE]

Penang approves two applications to build foreign workers’ dorms in Teluk Kumbar
Two new foreign workers' dorms proposed at Teluk Kumbar...[READ MORE]

UPCOMING: Butterworth / SP City Development Sdn. Bhd.
Proposed landed housing development at Butterworth...
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INV battery manufacturer broke ground on a new plant at Penang Technology Park
Another MNC coming to Penang...[READ MORE]

Almost 3,000 unsold property units in Penang as at 3Q 2023
17% of the unsold units are priced below RM300k...[READ MORE]

The Anton
Yet another luxury residence near Pulau Tikus...
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State govt mulls introducing theme park in Gurney Bay
The Penang state government is considering proposals to introduce additional commercial activities in Gurney Bay such as the Eye of Penang, Viewing Tower, floating ferry, Ferris wheel and theme parks... [READ MORE]

Join Paramount Property for a joyful Christmas celebration
Exciting activities and light refreshments await, including a clay workshop and BYD test drive...
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PDC stays committed to spearheading economy with GBS initiatives and new industrial parks
Making Penang a prime investment destination for global business services activities, research & development (R&D) hubs as well as technology hubs...[READ MORE]

MYEG to build RM108m foreign workers’ housing in BKIP 3
MY EG Lodging (NC) Sdn Bhd, a subsidiary of MYEG Services Bhd, today signed a lease agreement with the Penang Development Corporation (PDC) to build a RM108 million foreign workers’ housing in Batu Kawan...[READ MORE]

The Fame
Serviced residence at Machang Bubok...
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SITE PROGRESS: Damai Sprints (Dec 2023)
New landed housing development near Jalan Song Ban Kheng...
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Chin Hin Group to acquire a parcel of land at Penang Times Square from Ivory
Ivory Properties Group’s unit Ivory Gleneary Sdn Bhd is divesting a piece of land in Georgetown, Penang to Chin Hin Group Property Bhd for RM40 million...[READ MORE]

Silicon Island aims to mirror the success of Bayan Lepas Free Industrial Zone (FIZ)
The island is expected to be fully reclaimed by 2032...[READ MORE]