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…[READ MORE]

ELNA PCB expands operations in Penang with new facility
LNA PCB (M) Sdn Bhd, a subsidiary of Global Brands Manufacture under the PSA Group, has officially opened its second facility in Penang’s Perai Industrial Zone... [READ MORE]

Tesla expands in Penang with new service centre, V4 supercharger, and vehicle deliveries
Tesla Malaysia has made a significant move to strengthen its presence in the northern region with the opening of a new service centre and workshop in Seberang Jaya…[READ MORE]

New urban renewal bill to lower consent thresholds for redevelopment
Threshold of 80 per cent approval for buildings which are less than 30 years old and 75 per cent for buildings older than 30 years…[READ MORE]

Benchmark Precision Technologies opens fourth facility in Batu Kawan
The new facility, located at Batu Kawan Industrial Park (BKIP), spans approximately 8,000 square metres and offers additional space for future development. This expansion complements Benchmark’s three other facilities in Bayan Lepas…[READ MORE]

MBSP to increase assessment rate for Seberang Perai properties in 2025
The Seberang Perai City Council (MBSP) has announced a revision to property assessment rates, effective 1 January 2025…[READ MORE]

SITE PROGRESS: Orange Industrial Park (Sep 2024)
Located at Chain Ferry, Butterworth. CCC soon... [READ MORE]

Batu Kawan Bridge set to open next month
The much-anticipated Batu Kawan Bridge, located near Batu Kawan Stadium, is expected to open to the public in October...[READ MORE]

Bandar Cassia Technology Park on track for 2026 completion
The construction of the Bandar Cassia Technology Park (BCTP) is on track, with full completion expected by 2026...[READ MORE]

SITE PROGRESS: G’Vinton (Sep 2024)
Located in the heart of George Town…
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Penang CM inspects progress of Taman Cassia Cempaka
Penang CM YAB Tuan Chow Kon Yeow recently led a site visit to inspect the progress of development projects by the Penang Development Corporation (PDC) and its subsidiary, PDC Properties…[READ MORE]

Penang leads the way with green-certified affordable housing initiative
The Penang government is taking a bold step towards becoming Malaysia’s first state to offer green-certified affordable housing, a move that aligns with its broader mission to enhance environmental sustainability...[READ MORE]

Partial road closure for Penang Hill cable car project
The road leading to Penang Botanic Gardens will experience a partial closure from 15 Oct 2023 to 30 Jun 2026... [READ MORE]

Tender for Batu Kawan Public Market to open soon
The first public market in Batu Kawan... [READ MORE]

Juru Hills
Yet another affordable housing project near Bukit Mertajam and Juru...
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EPB buys Penang Science Park land for expansion
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…[READ MORE]

PROPOSED: 54-Storey serviced residence @ Batu Kawan
An upcoming development next to Vertu Resort Condominium in Batu Kawan…
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SITE PROGRESS: Orange Melur (Sep 2024)
CCC obtained...
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Aralia Park – Official Launch (13 October)
Serviced apartment next to XCL International School…
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Penang City Hall to undergo RM20 million restoration
Part of the ongoing conservation initiative to preserve the heritage structure…[READ MORE]