Tasek Gelugor Xchange
Tasek Gelugor XChange (TGX) is located in Tasek Gelugor at a junction connecting parts of Penang and Kedah, within a developing suburban corridor in North Seberang Perai...[READ MORE]

AIXTRON expands into Malaysia with new plant in Batu Kawan
Malaysian Investment Development Authority (MIDA) inked an agreement with AIXTRON SE, a provider of deposition equipment for the semiconductor industry, to build a new greenfield manufacturing facility in Penang at SEMICON Southeast Asia 2026...[READ MORE]

Bertam Resort to be converted into Tribute Portfolio Hotel by Marriott
Marriott International Inc...[READ MORE]

BNM holds OPR at 2.75% as global risks linger
At its latest Monetary Policy Committee (MPC) meeting, Bank Negara Malaysia (BNM) has decided to maintain the Overnight Policy Rate (OPR) at 2...[READ MORE]

The Meg marks completion at Andaman Island
The completion of The Meg at Andaman Island has reached a significant milestone with the issuance of Vacant Possession (VP), marking another step forward in the transformation of Penang’s northern coastline...[READ MORE]

KPKT mulls OTP clause to reduce abandoned projects
The Housing and Local Government Ministry (KPKT) is exploring the introduction of an Option to Purchase (OTP) clause under the proposed Real Property Development Bill, in a move aimed at reducing sick, delayed and abandoned housing projects...[READ MORE]

Future of Jelutong landfill redevelopment project remains unclear
The Penang government has yet to make a decision on the future of the proposed RM1 billion Jelutong landfill rehabilitation and reclamation project after its Environmental Impact Assessment (EIA) application was rejected for the fifth time...[READ MORE]

SITE PROGRESS: Nexus Industrial Hub (May 2026)
About Nexus Industrial Hub Nexus Industrial Hub is a freehold light industrial development situated in Jawi, Nibong Tebal, close to Sungai Bakap and Batu Kawan...[READ MORE]

Acacia Park @ Pearl City
Acacia Park, the latest residential addition to Tambun Indah’s established Pearl City township in Simpang Ampat...[READ MORE]

Penang rep proposes 3% levy on non-local property buyers
A Penang state assemblyman has proposed introducing a 3% property transfer premium on non-Penang buyers or sellers in an effort to curb speculative property activities and improve housing affordability for locals...[READ MORE]

Andaman’s Gurney Bridge receives MBOR recognition
Eastern & Oriental Berhad (E&O) has been recognised by the Malaysia Book of Records (MBOR) for the Gurney Bridge at Andaman Island here as the ‘Widest Box Girder Bridge in Malaysia’...[READ MORE]

PDC to reopen bidding for BKIP2 after second RFP fails
PDC will reopen bidding for the proposed 226-hectare Batu Kawan Industrial Park 2 (BKIP2) project in Byram after the second request for proposal (RFP) failed to materialise...[READ MORE]

SITE PROGRESS: Maritime Signature (May 2026)
About Maritime Signature A 45-storey commercial development along Karpal Singh Drive...[READ MORE]

Penang vows strict scrutiny of mixed-development project in Gelugor
The Penang state government has moved to reassure the public that a controversial high-density development proposed for Bandar Gelugor will face rigorous evaluation before any approval is granted...[READ MORE]

Real estate still a strong inflation hedge despite market uncertainty
Despite ongoing geopolitical tensions and concerns over rising inflation, Malaysia’s property sector continues to show resilience, according to a recent report by RHB Investment Bank...[READ MORE]

Long-term traffic diversion at Jalan Tengah begins May 16 for LRT works
As part of the ongoing construction of the Penang LRT Mutiara Line, Mass Rapid Transit Corporation (MRT Corp) has announced a long-term “Free-Flow” traffic management plan at the junction of Jalan Tengah and Jalan Sultan Azlan Shah...[READ MORE]

Rehda backs the proposed ‘Option to Purchase’ clause in new housing law
Malaysia’s Real Estate and Housing Developers’ Association (Rehda) has thrown its support behind a proposed “Option to Purchase” (OTP) clause set to be introduced under the new Real Property Development Act, which is slated to replace the Housing Development (Control and Licensing) Act 1966...[READ MORE]

Penang weighs third bridge as alternative to undersea tunnel
The Penang state government is exploring the possibility of building a new third bridge connecting Penang Island to the mainland, positioning it as a potential alternative to the long-discussed undersea tunnel project...[READ MORE]

Penang property market outpaces national average in Q1 2026
Malaysia’s property market opened 2026 on a cautious note with moderate performance in the first quarter, but Penang bucked the national trend with price growth running at more than double the country’s average, according to the Property Market Report for Q1 2026 released by the Valuation and Property Services Department (JPPH) on 14 May 2026...[READ MORE]

Winova Residences
Winova Residences is a landed housing development at Alma in Bukit Mertajam...[READ MORE]

SITE PROGRESS: Penang Technology Park (May 2026)
About Penang Technology Park Strategically located in Bertam, Penang Technology Park @ Bertam is an 880-acre freehold industrial development envisioned as a next-generation hub for technology, innovation, and advanced manufacturing...[READ MORE]