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Top Penang Property Talk News

Penang extends 5% discount on overhang properties to all buyers
Asia · Malaysia

Penang extends 5% discount on overhang properties to all buyers

100% Right coverage: 1 sources
GEORGE TOWN: The 5% housing discount for first-time house buyers, which was earlier given to Indian Muslims, has been extended to all, says Chow Kon Yeow. Read full storySee the Story
Vertical schools in housing projects to help reduce transport costs, says PM Anwar
Datuk Seri Anwar Ibrahim · Malaysia

Vertical schools in housing projects to help reduce transport costs, says PM Anwar

100% Right coverage: 1 sources
KUALA LUMPUR: The integration of a vertical school concept within the Rumah Bakat Madani housing project in Penang is expected to enhance student safety and ease the transportation cost burden on families, says Datuk Seri Anwar Ibrahim. Read full storySee the Story
Penang Has Enough Land to Sustain Industrial Growth
Penang · Penang

Penang Has Enough Land to Sustain Industrial Growth

Penang Chief Minister Chow Kon Yeow has reassured stakeholders that the state possesses adequate industrial land reserves to support economic expansion for the next 10 to 15 years, despite widespread concerns over land scarcity. Speaking at the launch of the Penang State Industrial Master Plan 2030 at Eastin Hotel in Bayan Lepas, Chow highlighted that the state’s development strategy is tailored to meet the unique demands of each industry, rathe…See the Story

Residential properties under Housing Development Act exempted from SST

PUTRAJAYA, June 15 — Residential properties sold under the Housing Development Act (HDA) will be exempted from the updated Sales and Services Tax (SST), following concerns from the construction industry over rising costs. Housing and Local Government Minister Nga Kor Ming said the exemption applies to all residential buildings, including serviced apartments built on commercial land, provided they are intended for residential use and fall under t…Finance · MalaysiaSee the Story

Pinnacle Homes brings its signature skyline to Penang

Pinnacle Petaling Jaya & Sheraton PJ Hotel Penang’s property market is about to welcome a new name, one that has already commanded attention and made its mark in the Klang Valley. Since its establishment in 2011, Pinnacle Homes has built a reputation for delivering high-rise developments that not only stand tall, but stand out. With a proven track record in Kuala Lumpur and Selangor, Pinnacle Homes ensures long-term value and growth potential fo…Penang · PenangRead Article

Luxury condo owners lose bid to stop adjacent commercial development

The Federal Court has dismissed an appeal by 49 apartment owners at the One Tanjong condominium seeking to overturn the rezoning of an adjacent parcel of land in Tanjung Bungah, Penang. The court denied them leave to appeal, ruling that none of the 10 legal questions raised met the threshold under Section 96 of the Courts of Judicature Act 1964. A three-member panel led by Justice Zabariah Yusof found that the questions did not involve novel con…Tanjung Bungah · Tanjung BungahRead Article

Juru Village wins 3rd place in National New Village Competition

Juru Village in the Seberang Perai Tengah (SPT) district has been awarded third place in the 2024 National New Village Competition, organised by the Ministry of Housing and Local Government (KPKT). The recognition came with a federal grant worth RM500,000, presented to the Village Community Management Council (MPKK) led by chairman Cheh Kim Weng, 61. Bukit Tengah State Assemblyman, Gooi Hsiao-Leung, highlighted that this is not the village’s fir…Penang · PenangRead Article

PROPOSED: Mixed development with affordable housing in Jelutong

A proposed strata mixed development comprising commercial, residential, and hospitality components located in Jelutong, along Perak Road, adjacent to Skyview Residence. The site is within close proximity to major transport links, including the Tun Dr. Lim Chong Eu Expressway, and is approximately a 10-minute drive from both Karpal Singh Drive and the Penang Bridge. The development is planned in two phases. Phase 1 will consist of two 43-storey t…Housing · JelutongRead Article

New road access and temporary closures for The Light Interchange

IJM Land Berhad has announced traffic updates in conjunction with ongoing works at The Light Interchange, part of The Light Waterfront Penang development. To facilitate the removal of an existing pedestrian bridge, selected George Town-bound lanes along the Tun Dr Lim Chong Eu Expressway will be temporarily closed from June 16 to 27, between 10 pm and 5 am. The closures are scheduled during off-peak hours to limit disruption. Motorists are urged…George Town, Malaysia · George TownRead Article

No More Pending Issues Related to the Implementation of the Mutiara Line LRT Project, Minister Responds

GEORGE TOWN – The notice of commencement of the Mutiara Line Light Rail Transit (LRT) project, which should be issued by Mass Rapid Transit Corporation Sdn. Bhd. (MRT Corp.) and has been eagerly awaited by the State Government and the SRS Consortium before (to commence the state's first modern public rail construction project), has been finalized in a meeting of the Ministry of Transport in Putrajaya in May 2025....LRT · PenangSee the Story

What’s affected by the expanded SST

Finance ministry lists the various goods and services that will be affected.Finance · MalaysiaSee the Story

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