Penang to auction six-acre land to raise funds to complete Ayer Itam bypass
Penang will auction a six-acre land next month to raise funds to complete the Ayer Itam to Tun Dr Lim Chong Eu Highway bypass project.
George Town heritage properties back in vogue as rents, prices surge
Rental rates and selling prices for pre-war shophouses in George Town's Unesco core zone have skyrocketed 20% above 2024 levels, pushing per-square-foot rents past RM3 in prime locations like Campbell Street as tourism rebounds and supply tightens.
Magma announces RM850m Wolo Mont Kiara project to help it return to profit
The boutique branded residences development is scheduled for launch on July 31.
Aspen clarifies RM818 mil bid for Batu Kawan Industrial Park 2
Aspen (Group) Holdings Ltd, a member of the consortium which submitted a bid for the Batu Kawan Industrial Park 2 (BKIP2) project, said the RM818 million bid is the full guaranteed cash return payable to Penang Development Corporation (PDC).
Guan Eng, Penang CM clash in state assembly over Batu Kawan land deal
A heated confrontation broke out in the Penang state assembly on Thursday as Chief Minister Chow Kon Yeow defended the state's decision to reject an RM818 million bid for the Batu Kawan Industrial Park (BKIP2) project.
Mah Sing gets nod to increase Southbay City plot ratio, sees higher GDV
Mah Sing Group Bhd (KL:MAHSING) is revising its masterplan for Southbay City in Batu Maung with an increased plot ratio and new gross development value (GDV) of approximately RM1.365 billion.
Chinese businessmen call on Penang state govt to scrap quit rent revision
"The methodology adopted raises serious concerns over administrative efficiency, fairness, and long-term fiscal sustainability.”
GUH Holdings plans advanced PCB production, RM1.2b property project to drive growth
Electronic circuit board maker GUH Holdings Bhd (KL:GUH) plans to expand into advanced printed circuit boards (PCBs) and launch a RM1.2 billion property project in Simpang Ampat, Penang, as part of plans to grow the company.
