Penang

Penang High-End Property Prices Surge by 7% to 10% in 2024 Amid Rising Demand and Infrastructure Developments Penang’s high-end property market continues to experience significant growth in 2024, with prices rising between 7% to 10% compared to the previous year. This surge reflects strong demand among both local and foreign buyers, particularly in areas like Bayan Baru, Pulau Tikus, and Seri Tanjung...

Marriott International Inc officially unveiled the Penang Marriott Complex on Sunday, a significant addition to the brand’s portfolio in George Town, Penang, located along the iconic Gurney Drive. This grand opening not only highlights Marriott’s expansion but also marks a milestone as the company’s 50th property in Malaysia. The 55-storey Penang Marriott Complex is a mixed-use development that...

Eastern & Oriental Bhd (KL&O) has officially launched its latest luxury apartment development, The Lume, located on the 760-acre Andaman Island master plan in Penang. This development marks a significant addition to the first phase of the Andaman Island project, which spans 253 acres and is segmented into three districts: Shoreline, Gurney Green, and Canalside. The Lume is strategically situated in...

As the year unfolds, many Malaysians are eagerly planning their holidays, with popular domestic and international destinations topping their wish lists. A recent survey by Tourism Malaysia has shed light on where locals are most likely to travel this year, revealing a blend of vibrant local spots and enticing international locales. Penang Leads as the Top Local Destination Among the top choices for...

Introducing Marriott Executive Apartments Penang: A New Standard in Luxury Living Marriott Executive Apartments, a distinguished part of Marriott Bonvoy’s global portfolio, proudly announces its debut in Penang with the launch of the Marriott Executive Apartments Penang. Nestled in the prestigious Gurney Drive area, this new establishment offers a blend of luxury, comfort, and convenience, catering to...

Penang Aims to Become an Age-Friendly City by December 2025 Penang is making significant strides toward becoming an Age-Friendly City by December next year. This initiative aligns with the World Health Organisation's (WHO) eight frameworks for age-friendly cities, aiming to enhance the quality of life for the elderly population. Penang has been selected as the pilot project due to its status as the state...

Chin Hin Group Property Launches Crown Penang: A New Residential Marvel Chin Hin Group Property Bhd (KL) has made a significant entry into the Penang property market with the launch of its first development in the state, named Crown Penang. This exciting residential project was unveiled on Saturday and promises to deliver luxury and convenience to its future residents. Joint Development and Strategic...

Taiwanese circuit board materials manufacturer Elite Material Co Ltd (EMC) has commenced construction of a new RM900 million manufacturing facility at the Penang Science Park North near Batu Kawan. This significant investment marks a notable addition to Penang's robust industrial landscape and highlights the state's attractiveness for multinational corporations. Facility Details and Construction...

Penang's Semiconductor Industry: The Silicon Valley of the East Attracts Major Investments In recent years, Penang, Malaysia, has emerged as a major hub for the semiconductor industry, earning the nickname "Silicon Valley of the East." This transformation is a result of strategic investments, favorable global conditions, and a solid industrial foundation built over decades. Surge in Foreign Direct...

The Penang state government has finalized the alignment for the Mutiara Line Light Rail Transit (LRT) project proposed by Mass Rapid Transit Corp Sdn Bhd (MRT Corp). This decision marks a significant step forward in enhancing Penang's public transportation infrastructure. Alignment Selection Penang Chief Minister Chow Kon Yeow announced that the state has agreed to the alignment proposed by MRT Corp,...