May 2025

Penang sets new record in aviation traffic, eyes rail connectivity for tourism boost

IN 2024, Penang made aviation history. For the first time ever, Penang International Airport overtook Kota Kinabalu International Airport in terms of aircraft movement. May 20, 2025 According to data from the Civil Aviation Authority of Malaysia (CAAM), Penang now ranks second in Malaysia for total aircraft movements, just behind Kuala Lumpur International Airport (KLIA), and ahead of Kota...

State tourism booms with influx of Chinese tourists

May 19, 2025 THE Penang government has recorded a massive 218.86% increase in tourist arrivals from China in 2024 compared to 2023, following successful efforts to expand its niche in the Chinese tourism market.   This was revealed during the State Legislative Assembly sitting after Ong Ah Teong (PH–Batu Lancang) posed an oral question regarding the state’s strategy and achievements in...

Penang CM: New quit rent rates to be implemented from Jan 1, 2026

Penang Chief Minister Chow Kon Yeow said the state’s land and mines office, along with the land office, is currently reviewing quit rent rates for all registered land titles in Penang. — Picture by Opalyn Mok Wednesday, 21 May 2025 GEORGE TOWN, May 21 — New quit rent rates will be implemented from January 1 next year, Penang Chief Minister Chow Kon Yeow announced today. He said the...

AME Elite to provide up to RM100m financial assistance for Penang industrial park project

Suling Hill Development is a special purpose vehicle incorporated to develop an industrial park, also known as Northern TechValley (BKE), with ancillary facilities including necessary infrastructure, amenities and public utilities on the freehold vacant land in Seberang Perai Tengah, Penang. Bernama May 23, 2025  KUALA LUMPUR (May 22): AME Elite Consortium Bhd (KL:AME) has proposed to provide...

Pavilion REIT gets approval to acquire Banyan Tree and Pavilion Hotels for RM480mil

07 May 2025 KUALA LUMPUR: Pavilion Real Estate Investment Trust (Pavilion REIT) has received unitholder approval to acquire Banyan Tree Kuala Lumpur (BTKL) and Pavilion Hotel Kuala Lumpur (PHKL) for RM480mil, enhancing long-term performance and reinforcing its Bukit Bintang presence. Pavilion REIT, in a statement, said the resolutions passed at a unitholders' meeting allow MTrustee Bhd, on behalf...

Abandoned housing: Rehda Institute advocates tiered developer licensing

From left: Rehda exco member Datuk Tan Hon Lim, Rehda Institute chief operating officer David Chong, Rehda Institute chairman Datuk Jeffrey Ng Tiong Lip, Rehda Institute research & education director Malathi Thevendran, and Rehda Institute research & education manager Christine Chuah “The established developers with over 20 years of experience and a history of successful project delivery...

‘Home buyers seeking high-end units in Penang’

Sundarajoo (centre) receiving a token of appreciation from Yu (second left). With them are (from left) Teng Tong, Siang Gin and Tze Ming during the dinner at Bayan Lepas. — Photos: LIM BENG TATT/The Star Friday, 02 May 2025 PENANG’S property market, especially the high-end residential segment, has seen impressive growth over the past few years, says Datuk Seri Sundarajoo Somu. Citing...

Compare listings

Compare
Open chat
Hello 👋
Can we help you?