November 2025

Penang identifies RM87b worth of rare earth deposits, eyes new economic boom

High-rise buildings are visible from Komtar in George Town, Penang, on July 20, 2022. — Picture by Sayuti Zainudin Thursday, 20 Nov 2025 GEORGE TOWN, Nov 20 — Penang has identified potential non-radioactive rare earth element (NR-REE) deposits worth an estimated US$21 billion (RM87 billion) and which could be a major new economic driver for the state, Chief Minister Chow Kon Yeow said...

Penang best island in South-East Asia for food, says National Geographic

08 Nov 2025 GEORGE TOWN: Penang is the best island in South-East Asia for food, according to a new list of the region's "best islands" by National Geographic. In its Travel section, the publication said Penang earned the second place in its list due to its food, blending heritage, culture and world class dining. “As far as Southeast Asian culinary escapes go, it does not get much better than...

Housing Ministry rolls out price mapping system for affordable homes by state and district

As part of ongoing efforts to support homeownership, Perbadanan PR1MA Malaysia (PR1MA) has launched the “Rumah PR1MA Kita” campaign, which runs until Dec 31. KUALA LUMPUR (Nov 6): The Ministry of Housing and Local Government (KPKT) has undertaken price mapping of affordable homes based on median income levels by state and district, using data from the 2022 Household Income and Basic Amenities...

‘Seaside park beside Tanjung Bungah condo will be open to public’

Aerial view of the site in Tanjung Bungah, Penang, where the Seaside Pocket Park and five-storey wellness suite will be built. Saturday, 08 Nov 2025 A NEW public park overlooking the sea will soon take shape in Tanjung Bungah as part of Penang’s push for greener coastal spaces. The Seaside Pocket Park, to be built by Lone Pine Residence Sdn Bhd beside Lot 4658, forms part of the company’s planning...

New 10:90 Build-Then-Sell model aims to curb abandoned housing projects

Housing and Local Government Minister Nga Kor Ming. KUALA LUMPUR: Under the government's new Build-Then-Sell (BTS) property purchase mechanism, developers will require buyers to pay a 10 per cent advance of the purchase price, with the remaining 90 per cent payable only after the property is completed, issued a Certificate of Completion and Compliance (CCC), and delivered with vacant...

Penang’s Jelutong landfill to close Nov 30 after 40 years as rehabilitation work begins

A view of the Jelutong Landfill Site from a ferry in George Town February 21, 2020 KUALA LUMPUR, Oct 31 — The Jelutong Landfill Site (TPSJ), which has accepted construction and demolition waste and excavated soil for more than 40 years, will cease operations from November 30. The Penang Island City Council (MBPP) said the closure is to allow rehabilitation work at the site. From December 1,...

Sunway REIT sells Penang hotel back to parent for RM60 mil to fund new Seberang Perai project

KUALA LUMPUR (Oct 28): Sunway Real Estate Investment Trust (KL:SUNREIT) is selling back its hotel in Penang — Sunway Hotel Seberang Jaya — to its parent company Sunway Bhd (KL:SUNWAY) for RM60 million, as part of a capital recycling exercise to fund new projects in Seberang Perai. Sunway Group owns a 41% stake in Sunway REIT. In a filing with Bursa Malaysia on Tuesday (Oct 28),...

Penang unveils Green Tech Park of Silicon Island’s visionary smart city for global investors

Wednesday, 29 Oct 2025 KUALA LUMPUR – Silicon Island Development Sdn Bhd unveiled Phase 1 of the Green Tech Park at the Kuala Lumpur Convention Centre, marking another milestone in the creation of Penang’s next-generation hub for high-value and sustainable E&E (Electronics & Electrical) industries. The ceremony on Oct 8 follows the global launch of the Silicon Island at the Japan World...

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