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Penang’s shrinking divide is narrowing property price gap across strait

Penang’s shrinking divide is narrowing property price gap across strait

news

Updated:
  • Industry professionals actively engaged in Penang say the property market is entering a more selective phase.
  • Mainland Penang's housing market is increasingly shaped by the state's industrial expansion.
  • Between 2019 and 2024, the average mainland transaction rose by 21.5%, from RM359,933 to RM437,223.
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Penang’s healthcare economy runs wider than its medical tourism numbers

Penang’s healthcare economy runs wider than its medical tourism numbers

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Updated:
  • Malaysia's medical tourism revenue grew 23.2% to RM3.35 bil in 2025, with 1.85 million patient arrivals.
  • Penang led this growth, accounting for 45% of national revenue and treating over 527,000 foreign patients.
  • Medical tourism boosting demand for serviced apartments and longer-stay accommodation in Penang.
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Sharing is caring: How KongsiKL reshapes placemaking

Sharing is caring: How KongsiKL reshapes placemaking

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Updated:
  • KongsiKL transforms abandoned spaces into vibrant community hubs.
  • It emphasises sharing resources and fostering collective purpose.
  • This initiative promotes arts, river revitalisation, and community engagement.
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Ukay Heights bungalow enters market at RM3.35m

Ukay Heights bungalow enters market at RM3.35m

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Updated:
  • A two-story bungalow in Ukay Heights, Ampang, is for sale at RM3.35 mil.
  • It offers spacious living, a private pool, and five bedrooms.
  • The property is in a low-density area with easy access to KLCC and amenities.
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Should you buy or lease your headquarters?

Should you buy or lease your headquarters?

news

Updated:
  • The article argues that buying a headquarters should align with a company's long-term business strategy.
  • It introduces the B.E.S.T.
  • Framework for making informed real estate decisions.
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Tengku Zafrul: Selangor, Johor lead investment as real estate records RM33.5b

Tengku Zafrul: Selangor, Johor lead investment as real estate records RM33.5b

news

Updated:
  • Selangor and Johor led Malaysia's investments in 1H2026, totaling RM129.4 bil.
  • Services and manufacturing were key drivers, with digital investments boosting Selangor.
  • Overall, Malaysia saw RM218.5 bil in approved investments, expected to create 99,030 jobs.
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Ombak KLCC completes the KLCC Precinct; Galeri PETRONAS to open in 4Q2027

Ombak KLCC completes the KLCC Precinct; Galeri PETRONAS to open in 4Q2027

news

Updated:
  • Ombak KLCC, the latest component of the KLCC Precinct, is now open.
  • This new mall integrates arts, culture, lifestyle, and leisure.
  • It will feature Galeri PETRONAS, opening in late 2027.
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WCT secures RM600.89m contract for 41-storey office building at TRX

WCT secures RM600.89m contract for 41-storey office building at TRX

news

Updated:
  • WCT Holdings secured a RM600.89 mil contract for a 41-story office building.
  • The project is located at Tun Razak Exchange in Kuala Lumpur.
  • Construction is set to begin on Dec 1, 2026.
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