PETALING JAYA (July 13): UDA Holdings Bhd is advancing the redevelopment of wakaf (Islamic endowment) land with the launch of Amaanee Residences @ Wakaf Seetee Aisah in Seberang Jaya, Penang, a 410‑unit apartment project developed in collaboration with the Penang State Islamic Religious Council (MAINPP).
Note: This article has been amended for accuracy.
PETALING JAYA (July 8): Hektar Real Estate Investment Trust (Hektar REIT) has completed the acquisition and lease of a leasehold industrial property in Penang following fulfilment of the conditions precedent and satisfaction of the purchase consideration, according to a Bursa Malaysia filing.
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PETALING JAYA (July 6): Ascott has launched HARRIS Hotel & Conventions Sunshine Penang, introducing the HARRIS brand to Malaysia and adding hotel and conventions capacity to Malaysia’s hospitality market.
PETALING JAYA (July 2): Oriental Holdings Bhd (OHB) said the second sale and purchase agreement (SPA 2) under its proposed RM411 million acquisition package involving hotel‑related assets in Penang and Langkawi has become unconditional after the remaining conditions precedent were fulfilled or waived.
PETALING JAYA (July 1): Ideal Property Group has completed all infrastructure works for its 880-acre Penang Technology Park @ Bertam, with the development moving into its full delivery phase following the completion of its landmark entrance gateway.
This article appeared in the June 11, 2026 issue of the monthly print edition.
PETALING JAYA (June 27): Penang Port has called a tender for a 2.
KUALA LUMPUR (June 22): S P Setia Bhd broke ground on its 509-acre Setia Fontaines Industrial Park in Bertam, Kepala Batas in Penang on June 20, in a ceremony attended by Prime Minister Datuk Seri Anwar Ibrahim and Penang Chief Minister Chow Kon Yeow.
PETALING JAYA (June 11): YLI Holdings Bhd has clarified that 75% of the RM20.
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