George Town · 5 stories
George Town is Penang island’s historic core, inscribed as a UNESCO World Heritage Site in 2008 alongside Melaka. It holds more than 5,000 historic buildings across a 109.38ha Core Zone and 150.04ha Buffer Zone, where development is tightly regulated to preserve its pre-war shophouse character — a status that shapes conservation, adaptive-reuse and heritage property values across the district.
Cititel Penang for sale at RM163m, about RM361,000 a room
The 451-room Cititel Penang on Penang Road is for sale by expression of interest at RM163 million, about RM361,000 a room; the EOI closes on 30 September.
IOI Properties halves the debt paydown from its RM7.58bil REIT and doubles the money for new property
IOIPG Malaysia REIT was constituted on 11 September and its nine sale agreements and six hotel master leases are signed. The 14 September filing cuts debt repayment from RM3.04 bil…
Kong Thai Lai, George Town’s 106-year-old kopitiam, closes on 26 September — pushed out by a third property sale
The Hainanese coffee shop founded on Lorong Hutton in 1920, and a daily haunt of the late Tan Sri Loh Boon Siew, will serve its last cup on 26 September 2026. Its third-generation …
Penang launches ONEMAP+: 1,977 CCTV cameras, 439 AEDs and 494 EV chargers on one public map
The Penang state government has put its CCTV, AED and EV charger locations onto a single public map, accessed through the Penang Smart Parking app. The platform is built by the sta…
Eight Fire-Damaged Lebuh Aceh Shophouses to Become RM10mil Cultural Heritage Hub
George Town World Heritage Incorporated has launched a RM10mil restoration of eight Category II heritage shophouses on Lebuh Aceh, damaged in a 2015 fire, into a Cultural Heritage …
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