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Property Developers & Builders in Penang

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Penang has quite a number of property developers, reflecting its vibrant real-estate market. For the past ten years, most of the residential development projects on Penang Island are mostly high-rise apartments and condominiums, along with high-end landed properties.

The scarcity of land for residential development has made Penang one of the most densely developed states in the country. Real estate prices on the island has remained strong due to high demand, though this is not always reflected in occupancy. Many of the high-end residential properties remain vacant long after they are completed, with many luxury condominiums registering low occupancies.

On this page are some of the property developers in Penang. If you are looking for someone to construct a building for you, see the list under Construction Companies in Penang.

Individual Pages of Developers in Penang

Group Listing of Developers in Penang

Asas Dunia Berhad
Wisma Asas Dunia
228 Chulia Street
10200 George Town, Penang
Phone: +60-4-255 9999

Wisma Asas Dunia, Chulia StreetWisma Asas Dunia, Chulia Street (25 January, 2013)

Setia Welcome Centre
SPICE, Jalan Tun Dr Awang
11900 Bayan Lepas, Penang
Phone: +60-4-641 2255 (sales gallery), 04 642 2855 (administrative office)

Setia Welcome Centre, SPICE, PenangSetia Welcome Centre, SPICE, Penang (25 November, 2013)

Asia Property Development
36A Northam Road
10050 George Town, Penang
Phone: +60-4-261 8316

Asia Property Development, Northam Road, Penang (23 February, 2009)

109 Lorong Selamat
10400 George Town, Penang
Phone: 012 412 0778

Dayon, Lorong Selamat, Penang (29 September, 2012)

Alshem Bina
50 & 52 Lorong Selamat
10400 George Town, Penang
Phone: +60-4-227 9811

Alshem Bina, Lorong Selamat, Penang (29 September, 2012)

Seal Incorporated
A-8-1 Bay Avenue
Lorong Bayan Indah 4
11900 Bayan Lepas, Penang
Phone: +60-4-641 1626

Seal Incorporated, Bay Avenue, Penang (28 September, 2012)

Prime View
64 Green Lane
11600 Jelutong, Penang

Prime View, Green Lane (23 September, 2012)

Metro Penang
88-H Green Lane
11600 Jelutong, Penang
Phone: +60-4-658 8798, 04 657 8798

Metro Penang, Green Lane (23 September, 2012)

SP Setia
Setia Pearl Island Country Club
8 Persiaran Kelicap
11900 Bayan Lepas, Penang
Phone: +60-4-641 2255

Ivory Properties Group
73 Dato Kramat Road
10150 George Town, Penang
Phone: +60-4-210 8000

Lip Sin Co
2nd Floor Block 2, Lebuh Pekaka 1
11700 Gelugor, Penang
Phone: +60-4-656 8977

1-L1-09 Metro Avenue
Lintang Hajjah Rehmah
11600 Jelutong, Penang
Phone: +60-4-283 9898

Airmas Group of Companies
33 Jalan Jelawat
13700 Perai, Penang
Phone: +60-4-380 6000

ED BiD Properties
Wisma TNB, 30 Anson Road
10400 George Town, Penang
Phone: +60-4-228 2018

Belleview Group
405 Burmah Road
10350 Penang
Phone: +60-4-229 1999

E & O Property Development
The Sales Gallery
Seri Tanjung Pinang
10470 Tanjong Tokong, Penang
Phone: +60-4-890 9999 (sales), 04 891 8000 (general)

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