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Penang to seek RM100m allocation from Fed Govt for housing needs

Construction of The Zen affordable housing project in progress. Penang will seek the help of new Housing and Local Government Minister Datuk Seri Reezal Merican Naina Merican to provide affordable...

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Risk of abandoned projects rises

There is a potential rise in abandoned projects as the Covid-19 pandemic drags on with high daily cases. Property and legal experts told The Edge Malaysia in a report this this week that there could...

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Penang hotels set to re-open their doors mid-Sept

Most hotels here are waiting till mid-September to re-open as Penang is expected to have by then 100% of its population getting at least one Covid-19 vaccine dose. Malaysian Association of Hotels...

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Paramount hopes for speedier sales conversion and project approvals as...

Utropolis Batu Kawan Paramount Corp Bhd hopes to sustain the strong sales momentum with speedier sales conversion and project approvals as lockdown restrictions ease, says its group chief executive...

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MIEA launches landlord insurance

The Malaysia Institute of Estate Agents (MIEA) has launched the MIEA Landlord Insurance policy which will help landlords gain independence against the risk of runaway tenants, rent arrears together...

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UPCOMING: Sungai Bakap / Asas Dunia Berhad.

Proposed residential development by Asas Dunia Berhad at Sungai Bakap. Located on 29 acres of land along Jalan Sungai Duri, immediately opposite Taman Seruling Emas. It is about 5km away from...

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First phase of Gurney Wharf is expected to complete by Q4 next year

Work on the RM200.3 million Gurney Wharf project is expected to start in the fourth quarter of this year after delays in the project due to the Covid-19 pandemic and subsequent lockdowns. State...

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Aspen Group Launches Vax to Win Campaign, with Amazing Prizes for Fully...

In conjunction with the 64th National Day, the Group today launched its nationwide Vax to Win Campaign to promote the Covid-19 vaccine amongst Malaysians. Prizes include a resort-inspired condominium...

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10% discount if you buy affordable housing during pandemic

Until 30 June 2022, those who are eligible to buy affordable housing (RMM) in Penang Island and Seberang Perai will enjoy a 10% reduction in selling price. Elaborating further, state Housing, Town,...

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M Vista – Last 5 units left

M Vista is a low-density development in Penang Island, featuring only 237 units of spacious homes with spectacular views.  Strategically located just a mere minutes drive from Penang’s Second Bridge,...

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MBPP to issue RFP for Teluk Kumbar affordable housing and market complex...

The Penang Island City Council (MBPP) will call for Request For Proposal (RFP) through build-operate-transfer (BOT) arrangement for a public market complex and an affordable housing project in Teluk...

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Malaysia’s home purchases plunge in Q1

Local residential property transactions plunged 44.7 per cent year-on-year (YoY) for the first quarter (Q1) of 2021, according to PropertyGuru DataSense. In its latest property market update report,...

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Walk-in vaccinations at 10 Penang PPVs from tomorrow

Penangites can walk in to get vaccinated at 10 selected locations across the state from tomorrow, as the state ramps up vaccination to stem the growing number of cases there. The walk-in is available...

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Casa Rica @ Setia Greens

Casa Rica @ Setia Greens, an upcoming luxury landed residence by Kewira Jaya Sdn. Bhd. (a subsidiary of S P Setia Bhd.) at Setia Greens in Sungai Ara. It will be located along Changkat Sungai Ara 6,...

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PSI project on hold after fisher folk win appeal, Penang may file judicial...

The Penang government may apply for a judicial review against the Appeal Board’s decision earlier today that cancelled approval of the Environmental Impact Assessment (EIA) of its ambitious sea...

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Beware of illegal brokers, says real estate associations

Real estate associations are urging the public to beware of illegal brokers under the guise of technology and innovation. The associations consisted of The Royal Institution of Surveyors Malaysia...

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MBPP issued stop-work orders on five construction sites due to Covid-19

Factories and construction sites in Penang have contributed a major portion of Covid-19 cases in the state, says state Housing, Local Government and Town and Country Planning Committee chairman,...

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State government to allocate RM192k for repair works at Sri Saujana Apartment...

Penang government will continue to carry out maintenance works in all eligible public and private housing schemes in the state. This assurance was given by state Local Government, Housing, Town and...

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Residential sector still being the main driver of the local property market

While the Covid-19 pandemic has shaken up the investment plans of property developers over the last year-and-a-half, the outlook of certain subsectors remains resilient and continue to attract focus....

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SITE PROGRESS: The Amarene (Sep 2021)

  About The Amarene Part of Ideal Vision Park development by Ideal Homes in Bayan Lepas, Penang. This development is strategically located along Jalan Tun Dr. Awang, adjacent to Tree Sparina...

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