Government urged to cut red tape and development fees to make houses cheaper
To lower the cost of a house, the government and state authorities need to cut red tape and fees associated with housing developments. National Housing Buyers Association (HBA) honorary...
View ArticleBNM increases OPR by 25 basis points to 2.00%
Bank Negara Malaysia’s Monetary Policy Committee (MPC) has decided to increase the overnight policy rate (OPR) by 25 basis points (bps) to 2.00 per cent. The central bank said the ceiling and floor...
View ArticleNew Esplanade in Penang to be launched on May 13
Penangites will be able to experience the new Esplanade with the completion of its seawall upgrading project. Penang Island City Council (MBPP) secretary A. Rajendran said the RM14mil Esplanade...
View ArticleVacant F&B lots in Komtar Walk up for rental
Prospective tenants looking for a place to rent to operate businesses can consider Komtar Walk as three food and beverages (F&B) lots are available for rental. Penang Development Corporation (PDC)...
View ArticleGurney Wharf breaks ground today
The much-awaited Gurney Wharf project, an initiative of the Penang government, will be gradually opened to the public when it is safe to do so as it enters the construction phase following a...
View ArticleLicensed homestays allowed in Penang
The difference between a short-term stay and a homestay is that the latter is licensed and allowed by the Tourism, Arts and Culture Ministry. State Housing, Local Government, Town and Country Planning...
View ArticleUPCOMING: Bukit Minyak / Thunderflash Realty SB.
A proposed gated and guarded residential development by Thunderflash Realty Sdn. Bhd. at Bukit Mertajam. Located along Jalan Bukit Minyak, just a mere minutes drive to AEON Big hypermarket at Bukit...
View ArticleKlippa Shopping Centre and mixed-use development at Batu Kawan
Ikano Centres has officially unveiled ‘Klippa’ as the name of its retail destination and mixed-use development, which aims to be the cultural heart and hub for the growing Batu Kawan township. Ikano...
View ArticleStraits City waterfront development masterplan unveiled
The master plan for the RM3 billion Straits City in Penang, the flagship development by Singapore Exchange-listed The Straits Trading Co Ltd and Malaysia Smelting Corp Bhd (MSC), has been revealed....
View ArticleGurney Wharf will cost at least RM200mil, to be completed in 2025
The cost of developing the Gurney Wharf waterfront project has increased by 12 per cent to RM200 million. According to Penang Chief Minister Chow Kon Yeow, the project’s cost has been increased by...
View ArticleSITE PROGRESS: Sinaran Residences (May 2022)
About Sinaran Residences @ Utropolis The residential component in the third phase of Utropolis development by Paramount Property at Batu Kawan, Penang. It is strategically located along Bandar Cassia...
View ArticleSuria Apartment
Suria Apartment, a low-medium cost apartment by PJD Eastern Land Sdn. Bhd. at Harbour Place in Butterworth. Located along Jalan Harbour Place, diagonally opposite Ocean View Residences. Is it just a...
View ArticleThe Design Essence of Eco Horizon’s Semi-D
Nestled in the serene environment of the newly developed Bandar Cassia, Eco Horizon is fast becoming a popular choice for homebuyers thanks to the chic design of the township’s houses that incorporate...
View ArticlePenang signs agreement with Rayston on Bagan Ajam coastline reclamation project
The latest supplementary agreement between the Penang government and Rayston Consortium (Butterworth) Sdn Bhd (RCSB) has been inked yesterday to enable the company to continue its obligations as...
View ArticleAFFORDABLE: Pantai Jerjak / PDC Properties Sdn. Bhd.
Proposed affordable housing development by PDC Properties Sdn. Bhd. at Pantai Jerjak. Located on approximately 2 acres of land along Tun Dr. Lim Chong Eu Expressway, accessible via Jalan Pantai Jerjak...
View ArticleAffordable housing project by LPNPP broke ground near Bayan Lepas
The Chief Minister, Y.A.B. Tuan Chow Kon Yeow described that the first project launched by the Penang State Housing Board (LPNPP) known as The Millennia@Bayan Lepas will be a vibrant and strategic...
View ArticleThe Millennia @ Bayan Lepas
The Millennia @ Bayan Lepas, an affordable housing project by Penang State Housing Board (LPNPP) at Bukit Gedung near Bayan Lepas. It will be located on an 8.7-acre land adjacent to B.Braun...
View ArticleRobina Eco Park development in line with Penang Vision 2030
The Chief Minister, Y.A.B. Tuan Chow Kon Yeow stated that the successful development of Phase 1 and Phase 2 of Taman Robina Eco Park is in line with Penang Vision 2030: A family-focused green and...
View ArticleFort Cornwallis to be fully restored by early 2025
After restoration works started at the poorly maintained storerooms of Fort Cornwallis in 2016, George Town Conservation and Development Corporation Sdn Bhd (GTCDC) revealed that the first phase of...
View ArticlePenang undersea tunnel report to be merged with container terminal expansion...
The final draft of the feasibility report for the controversial undersea tunnel will be integrated with the North Butterworth Container Terminal (NBCT) expansion master plan by the Penang Port...
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