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Bank Negara Malaysia maintains OPR at 3%

At its meeting today, the Monetary Policy Committee (MPC) of Bank Negara Malaysia has decided to maintain the Overnight Policy Rate (OPR) at 3% amid global economic challenges. The committee noted...

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Penang’s new ferries to begin service next month

Social media has been abuzz since Wednesday with news about the arrival of four new Penang ferries here. At a cost of RM18 million each, the four new ferries will be used to carry pedestrians and...

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AFFORDABLE: Balik Pulau / MTT Properties & Development Sdn. Bhd.

Newly proposed affordable housing development by MTT Properties & Development Sdn. Bhd. in Balik Pulau. Located near Jalan Sungai Air Putih, allowing for a convenient short walk to Botanica CT...

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Owners of more than one home may consider selling on the possibility of...

Borrowers may have gotten a reprieve from Bank Negara Malaysia’s (BNM) decision to keep the overnight policy rate (OPR) at 3 per cent, but the possibility of another rate hike this year is making some...

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SITE PROGRESS: Lucerne Residences (July 2023)

About Lucerne Residences The final phase of residential development by Ideal Property Group at Ideal Vision Park in Bayan Lepas. It is just a short drive to Penang International Airport, 10 minutes...

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Groundbreaking for affordable housing project in Simpang Ampat

GUH Development Sdn. Bhd. will build a block of 20-storey flats consisting of 208 units of Affordable Housing (RMM) Type A or Low Cost (LC for RM42,000 each on a 2.3-acre open land next to Jamek...

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1,245 Affordable homes to be built next to Tun Dr. LCE Expressway

The affordable housing projects, Mutiara Ria and Mutiara Rini, which were under construction but later demolished due to non-compliant building materials, are now set to be reconstructed with a new...

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The Zen 90% completed and expected to receive CCC early next year

Asia Green Group’s affordable homes project, called The Zen, is progressing well and is expected to be ready by early next year, caretaker state Housing, Local Government, Town and Country Planning...

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PuncakCity @ Juru South

PunckCity @ Juru South, a freehold commercial hub development by Puncakcity Development Sdn. Bhd. at Permatang Tinggi. Strategically located on approximately 42 acres of land near the intersection of...

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Taiwan’s EMC to set up a new factory in Penang

According to Taiwan’s media reports, Taiwan’s copper clad laminate (CCL) leader – Elite Material Co., Ltd. (EMC) announced that it will spend about RM186 million ringgits for a new factory in Penang....

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Affordable housing @ Jelutong (formerly known as Mutiara Rini & Mutiara Ria)

An upcoming affordable housing project in Jelutong, undertaken by JKP Jelutong Development Sdn. Bhd., which is a joint venture company between JKP Sdn. Bhd. and GSD Land Sdn. Bhd. Strategically...

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UPCOMING: Balik Pulau / MTT Properties & Development SB

Yet another proposed residential development by MTT Properties & Development Sdn. Bhd. within the vicinity of Botanica.CT in Balik Pulau. Strategically located off Jalan Sungai Air Putih, just a...

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Ceria D’ Eco Horizon Show Unit Open for Viewing!

We are thrilled to announce that the highly anticipated Ceria D’ Eco Horizon Show Unit is now open for viewing. This marks a significant milestone for the Eco Horizon township as it unveils its First...

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Transport Minister: Govt could approve Penang Island-Mainland LRT

The unity government could greenlight an LRT project that would connect Penang island with mainland Seberang Perai, says transport minister Loke Siew Fook. Loke, who is also the DAP secretary-general,...

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A Gem in Botanica.CT – Begonia, Enriching Life through Joy and Hope

Begonia, the first gated & guarded freehold development by MTT Properties & Development Sdn. Bhd. Strategically located in Botanica.CT integrated township of Balik Pulau, south-west of Penang...

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Granito @ Permai is now 80 percent complete

The construction of the Granito @ Permai affordable housing project, which comprises 980 residential units, located near Lorong Lembah Permai 3, Tanjung Bunga, has now reached 80 percent completion....

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Rehda speaks out against higher conveyancing legal fees

The recent hike in conveyancing legal fees will lead to an overall rise in the cost of purchasing a house, according to the Real Estate and Housing Developers’ Association Malaysia (Rehda). Rehda...

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Montview Residences

Montview Residences, yet another freehold residential development by Grandpalms Development Sdn. Bhd. (a subsidiary of WHH Land) in Machang Bubok. Situated adjacent to The Navens, both developed by...

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SITE PROGRESS: Sena Mas (July 2023)

About Sena Mas The very first gated affordable landed housing in Penang by PTL Properties Sdn. Bhd, featuring 338 units of 2-storey townhouses. It is located within Tasek Gelugor township, easily...

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SENZE@PICC – The Most eye-catching new fully furnished smart residence

Welcome to SENZE@PICC, the latest masterpiece of Penang International Commercial City (PICC)! This well-built fully furnished smart residence combines modern technology and resort-style luxury...

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