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PSR and PTMP included in Penang Structure Plan 2030

The controversial Penang Transport Master Plan (PTMP) and Penang South Reclamation (PSR) project were included as part of the draft Penang Structure Plan 2030 (PSP2030) which is now in the process of...

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Penang undersea tunnel project to continue

Picture for illustration only The proposed Penang undersea tunnel project will continue and is in its final stage of feasibility study, says Chief Minister Chow Kon Yeow. He said the state government’s...

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UPCOMING: Air Itam / Focal Products Sdn. Bhd.

A newly proposed residential development by Focal Products Sdn. Bhd. at Air Itam, Penang. Located at the intersection of Jalan Teochew Satu and Jalan Thean Teik, next to Hui Aun Apartment. It is only...

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Penang International Airport (PIA) may be expanded to accommodate 20 million...

Image source: Wikipedia.org The federal government may enlarge the Penang International Airport (PIA) to accommodate a maximum of 20 million passengers instead of the initial 12 million proposed....

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Bank Negara cut key interest rate by 25bps to 3%

Bank Negara Malaysia (BNM) decided to cut the Overnight Policy Rate (OPR) by 25 basis points to 3% from 3.25% at its Monetary Policy Committee (MPC) today amid weak economic outlook. This is the first...

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Penang developers bagged 9 awards from PIPDA 2019

The fifth instalment of the Property Insight Prestigious Developer Award (PIPDA) 2019, was held on the evening of 3rd May at Shangri-La Hotel. The awards serve as a benchmark for local property...

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Malaysians averagely spent 4.37 hours per week viewing property

Malaysia is the most property obsessed country in the Southeast Asia and ranked at fourth place globally after the United Arab Emirates, the United States and Taiwan, according to HSBC Malaysia....

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Praicon Tower

A high-rise commercial development by Praicon Corporation Sdn. Bhd. at Butterworth, Penang. It is strategically located along the ever-bustling Jalan Chain Ferry, just a stone’s throw away from the...

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3 Cs in getting your loan approved… and read till the end for your bonus

* Article by Freemind Works * Recently, it was reported in freemalaysiatoday.com that home loan rejection rate is as high as 70%. Well … applying for a loan can be a frightening task that will require...

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Mah Sing celebrates the completion of Tower B at Ferringhi Residence 2

Mah Sing Group Berhad (Mah Sing) held a topping up ceremony for Phase 1 of its Ferringhi Residence 2@Batu Ferringhi, Penang today. The ceremony symbolises the completion of the structure of the...

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Are you ready to buy a property? 5 things to ask yourself first

By Edward Tagnipis For many young people who have just finished their studies and have entered the world of working life, saving up and buying a house is one of their top priorities. Some may intend to...

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National Affordable Housing policy launched

China-based developers have been roped in to offer rent-to-own affordable homes that are built using Industrialised Building System (IBS), says Zuraida Kamaruddin. The Housing and Local Government...

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Tradesmen and Ventus

Tradesmen & Ventus, a mixed commercial development by Jayamas Pintar Sdn. Bhd. at Batu Maung. It is strategically located within the vicinity of Southbay City by Mah Sing Group, just a mere...

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EcoWorld’s HOPE – A Comprehensive Home Ownership Solution

Owning a new home is no longer a dream now. EcoWorld’s HOPE is a comprehensive home ownership solution for purchasers to kick-start their journey as homeowners or upgrade to their choice of EcoWorld...

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Orange Industrial Park

Orange Industrial Park, an light industrial park development by Tah Wah Group at Chain Ferry, Butterworth. Located near prime industrial areas in Prai, adjacent to Southern Pipe Industry (M) Sdn. Bhd....

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More national housing affordability initiatives needed

While Malaysians are satisfied overall with government approaches to bring affordable property to the people, the majority still feel that a more targeted approach could be taken to address this...

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Property crowdfunding framework unveiled

The Securities Commission Malaysia (SC) has released a new property crowdfunding framework, following revisions made to its Guidelines on Recognised Markets here today. This is in relation to an...

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D’Nonce Technology and OCR team up to develop affordable housing in Penang

D’nonce Technology Bhd and OCR Group Bhd are teaming up to develop affordable apartments in Seberang Perai Tengah, Penang, said the latter in a bourse filing today. OCR’s unit Fajar Simfoni Sdn Bhd...

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Seberang Perai is now a City

Image source: wikipedia.org Penang will be the only state in Malaysia with all its Local Authorities (PBTs) elevated to city council status. Penang has two local authorities – the Penang Municipal...

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MUZE @ PICC – Official Grand Launch (25 & 26 May)

You’re invited to experience a New Age Of Global Living right here in Penang. Hunza Group is getting ready to celebrate the official launch of Muze – PICC’s First Residential Component. Featuring an...

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