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Zero active Covid-19 cases in Penang
There are no more active Covid-19 cases recorded in Penang. The last two cases were reportedly discharged as of 12 noon today, according to statistics from State Health Department. This is the first...
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UPCOMING: Sungai Pinang / Uniacres Development Sdn. Bhd.
An upcoming small landed residential development by Uniacres Development Sdn. Bhd. at Balik Pulau. This is also known as the second phase of Symphony Swiss housing scheme which was completed in 2012,...
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BNM cuts OPR by 50bps to 2%
Bank Negara Malaysia (BNM) today reduced the Overnight Policy Rate (OPR) by 50 basis points (bps) to 2.00%. “The ceiling and floor rates of the corridor of the OPR are correspondingly reduced to 2.25%...
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Penang announces RM76mil aid package and assessment taxes rebate
The Penang government has launched its second economic stimulus package of RM76 million to assist the people during these challenging times in view of the Covid-19 pandemic. Chief Minister Chow Kon...
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UPCOMING: Simpang Ampat / Tambun Indah Land
Yet another new phase proposed by Tambun Indah Land at their signature Pearl City township in Simpang Ampat. It is located at the southeast of Pearl City township, near Jalan Tasek Mutiara 7....
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Penang reopened under PGRS (Penang Gradual Recovery Strategy)
Penangites heaved a sigh of relief as the state partially reopened its doors with its own adaptation of the conditional movement control order (MCO) called Gradual Recovery Strategy. Nearly all retail...
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Affordable housing at Island Glades to proceed as planned in Q4
For illustration only Ideal United Bintang International Bhd (IUBIB) will develop RM828.6mil worth of property for the 1Malaysia People’s Housing or PR1MA programme in the fourth quarter. Dubbed...
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The Light City project to resume in August
IJM Land Bhd will restart work on the stalled RM4.5bil The Light City project, which is located next to the Penang Bridge, in August. IJM Perennial Development Sdn Bhd general manager Tan Hun Beng...
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Penang allows food premises to provide dine-ins in stages
The Penang Security Special Commitee (JKKN) has allowed food and beverage outlets to provide dine-ins in stages. Chief Minister Chow Kon Yeow said the first phase would start on May 15 (Friday). “The...
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UPCOMING: Teluk Kumbar / Wisma Dayamas Sdn. Bhd.
One of the first few developments proposed after the relaxing of MCO in Penang. This newly proposed residential development by Wismas Dayamas Sdn. Bhd. will be located along Jalan Teluk Kubar,...
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Penang to allow dine-in at all restaurants from May 18
Penangites will be able to dine in at all eateries in the state from Monday (May 18). Chief Minister Chow Kon Yeow (pic) confirmed this during his press conference via Facebook on Friday (May 15)....
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Penang will be ready to welcome tourists by Q3, Q4 2020
Penang expects to welcome tourists by third or fourth quarter of this year following the outbreak of Covid-19 pandemic. Penang Tourism, Arts, Culture and Heritage Committee chairman Yeoh Soon Hin said...
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MM2H holders are allowed to return to Malaysia
Malaysia My Second Home (MM2H) participants stranded abroad have been allowed to return to the country since May 14, following the easing of movement restrictions. Tourism, Arts and Culture Minister...
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UPCOMING: George Town / Marina Pavilion Sdn. Bhd.
Yet another luxury residential development proposed by Marina Pavilion Sdn. Bhd. at George Town. Located within an established neighborhood along Solok York, just a stone’s throw away from Penang...
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AFFORDABLE: Nibong Tebal / EcoWorld
An upcoming affordable housing development by EcoWorld in partnership with Penang State Government. It is located on a 15.1 acres land along Jalan Sungai Daun near Kalidonia Farm, about 2km away from...
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Federal Court: Single rate of maintenance fees for all the parcels in the...
The Federal Court has today rejected an application for leave to appeal against the Court of Appeal’s (COA) decision in the Menara Rajawali case. The COA had decided on Oct 4, 2019 that the Joint...
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Not OK to waive maintenance fees in light of Covid-19
Many strata property owners may have sought waivers or discounts on maintenance fees since the Covid-19 outbreak and the ensuing Movement Control Order (MCO) period but such fee waivers and discounts...
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Developers fine-tune strategies to attract buyers
During these challenging times of the coronavirus, developers have fine-tuned their marketing strategies in ways that can be very tempting for the potential house buyer. It is no longer as...
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Upcoming worker’s hostel at Penang Science Park
Proposed 684-room worker’s hostel at Penang Science Park North in Bukit Minyak by Biopolis Resources Sdn. Bhd. in collaboration with PDC. Located adjacent to JLL Malaysia Sdn. Bhd., just a stone’s...
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The Penang Bay International Ideas Competition to be held by September
The Penang Bay International Ideas Competition will proceed and is scheduled to be held by September this year. Penang Local Government, Housing, Town and Country Planning Committee chairman Jagdeep...
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