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Bank Negara reduces OPR to 1.75pc, lowest since 2004
Bank Negara Malaysia (BNM) today reduced the Overnight Policy Rate (OPR) by another 25 basis points to 1.75 per cent, a record low since the floor was set in 2004. In a statement today, it said the...
View ArticleVirtual Tour: Valencia Residence
Valencia Residence Show Gallery [View in FULL SCREEN] Affordable yet luxuriously comfortable, Valencia Residence nestled within a friendly neighborhood with a myriad of cultures and ethnicities. It is...
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BNM may cut OPR by another 25bps as early as September
Hong Leong Investment Bank Research (HLIB) is not discounting the possibility that Bank Negara Malaysia (BNM) will cut the overnight policy rate (OPR) by another 25 basis points (bps) to 1.50% by as...
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SITE PROGRESS: Suasana @ Utropolis (July 2020)
About Suasana @ Utropolis The second phase of Utropolis development by Paramount Property in Batu Kawan, Penang. Strategically located on a 3-acres freehold land next to the UOW Malaysia KDU...
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Penang has forth-highest overhang units in Q1 2020
According to the latest property market transaction data for 2019 to Q1 2020 by the National Property Information Centre (NAPIC), overall overhang properties recorded in Q1 2020 showed that there are...
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UPCOMING: George Town / Serendipity Capital Bhd.
A newly proposed high-rise commercial development by Serendipity Capital Berhad in the heart of George Town. Strategically located along Lebuh Noordin, adjacent to M Summit 191 serviced residence by M...
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Favourable outlook for industrial properties post-MCO
The outlook for Malaysia’s industrial property market is looking favorable as it is expected to see more inquiries, especially from manufacturers, said independent property consultancy firm, Knight...
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SITE PROGRESS: Vertu Resort Condominium (July 2020)
About Vertu Resort Condominium First resort-inspired high-rise development by Aspen Group at Batu Kawan, with a gross development value (GDV) of RM620mil. This is the second phase (and the first...
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Penang sets up SPV to lead the implementation of PTMP
The Penang government has announced the incorporation of a special purpose vehicle company, Penang Infrastructure Corporation Sdn Bhd, to lead the implementation of the mega projects under the Penang...
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UPCOMING: Ayer Itam / Farlim Group
A new proposed development by Farlim Group Bhd. at Bandar Baru Ayer Itam in Penang Island. Located on a 1.66-acre land along Lorong Semarak Api 2, next to Casa Idaman and surrounded by several other...
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Movable proprety were confiscated for failing to clear maintenance fees
Two residential units in a condominium near Batu Feringghi today received a warrant of detention of movable property from Penang Commissioner Of Building (COB) for Penang City Council (MBPP). Penang...
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SITE PROGRESS: Eco Horizon (July 2020)
About Eco Horizon a 300-acre integrated mixed-development township by EcoWorld at Batu Kawan, said to be the largest scheme undertaken by a single developer. It is strategically located right...
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Penang to launch public housing regeneration project
The Penang government plans to regenerate aged public housing schemes in the state to cater to current needs. State Local Government, Housing Development and Town and Country Planning Committee...
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Property outlook remains challenging
The outlook of the property sector remains challenging for the next one year with most developers still assessing the economic situation and deliberating whether to continue or defer future launches....
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Beverly Heights – An Epitome of Prestige & Privacy
Embraced by pristine forest, a whisper away from the hustle and bustle of city life lays Beverly Heights, your sanctuary within the bold coupling of in-vogue contemporary lifestyle and unsurpassed...
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Penang draws RM6.8 bil investments, 4,035 jobs to be created
Penang has again topped the list of approved manufacturing foreign direct investments (FDI) for the first quarter of this year (1Q2020). The state recorded a promising RM6.8 billion in approved...
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Several initiatives under Penjana to rejuvenate property market
The Government through the National Economic Recovery Plan (Penjana) 2020 has lined up several initiatives to rejuvenate the property market and address the lack of affordable housing particularly for...
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QuayWest Residence – Buy now and save up to RM380k!
Fronting the scenic waterfront of Persiaran Bayan Indah near Queensbay Mall, with sparkling azure seas and sandy beaches as your neighbour, life here will a wonderful microcosm of endless choices....
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UPCOMING: Butterworth / SY Ong Architect
A newly proposed small landed residential development by SY Ong Architect at Bagan Jermal in Butterworth. Located along Jalan Melur, this development is only a mere minutes drive to Econsave and Tesco...
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Real Property Gains Tax exemption causing confusion
The proposed Real Property Gains Tax (RPGT) exemption for Malaysian property owners has caused confusion among those intending to sell their property as the new rates have yet to be gazetted. National...
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