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Over RM20bil worth of residential properties remain unsold
Some RM20bil worth of residential properties remain unsold due to an overhang, says Housing and Local Government Minister Zuraida Kamaruddin (pic). “Based on the First Quarter 2020 Property Market...
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Ivory Properties gets green lights to buy land opposite Queensbay Mall
Ivory Properties Group Bhd (IPGB) said it has received the shareholders’ approval for the acquisition of two pieces of adjoining freehold land, totaling 1.98 hectares (ha), located opposite Penang...
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Penang Island is one of the “11 Best Islands for Retirement Abroad”
Penang has been named as one of the “11 Best Islands for Retirement Abroad” by International Living, a website that covers global retirement or relocation opportunities, earlier this month. The other...
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Upcoming foreign workers dormitory at Valdor
GUH Realty Sdn. Bhd. (a subsidiary of GUH Holdings Berhad) and Centralised Dormitory Sdn Bhd will be jointly developing 5 blocks of 5-storey foreign workers dormitory in approximately 7.5 acres of...
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Automatic approval for extended moratorium on loan repayment for B40 and...
The government has instructed banks to automatically approve applications to freeze loan repayments by applicants in the bottom 40% income group (B40) as well as micro-enterprises with debts of below...
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Putrajaya pulls back govt guarantee for Penang’s RM2b loan to finance LRT...
Proposed Bayan Lepas LRT Putrajaya has decided not to proceed to grant a government guarantee for a US$500 million (RM2.04 billion) loan application by Penang to partly finance its RM9.5 billion light...
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AFFORDABLE: Balik Pulau / Alamkhas Sdn. Bhd.
Proposed affordable housing development by Alamkhas Sdn. Bhd. at Balik Pulau. Located on a 2.86 acres land adjacent to Taman Prestij 3, just a stone’s throw away from P3 Residence by PLB Home. It is...
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Not enough low-cost housing to meet the demand in Penang Island
State Housing, Local Government, Town and Country Planning Committee chairman Jagdeep Singh Deo, said that as of 30 September, there were 3,866 applicants in the Southwest District waiting for the...
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Ambay Garden @ Pearl City
Ambay Garden, the latest addition of residential component to Pearl City township by Tambun Indah in Simpang Ampat. Located along Jalana Tasek Mutiara 7, next to Pearl Saujana Permai and Ambay Park....
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Penang LRT project to go on with other financing options
Penang will not give up on its proposed Light Rail Transit (LRT) project despite Putrajaya withdrawing its guarantee, said Chow Kon Yeow. The Penang chief minister said the state will continue with...
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Penangites in favour of LRT plan
Stakeholders in Penang, championing for a better public transportation system, and Penangites at large are still looking forward to the Bayan Lepas Light Rail Transit (LRT) project to be materialised....
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SITE PROGRESS: Setia Fontaines (Dec 2020)
About Setia Fontaines 1,675-acres freehold township development by S P Setia at Bertam. Strategically located adjacent to Bandar Putra Bertam, less than 25 minutes drive to Penang bridge and...
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Strata Condominium Disputes and How to Make a Claim at the Tribunal in Malaysia
By Sr. KC Law While living in a condominium has its advantages, such as having cool facilities to use, it surely has its disadvantages. The below 2 situations may sound familiar to you – The...
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Gurney Walk
Artist’s impression of the facade of Gurney Walk. Penang’s famous Gurney Drive will be getting a new landmark called “Gurney Walk” next year. The project’s developer Plentitude Bhd is touting it to be...
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UPCOMING: Bukit Mertajam / Aseania Development Sdn. Bhd.
A newly proposed residential development by Aseania Development Sdn. Bhd. at Bandar Perda in Bukit Mertajam. It is located near Jalan Perda Utama, adjacent to Taman Camellia. Surrounding amenities...
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CMCO to end in Penang tomorrow except two sub-districts, EMCO only in target...
File picture The Penang Government had expressed its thanks to the National Security Council (MKN) Special Session on COVID-19 for considering the proposal made by the Penang State Security Special...
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Mezzo at The Light City – Luxurious seafront condo
Discover a breath-taking place that is not only picturesque or tranquil but also full of energy and excitement. An urban heart that exudes life and vitality, at the same time surrounded by like-minded...
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Penang Bay International Ideas Competition receives huge response
The Penang Bay International Ideas Competition has received a total of 79 entries from participants in almost 20 countries. The closing date was Oct 19 this year. The competition that was open to...
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UPCOMING: Bukit Mertajam / United Bestworld Sdn. Bhd.
A newly proposed mixed development by United Bestworld Sdn. Bhd. at Machang Bubok in Bukit Mertajam. Strategically located on a 5.6-acre land along Jalan Kulim, right opposite the intersection of...
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One out of three PR1MA projects cancelled in Penang
The government, via the Housing and Local Government Ministry (KPKT), disbursed RM172 million as compensation for 17 cancelled 1Malaysia Housing Programme (PR1MA) projects. KPKT Minister Zuraida...
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