Real estate has traditionally been viewed as a safe investment asset with powerful inflation hedging capability compared to other assets such as stocks and bonds. However, the current pandemic-induced economic weakness is testing such a perception. This is because the rampant house price growth since the coronavirus outbreak has put the ... Read More

A proposed GBS Cybercentre by Penang Development Corporation and waterfront mixed development at Bayan Lepas. Strategically located at the coastal area of Free Industrial Zone 4, just a stone's throw away from Penang Second Bridge. It is aimed to bring business and leisure together with "live, work & play" concept, where ... Read More

More Malaysian millennials are beginning to dip their toes into the property market and become prospective buyers. With their limited budget, only affordable properties are within their grasp. Horror stories of impulse buys and hidden costs aside, are high maintenance fees scaring them off. With tight budgets, millennials generally prioritise ... Read More

A newly proposed freehold mixed development by Lestari Duta Sdn. Bhd. (a subsidiary of Ideal Property Group) at Bertam in Northern Seberang Perai. Located on 467 acres of land along Jalan Tun Hamdan Seikh Tahir, adjacent to Eco Residence @ Bertam Perdana 5 housing scheme by Bertam Properties and Mekarsari ... Read More

Seeing the rubbish-ridden beaches in her hometown prompted 10-year-old Siti Zulaikha Hazrul to take part in a clean-up programme at Pantai Bersih, Penang. The Year Four pupil from Sekolah Sri Impian, in Taman Guar Perahu, said she was shocked to find plastic bottles and containers as well as food wrappers strewn ... Read More

About Muze @ PICC The first phase of residential offerings at Penang International Commercial City (PICC) integrated development by Hunza Group. This 43-acre development is strategically located within the vicinity of Bayan Baru township. It comprises two 58-storey towers featuring 846 residential units with 10 levels of car parking podium. Find out more about ... Read More

Real Estate and Housing Developers’ Association (Rehda) deputy president Datuk N K Tong said the latest survey conducted by the association showed that some developers expect housing prices to rise on the back of anticipation of increased construction costs. Respondents in the survey expect construction costs to surge an average ... Read More

A newly proposed mixed development by Asta Gemilang Sdn. Bhd. at the southern part of Penang Island. Located on 24.8 acres of coastal land at Teluk Kumbar, about 4km away from Penang International Airport. It is adjacent to Teluk Bayu Beach - a beautiful beach popular to locals. This development comprises a mix of affordable ... Read More

From 2008 to March 1, 2022, Penang State Government has spent a total of RM293.93 million for 29,944 maintenance works on all public and private housing schemes in the state. According to State Housing, Local Government, Town and Country Planning Committee chairman Jagdeep Singh Deo, a total of RM214.26 million involves maintenance work ... Read More

Penang CM Chow Kon Yeow hopes that the Butterworth Arena, which is expected to receive a Certificate of Completion and Compliance (CCC) in August or September, will attract the interest of national and international event organizers. He said this after visiting the Penang Development Corporation (PDC) project site worth RM59 ... Read More