Work on the RM200.3 million Gurney Wharf project is expected to start in the fourth quarter of this year after delays in the project due to the Covid-19 pandemic and subsequent lockdowns. State executive councillor Jagdeep Singh Deo told the Penang state legislative assembly today that the planning permission and ... Read More

Proposed residential development by Asas Dunia Berhad at Sungai Bakap. Located on 29 acres of land along Jalan Sungai Duri, immediately opposite Taman Seruling Emas. It is about 5km away from Penang-Kedah border, a 5-minute drive from North-South Expressway Jawi Toll Plaza. The development will feature 313 units of single-storey ... Read More

The Malaysia Institute of Estate Agents (MIEA) has launched the MIEA Landlord Insurance policy which will help landlords gain independence against the risk of runaway tenants, rent arrears together with potential damages to their asset or property when faced with bad tenants. “As property agents, there is not much agents ... Read More

Paramount Corp Bhd hopes to sustain the strong sales momentum with speedier sales conversion and project approvals as lockdown restrictions ease, says its group chief executive officer Jeffrey Chew. He, however, warned that the property market will be weighed down by continued economic uncertainties caused by the prolonged pandemic situation ... Read More

Most hotels here are waiting till mid-September to re-open as Penang is expected to have by then 100% of its population getting at least one Covid-19 vaccine dose. Malaysian Association of Hotels (MAH) Penang Chapter chairman K. Raj Kumar said although hotels are allowed to re-open now, not many were ... Read More

There is a potential rise in abandoned projects as the Covid-19 pandemic drags on with high daily cases. Property and legal experts told The Edge Malaysia in a report this this week that there could be potentially “millions, if not billions, of ringgit worth of projects being abandoned once the ... Read More

Penang will seek the help of new Housing and Local Government Minister Datuk Seri Reezal Merican Naina Merican to provide affordable housing for its people and also an allocation of RM100 million for its maintenance programme for 2022. State Local Government, Housing, Town and Country Committee chairman Jagdeep Singh Deo said ... Read More

It is time to come up with policies for the future that can prevent the spread of Covid-19 and other viral infections such as a reduction in plot ratio for development projects, a city councillor Lee Kim Noor said. The Penang Island City Council (MBPP) councillor said it is important ... Read More

All new applications for the Malaysia My Second Home Programme (MM2H) will be handled and processed by the Immigration Department (JIM) beginning October, after all the related legal processes are completed. The Ministry of Tourism, Arts and Culture (MOTAC) in a statement said in the transition process, the ministry through ... Read More

RITZE Perdana, a residential development scheme by Great Marvel Sdn. Bhd. at Simpang Ampat. Located along Jalan Perdana, also known as the phase 2C of  Taman Perdana. It is just a stone's throw away from Simpang Ampat Small Medium Industrial Park, about 10 minutes drive from Bukit Tambun Toll Plaza. Surrounding amenities include GEMS International ... Read More