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New Esplanade in Penang to be launched on May 13

Penangites will be able to experience the new Esplanade with the completion of its seawall upgrading project. Penang Island City Council (MBPP) secretary A. Rajendran said the RM14mil Esplanade seawall upgrading project has been completed and will be launched on Friday (May 13). "The project has been completed," he said ... Read More
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BNM increases OPR by 25 basis points to 2.00%

Bank Negara Malaysia's Monetary Policy Committee (MPC) has decided to increase the overnight policy rate (OPR) by 25 basis points (bps) to 2.00 per cent. The central bank said the ceiling and floor rates of the corridor of the OPR are correspondingly increased to 2.25 per cent and 1.75 per ... Read More
make-house-cheaper

Government urged to cut red tape and development fees to make houses cheaper

To lower the cost of a house, the government and state authorities need to cut red tape and fees associated with housing developments. National Housing Buyers Association (HBA) honorary secretary-general Datuk Chang Kim Loong said cutting bureaucracy by 50% would help developers bring down costs. He said whatever extended time ... Read More
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SITE PROGRESS: Garden Superlink II @ Jesselton Hills (May 2022)

About Garden Superlink II @ Jesselton Hills The second phase of Garden Homes Collection in Jesselton Hills, Alma by Wing Tai Asia. It comprises 75 units of two-storey superlink homes with extended size up to 26ft wide, surrounded by lush greenery and wholesome recreational amenities. The residential enclave is strategically ... Read More
simmtech-opening

Simmtech officially opened its new manufacturing facility at Batu Kawan

South Korean semiconductor giant, Simmtech Holdings Inc., through its Malaysia-based subsidiary, Sustio Sdn Bhd, has officially opened its new manufacturing facility in the Batu Kawan Industrial Park (BKIP) today. Simmtech Southeast Asia managing director Jeffery Chun said it is the company’s first advanced manufacturing facility in Southeast Asia that is ... Read More
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UPCOMING: Batu Ferringhi / Crescent Consortium Sdn. Bhd.

A proposed luxury residential development by Crescent Consortium Sdn. Bhd. at Batu Ferringhi. Located on a 5.8-acres land along Jalan Batu Ferringhi, next to Bayu Ferringhi Condominiums. It is just a short drive to the famous tourist belt of Batu Ferringhi,  about 2km to Uplands International School. This development will see the ... Read More
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Winning their dream homes

With just three simple steps, four individuals walked away with their dream homes. They took part in the ‘Vax to Win Campaign’ last year, initiated by Aspen Group to promote Covid-19 vaccination among Malaysians. It required the participants to upload their digital vaccination certificate, answer a few simple questions and create ... Read More
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Penang to come up with policy on homestays

Penang will need to look at the rules and regulations concerning homestay in private condominiums and high-rise apartments, says state executive councillor Yeoh Soon Hin. Admitting that it is a long-standing issue, Yeoh said there is no problem for the units to be used for short-term homestays if they come with ... Read More
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Ion Vivace

Ion Vivace, a serviced residence development by Innoceria Sdn. Bhd. near Batu Kawan. Located along Jalan Perniagaan Vorteks 3, next to the semi-detached shop offices at Vortex Business Park. It is less than 2km from Bukit Tambun Toll Plaza, about 10 minutes drive to Penang 2nd Bridge. This development comprises ... Read More
reverse-mortgage

SSB Reverse Mortgage (Skim Saraan Bercagar)

Skim Saraan Bercagar (SSB) by Cagamas is a type of loan for retired homeowners. Through a reverse mortgage, you can generate cash during retirement without sacrificing homeownership. This allows you to continue staying in your family home without repayment during your lifetime. Retired homeowners can use the monthly payout amount ... Read More