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All loan borrowers with reduced income eligible for lower monthly instalments
Bank Negara Malaysia (BNM) yesterday reiterated that all loan borrowers who have suffered a drop in income, including salary, allowances, commissions and household incomes, are eligible for a reduction of monthly instalments according to the reduced income. In a series of tweets detailing the eligibility for reduction of monthly instalments, the ... Read More
Entopia enters into hibernation till end-2021
Entopia by Penang Butterfly Farm has gone into ‘hibernation’. The management of corporation has decided that going into ‘hibernation’ was the best route to take during the ongoing Covid-19 pandemic. “We regret that the tourism and travel industry is being hit hard by the Covid-19 pandemic since the very beginning ... Read More
EMCO to be enforced in 13 localities in Penang starting Friday (June 4)
The enhanced movement control order will be enforced in 13 localities around Pekan Bayan Lepas in Penang beginning June 4 after a spike in the number of Covid-19 cases. The affected areas are Sri Bayu, Bayu Tiara, Bayu Nyaman, Halaman Murni, Bayan Permai, Bayan Tiara, Taman Ara Indah, Kampung Bukit, ... Read More
UPCOMING: Bukit Mertajam / Concrete Gold Sdn. Bhd.
A newly proposed affordable housing township development plan by Concrete Gold Sdn. Bhd. near Mengkuang at Bukit Mertajam. Located adjacent to Mengkuang Dam, about 3 minutes drive from BKE Penanti interchange. It is only about a few kilometers to Penang-Kedah state border. This project will see the development of a self-sustainable township ... Read More
Jagdeep proposes state-level HOC to be extended to June next year
The state-level Home Ownership Campaign (HOC), which has been extended to June this year, may be extended by another year. State Housing, Local Government, Town and Country Planning Committee chairman Jagdeep Singh Deo said he would be appealing to the state government to consider extending the campaign again due to ... Read More
Penang South Islands creates jobs, tangible state assets and increases social capital
By the Penang Infrastructure Corporation Time and again we have been allaying misconceptions regarding Penang South Islands (PSI). Penang and its people will gain from the tangible returns and social capital from PSI that will be disproportionately high to the investment in the form of innumerable benefits. Penang stands to gain ... Read More
HOC stamp duty exemption scheme extended till end-2021
The Ministry of Finance (MoF) has agreed to extend the residential home stamp duty exemption scheme under the Home Ownership Campaign (HOC) for six months to Dec 31, 2021. In a document sighted by EdgeProp.my, the letter stated that MoF has agreed to extend the stamp duty exemption on Instrument ... Read More
SITE PROGRESS: The Sky @ Tripark (May 2021)
About The Sky @ Tripark This project is part of Sunrise Manner's Tripark development scheme next to Taman Seri Sejahtera, just a stone’s throw away from Hillpark Residences. It is only less than 5 minutes drive to AEON Mall and Tesco hypermarket. It comprisesse 3 residential towers with full condominium facilities, offering 560 residential ... Read More
Kerjaya Prospek Property to buy land for serviced apartments
Kerjaya Prospek Property (KPP) plans to acquire land to build serviced apartments. Major shareholder of the company Datuk Tee Eng Ho (pictured) told The Edge Malaysia that the purchase will involve “a few plots of land: two in the Klang Valley and one in the northern region”. “The land will ... Read More
RM20mil upgrading works for Penang ferry terminals to begin soon
A new era of the Penang ferry service will start soon with a RM20mil upgrading works of the Raja Tun Uda ferry terminal on Penang island and Sultan Abdul Halim ferry terminal in Butterworth that will begin in June. Penang Port Sdn Bhd (PPSB) chief executive officer Datuk Sasedharan Vasudevan ... Read More
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- Affordable Housing (Penang Island)
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