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BNM likely to maintain OPR at 1.75%

HSBC Global Research expects Bank Negara Malaysia (BNM) to keep the Overnight Policy Rate at 1.75% at its third Monetary Policy Committee meeting on Thursday. In a research note yesterday, its chief economist for ASEAN, Joseph Incalcaterra, said despite downside risks to BNM’s economic growth forecast, there was a high ... Read More
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SITE PROGRESS: The Stone (May 2021)

About The Stone An affordable housing development by PLB Land in Paya Terubong, Penang. It is located immediately opposite Majestic Heights, only 1km away from EcoTerrace condominium by EcoWorld. Featuring 1,000 units of affordable houses, with a standard built-up size of 1,000 sq.ft. Find out more about The Stone Register your interest here ... Read More
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Proposal on affordable homes for B40 submitted to government – Vincent Tan

The Better Malaysia Foundation (BMF) submitted its proposal to the government earlier this month on affordable homes for low-income earners in Malaysia, namely those from the B40 group. BMF founder Tan Sri Vincent Tan told a press conference here today that the government was studying the proposal. “(The proposal) was ... Read More
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UPCOMING: Bukit Gambier / Suria Damansara Sdn. Bhd.

A newly proposed luxury residential development by Suria Damansara Sdn. Bhd. at Bukit Gambier. Strategically located on part of a 7-acre land off Jalan Bukit Gambier, next to the long-awaited Nadayu 290 Serviced Suites project which was made known in 2012. It is just a stone's throw away from University Science Malaysia ... Read More
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SITE PROGRESS: Urban Suites topping up ceremony on 28 Apr

About Urban Suites A commercial property development by Aspen Vintage Sdn. Bhd. (Cosmopolitan Homes) in the established township of Jelutong.  It is easily accessible via Tun Dr Lim Chong Eu Expressway and surrounded by abundance of amenities. Urban Suites comprises two 42- storey towers, featuring 596 units of commercial suites. Find out more about Urban Suites Register your ... Read More
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PDC to focus on “Urban Redevelopment Plan”

The CEO of Penang Development Corporation (PDC), Datuk Mohd Bakit, said that the PDC will focus on the "Urban Redevelopment Plan" in the future, through land re-planning and redevelopment plans, to bring more benefits to Penang and attract investors. He shared in detail about the land development plan for Penang ... Read More
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Penang to build RM3.49m green food court

A food court that was razed by a fire last year will be rebuilt into a RM3.49 million disabled-friendly food court. State traffic and infrastructure committee chairman Zairil Khir Johari said the structure will be the first green building index (GBI) certified public food court in Penang. He said it ... Read More
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SITE PROGRESS: Setia Fontaines (Apr 2021)

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 Butterworth. It features two residential collections, offering park homes of single and double-storey terrace, cluster, semi-detached and bungalow houses. Lush greenery and ... Read More
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UPCOMING: Bukit Mertajam / Airmas Group

A newly proposed landed residential development by General Supreme Sdn. Bhd. (a subsidiary of Airmas Group) at Bukit Mertajam. Strategically located along Jalan Betek, diagonally opposite Harmoni Residensi gated and guarded scheme. It is conveniently connected to Jalan Song Ban Kheng and Jalan Sungai Rambai, just a mere minutes' drive ... Read More
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Al-Itqan Education Centre to be built by Ideal Property under affordable housing project compliance policy

The Al-Itqan Education Centre in Teluk Kumbar near here is scheduled for completion in 2023 and will begin its intake in the same year, said Penang Chief Minister Chow Kon Yeow. He said the education centre, comprising four blocks of five-storey buildings, would be built on a three-acre (1.2ha) site ... Read More