China-based developers have been roped in to offer rent-to-own affordable homes that are built using Industrialised Building System (IBS), says Zuraida Kamaruddin. The Housing and Local Government Minister said Malaysia had last month inked deals with eight China-based companies to invest in Malaysia, transfer pre-fabrication construction technology, and offer rent-to-own ... Read More

Mah Sing Group Berhad (Mah Sing) held a topping up ceremony for Phase 1 of its Ferringhi Residence 2@Batu Ferringhi, Penang today. The ceremony symbolises the completion of the structure of the development’s Tower B building. In attendance during the event were Mah Sing’s Chief Operating Officer, Everlyn Khaw, senior ... Read More

* Article by Freemind Works * Recently, it was reported in freemalaysiatoday.com that home loan rejection rate is as high as 70%. Well … applying for a loan can be a frightening task that will require a lot of your time and you need to figure out what documents to submit ... Read More

Praicon Tower, a high-rise commercial development by Praicon Corporation Sdn. Bhd. at Butterworth, Penang. It is strategically located along the ever-bustling Jalan Chain Ferry, just a stone's throw away from the Harbour Place integrated development scheme by OSK Property. Convent Secondary School and Econsave Hypermarket are within mere minutes walking distance. This development comprises ... Read More

Malaysia is the most property obsessed country in the Southeast Asia and ranked at fourth place globally after the United Arab Emirates, the United States and Taiwan, according to HSBC Malaysia. “Malaysians spend longer time viewing property than they do keeping fit at the gym, reading books, or reading and ... Read More

The fifth instalment of the Property Insight Prestigious Developer Award (PIPDA) 2019, was held on the evening of 3rd May at Shangri-La Hotel. The awards serve as a benchmark for local property developers to strive for, and as a celebratory occasion to recognise the accomplishments in the property sector leading ... Read More

Bank Negara Malaysia (BNM) decided to cut the Overnight Policy Rate (OPR) by 25 basis points to 3% from 3.25% at its Monetary Policy Committee (MPC) today amid weak economic outlook. This is the first cut since July 2016. “The ceiling and floor rates of the corridor for the OPR ... Read More

The federal government may enlarge the Penang International Airport (PIA) to accommodate a maximum of 20 million passengers instead of the initial 12 million proposed. Finance Minister Lim Guan Eng said the original proposal was to increase the capacity from 6.5 million to 12 million passengers, but added that this ... Read More

A newly proposed residential development by Focal Products Sdn. Bhd. at Air Itam, Penang. Located at the intersection of Jalan Teochew Satu and Jalan Thean Teik, next to Hui Aun Apartment. It is only 1km away from Sunshine Farlim. The proposed development consists of two 30-storey residential blocks, offering 601 condominium units with 6-level ... Read More

The proposed Penang undersea tunnel project will continue and is in its final stage of feasibility study, says Chief Minister Chow Kon Yeow. He said the state government's technical consultant, HSSI Sdn Bhd, has reviewed the study prepared by Consortium Zenith Construction Sdn Bhd (CZC). “The review on the draft ... Read More