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Penang announces RM76mil aid package and assessment taxes rebate
The Penang government has launched its second economic stimulus package of RM76 million to assist the people during these challenging times in view of the Covid-19 pandemic. Chief Minister Chow Kon Yeow said the stimulus package is an addition to the RM75 million aid package that was announced previously, making ... Read More
BNM cuts OPR by 50bps to 2%
Bank Negara Malaysia (BNM) today reduced the Overnight Policy Rate (OPR) by 50 basis points (bps) to 2.00%. “The ceiling and floor rates of the corridor of the OPR are correspondingly reduced to 2.25% and 1.75%, respectively,“ BNM said in a statement today. The OPR has been reduced by a ... Read More
UPCOMING: Sungai Pinang / Uniacres Development Sdn. Bhd.
An upcoming small landed residential development by Uniacres Development Sdn. Bhd. at Balik Pulau. This is also known as the second phase of Symphony Swiss housing scheme which was completed in 2012, surrounded by amenities such as school, wet market, banks and hospital. It is just a stone's throw away ... Read More
Property demand in Penang still strong despite economy
The demand for property in Penang remains robust despite the economic downturn brought on by the Covid-19 pandemic and the movement control order (MCO) enforced to curb its spread. International Read Estate Federation (FIABCI) president Michael Geh Thuan Peng said he is still receiving enquiries about property under the Malaysia ... Read More
Zero active Covid-19 cases in Penang
There are no more active Covid-19 cases recorded in Penang. The last two cases were reportedly discharged as of 12 noon today, according to statistics from State Health Department. This is the first time Penang recorded zero cases while at the same time having zero patients admitted for Covid-19. Today ... Read More
Penang says no to the reopening economy tomorrow
The movement control order (MCO) in Penang will remain intact tomorrow, with the conditional movement control order (CMCO) to be enforced from May 8 onwards, Penang Chief Minister Chow Kon Yeow announced today. The Penang lawmaker said Penang will not enforce CMCO tomorrow as announced by the federal government, but ... Read More
UPCOMING: Perai / Grand Eastern Realty & Development SB
A proposed commercial development by Grand Eastern Realty & Development Sdn. Bhd. within Perai Free Industrial Zone. The project site is located along Jalan Nagasari, neighboring with several industrial factories. Juru Auto City and North-South Expressway are only five minutes' drive away. This development will feature 16 units of road ... Read More
Not all business activities can resume ops starting May 4
Almost all economic sectors and business activities will be allowed to resume business, subject to conditions and standard operating procedure, starting May 4, announces the Prime Minister. Tan Sri Muhyiddin Yassin said the decision is made following advice from the Health Ministry and after lengthy discussions during the Economic Action ... Read More
Property market to remain resilient
The Malaysian property market is expected to remain resilient despite the economic headwinds this year due to COVID-19, with affordable housing and finding the right solutions to the property overhang continuing to be the main agenda of the government. Valuation and Property Services Department Malaysia (JPPH) in a statement today ... Read More
Plenitude Bhd shutdown two hotels in Penang
Plenitude Bhd is closing the operations of three hotels, namely Mercure Penang Beach and The Gurney Resort Hotel and Residences, both in Penang, and Travelodge Ipoh, Perak with immediate effect, and downsizing operations in the other hotels owned by it. This decision is a direct result of the Covid-19 pandemic ... Read More
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- Nothing wrong with rubber tires. They were used in many metro systems in the world....Koh SK on Penang LRT construction to start in December
- @Dennis agree. Some of them quite a joker here. Psychology talked won't be working in...Ryu on Penang’s high-end property prices surge amid strong demand and infrastructure boost
- Rubber tyred type? ...Helmi on Penang LRT construction to start in December
- Absolutely nonsense. That's so many unsold unit & yet developer sales personal trying to boost...Dennis on Penang’s high-end property prices surge amid strong demand and infrastructure boost
- Finally, a pipe dream coming true! Just hope that the project is successfully executed as...I❤LRT on Penang LRT construction to start in December
- Need PIA expansion to start soon too. Earlier announcement said to start in September 2024....Penangite on Penang LRT construction to start in December
- LRT or no LRT does not matter, no sane person is going to take LRT...Oh nice on Penang’s high-end property prices surge amid strong demand and infrastructure boost
- @I❤LRT As of now, rush hour traffic along main road of Tanjung Tokong is really...rocky on Penang’s high-end property prices surge amid strong demand and infrastructure boost
- @millionaire Talk based on data. Check the Google review of Queens vs AG review. No...Ryu on Penang’s high-end property prices surge amid strong demand and infrastructure boost
- simply say to boost sales~~ ...penang siao kia on Penang’s high-end property prices surge amid strong demand and infrastructure boost
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- Affordable Housing (Penang Island)
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