Interest rates on housing loans offered by some banks will likely be adjusted lower in the coming weeks in tandem with the 25 basis points (bps) cut in the overnight policy rate (OPR). Analysts said while banks in Malaysia were expected to revise their base rates (BR), which are the ... Read More

Pearl Saujana, the new addition to Pearl City township development by Tambun Indah. Located next to Raintree Park II, with easy access to choices of learning institutions, supermarkets, shops, and other facilities. It is about 10 minutes drive to the North-South Highway, Penang Science Park and the Penang Second Link, just a short mere ... Read More

Gravitas, an upcoming 21.3-acre mixed development project by UDA Land in Prai, Penang. It strategically located along Jalan Baru, immediately opposite Mydin Hypermarket. The master plan of this development comprises a mix of retail centre, food and beverage outlets, podiums, activity centres, business hotels and serviced apartments. The first of ... Read More

An address that speaks for itself, Luminari which brings the meaning of lighting lamp is positioned to become an iconic landmark that brightens up a prospective future for Harbour Place, Penang. Strategically located close to eminent landmarks such as Butterworth Ferry Terminal and well connected to major access routes namely ... Read More

Crescent Dew, a luxury gated and guarded development by UDA Land in Bertam. It is strategically located along Jalan Bertam, adjacent to Sunshine Bertam Shopping Mall. The development will offers 260 landed properties including 2-storey and 3-storey semi-detached houses, 2-storey bungalows and three types of 3-storey bungalows. Built-ups range from ... Read More

Orange BM, a commercial development by by Tah Wah Group at Bukit Mertajam. It is strategically located along Jalan Song Ban Kheng, adjacent to Taman Bukit Kecil. This development will features a 28-storey commercial tower with 216 units of business suites. This is just the first phase of Tah Wah ... Read More

Concern over rising rent in the George Town Heritage Zone has prompted the Penang government to consider reimposing rent controls like the repealed Rent Control Act 1966. Chief Minister said this was to ensure the Unesco recognised site was not adversely affected by gentrification. He was quick to add his ... Read More

A newly proposed mixed commercial development by TPS Properties Sdn. Bhd. at Bukit Minyak. It is strategically located along Jalan Bukit Minyak, about 1km away from AEON Big hypermarket. The proposed development to be completed in two phases, featuring a mix of 2 & 3 storey shop offices and a serviced ... Read More

Homestays, once popular in rural areas, have now become big businesses in towns and cities nationwide. Thousands of homeowners have discovered how to make money with their properties and avoid paying taxes. They have joined global home-sharing marketplaces, and just like how Uber has made life for government-regulated taxi drivers ... Read More

The Penang government has agreed in principle that the 20% surcharge for affordable housing units sold in the northeast district will be reduced to 10%. State Housing, Town and Country Planning Committee chairman Jagdeep Singh Deo told International Real Estate Federation (FIABCI) Penang branch members that this was to invigorate ... Read More