The Penang government is unperturbed by the latest announcement from the Federal Government to only consider the expansion and upgrading of the Penang International Airport (PIA) after the National Airports Strategic Plan (NASP) study has been finalised. Chief Minister Chow Kon Yeow said the Penang government was still interested in ... Read More

Effective from 28 July 2020, RPGT exemption will be given to Malaysians for the disposal of residential homes before Dec 31 next year ... Read More

Harnessing its natural assets, the Seberang Perai City Council (MBSP) has created a tranquil green space by the sea called Robina Eco Park which it hopes will stimulate domestic tourism. Better known as Taman Rekreasi Pantai Robina, the MBSP has spent RM1,464,000 to upgrade and reinvigorate the area fronting the Penang ... Read More

Spanning across a generous piece of prime land in Relau, Iconic Skies is a freehold residential enclave that consists of prestigious villas and 2 luxury condominiums that are linked by a stunning sky bridge. Standing 37-storeys and 35-storeys high, the Iconic Skies condominiums offer spectacular panoramic views over the picturesque ... Read More

The proposed Real Property Gains Tax (RPGT) exemption for Malaysian property owners has caused confusion among those intending to sell their property as the new rates have yet to be gazetted. National House Buyers Association (HBA) honorary secretary-general Datuk Chang Kim Loong said because of this, property sellers were not able ... Read More

A small landed residential development proposed by SY Ong Architect at Bagan Jermal in Butterworth. Located along Jalan Melur, this development is only a mere minutes drive to Econsave and Tesco Bagan Ajam. It is surrounded by an abundance of amenities with easy access via Jalan Raja Uda. While it ... Read More

Fronting the scenic waterfront of Persiaran Bayan Indah near Queensbay Mall, with sparkling azure seas and sandy beaches as your neighbour, life here will a wonderful microcosm of endless choices. Within the development’s twin 24-storey towers are 1,235 units; available units sized between 1,219 sq ft to 2,013 sq ft, ... Read More

The Government through the National Economic Recovery Plan (Penjana) 2020 has lined up several initiatives to rejuvenate the property market and address the lack of affordable housing particularly for the youth. According to the Ministry of Housing and Local Government, the initiatives included home ownership campaign (HOC) 2020 whereby housing ... Read More

Penang has again topped the list of approved manufacturing foreign direct investments (FDI) for the first quarter of this year (1Q2020). The state recorded a promising RM6.8 billion in approved manufacturing FDI for the period of January to March this year. Last year (the entire year), Penang took pole position in ... Read More

The outlook of the property sector remains challenging for the next one year with most developers still assessing the economic situation and deliberating whether to continue or defer future launches. AmResearch said this in a report to clients adding that it believed that consumer sentiment remains weak for the time ... Read More