Standard Chartered Bank (StanChart) expects Bank Negara Malaysia (BNM) to cut the overnight policy rate (OPR) by another 25 basis points (bps) in the upcoming Monetary Policy Committee (MPC) meeting scheduled on Nov 3. It would be the last MPC meeting for this year. StanChart said in a note yesterday ... Read More

Strategically located at the southern coast of Penang Island, Dua Residensi is a project under Penang Affordable Housing Scheme (RMM) providing quality housing at an affordable price for Penangites. It is located at Teluk Kumbar which is just a 10 minutes’ drive from Penang International Airport and about 15 minutes from the Second Penang ... Read More

Seven possible spots to build a cable car station in Penang were proposed during the Penang Hill Special Area Plan (SAP) (Substitution) public hearing. The possible locations include Teluk Bahang, Balik Pulau, Penang Rifle Club’s site outside Penang Botanic Gardens, City Park, Penang Turf Club, near Penang Hill Railway’s lower ... Read More

Taman Kalidonia Indah, an affordable housing (Type A) development by EcoWorld in partnership with Penang State Government. It is located on a 15.1 acres land along Jalan Sungai Daun near Kalidonia Farm, about 2km away from Nibong Tebal KTM station. The project will feature 272 low-cost housing units, to be built ... Read More

Penang's housing sector is set to undergo a new chapter when the Penang Housing Board Enactment 2010 which was passed in the State Legislative Assembly back then, comes into effect on Jan 1 next year. State Local, Government Housing, Town and Country Planning Commitee chairman Jagdeep Singh Deo expressed his gratitude ... Read More

A resident in Block B of Woodsbury Suites at Butterworthth was diagnosed with COVID-19 yesterday. The apartment management issued a notice today confirming the matter. The apartment also followed the instructions of the Ministry of Health to implement epidemic prevention measures, including using disinfectant to disinfect public areas in the apartment and ... Read More

Introducing the very 1st landed 2-storey affordable home with freehold title in Penang by Scientex Tasek Gelugor. It spreads over a 179.7 acres prime freehold land offering a total of 2,332 units of double storey terrace houses with affordable price as well as designed for the modern lifestyles with functional ... Read More

The Penang Island City Council through a Request for Proposal (RFP) on Thursday to develop public housing, affordable housing, and civil servants’ dormitory projects near Jalan Shaik Madar. The Mayor of Penang Island City Hall, Datuk Yew Tung Seang, pointed out when questioned on Thursday that the district has been facing ... Read More

Kerjaya Prospek Group Bhd has bagged an RM64 million contract to build a sewerage plant for the Seri Tanjung Pinang (Phase 2A) development (STP2) in Penang. This is the group’s fifth contract in STP2, which is developed by Tanjung Pinang Development Sdn Bhd, an indirect subsidiary of Eastern & Oriental ... Read More

A newly proposed strata residential development by Diversified Enterprises Sdn. Bhd. at Ara Kuda in Northern Seberang Perai. Located on a 14.1 acres land adjacent to Taman Ara Kuda, only several steps away from the Penang-Kedah state border. It only takes less than 10 minutes to drive to Kulim Hi-tech ... Read More