BACKGROUND First Home Deposit Scheme (MyDeposit) is a special product that was introduced by the Government to help the middle income group to own their dream home. The government has announced the allocation of $ 200 million as a contribution to the deposit for the purchase of a first home ... Read More

Eco World Development Group Bhd, driven by a vision to ‘create tomorrow and beyond’, is gradually transforming Penang’s skyline with unique projects. Its Eco Terraces is taking shape in Paya Terubong on the island, so too are Eco Meadows and Eco Bloom in Bukit Tambun on the mainland. Towards the ... Read More

The highway master plan outlines strategic traffic bypasses to cater for the rising number of vehicles on the road, particularly with foreseeable major developments taking place over the next decades and to provide long-term relief from congestion. For Penang Island, the plan includes construction of highways and roads of: Pan ... Read More

The unveiling of the new Penang LRT Mutiara Line alignment marks a significant milestone in Penang's transportation infrastructure. Spanning 28 kilometers with 22 stations featuring overhead tracks, the line promises seamless connectivity. Notably, it will offer direct access to the Penang International Airport and link with the Electric Train Service ... Read More

Public transport master plan outlines an integrated transit network with appropriate long ­term capacity to increase public transport adoption in Penang. The public transport strategy is designed to work in concert with concurrent upgrades in the road and highway network as well as others to achieve holistic improvement and higher efficiency ... Read More

* UPDATE: Design Village grand opening - 23 November 2016 @ 6PM * Design Village Penang – the northern state’s first premium outlet mall – aims to open by this November in time for the school holidays, said its general manager Tay Ai Leen. This is slightly earlier than its previous ... Read More

Penang Transport Master Plan, also known as PTMP, is a comprehensive plan formed by the Penang state government to improve transportation within the entire State of Penang. The plan is expected to cost RM27 billion (US$6.65 billion), envisages more alternative transportation modes to combat worsening traffic congestion across the state, ... Read More

* Article by Freemind Works * The year 2015 has seen significant highlights in the property market. The year started with the implementation of GST in April 2015. The predictions of frenzy buying before and after the GST did not come true. Majority of investors, instead, took a wait and ... Read More

Bayan Lepas LRT, the very first LRT line in Penang, will be about 30 km in length with 27 stations running from KOMTAR to the future reclaimed islands in the south. Besides passing through must-go-points at KOMTAR, Bayan Lepas FIZ and the Penang International Airport, the line will also serve established ... Read More

Prime Minister Datuk Seri Najib Razak Thursday announced the implementation of the First Home Financing Scheme (MyDeposit) as tabled in the 2016 Budget. He said the scheme was implemented to help the middle 40 per cent income bracket (M40) with household incomes of between RM3,000 and RM10,000. "(This scheme involves) ... Read More