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Bank Negara likely to cut OPR in 2015, says UBS
Bank Negara Malaysia is likely to cut its overnight policy rate (OPR) by 25 basis points in 2015, as the fall in the oil prices would cushion the pressure on inflation, according to UBS. The central bank last increased its OPR in July 2014 to 3.25%, after keeping it at ... Read More
Federal agencies agree to toe Penang’s line
Federal development agencies JKP Sdn Bhd and the Penang Regional Development Authority (Perda) have agreed to comply with state requirements on their projects in Penang. Federal Action Council chairman Datuk Zainal Abidin Osman said JKP and Perda will be amending their development plans to comply with what the state government ... Read More
Think City launches RM30m grant for nationwide urban renewal programmes
If you live in Kuala Lumpur, George Town or Butterworth and have ideas to make your city a better place to live, you can tap Think City for its new RM30 million public grant for urban renewal. Fresh off a successful run of pumping RM17.5 million in grants to inject ... Read More
After four-year wait, Penang Island to finally get city status
Penang Island will soon be declared a city, the state government confirmed today, after announcing Putrajaya’s approval of its status application made back in January 2010. State local government and traffic management committee chairman Chow Kon Yeow said the Cabinet finally approved the upgrade at a meeting last month. He ... Read More
Petition for lower tariff
Joint management bodies (JMB) of high-rise buildings in four states and the Federal Territory want a special tariff for electricity to be introduced. They are asking the Energy, Green Technology and Water Ministry to intervene in the matter. Tanjong MP Ng Wei Aik said the JMBs and other management corporations ... Read More
Step up, buyers urged
Work to revitalise the abandoned Majestic Heights Phase 2A project in Paya Terubong, Penang, can go ahead only with the cooperation of at least 220 owners. Chief Minister Lim Guan Eng said that so far, 127 unit owners had signed the agreement to execute the commencement of the project. “We ... Read More
Garden City
Garden City, an upcoming mixed development by Temasek Land Sdn. Bhd. (formerly undertaken by Woolley Development) in Raja Uda, Butterworth. Strategically located along Jalan Raja Uda, adjacent to Woolley Avenue shop offices. It is about 10 minutes drive to Penang Sentral, under 15 minutes to Penang Bridge. This development comprises ... Read More
Landed properties within Penang island? Hard to go wrong
by Charles Tan Anyone favouring a landed property within the Penang island? With this question, I can see majority putting up their hands but a few would then ask, which part of Penang island? If it’s Greenlane, I can see 10 / 10. If it’s in Sungai Ara, suddenly, half ... Read More
Penang nine months investments hit RM6b, surpassing all of 2013
Total investments in Penang hit RM6 billion between January and September this year, outpacing RM3.9 billion for all of 2013. Chief Minister Lim Guan Eng, who announced the data at a press conference, said Penang also ranked third among all states for the highest amount of investments. “Last year, Penang ... Read More
Is Your Home Loan Rejected? It Could Be Due To These Reasons
You’ve found your dream home and are already imagining yourself serving dinner in a top-of-the-range kitchen. However, before you start picking your wall colour, consider the possibility of your home loan not being approved. Today’s home loan application and approval process can be tedious, with so many possibilities of issues ... Read More
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- Such back planning and infrastructure at Batu Kawan only open tender in year 2024. Worst...MajorArches on Tender for Batu Kawan Public Market to open soon
- @walter Correct. Those are MM2H expats hotspot traditionally in north. I don't see much of...Life is wonderful on Lumina Residence
- @Life is wonderful "Why is The Light unpopular for expats?". You should maybe ask that...walter on Lumina Residence
- @chookimhock Thanks! You're late. Not 3 years after but 3 years before. I have 5...HenQi on The Cube
- @chookimhock I already millionaire & billionaire of hair. Good investment. The appreciation is high because...Ryu on The Cube
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- Any more info? ...Alissa on Pinang Perdana
- Penthouse sure no laku. ...Alvin on Orange Vista
- Mezzo is over priced. Not sure the area is flooded. Never heard from friends staying...Puzzled on Lumina Residence
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