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Property overhang to remain high in 2021

The number of overhang properties is expected to remain high in 2021 based on income level, locations and prices, according to Rahim & Co International Sdn Bhd. Its research director Sulaiman Saheh referred to Rahim & Co's Property Market Review 2020/2021 which showed that three states, Johor, Selangor and Kuala ... Read More

VIRTUAL TOUR: Beverly Heights Bungalows @ Bukit Gambir

An Epitome of Prestige & Privacy Close to nature and embraced by pristine forest with the numerous hiking trails of Bukit Gambir and yet a whisper away from the hustle and bustle of city life, Beverly Heights offers a refreshing and perfect sanctuary with an exclusive contemporary lifestyle and unsurpassed ... Read More

Penang South Reclamation project set to take off

The proposed Penang South Reclamation (PSR) is set to get going with the state expecting formal approval for the environment management plan (EMP) once the movement control order is over. State Works Committee chairman Zairil Khir Johari said the Project Delivery Partner (PDP), SRS Consortium, had complied with all conditions ... Read More

Hotel Equatorial Penang to close down by 31 March?

Equatorial Hotel will be closing the operation in Penang effective 31 March 2021. According to a letter addressed to all employees of Hotel Equatorial Penang and signed by the General Manager, the decision is a direct result of the Covid-19 pandemic which had impacted the hotel's businesses. The official last ... Read More

Casa Perdana

Case Perdana, a residential development by JSC Land Development Sdn. Bhd. near Taman Perdana in Simpang Ampat. Located on a 6.2 arces land along Jalan Perdana, easily accessible from Butterworth - Ipoh federal road. It is just a stone's throw away from Simpang Ampat Small Medium Industrial Park, about 10 minutes drive ... Read More

Possible full shutdown after Feb 4 if Covid-19 cases keep rising

According to a report published by MalayMail, Putrajaya is set to announce a total economic shutdown after February 4, should the number of Covid-19 cases in the nation continue to not show any improvement. UPDATE: Eurocham Malaysia denies govt mulling full lockdown after Feb 4, urges public to play their ... Read More

Retirement villages to be built on PR1MA’s land

Retirement villages will be developed on land belonging to Perbadanan PR1MA Malaysia (PR1MA), said Housing and Local Government Minister Zuraida Kamaruddin. She said PR1MA would come up with the model concept and collaborate with strategic partners to develop several retirement villages on its land. She explained that PR1MA was currently ... Read More

sanctuary-village-site-progress-jan20203

SITE PROGRESS: Sanctuary Village (Jan 2021)

About Sanctuary Village The 7th phase of residential development at Permatang Sanctuary by IJM in Alma, Bukit Mertajam. Strategically located within an established neighbourhood, about 15-minute drive from Juru Auto-City and Penang Second Bridge. It is only a short drive to an abundance of amenities namely AEON Mall, Tesco Hypermarket, eateries, schools and banks. Featuring a mix ... Read More

Affordable housing @ Penang International Exchange

The upcoming Penang International Exchange mixed development project at Bayan Baru may include affordable housing components. According to the latest proposal submitted by Magna Rezeki Sdn. Bhd., the mixed development project located on the empty land next to Giant Hypermarket in Bayan Baru will consist of a 50-storey affordable condominium together with a 28-storey commercial building. The ... Read More

Jade Marvel terminates JVA for development of housing project in Penang

Jade Marvel Group Bhd said the group and JSC Land Sdn Bhd have mutually agreed to terminate their joint venture agreement (JVA) to develop a project in mainland Penang. Jade Marvel, through its unit Great Marvel Sdn Bhd (GMSB), will instead complete the development on its own, the group said ... Read More