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Bank Negara MPC cuts OPR by 25bp to 2.75%

Bank Negara Malaysia's Monetary Policy Committee (MPC) reduced the Overnight Policy Rate (OPR) by 25 basis points to 2.75% -- the lowest since 2011. The reduction in the OPR surprised economists who expected the MPC to retain the OPR at 3%. After the statement was announced at 3pm, shares of ... Read More

PR1MA and Ideal to jointly affordable housing at Gelugor

Ideal United Bintang International Bhd's wholly-owned subsidiary Ideal Capital Venture Sdn Bhd had today signed a head of terms with PR1MA Corp Malaysia to jointly develop RM828.6 million worth of properties at Penang's Bandar Gelugor. In a statement to Bursa Malaysia today, Ideal United said Ideal Capital and PR1MA plans ... Read More

SITE PROGRESS: Forest Ville (Jan 2020)

About Forest Ville A twin towers freehold project by Ideal Property Group in Bayan Lepas, Penang. Located on an 11-acre land, the two towers were part of One Foresta affordable housing scheme located along Lengkok Kelicap. It comprises 991 condominium units with size ranging from 1,000 sq.ft. to 1,050 sq.ft. Schools, financial ... Read More

Ushering a Prosperous Chinese New Year with Property Queen

Mark your calendars on the 27th January – 2nd February 2020 for the one and only Property Queen Chinese New Year Property Fair 2020 at Queensbay Mall, Gurney Plaza and Sunway Carnival Mall. Now is the right time to shop for the best property in Penang! Don’t miss this golden ... Read More

5-blocks-foreign-workers-hostel-artist-impression

5 blocks of foreign workers’ hostel to be built at Bukit Minyak

The Penang Development Corporation (PDC) today announced that it would be leasing a piece of 2ha land in Bukit Minyak near Bukit Mertajam to a company to build a foreign workers’ hostel. Penang Chief Minister Chow Kon Yeow said the RM250 million hostel would primarily cater to the booming Batu ... Read More

The 2020 Aspenormous by Aspen Group

The Aspenormous Awesomeness is back, giving you more ONG-NESS than ever for your brand new home! Let’s enter the decade with the Biggest Giveaway Ever with DISCOUNT up to 20% plus REBATE of RM20,000! Find out more about ASPENORMOUS 2020 ... Read More

Grace Harmony affordable project breaks ground today

Penang will continue to ensure there is an adequate supply of affordable homes. This assurance was given by state Local Government, Housing, Town and Country Planning Committee chairman Jagdeep Singh during the ground-breaking ceremony of the ‘Grace Harmony’ housing project this morning. He also stated that the state government would keep ... Read More

SITE PROGRESS: Woodsland Park (Jan 2020)

About Woodsland Park A freehold affordable housing development by PTL Properties Sdn. Bhd. near Jalan Betek in Bukit Mertajam. It is strategically located next to Taman Sungai Rambai, just a stone’s throw away from SJK(C) Keow Kuang Primary School. Amenities such as schools, markets, banks, shopping malls, and eateries are only ... Read More

SITE PROGRESS: M Vista @ Southbay (Jan 2020)

About M Vista @ Southbay A low density residential development by Mah Sing Group, part of the company’s Southbay township development at Batu Maung. It is located just a stone’s throw away from Free Trade Zone, less than 5 minutes drive to Penang Second Bridge. This development features 237 residential units ... Read More

Marminton Homes

Marminton Homes, a residential development by Sungguh Gemilang Sdn. Bhd. (a wholly owned subsidiary of Atta Global Group) at Butterworth, Penang. Strategically located along the ever-bustling Jalan Raja Uda, Adjacent to the Elements Garden by Oriental Max Group. It is about 15 minutes drive from Penang Bridge. This development comprises a ... Read More