Penang to allow dine-in at all restaurants from May 18
Penangites will be able to dine in at all eateries in the state from Monday (May 18). Chief Minister Chow Kon Yeow (pic) confirmed this during his press conference via Facebook on Friday (May 15). "This was decided at the state exco meeting on Wednesday (May 13). "We have decided ... Read More
The Light City project to resume in August
IJM Land Bhd will restart work on the stalled RM4.5bil The Light City project, which is located next to the Penang Bridge, in August. IJM Perennial Development Sdn Bhd general manager Tan Hun Beng said the construction work was supposed to start in April. IJM Perennial is a joint-venture company ... Read More
Penang allows food premises to provide dine-ins in stages
The Penang Security Special Commitee (JKKN) has allowed food and beverage outlets to provide dine-ins in stages. Chief Minister Chow Kon Yeow said the first phase would start on May 15 (Friday). “The Penang JKKN only allows food outlets located in the hotel, supermarket and fast food franchise to provide ... Read More
Affordable housing at Island Glades to proceed as planned in Q4
Ideal United Bintang International Bhd (IUBIB) will develop RM828.6mil worth of property for the 1Malaysia People’s Housing or PR1MA programme in the fourth quarter. Dubbed Penang’s “Property King”, group executive chairman Tan Sri Ooi Kee Liang told StarBiz that the project is located in the sought-after neighbourhood of Island Glades ... Read More
Penang reopened under PGRS (Penang Gradual Recovery Strategy)
Penangites heaved a sigh of relief as the state partially reopened its doors with its own adaptation of the conditional movement control order (MCO) called Gradual Recovery Strategy. Nearly all retail outlets, including department stores and malls, were allowed to reopen under the strategy Friday, but there were differing rules ... Read More
Penang announces RM76mil aid package and assessment taxes rebate
The Penang government has launched its second economic stimulus package of RM76 million to assist the people during these challenging times in view of the Covid-19 pandemic. Chief Minister Chow Kon Yeow said the stimulus package is an addition to the RM75 million aid package that was announced previously, making ... Read More
BNM cuts OPR by 50bps to 2%
Bank Negara Malaysia (BNM) today reduced the Overnight Policy Rate (OPR) by 50 basis points (bps) to 2.00%. “The ceiling and floor rates of the corridor of the OPR are correspondingly reduced to 2.25% and 1.75%, respectively,“ BNM said in a statement today. The OPR has been reduced by a ... Read More
Property demand in Penang still strong despite economy
The demand for property in Penang remains robust despite the economic downturn brought on by the Covid-19 pandemic and the movement control order (MCO) enforced to curb its spread. International Read Estate Federation (FIABCI) president Michael Geh Thuan Peng said he is still receiving enquiries about property under the Malaysia ... Read More
Zero active Covid-19 cases in Penang
There are no more active Covid-19 cases recorded in Penang. The last two cases were reportedly discharged as of 12 noon today, according to statistics from State Health Department. This is the first time Penang recorded zero cases while at the same time having zero patients admitted for Covid-19. Today ... Read More
Penang says no to the reopening economy tomorrow
The movement control order (MCO) in Penang will remain intact tomorrow, with the conditional movement control order (CMCO) to be enforced from May 8 onwards, Penang Chief Minister Chow Kon Yeow announced today. The Penang lawmaker said Penang will not enforce CMCO tomorrow as announced by the federal government, but ... Read More
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Latest Projects
TODAY'S MOST READ
RECENT COMMENTS
- @Kelly It's very common nowadays with these type of defects, too fast to built leads...MajorArches on Havana Beach Residences
- @Kelly I would suggest Twin in perak road & The Zen. Both are very anticipated...Perak Lane on Havana Beach Residences
- when will be the ground breaking? ...Penangite on Penang LRT Mutiara Line to include park-and-ride facilities for better connectivity
- @Kelly sorry to hear this. wish that I could have shared better project with you...LL on Havana Beach Residences
- Just got the key 2 days ago. Poor workmanship. Lots of leakage. Doubt how come...Kelly on Havana Beach Residences
- @Perak lane Actually not that bad. But if compare to Twin in perak road actually...Perak Lane on The Cube
- @Ryu If perak lane is that bad. Why are you even here in this post...Perak lane on The Cube
- Buying property in perak lane must have motor license becuz there will be no parking...LOL on The Cube
- @Minion Sitting on balcony top of Muze overlooking airplane on it. Meanwhile invest in Zen...Ryu on Queens Residences Q3
- This is the best condo at South of Penang. The condo comes with full facilities...Billionaire on Muze @ PICC
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Latest Property News
OTHER DEVELOPMENTS
- Affordable Housing (Penang Island)
- Butterworth Arena
- Columbia Asia Medical Centre
- Eco-Tourism Hub @ Batu Kawan
- Escape Penang – Eco Theme Park
- GBS @ The Waterfront
- GBS by The Sea
- Gurney Wharf
- IKEA Batu Kawan
- Island Medical CIty
- Kobay Jelutong
- Lin Xiang Xiong Art Gallery
- Linear Waterfront
- Mitsui Outlet Park @ PIA
- One Auto Hub @ Batu Kawan
- Penang Arts District
- Penang Eastern Seafront Development
- Penang Medical & Digital Technology Hub
- Penang Premium Outlets (Design Village)
- Penang Sentral
- Penang South Islands
- Penang Transport Master Plan
- Penang Waterfront Convention Centre
- Penang World City
- PIA Expansion
- Silicon Island
- Teluk Bahang Wellness Resort
- The Ship Campus (ALC College)
- The Top @ Komtar
- Wellness City of Dreams