News & Articles

Errant Penang developers may face up to RM250,000 in fines
Developers and consulting engineers found not complying with the requirements of the Erosion and Sediment Control Plan (ESCP) may be given compound notices of up to RM250,000 from Sept 1. Public Works, Utilities and Flood Mitigation Committee chairman Zairil Khir Johari said the stiffer punishment followed the gazetting of amendments ... Read More

Make it black and white when renting out your property
The National House Buyers Association (HBA) reminded landlords to be wary of the activities that will be carried out in their premises before renting out their units, reported The Star. HBA honorary secretary-general Datuk Chang Kim Loong stressed that landlords should protect themselves by requesting tenants to sign a written ... Read More

Workers’ quarters project in Juru cancelled
The proposed workers’ quarters project in Juru that was awarded by the Penang Development Corporation (PDC) to Westlite Dormitory (Penang-Juru) Sdn Bhd has been aborted. Replying to a question by a journalist, Chief Minister Chow Kon Yeow said that the project was called off after the company met with strong ... Read More

UDA to build over 3,000 housing units in Tanjung Tokong
UDA Holdings Bhd aims to build another 3,568 housing units (of the mixed development type) in the Tanjung Tokong area here to provide opportunities for those who want to own a home in the area. Entrepreneur Development and Cooperatives Minister Datuk Seri Wan Junaidi Tuanku Jaafar said currently 4,455 units ... Read More

The Ship Campus expected to open in 2021
The Ship Campus, which is the first ever campus in Penang to be located inside an industrial park, is expected to be fully operational by early next year. Once operational, it will be home to Peninsula College, the education arm of PKT Logistics Group Sdn Bhd, and can accommodate up ... Read More

Seberang Perai is the future of Penang
With a more organized and complete road network, Seberang Perai has the potential to be a growth area and is the future for the state of Penang, said the Chief Minister, Y.A.B. Mr. Chow Kon Yeow. He said that the administration he led since 2018 focused on balanced development between the ... Read More

KPKT drawing up Residential Tenancy Act to control house prices
The Ministry of Housing and Local Government is drawing up the policy for the Residential Tenancies Act to control the price of houses in the country, said its minister Zuraida Kamaruddin (pictured). She said this would take into account the interests of the landlord and the tenant, as well as ensure ... Read More

Penang CM: PTMP is on track!
The proposed projects under the Penang Transport Master Plan (PTMP) are on track, Chief Minister Chow Kon Yeow said yesterday. “I have committed to the people of Penang that whenever there is a new milestone achieved, I will meet the press to make the announcement. “The people have been informed ... Read More

Temporary freeze of Malaysia My Second Home (MM2H) programme
The Malaysia My Second Home (MM2H) programme is temporarily frozen to enable the Ministry of Tourism, Arts and Culture (MOTAC) to comprehensively restudy and reevaluate it. According to a statement from the ministry today, the move is also in line with the government’s decision of still not allowing the entry ... Read More

Mortgage Outlook 2020/21
Covid-19 has wreaked havoc in people’s lives throughout the world. In Malaysia, the response to COVID-19 was swift. Bank Negara Malaysia (BNM) announced a loan moratorium of 6 months from 1st April to 30th September 2020. This gave everyone and all businesses with borrowings a breathing space. What may happen ... Read More
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