The Malaysian property market is expected to remain weak in the first half of this year amid flagging demand ahead of the upcoming general election, an independent property consultant said. Knight Frank Malaysia, a unit of London-based Knight Frank LLP, said the property market is expected to continue its lacklustre ... Read More

Plans to build a flyover to reduce traffic flowing from Jalan Ayer Itam towards Jalan Thean Tek in Penang are in the pipeline, said state Local Government Committee chairman Chow Kon Yeow. He added that details of the plan would be announced later. “The flyover would probably be somewhere near ... Read More

Lifestyle luxury developer Eastern & Oriental Bhd (E&O) will remain focused on completing the reclamation of Seri Tanjung Pinang Phase 2 (STP2) in Penang by the second half of this year. According to managing director Kok Tuck Cheong, land titles for areas reclaimed above two metres chart datum (CD) have ... Read More

There was a festive mood in the air as visitors and clients gathered at the open house hosted by Paramount Utropolis Sales Gallery at Design Village Penang. They were treated to a scrumptious spread of dishes as well as local delights such as nyonya kuih, laksa, fried rice, tropical fruits and ... Read More

Wishing you a Happy and Prosperous Chinese New Year! It has been a tradition for family and friends to visit open house during this festive season. However, it is always a challenge to know who are organizing the open house event especially when it's from developers. Worry no more! We ... Read More

There has not been much improvement in Malaysia’s housing affordability despite a slow and challenging property market with little growth in transactional activity from the downtrend that was seen since 2013, according to real estate consultancy firm Rahim & Co International Sdn Bhd. Executive chairman Tan Sri Abdul Rahim Abdul ... Read More

Construction of a seven-storey car park for the Penang International Airport is scheduled to start next month. Penang Federal Action Council chairman Datuk Seri Zainal Abidin Osman said the RM90mil project is expected to complete next year. “The airport will undergo a RM700mil upgrading works, which will be carried out ... Read More

Celebrate this prosperous Chinese New Year with Runnymede Group at Batu Uban, Penang and enjoy Ang Pow up to RM38,888, Special Rebate Package and stand a chance to win Lucky Draw Prizes worth RM19,888 when you purchase a Vilaris Courtyard Homes or Triuni Residences resort condo! Partake in the Photo ... Read More

The construction of one of the roads in the Penang government’s three paired roads project, which is part of the controversial RM6.3 billion undersea tunnel project, is expected to be delayed. State Public Works, Utilities and Public Transportation Committee chairman Lim Hock Seng blamed the possible delay due to an ... Read More

by Miichael Yeoh The recent announcement by Bank Negara Malaysia (BNM) sees the increase of Overnight Policy Rate (OPR) by 25 basis points from 3.00% to 3.25%. “With the economy firmly on a steady growth path, BNM said the Monetary Policy Committee (MPC) decided to normalise the degree of monetary ... Read More