The Malaysian state of Penang is fast becoming an IoT-Enabled Smart City modeled on the tenets of green living, strong ESG principles and sustainable economic momentum. Soon, it could be one of Southeast Asia’s hottest investment destinations. Central to that transformation is Penang South Islands (PSI). The three-island development will ... Read More

According to Oriental Daily, a real estate agency operated during FMCO was reported by the public, and the company was fined RM10,000 for breaching movement control order. It is understood that the police received reports from the public that a real estate company in an office building at Gurney Drive was ... Read More

The pandemic is certainly changing the way we live, work and play. The sluggish property market sentiment may have resulted in many holding off buying a house but statistics proved that these home seekers have never stopped scouting for their dream home. Here are the 10 most viewed housing projects in Penang, ... Read More

Six private hospitals in Penang will dole out Covid-19 vaccines with an additional four vaccination centres (PPVs) to be opened alongside in the near future. Chief minister Chow Kon Yeow said this would help the state achieve herd immunity by October. He said the private hospitals involved would be Lam ... Read More

Bank Negara Malaysia (BNM) yesterday reiterated that all loan borrowers who have suffered a drop in income, including salary, allowances, commissions and household incomes, are eligible for a reduction of monthly instalments according to the reduced income. In a series of tweets detailing the eligibility for reduction of monthly instalments, the ... Read More

Entopia by Penang Butterfly Farm has gone into ‘hibernation’. The management of corporation has decided that going into ‘hibernation’ was the best route to take during the ongoing Covid-19 pandemic. “We regret that the tourism and travel industry is being hit hard by the Covid-19 pandemic since the very beginning ... Read More

The enhanced movement control order will be enforced in 13 localities around Pekan Bayan Lepas in Penang beginning June 4 after a spike in the number of Covid-19 cases. The affected areas are Sri Bayu, Bayu Tiara, Bayu Nyaman, Halaman Murni, Bayan Permai, Bayan Tiara, Taman Ara Indah, Kampung Bukit, ... Read More

The state-level Home Ownership Campaign (HOC), which has been extended to June this year, may be extended by another year. State Housing, Local Government, Town and Country Planning Committee chairman Jagdeep Singh Deo said he would be appealing to the state government to consider extending the campaign again due to ... Read More

By the Penang Infrastructure Corporation Time and again we have been allaying misconceptions regarding Penang South Islands (PSI). Penang and its people will gain from the tangible returns and social capital from PSI that will be disproportionately high to the investment in the form of innumerable benefits. Penang stands to gain ... Read More

The Ministry of Finance (MoF) has agreed to extend the residential home stamp duty exemption scheme under the Home Ownership Campaign (HOC) for six months to Dec 31, 2021. In a document sighted by EdgeProp.my, the letter stated that MoF has agreed to extend the stamp duty exemption on Instrument ... Read More