The construction works of a section of the Bukit Kukus paired road project are expected to be completed on Oct 23 this year. Penang Transport and Infrastructure Committee chairman Zairil Khir Johari said the project was initially scheduled to be completed on May 26 this year but was delayed due to ... Read More

A total of 38,149 affordable housing units have been built for Penangites. Penang Local Government, Housing, Town and Country Planning Committee chairman Jagdeep Singh Deo said the affordable homes include those of Type A (low-cost), Type B (low medium-cost) and Type C (below RM300,000). “Another 18,519 units are in various ... Read More

The government is looking to extend the Home Ownership Campaign (HOC) until the end of this year, says Housing and Local Government Minister Datuk Zuraida Kamaruddin. She informed that she had requested Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz to allow the extension. “However, the MoF (Ministry of ... Read More

Scientex Bhd plans to build more affordable homes in Penang, following the overwhelming response for the company's maiden Penang township in Tasek Gelugor. Its chief executive officer Lim Peng Jin said the first phase of Scientex Tasek Gelugor, launched in October 2020 has recorded a take-up rate of more than ... Read More

Ferringhi Residence 2 Property Showcase is happening this month! It's your opportunity to own one of the best seaview condo in Penang. Date: 1 – 30 April 2021 Time: 10am – 10pm Venue: TESCO Tanjung Tokong (in front of Watson) For more information, please contact Mah Sing Group at 04-291 3109 ... Read More

Penang Chief Minister Chow Kon Yeow has stressed the importance of obtaining more industrial land to spur investments in the state. “Penang drew in RM16.9 billion of total approved manufacturing investments in 2019, and RM14.1 billion last year. “We attracted over RM30 billion of total approved manufacturing investments in just ... Read More

About Vertu Resort Condominium First resort-inspired high-rise development by Aspen Group at Batu Kawan, with a gross development value (GDV) of RM620mil. This is the second phase (and the first residential development) in Aspen Vision City. Find out more about Vertu Resort Condominium. Register your interest here and we will keep ... Read More

by Datuk Chan Kim Loong A strata title is one of the title structures of ownership and control over property. It is usually applied to subdivided buildings or complexes such as high-rise buildings, town houses, duplexes, flats, apartments, condominiums and commercial buildings. This form of title gives individuals ownership over ... Read More

Although many developers perceived the first half of the year as unfavourable, their views have slightly changed for the better for the second half, according to Real Estate & Housing Developers' Association (Rehda) Malaysia. The somewhat renewed interest in the property industry stems predominantly from the declining daily Covid-19 numbers ... Read More

The number of unsold properties has seen a respite amid the government’s Home Ownership Campaign (HOC) except for the commercial market, which remains worrisome amid the new norms, Bank Negara Malaysia (BNM) Governor Datuk Nor Shamsiah Mohd Yunus said. “The amount of unsold properties is still very high. It is ... Read More