Penang’s property market remains active
Penang has once again proved to be a ‘strategic place’ for property transactional activities following an increase of demand in the residential units in Q3 compared to Q2 last year. State Housing, Local Government, Town and Country Planning Committee chairman Jagdeep Singh Deo said he was glad with the remarkable result ... Read More
SITE PROGRESS: The Se7en @ Juru (Feb 2021)
About The Se7en @ Juru A commercial development by Prospek Setia Sdn. Bhd. at Bukit Tengah. It is a small development strategically located along the busy road of Jalan Kebun Nenas, next to Juru Sentral development near Icon City. Just a stone’s throw away from Juru Auto-City. It features 13 units ... Read More
New PPR projects to be known as ‘Rumah Malaysia’
The People’s Housing Project (PPR) which commences this year will be known as ‘Rumah Malaysia’, as part of policy reform carried out by the Housing and Local Government Ministry. Minister Datuk Zuraida Kamaruddin said the built-up area of ‘Rumah Malaysia’ would be no less than 900 sq feet compared to ... Read More
Developers must pay compensation for delayed projects before Covid-19
The exemption for the extension of time (EOT) as stipulated in the Covid-19 Act (Act 829) involving the Housing Development (Control and Licensing) Act 1966 is only applicable for housing projects that were supposed to be completed between March and December last year. Housing and Local Government Minister Datuk Zuraida Kamaruddin said for ... Read More
Be Part Of Penang’s Next Prime Address
The Eastern & Oriental (E&O) name is synonymous with creating placemaking addresses that stand the test of time. The E&O portfolio today, spanning hospitality through to luxury living, is headlined by Penang’s globally renowned Eastern & Oriental Hotel and spans four main growth engines in Kuala Lumpur, Penang, Johor’s Iskandar ... Read More
Esplanade seawall project progressing fast
The new seawall project at Esplanade under the North Seafront Masterplan of George Town is making good progress together with an extended and much-improved public promenade between Dewan Sri Pinang and Fort Cornwallis. State Local Government, Housing, Town and Country Planning Committee chairman Jagdeep Singh Deo, who visited the construction site ... Read More
Bank Negara to cut 25bps in OPR in March
Bank Negara Malaysia is expected to announce a 25 basis points cut to the Overnight Policy Rate (OPR), taking it to 1.50 per cent in the next Monetary Policy Committee Meeting on Match 4. HSBC Global Research Asean chief economist Joseph Incalcaterra said the government may continue to reallocate expenditure ... Read More
SITE PROGRESS: Straits City (Feb 2021)
About Straits City A proposed 40-acres waterfront masterplanned development by STC Property Management Services Sdn. Bhd. in Butterworth. Strategically located along Jalan Bagan Luar, adjacent to Taman Selat. It is only a mere minutes drive to Penang Sentral, under 15 minutes to Penang Bridge. Find out more about Straits City * Register your interest here ... Read More
MCO extended in Penang and 3 other states until 4 March, 10km travel limit lifted
The movement control order will be extended in Kuala Lumpur, Selangor, Johor, and Penang from Feb 19 until March 4, says Datuk Ismail Sabri Yaakob. The 10km radius travel limit within the same district has been lifted for all states, regardless of whether the states are under the movement control ... Read More
KPKT to consider applications for moving in and out within strata scheme during MCO
The Ministry of Housing and Local Government (KPKT) has agreed to give consideration for the special approval of moving in and out within the strata scheme during the Movement Control Order (MCO) period. The KPKT, in a statement yesterday, said the application for special approval, however, only applied to those ... Read More
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- @LL Mind to share them here? I am assuming u are making comparison with property...Floyd on Twin Star
- I know a few properties in Penang which have the pros listed above but not...LL on Twin Star
- @Floyd The cons for the cube is major either you accept it or leave it....Millionaire on Twin Star
- @Floyd This is reasonable & all just a minor cons if developer can do a...Millionaire on Twin Star
- Bravo to this proposal. It is high time this proposal is enforced. There are also...Xulih on Penang to trial 2-hour parking limit in congested areas
- @kang walk-in developer office ...Kent on The Cube
- As for Twinstar vs The Cube debate. The cube Pro: 1) This project is more...Floyd on Twin Star
- As for Twinstar vs The Cube debate. Twinstar Pro: 1) Twinstar is more strategically located...Floyd on Twin Star
- Any owner can give feedback on The Sun built quality. The unit, lift, common area...Kin on The Sun @ Sungai Nibong
- @honda learning the best practise of Asia green ...LL on Mezzo @ The Light City
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