The controversial Penang South Reclamation (PSR) project involving the creation of three new islands in the south of Penang island is set to begin as early as March. Penang deputy chief minister Ahmad Zakiyuddin Abdul Rahman said the project will be executed in phases beginning with the reclamation of island ... Read More

The Penang Development Corporation (PDC) conducted a virtual ceremony for the first time on the handover of keys to five house buyers of Jiran Residensi affordable project today. PDC chief executive officer Datuk Mohd Bazid Abd Kahar presented the keys to the invited five buyers in the symbolic ceremony held at ... Read More

The Seberang Perai City Council (MBSP) is currently drafting a post Covid-19 economic development plan, emphasising the importance of digital development and circular economy. Its mayor Datuk Rozali Mohamud said the plan would concentrate on solving the current local issues. “It includes effort to improve the people’s quality of life, implement ... Read More

In spite of the Covid-19 pandemic and a partial lockdown reintroduced from Jan 13, the outlook of the property sector will remain largely stable for the first half of 2021, according to Raine & Horne International Zaki + Partners Sdn Bhd senior partner Michael Geh. Geh believes that the ‘transactional ... Read More

About The Stone An affordable housing development by PLB Land in Paya Terubong, Penang. It is located immediately opposite Majestic Heights, only 1km away from EcoTerrace condominium by EcoWorld. Featuring 1,000 units of affordable houses. (Photo source: Facebook) Find out more about The Stone Register your interest here ... Read More

A law to stop landowners from evicting tenants or raising rentals indiscriminately will be tabled next year, says housing and local government minister Zuraida Kamaruddin. She said the Residential Tenancy Act, which will also seek to protect the rights of landowners, is expected to be tabled in Parliament in the ... Read More

Penang’s Butterworth port will be turned into a free trade zone (FTZ) from Feb 1, federal port regulators Penang Port Commission (PPC) announced today. PPC chairman Tan Teik Cheng said finance minister Tengku Zafrul Aziz had consented to gazette the North Butterworth Container Terminal as a FTZ. Tan said this ... Read More

Managers of condominium or apartment buildings have the power to require residents to undergo Covid-19 testing, senior minister for security Ismail Sabri Yaakob said yesterday. In response to a question about such a requirement at several condominium buildings recently, he said: “Yes, this is to protect the health of the ... Read More

About Queens Residences Luxury waterfront development by Ideal Property Group at Bayan Bay with gross development value (GDV) of RM600mil. This development is located in front of BayStar Condominium, just stone’s throw away from Queensbay Mall. Find out more about Queens Residences Register your interest here to keep yourself updated with ... Read More

The number of overhang properties is expected to remain high in 2021 based on income level, locations and prices, according to Rahim & Co International Sdn Bhd. Its research director Sulaiman Saheh referred to Rahim & Co's Property Market Review 2020/2021 which showed that three states, Johor, Selangor and Kuala ... Read More