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Property market confidence returning by 2022
Residential properties are expected to remain subdued this year until the health crisis is brought under control, according to Knight Frank Malaysia’s first half real estate highlights. In a statement, managing director Sarkunan Subramaniam said the residential market would continue to self-correct amid challenges brought on by the Covid-19 pandemic ... Read More

SITE PROGRESS: Nusacinta @ Setia Fontaines (July 2021)
About Nusacinta @ Setia Fontaines The second residential component to be launched in the 1,675-acre Setia Fontaines master-planned township development by SP Setia. This will be the first gated residential precinct located next to the 63-acre man-made lake with a musical fountain. It comprises a total of 294 landed residential units, offering a few types of landed houses ... Read More

J-We Industrial Park
J-We Industrial Park, a freehold light industrial property development at Juru by Asiawe Land Sdn. Bhd. Located on 6 acres of land within the vicinity of Seri Juru Industrial Park, just a mere minutes drive away from Juru Heights housing scheme. It is surrounded by hundreds of SME factories and ... Read More

SITE PROGRESS: Amansara South @ Setia Fontaines (July 2021)
About Amansara South @ Setia Fontaines The first residential component in Setia Fontaines master-planned township development by SP Setia. Located in Bertam, it comprises a total of 394 landed residential units, offering a few types of single and double storey terrace houses. Indicative price starts from RM330,000 onwards. Find out more about Amansara ... Read More

Sunny Ville Condo will be allocated RM376,200 for maintenance work under TPM80PP
The state government, through its Penang Maximum 80% Maintenance Fund (TPM80PP), has approved the application for lift replacement work at the Sunny Ville condominium in Batu Uban. According to Jagdeep, the TPM80PP fund also caters to the eligible private housing schemes. “Since the condominium does not fall under the low-cost or ... Read More

Malaysia Airports to fund PIA expansion once agreement gets govt’s approval
Malaysia Airports Holdings Berhad (MAHB) is working with its consultant to define the scope of work for the expansion of the Penang International Airport (PIA). The scope of work will include elements and considerations for airports, such as 4.0 automation, optimisation of aircraft parking bays, carpark facilities and integration as a ... Read More

Pay your assessment tax by Aug 31 to win top cash prizes
The Seberang Perai City Council (MBSP) has urged the ratepayers to pay their second assessment tax this year and arrears in order to win five cash prizes. Its mayor Datuk Rozali Mohamud said the owners of the premises could have the chance to grab the cash prizes at stake totalling RM19,888 ... Read More

Penang launches Covid-19 vaccination registration for construction workers
The Covid-19 vaccination centre (PPV) for the Construction Industry Vaccination Programme (CIVac) in the northern region will be in Penang, state exco Zairil Khir Johari said today. He said registration for CIVac in the northern region is now open for all workers in the construction sector but it will be ... Read More

Is the new 6-month loan moratorium suitable for everyone?
We can finally start applying for the six-month loan relief programme from banks which allows them to start making full payments again only in 2022. But what do you need to know before deciding whether to take up the option? If you are struggling with finances right now or expect ... Read More

UPCOMING: George Town / Summit Methods Sdn. Bhd.
A newly proposed serviced residential development by Summit Methods Sdn. Bhd. in heart of George Town. Strategically located on a 0.82-acre land along Jalan Anson, adjacent to Penang Government Building that houses several government agencies which includes National Registration Department. Surrounding amenities and businesses within walking distance include Auto Bavaria, ... Read More
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