Bank Negara is expected to keep the Overnight Policy Rate (OPR) unchanged at 3.25% in light of the risks and uncertainties surrounding the global economy. Bank Negara’s Monetary Policy Committee (MPC), which is meeting for the sixth and last time for this year, will decide on the OPR today. Of ... Read More

After the successful sales of Pegasus Residence, Pegasus Homes Sdn. Bhd. is launching phase two of their residential development, known as Pegasus Garden CityHone. This development is adjacent to Taman Kerjasama in Bukit Tengah, Penang. This is a gated and guarded development, comprising 88 unit of 3-storey 1+1 townhouse.  Upper ... Read More

by Ken Lim Recently I met up with a friend who is a retiree, owning a semi-detached home in the vibrant neighbourhood of Island Glades. His house could easily fetched more than two million ringgit in today's secondary market. His daughter now is contemplating to purchase a new property while ... Read More

The Penang government is considering a freeze of new development projects in Sungai Relau and Sungai Ara area until a detailed study on storm water management is carried out. This comes on the heels of flash floods hitting many parts of Bayan Baru and Relau here on Wednesday, the worst ... Read More

Two common questions on the local property market... Will house prices ever come down? Is it better to buy now before GST? While speakers at the 24th National Real Estate Convention, comprising an economist and a few property consultants, try to provide some form of answers, new questions have cropped ... Read More

The oldest and strongest emotion of mankind is fear’. – H.P. Lovecraft MUCH has been written recently on the mushrooming of gated and guarded (G&G) developments in Malaysia. Many of these developments have been the result of the steadily deteriorating state of security in our communities with regular reports of ... Read More

Aster @ Taman Pantai Indah, a residential development by Chong Company Sdn. Bhd. at Sungai Nibong. Comprises 14 units of 3-storey linked houses with built-up area from 4,100 sq.ft. onwards. Each house comes with 5 + 1 bedrooms and 5 bathrooms, internal courtyard, private back garden and optional private lift ... Read More

A new link road connecting Jalan Jelutong to the Tun Dr Lim Chong Eu Expressway in Penang will be open from midnight today. The 800m road, which is an extension of Jalan Tan Sri Teh Ewe Lim, will connect the Jalan Tan Sri Teh Ewe Lim, Jalan Perak and Jalan ... Read More

HBA is happy that more affordable homes are to be built under Budget 2015 and DIBS ban stays. The National House Buyers Association (HBA) wishes to thank the Prime Minister for the measures announced in Budget 2015 to build more affordable homes for the rakyat. HBA is grateful that the ... Read More

Taman Tasek Harmoni, a mixed development by Loyal Greenworld Sdn. Bhd. along Jalan Tasek in Simpang Ampat, Penang. It is adjacent to Pearl City by Tambun Indah, just a short drive away from Simpang Ampat town center. The residential phase of this development comprises 73 units of 2-storey terrace and ... Read More