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Not all business activities can resume ops starting May 4
Almost all economic sectors and business activities will be allowed to resume business, subject to conditions and standard operating procedure, starting May 4, announces the Prime Minister. Tan Sri Muhyiddin Yassin said the decision is made following advice from the Health Ministry and after lengthy discussions during the Economic Action ... Read More
Property market to remain resilient
The Malaysian property market is expected to remain resilient despite the economic headwinds this year due to COVID-19, with affordable housing and finding the right solutions to the property overhang continuing to be the main agenda of the government. Valuation and Property Services Department Malaysia (JPPH) in a statement today ... Read More
Plenitude Bhd shutdown two hotels in Penang
Plenitude Bhd is closing the operations of three hotels, namely Mercure Penang Beach and The Gurney Resort Hotel and Residences, both in Penang, and Travelodge Ipoh, Perak with immediate effect, and downsizing operations in the other hotels owned by it. This decision is a direct result of the Covid-19 pandemic ... Read More
Vezzara Residence
Vezzara Residence, a medium-cost condominium by JKP Sdn. Bhd. at Permatang Pauh in Central Seberang Perai. It is located along Jalan Permatang Pauh, right opposite UiTM Penang Campus. This development is centrally located between Seberang Jaya and Bukit Mertajam, about 1km away from Residendi Permatang Pauh affordable housing scheme. Amenities ... Read More
COVID-19: Penang hotels closing amidst pandemic outbreak
More hotels in Penang are expected to cease operations soon in the aftermath of the Covid-19 global pandemic. After Jazz Hotel announced yesterday that it is shutting its doors, NST has learnt that two more major hospitality establishments here will follow suit. The two businesses are Penaga Hotel and Jerejak ... Read More
Experts urge developers to switch focus to landed properties
Malaysian developers should switch their focus to landed properties in respect of the peoples’ wishes to have a better quality of life, said experts. Impetus Alliance chief executive officer and managing director Datuk Seri Michael Yam said affordable landed properties would be a better investment choice for Malaysians. “The Covid-19 ... Read More
Penang to spur property sector and ensure sufficient supply of affordable homes
The Penang government will come out with an action plan to ensure that the low-income earners will still have access to affordable homes post Covid-19. State Local Government, Housing, Town and Country Planning Committee chairman Jagdeep Singh said it was undeniable that the property sector would face tough times ahead. “We ... Read More
Penang electrical and electronic shops, laundrettes to open for business starting today
Penang has decided to allow electrical and electronic shops, along with full-service laundry shops in the state to reopen from tomorrow onwards, Penang Chief Minister Chow Kon Yeow announced today. He said these sectors have applied and obtained approval from the Ministry of International Trade and Industry (Miti) to reopen ... Read More
Covid-19 crisis forces Penang to review PSP & Penang 2030 vision
The Penang government will review the Penang Structure Plan (PSP) 2030 and Penang 2030 vision as it grapples with fallout from the Covid-19 pandemic. State Local Government, Housing Development and Town and Country Planning Committee chairman Jagdeep Singh Deo said that both documents are crucial to map out the future ... Read More
UPCOMING: Balik Pulau / Desacity Development
A proposed small residential development by Desacity Development Sdn. Bhd. at Balik Pulau. Located along Jalan Pondok Upih, it is only a stone's throw from Balik Pulau town centre. This development is only a 10 minutes drive to Prince of Wales Island International School, about 20 minutes drive from Penang International ... Read More
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