SRS Consortium, the project delivery partner (PDP) for the Penang Transport Master Plan (PTMP), is in the process of improving the structure of its financial model in view of the economic uncertainties brought about by the Covid-19 pandemic. State Transport and Infrastructure Committee chairman Zairil Khir Johari said SRS Consortium ... Read More

Penang State Government hopes that the affordable housing (RMM) completed by the Penang Development Corporation (PDC) can further improve the quality of life of the people in this state. Chief Minister, YB Tuan Chow Kon Yeow said this during the key handover ceremony event for the Dua Residensi project at Teluk Kumbar this ... Read More

The implementation of urban redevelopment or urban regeneration for ‘old’ and high-risk residential buildings is aimed at creating sustainable and habitable development. Penang Local Government, Housing Town and Country Planning Committee chairman Jagdeep Singh Deo said, this urban redevelopment initiative has been widely implemented in developed countries including some countries in ... Read More

Goodwood Residence, a mixed development by Definite Harmony Development Sdn. Bhd. (a subsidiary of WHH Land) at Bayan Lepas, Penang. Strategically located along Jalan Tun Dr. Awang, next to The Clovers condominium by Asia Green Group. It is less than 2km away from Penang International Airport, about 15 minutes' drive to Second ... Read More

The Penang State Government is now setting a new target to provide 220,000 units of affordable housing by 2030. Penang Local Government, Housing Town and Country Planning Committee chairman Jagdeep Singh Deo said, previously the State Government set a target to provide 180,000 units of affordable housing as part of  vision Penang 2030 ... Read More

The Federal Court today ruled that management corporation bodies of residential strata buildings, through their own house rules, can prohibit short-term rental of residential units in their buildings. A three-member bench, chaired by Chief Justice Tengku Maimun Tuan Mat, said even if the state authority permitted the use of the ... Read More

UEM Sunrise Bhd, one of the largest property developers in Malaysia, has received a letter from its shareholder proposing a merger with peer Eco World Development Group Bhd, the company said on Monday. Its major shareholder UEM Group, in a letter on Friday asked for UEM Sunrise and Eco World ... Read More

Sungai Pinang residents and those staying around the Karpal Singh Drive have additional joy when the ground-breaking ceremony of a three-acre neighbourhood park was launched at Lebuh Sungai Pinang 7 as part of a green project by the state today. Chief Minister Chow Kon Yeow, who planted a Malayana sapling ... Read More

The unreleased Bumiputera lots contribute to about 40% to 50% of the country’s overhang numbers, according to Real Estate & Housing Developers’ Association (Rehda) Malaysia president Datuk Soam Heng Choon. Many completed houses in certain states were unsold because the state governments do not want to release the Bumiputera lots ... Read More

The second phase of The Light Waterfront project, The Light City held its groundbreaking ceremony, officiated by the Mr. Ong Teng Cheng, Managing Director of IJM Construction Sdn Bhd, and Dato' Toh Chin Leong, Senior General Manager (Northern Region) of IJM Land Berhad and Director of IJM Perennial Development Sdn ... Read More