According to some property developers in the state, compliance cost has gone as high as RM460 psf but this has been reduced to RM390 psf earlier this year. Nevertheless, developers lament that the cost is still too high. Will compliance cost be reduced further? Chow admits that the Real Estate ... Read More

The Housing and Local Government Ministry is working with Bank Negara Malaysia (BNM) to ease housing loan requirements for home buyers, in a bid to reduce the number of unsold completed residential units in the country. Minister Zuraida Kamaruddin said the central bank is preparing guidelines to allow for the ... Read More

The Penang government intends to apply to the federal government to upgrade the Seberang Perai Municipal Council (MPSP) to a city council. Penang Chief Minister Chow Kon Yeow said the state government had earlier wanted to apply for MPSP to be upgraded together with the Penang Municipal Council (MPPP) as ... Read More

You are cordially invited to S P Setia's Hari Raya open house and the opening of the new Setia Sky Vista Sales Suites @ Lebuh Relau, Penang. Catch Alvin Chong & Nik Qistina's LIVE performance! For event inquiries, please call S P Setia at 04-6412255 / 010-393 8804. Date/Time 7 July ... Read More

You are cordially invited to Mont Residence's Family Day at Tanjung Tokong on 8 July, enjoy fun activities while experiencing the unique offering by this lifestyle condominium. RSVP to entitle for FREE GIFT (while stock last) Please Call: 016-458 8080 / 017-332 8382 RSVP here to receive your FREE GIFT ... Read More

Two month ago, the Penang Island City Council (MPPP) announced that it has given the approval to developer Tropical Island Resort Sdn Bhd to demolish existing building structures on a 80 acres site on Pulau Jerejak to make way for redevelopment of the islet off the eastern coast of Penang ... Read More

by Anders Ong Buying a house was always one of the biggest commitment or decision a person will made in their life, unless they are filthy rich. It is also the biggest and maybe the scariest for some as it could be tied up to 35 years to a person ... Read More

Newly appointed Penang Chief Minister (CM) Chow Kon Yeow is not an unfamiliar face in the state. When Lim Guan Eng who is now the country’s Finance Minister, was the CM, Chow had held the Local Government, Traffic Management and Flood Mitigation portfolio for two terms. He is now chairman of the ... Read More

The state government will ensure that development in each district is enjoyed by the people, said Chief Minister Chow Kon Yeow. Chow said for that purpose, he suggested that a special master plan for each district be developed especially the southwest district. According to him, the state government does not ... Read More

Penang government is planning to re-introduce the Rent-to-Own (RTO) scheme to assist the low income group to own houses in the state. Chief Minister Chow Kon Yeow said the matter has been raised in the first state executive council's meeting recently and three housing projects have been identified as "suitable" ... Read More