Bank Negara Malaysia (BNM) has maintained the Overnight Policy Rate (OPR) at 2.75%, following its latest Monetary Policy Committee (MPC) meeting held today. The central bank said the current monetary policy stance remains appropriate and supportive of sustainable economic growth amid stable price conditions. BNM noted that global growth continues ... Read More

Penang has taken another major step toward sustainable urban resilience with the launch of a RM24.7 million road upgrading project around Lebuh Pantai, Pesara King Edward, Pengkalan Weld, and Gat Lebuh Chulia — one of the key initiatives under the Nature-Based Climate Adaptation Programme for the Urban Areas of Penang ... Read More

Getting to The Light Waterfront Penang just got easier. IJM Land Berhad, the developer behind the iconic waterfront development, has officially opened a new flyover that improves access and helps ease traffic heading towards George Town. The one-way flyover gives motorists direct entry into The Light Waterfront, reducing congestion and improving ... Read More

What began as a compassionate idea to support the homeless in George Town has evolved into one of Penang’s most celebrated community projects. The transit centre at Jalan C.Y. Choy, better known as The Night Shelter, has earned both local and international recognition for its thoughtful design that blends heritage ... Read More

Penang is stepping up efforts to make homeownership more accessible for everyone through its Rumah MutiaraKu (RMKu) programme — part of the state’s ongoing “Housing for All” agenda under the Penang 2030 Vision to improve liveability and quality of life. State Housing and Environment Committee chairman Datuk Seri S. Sundarajoo ... Read More

Penang has introduced stricter sustainability requirements for new commercial and industrial buildings, marking a major step in its transition towards cleaner energy. Under the new guideline, at least 75% of a building’s roof area must be installed with solar panels, or the building must meet renewable energy sourcing targets according ... Read More

Malaysia’s path towards sustainable urban growth took centre stage as PropertyGuru Malaysia and iProperty Malaysia convened more than 121 developers and 350 delegates at the FutureBuilt Summit 2025. In collaboration with Green Building Index, GreenRE, and People Systems Consultancy, the one-day summit brought together developers, policymakers, financiers, engineers, and sustainability ... Read More

The Ministry of Housing and Local Government (KPKT) is taking serious steps to tackle one of Malaysia’s long-standing housing issues — abandoned private projects. On November 20, the ministry will be announcing five new reforms aimed at completely wiping out such projects by 2030. Housing Minister Nga Kor Ming said ... Read More

The ICW & BuildXpo 2025, comprising the 27th International Construction Week (ICW) and the third edition of Malaysia’s International Building and Construction Industry Showcase (BuildXpo), held its official opening ceremony opened yesterday at the Malaysia International Trade and Exhibition Centre (MITEC). ICW & BuildXpo 2025 signals Malaysia’s leadership role in shaping ... Read More

Every great journey begins with a single step — and for Metrio Group, that step has just gone skyward. The developer recently celebrated the groundbreaking of Forescape @ Metrioplace, its first-ever high-rise development, marking a bold new milestone in the fast-growing Batu Kawan and Bukit Tambun corridor. Poised within the ... Read More