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News & Articles

penang-mid-term

Strengthen MM2H programme to ease property glut

The Malaysian Institute of Professional Estate Agents and Consultants (MIPEAC) is of the view that encouraging more foreigners to take up the MM2H (Malaysia My Second Home) programme and to invest in Malaysian properties could help ease the glut in the property sector. In a statement today, MIPEAC said it ... Read More
Mont Residence-offer

Mont Residence – Limited units available with attractive ownership package!

Mont Residence, a 38-storey lifestyle condominium located on 5.15 acres freehold land in Tanjung Tokong. Featuring 473 condominium units with four well-designed and practical layouts. The project is now completed with limited units left. Call VST Group at 016-459 8080 or 017-332 8382 now to find out more about the attractive ownership package! KEY FEATURES: ... Read More
fr2-banner

Ferringhi Residence 2 named the Five Star Best Residential Development

Mah Sing Group Berhad’s Ferringhi Residence 2 project in Penang has received recognition for its excellence. It was named the Five Star Best Residential Development for Malaysia at the Asia Pacific Property Awards 2019-2020. This impressive achievement is a testimony to Mah Sing’s continuous commitment in delivering a well-planned sustainable ... Read More
Penang-LRT-approved

Transport Ministry approved Bayan Lepas LRT project

The Transport Ministry has approved Penang's Bayan Lepas light rail transit (LRT) project, says Anthony Loke. In a statement Tuesday (July 17) the Transport Minister said approval was given after detailed study of the Penang Economic Planning Unit's (BPEN) application to develop the Bayan Lepas LRT project. However, the state ... Read More
ptptn

Is allowing blacklisted PTPTN borrowers to apply for loans a good thing?

By Dr. Paul Selva Raj The Ministry of Housing and Local Government has announced that backlisted National Higher Education Fund Corporation (PTPTN) borrowers who are listed on the Central Credit Reference Information System (CCRIS) will not be blacklisted if they apply to buy a home. Is this measure good for ... Read More
psr-phase2

Penang South Reclamation 2nd phase has started

Work on the next phase of the Penang South Reclamation (PSR) project has started following approval from the Department of Environment (DoE) early this month. Chief Minister Chow Kon Yeow (pic), however, did not elaborate on the works being carried out by project delivery partner SRS Consortium. “The agreement was ... Read More
Eco Terraces Condominium

EcoWorld begins handover of wellness-themed Eco Terraces

Eco World Development Group Bhd (EcoWorld) has started to hand over the completed units at its Eco Terraces condominium project on Penang Island. Sitting on a 12.79-acre freehold site, Eco Terraces is a condominium that houses 333 units within a 33-storey building at Jalan Paya Terubong, Paya Terubong. Residents get ... Read More
ideal-jv-balik-pulau

Ideal Property Group ventured into 88-acre integrated development in Balik Pulau

Ideal United Bintang International Berhad (IUBIB) had on July 9, 2019 submitted to Bursa Malaysia, announcing the acquisition by IUBIB of the 100% equity interest in Ideal Greencity Sdn. Bhd. (‘Ideal Greencity”). The 100% equity interest which comprises a total of 1,000,000 ordinary shares of RM1.00 each, was purchased for ... Read More
ptptn

PTPTN borrower will no longer be blacklisted from buying a house

First-time homebuyers burdened with student loans will now be able to buy their own home as they will no longer be blacklisted from buying a house under the Central Credit Reference Information System (CCRIS). “This is only for the purpose of buying homes. They cannot buy cars or anything else,” ... Read More
turtle-shaped-art-gallery

Lin Xiang Xiong Art Gallery

Penang island, which resembles a turtle, will have a turtle-shaped art gallery by the end of 2021. The unique project, called the Lin Xiang Xiong Art Gallery, is the outcome of a collaboration between renowned Singaporean artist Prof Lin Xiang Xiong and IJM Corporation Berhad. Chief Minister Chow Kon Yeow ... Read More