Property and construction players have noted that Budget 2022 does not offer much for the industry as a whole, adding that it has fallen short of their expectations. CCO & Associates (KL) Sdn Bhd ED Chan Wai Seen said the budget, will at most, help sustain the prevailing market sentiment as ... Read More

About GEM Residences GEM Residences, a commercial development by Belleview Group at Prai, Penang. It is part of the company's 6 hectares mixed development along Jalan Baru, diagonally opposite Megamall Penang. Next to it will be the upcoming largest mall in the northern region - GEM Mall, the tenant mix include ... Read More

The government will continue implementing housing projects, especially for the low-income earners, with a total allocation of RM1.5 billion. In tabling Budget 2022 at the Dewan Rakyat today, Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz said all Malaysian families have the right to own a home. He added that ... Read More

About Sunshine Residence A 39-storey serviced residence by Suiwah Group at Bandar Baru Air Itam. It is part of the Sunshine Central mixed development on the old Sunshine Farlim site, next to Farlim Square shop offices. Featuring 9 levels of commercial floors with car parking podium, office, hotel and residential towers. Find out more about Sunshine Residence Subscribe ... Read More

The Ministry of Housing and Local Government (KPKT) must immediately improve the enforcement of short-term accommodation guidelines (STA) to curb the change of use of units in stratified residential buildings without permission The matter was raised by Penang Island City Council (MBPP) councilor, Lee Kim Noor at the adjournment speech ... Read More

Penang’s Bukit Kukus paired road, touted to be the highest elevated route in the country, will be partially open to traffic by year’s end. The road, which rises 55m from the pile caps, links Bandar Baru Air Itam and Relau and hugs the slopes on the southern reaches of the ... Read More

About Urban Suites A commercial property development by Aspen Vintage Sdn. Bhd. (Cosmopolitan Homes) in the established township of Jelutong.  It is easily accessible via Tun Dr Lim Chong Eu Expressway and surrounded by abundance of amenities. Urban Suites comprises two 42- storey towers, featuring 596 units of commercial suites. Find out more about Urban Suites Register your ... Read More

The Real Estate and Housing Developers' Association Malaysia (REHDA) expects the property market to fully recover starting in 2022, given the positive domestic economic outlook. According to the Property Industry Survey 1H2021 and Market Outlook 2H2021/1H2022, which were released today, 22% and 25%t of the 180 respondents were optimistic about ... Read More

About Fairview Residence Affordable housing development at Sungai Ara, Penang. Strategically located next to Setia Pinnacle by SP Setia, about 10 minutes drive away from Setia SPICE. This is a joint venture development between BSG Property and VST Group. It features 34-storey condominium offering 750 units of affordable housing, with a standard ... Read More

The Local Government and Housing Ministry is currently conducting an extensive research on the proposed National Housing Corporation (NHC). Its minister Datuk Seri Reezal Merican Naina Merican said the objective to have the NHC was to ensure a centralised and standardise public and affordable housing industry for easier monitoring. “Currently, ... Read More