News & Articles

Seberang Jaya market to open in December with upgraded amenities
Residents of Seberang Jaya and nearby areas in Butterworth can look forward to the opening of the long-awaited Seberang Jaya Market and Hawker Centre in December. Penang Chief Minister Chow Kon Yeow said the RM19.5mil project was expected to receive its Certificate of Completion and Compliance (CCC) by the end ... Read More

Penang undersea tunnel feasibility study delayed due to port expansion plans
The feasibility study on the proposed Penang undersea tunnel project aimed at reducing congestion in the state is yet to be completed due to certain factors. Transport Minister Anthony Loke said one of the factors was that there is still no decision on an expansion project for the Butterworth port ... Read More

Bank Negara’s OPR remains at 3%
The Monetary Policy Committee (MPC) of Bank Negara Malaysia today decided to maintain the Overnight Policy Rate (OPR) at 3%. Announcing this after its meeting, MPC gave an assurance that it will ensure that the monetary policy stance remains conducive to sustainable economic growth amid price stability. In a statement, BNM ... Read More

SITE PROGRESS: Maldives Residences (Nov 2024)
About Maldives Residences A residential development by Ideal Property Group at Bayan Lepas. Strategically located along Jalan Sungai Tiram 6, just across the road from Havana Beach Residences. It is conveniently connected to Jalan Tun Dr Awang, less than 2km away from Penang International Airport. This development comprises 46-storey building with ... Read More

Penang among top spenders in Malaysia for decent living
Households in Kuala Lumpur, Selangor and Penang spent the highest amount per person per month last year on “basic expenditure for decent living”, according to the statistics department. A national average of RM1,314 a month was recorded for households in Malaysia according to the department’s report on 2023 cost of ... Read More

Clear definition of affordable housing urged to align supply with demand
The National House Buyers Association (HBA) has called for a clearer definition of "affordable housing" in Malaysia, stressing that homes priced as high as RM500,000 should not be considered affordable. Datuk Chang Kim Loong, the HBA’s Honorary Secretary-General, stated that true affordable housing must address the needs of households earning ... Read More

MBPP land near Sungai Dua proposed for redevelopment
The Penang Island City Council (MBPP) has proposed constructing a new administration building at Jalan Sungai Dua, near the Sungai Nibong Bus Terminal (TSN). MBPP mayor Datuk A. Rajendran said this during the monthly MBPP meeting at City Hall, attended by MBPP councillors, various heads of department, and other important stakeholders ... Read More

Mah Sing Final Bonanza: Incredible deals are here!
Mah Sing Final Bonanza, featuring exclusive offers on the stunning Ferringhi Residence 2—a luxurious, resort-style condominium near Penang's beautiful beaches. With monthly payments starting at just RM3,000, Ferringhi Residence 2 offers: ✅ BCA Green Building Certification ✅ 4 acres of premium facilities ✅ Automated waste collection system ✨ Spacious units ... Read More

SITE PROGRESS: Savana @ Utropolis (Oct 2024)
About Savana @ Utropolis This is the fourth phase of Paramount Property’s Utropolis development at Batu Kawan. Located along Jalan Cassia Barat 2, adjacent to Sensasi and Sinaran Residences. It is less than 5 minutes’ walking distance to Design Village outlet mall and UOW MALAYSIA KDU Penang University College, with easy ... Read More

MBSP reminds landowners of strict enforcement on unauthorized development
The Seberang Perai City Council (MBSP) is taking strict action against landowners who proceed with development projects without obtaining the necessary planning approvals. MBSP Mayor, Dato’ Baderul Amin Abdul Hamid, emphasized that MBSP recently prosecuted a landowner who was operating a car wash facility without proper authorization. On October 24, ... Read More
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