The loan repayment flexibility will be opened for application from Aug 7, 2020, Bank Negara Malaysia (BNM) (pictured) announced yesterday. In its media statement after Prime Minister Tan Sri Muhyiddin Yassin’s announcement yesterday concerning the extension of loan repayment moratorium, BNM noted that it has told banks to deliver a simplified ... Read More

The Penang government is unperturbed by the latest announcement from the Federal Government to only consider the expansion and upgrading of the Penang International Airport (PIA) after the National Airports Strategic Plan (NASP) study has been finalised. Chief Minister Chow Kon Yeow said the Penang government was still interested in ... Read More

Effective from 28 July 2020, RPGT exemption will be given to Malaysians for the disposal of residential homes before Dec 31 next year ... Read More

Harnessing its natural assets, the Seberang Perai City Council (MBSP) has created a tranquil green space by the sea called Robina Eco Park which it hopes will stimulate domestic tourism. Better known as Taman Rekreasi Pantai Robina, the MBSP has spent RM1,464,000 to upgrade and reinvigorate the area fronting the Penang ... Read More

The proposed Real Property Gains Tax (RPGT) exemption for Malaysian property owners has caused confusion among those intending to sell their property as the new rates have yet to be gazetted. National House Buyers Association (HBA) honorary secretary-general Datuk Chang Kim Loong said because of this, property sellers were not able ... Read More

The Government through the National Economic Recovery Plan (Penjana) 2020 has lined up several initiatives to rejuvenate the property market and address the lack of affordable housing particularly for the youth. According to the Ministry of Housing and Local Government, the initiatives included home ownership campaign (HOC) 2020 whereby housing ... Read More

Penang has again topped the list of approved manufacturing foreign direct investments (FDI) for the first quarter of this year (1Q2020). The state recorded a promising RM6.8 billion in approved manufacturing FDI for the period of January to March this year. Last year (the entire year), Penang took pole position in ... Read More

The outlook of the property sector remains challenging for the next one year with most developers still assessing the economic situation and deliberating whether to continue or defer future launches. AmResearch said this in a report to clients adding that it believed that consumer sentiment remains weak for the time ... Read More

Embraced by pristine forest, a whisper away from the hustle and bustle of city life lays Beverly Heights, your sanctuary within the bold coupling of in-vogue contemporary lifestyle and unsurpassed livability. Nestled within a serene 4.1 acre hill land of lush greenery on an elevation of 110m above sea level, ... Read More

The Penang government plans to regenerate aged public housing schemes in the state to cater to current needs. State Local Government, Housing Development and Town and Country Planning Committee chairman, Jagdeep Singh Deo, said five housing projects have been identified for the regeneration exercise. They are Padang Tembak, Taman Free ... Read More