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Property News

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Why PSR is important to Penang

Without the controversial Penang South Reclamation (PSR) project, the fishing community in the southern tip of the island will remain as they are. Contrary to a recent statement, Chief Minister Chow Kon Yeow said the project would in fact improve the socio-economic situation of the fishermen. Chow reiterated that through ... Read More
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Affected M40, T20 groups eligible to apply for financing repayment aid

Individual customers and businesses whose income has been affected, including from the middle 40% (M40) and top 20% (T20) income groups, are eligible to apply for financing repayment assistance, said the Association of Islamic Banking and Financial Institutions Malaysia (AIBIM). AIBIM president Datuk Adissadikin Ali said the qualification is in ... Read More
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SITE PROGRESS: Orange BM (June 2021)

About Orange BM A commercial development by by Tah Wah Group at Bukit Mertajam. It is strategically located along Jalan Song Ban Kheng, adjacent to Taman Bukit Kecil. This development features a 28-storey commercial tower with 216 units of business suites. The project is now completed with CCC obtained! (Photos ... Read More
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Lockdown extended by two weeks, to June 28

The nationwide lockdown will be extended for another two weeks from June 15-28, Senior Minister Datuk Seri Ismail Sabri Yaakob announced. He said the Health Ministry had presented its report and proposed to the National Security Council (NSC) chaired by the Prime Minister for the lockdown to be extended. He ... Read More
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Triuni Residences – Penang’s Most Coveted Addresses

Contemporary, down to every thoughtful detail, from the architecture and landscaping to the sleek modern finishes, the Runnymede Group’s latest offering in Penang is nothing short of luxurious. In fact, this particular slice of Batu Uban is another crowning achievement to this niche property developer’s 25-year track record of pushing ... Read More
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Penang South Islands project to go on despite objections

Despite numerous objections from various parties, the Penang government will proceed with the Penang South Islands (PSI) project, formerly known as Penang South Reclamation (PSR) project. Chief Minister Chow Kon Yeow said it is not about choosing one or the other – referring to the PSI, the environment issue and ... Read More
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Everything about certified real estate negotiators & agents (Part 1 of 2)

By Anders Ong There have been so many misconceptions in the market about real estate negotiators and agents. Most people assume negotiators are the same as brokers and brokers are the same as negotiators without fully understanding the risk they have by engaging brokers. Some complained that realtors had lied ... Read More
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PKR assemblyman proposes master plan to upgrade kampungs in mainland Penang

Bukit Tengah assemblyman Gooi Hsiao Leung has proposed that the Seberang Perai City Council (MBSP) develops a master improvement plan for kampungs in the whole of Seberang Perai. The PKR assemblyman said the plan should include upgrading works to the physical conditions of the kampungs in Seberang Perai especially to ... Read More
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Unused commercial buildings away from housing schemes may be converted into worker dorms

Looking at the grave Covid-19 situation, the Penang government is ready to help expedite applications to turn vacant commercial buildings (away from housing schemes) into worker dormitories and also help expedite the application process to set up temporary worker dormitories at factory grounds. State Local Government, Housing, Town and Country and ... Read More
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Penang South Islands – IoT-Enabled Sustainable Smart City

The Malaysian state of Penang is fast becoming an IoT-Enabled Smart City modeled on the tenets of green living, strong ESG principles and sustainable economic momentum. Soon, it could be one of Southeast Asia’s hottest investment destinations. Central to that transformation is Penang South Islands (PSI). The three-island development will ... Read More