In economic terms, a headwind hinders or impedes growth and progress. In this instance, headwinds are expected ahead particularly for Malaysia’s residential property market. Six headwinds were highlighted by Lee Heng Guie, economists and executive director of the Socio-Economic Research Centre (SERC) at Rehda Institute’s CEO Series 2022 held last ... Read More

The consultant for the phase one of the urban regeneration programme at ‘5 Point Blocks’ flats in Lorong Mahsuri 10, Bayan Baru has been appointed. This was announced by state Housing, Local Government, Town and Country Planning Committee chairman Jagdeep Singh Deo during a press conference held on Monday at the Taman ... Read More

There will be no increase in electricity charges for residential consumers in the peninsula until Dec 31, 2024, the Energy Commission announced yesterday. This followed speculation that a new tariff rate would be implemented from Feb 1. The Energy Commission said domestic users in the peninsula will also receive a ... Read More

Leading global developer, manufacturer and supplier of high-end vacuum valves, VAT Group AG, will be expanding its operation in Penang with the new facility located in the Batu Kawan Industrial Park (BKIP). The first plant of VAT Manufacturing Malaysia Sdn Bhd is located at Persiaran Cassia Selatan 1 and the upcoming ... Read More

Roar into 2022 Chinese New Year by visiting the “Property Expo 2022” at Queensbay Mall and Gurney Plaza. Rejoice for making into another year and celebrate the Year of Tiger by shopping for a property of your dream. All property purchasers and investors must be thrilled and grateful to Property ... Read More

About Terraces Condominium A highrise residential development by IJM Land at Bukit Jambul, Penang. Strategically located on 9.32 acres of land next to INTI International College. It comprises a 34-storey condominium tower, featuring 410 residential units with two different design types to choose from. Find out more about Terraces Condominium Register ... Read More

The excitement of some residents receiving the keys to occupy a new house in Block A, Taman Nagasari, Prai here more than a month ago turned into concern due to the presence of a group of foreigners who are said to also rent there. It is understood that about 10 ... Read More

Bank Negara Malaysia has decided to maintain the Overnight Policy Rate (OPR) at 1.75 per cent, after concluding its Monetary Policy Committee (MPC) meeting today. In a statement today, the MPC considered the stance of monetary policy to be "appropriate and accommodative". It added that fiscal and financial measures would ... Read More

Titijaya Land Bhd and Penang Development Corp (PDC) have signed a memorandum of understanding (MoU) for the development of a RM9.9 billion Medi-Tech City occupying a 230-acre land in Batu Kawan, Penang. This project is expected to complete in 10 years. Medi-Tech City is earmarked to be an integrated, sustainable ... 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