Property News
Penang maintains the prices of LC and LMC
The Penang government will not be raising the prices of low-cost (LC) and low medium-cost (LMC) units in the state. State Local Government, Housing, Town and Country Planning Committee chairman Jagdeep Singh Deo said the LC unit in Penang is priced at RM42,000 while LMC unit is priced at RM72,500. “Some ... Read More
Interstate travel allowed from tomorrow
The government has agreed to allow interstate travel from tomorrow, Prime Minister Datuk Seri Ismail Sabri Yaakob said. He said this is after the COVID-19 vaccination rate of the adult population in the country hit 90 percent. “The government has agreed to allow Keluarga Malaysia (Malaysian Family) who are fully vaccinated to ... Read More
Penang proposes 7 major infrastructure projects to be included in Budget 2022
The proposal of seven major infrastructure projects involving various industries was presented in a briefing session with the Minister of Finance, Tengku Datuk Seri Zafrul Tengku Abdul Aziz in conjunction with the preparation of the 2022 Budget. Tengku Zafrul said he took note of all the proposals submitted by the Penang ... Read More
Government relaxes rules for existing MM2H holders
The government has eased up on the new rules for Malaysia My Second Home (MM2H) programme, with those already enrolled needing to only comply with two of the 10 new requirements. Home minister Hamzah Zainudin said existing MM2H programme holders would not be tied to the new conditions, except for ... Read More
Havana Beach Residences affordable housing offer letter handover ceremony
Every night, it is important not only to sleep, but to sleep peacefully knowing there is a roof on top of our heads. It is a basic need for all, and the Penang government will continue to ensure the delivery of affordable homes for eligible Penangites, state Housing, Local Government, Town ... Read More
Demand for residential rental property up in H1 2021
Malaysia's residential rental property demand swung to a positive year-on-year (y-o-y) growth of 1.9 per cent in the first half (H1) of 2021 from a contraction of 5.6 per cent in the corresponding period last year, according to property portal iProperty.com.my. Growth in user visits outperformed the growth in rental ... Read More
MBSP gears up for Phase Three of National Recovery Plan
The Seberang Perai City Council (MBSP) is gearing up for the Phase Three of the National Recovery Plan (NRP) now that more people have been vaccinated as well as there has been a decline in the number of Covid-19 cases. Its mayor Datuk Rozali Mohamud said the council has drafted action ... Read More
Ewein chairman passes away
Ewein Bhd founder and executive chairman Datuk Ewe Swee Kheng died after falling from a high-end condominium at Jalan Kelawai, Penang this morning, reported Sin Chew. The deceased fell from the 17th floor of the condominium and into a pool at around 2am this morning, reported the Chinese-language daily. At the ... Read More
Building affordable homes is the way forward for property developers
Penang Local Government, Housing, Town and Country Planning Committee chairman Jagdeep Singh Deo has continued to remind property developers to focus on building affordable homes during this trying period. “Let us work together. We want the private sector to come together and help the people. “The Covid-19 has greatly impacted the ... Read More
Scientex NRP Virtual Lucky Draw Total Prizes Worth RM10,000*
Scientex Tasek Gelugor offers the First* Landed 2 Storey Affordable Homes with Freehold Title in Pulau Pinang with affordable price from RM226,800*. Scientex Tasek Gelugor has recently launched the “Scientex NRP Virtual Lucky Draw” online campaign with more than RM10,000* worth of prizes to be won. Eligible purchasers will have ... Read More
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- @Wilson Ooi But I dont think they going to do anything with it. Sadly we...Tom on The Cube
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- The approval of allowing businesses to operate on private buildings and residential areas should be...lawrence on MBPP introduces new guidelines for businesses on private land
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