Property News
Bank Negara Malaysia maintains OPR at 1.75%
At its meeting today, the Monetary Policy Committee (MPC) of Bank Negara Malaysia decided to maintain the Overnight Policy Rate (OPR) at 1.75 percent. The global economic recovery has strengthened further, supported by improvements in manufacturing and services activity. The pace of recovery, however, varies across countries. Economies making better ... Read More
Penang public parks open today for recreational activities under NRP Phase 2
As Penang enters phase two of the National Recovery Plan (NRP) which coincides with the George Town World Heritage Day celebration today, the Penang City Park (formerly Youth Park), Botanic Gardens and some other public parks have been reopened for individual recreational activities. State Youth and Sports Committee chairman Soon ... Read More
SITE PROGRESS: Queens Residences (July 2021)
About Queens Residences Luxury waterfront development by Ideal Property Group at Bayan Bay with gross development value (GDV) of RM600mil. This development is located in front of BayStar Condominium, just stone’s throw away from Queensbay Mall. (Photo taken late June) Find out more about Queens Residences Register your interest here to ... Read More
Renovation works for residential houses allowed during NRP phase 2
Penang will enter the second phase of the national recovery plan starting tomorrow. During the second phase of the National Recovery Plan, renovation works for individual residential houses and commercial buildings are allowed. According to the latest standard operating procedures (SOP) announced by the National Security Council yesterday, the approved construction ... Read More
Penang moving to Phase 2 of NRP on Wednesday (July 7)
Penang will move into Phase Two of the National Recovery Plan on July 7, after fulfilling key three indicators, says Senior Minister (Security) Datuk Seri Ismail Sabri Yaakob. Among the three thresholds Penang had achieved includes the average number of daily cases by recording 9.5 cases out of 100,000 people ... Read More
Exclusive Penang property marketplace for all owners, landlords and agents
PenangPropertySale.com, a FREE property marketplace on Penang has been available for all homeowners, landlords and property agents since 2018 !! Whether you are a buyer or a seller, PenangPropertySale.com provides you with a comprehensive property search on Penang properties, home for sale or properties to rent. PenangPropertySale.com is a property ... Read More
SITE PROGRESS: 3 Residence (July 2021)
About 3 Residence Mixed development by IJM Land at Sungai Pinang. It is strategically located along Lebuh Sungai Pinang 1, easily accessible via Tun Dr. Lim Chong Eu Expressway. Offering a mix of residential and commercial components, which comprises a 47-storey skyscraper, hotel and shop offices. Find out more about 3 Residence Register your interest ... Read More
Penang ready to move into Phase 2 of NRP by next week.
Penang is confident of moving into Phase Two of the National Recovery Plan by next week when 10 percent of its population get their second dose vaccination, says Chief Minister Chow Kon Yeow. He said by this Wednesday or Thursday, the state should be able to achieve the 10 percent target ... Read More
Authorities tracking down those who fled Taman Nagasari in SPT before the enforcement of EMCO
Business owners, workers and residents who fled Taman Nagasari before the enforcement of the Enhanced Movement Control Order (EMCO) today, have been urged to return home immediately to enable health workers to carry out community screening more effectively. According to Seberang Prai City Council (MBSP) mayor Datuk Rozali Mohamud, irresponsible ... Read More
NRP increase chances for BNM to cut interest rate
The Covid-19 pandemic and tightening restrictions under the National Recovery Plan (NRP) could see an increasing chance for Bank Negara to cut the overnight policy rate (OPR) by 25 basis points at its July 8 meeting. Wellian Wiranto, (pic) economist, global treasury – research and strategy at OCBC Bank, said ... Read More
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