The Real Estate And Housing Developers’ Association Malaysia (Rehda) expressed concern over the government’s plan to introduce a 4% flat rate for the stamp duty on memorandum of transfers (MOT) on purchases by foreign individuals and companies in Budget 2024, presented by Prime Minister and Minister of Finance Datuk Seri ... Read More

Micron Malaysia yesterday has officially announced the opening of its second state-of-the-art smart manufacturing facility in Batu Kawan Industrial Park (BKIP). It is located on the same site as its first plant in BKIP. Micron Malaysia vice-president and country manager Amarjit Singh Sandhu said this expansion enables Micron Malaysia to boost ... Read More

In the newly announced Budget 2024 Madani, themed "Madani Economy: Empowering the People" the government has allocated a total of RM393.8 billion, reflecting a slight increase from the previous budget of RM388.1 billion set in February 2023. The government looks committed to driving the New Industrial Master Plan 2030 (NIMP) ... Read More

About Lucerne Residences The final phase of residential development by Ideal Property Group at Ideal Vision Park in Bayan Lepas. It is just a short drive to Penang International Airport, 10 minutes walking distance to Straits International School. The project will see two blocks of 36-storey skyscrapers featuring a European living concept. It offers 480 ... Read More

About Taman Nara by Jayamas Property Group Jayamas Property Group broke ground on Taman Nara in Alma on Tuesday. The development is located next to Taman Sejahtera, about 5 minutes walk to SMK Taman Sejahtera. It is only a mere minutes drive from abundant of amenities, such as AEON Mall, Tesco Hypermarket, banks, ... Read More

PTT Synergy Group Bhd has entered into a sale and purchase agreement (SPA) to acquire two parcels of freehold development land for RM70.56 million via indirect wholly owned subsidiary Projek Tetap Teguh Sdn Bhd (Projek TT) today. In a filing with Bursa Malaysia, the group said the 7.28 hectares (18 ... Read More

The George Penang by The Crest Collection in George Town has elevated the state’s tourism sector since its establishment, Chief Minister Chow Kon Yeow said. Chow attributed the success to the dedicated team of The Ascott Limited, which managed the hotel. “My heartfelt congratulations to all who contributed to this achievement, ... Read More

About Vivo Executive Apartment A serviced apartment within Aspen Vision City township development at Batu Kawan. It is strategically located next to the upcoming Integrated Shopping Mall, walking distance to the Central Island Park. The units will be built complete with communal co-sharing working space and a social kitchen to support ... Read More

In a significant move towards promoting electric mobility and reducing carbon emissions, Malaysia has taken a leap forward with the introduction of comprehensive guidelines for electric vehicle charging bays (GPP EVCB). This initiative comes as part of the government's commitment to improving the approval process for the construction of electric ... Read More

Abandoned flats and apartments may soon be converted to workers’ hostels in Penang, as the state tries to ensure that foreign workers live among their own. State housing committee chairman S Sundarajoo said Penang was also pushing for unsold or low-demand flats or homes in Seberang Perai to be converted ... Read More