Property News


SITE PROGRESS: Garden Superlink II @ Jesselton Hills (May 2022)

About Garden Superlink II @ Jesselton Hills The second phase of Garden Homes Collection in Jesselton Hills, Alma by Wing Tai Asia. It comprises 75 units of two-storey superlink homes with extended size up to 26ft wide, surrounded by lush greenery and wholesome recreational amenities. The residential enclave is strategically ... Read More

Simmtech officially opened its new manufacturing facility at Batu Kawan

South Korean semiconductor giant, Simmtech Holdings Inc., through its Malaysia-based subsidiary, Sustio Sdn Bhd, has officially opened its new manufacturing facility in the Batu Kawan Industrial Park (BKIP) today. Simmtech Southeast Asia managing director Jeffery Chun said it is the company’s first advanced manufacturing facility in Southeast Asia that is ... Read More

Winning their dream homes

With just three simple steps, four individuals walked away with their dream homes. They took part in the ‘Vax to Win Campaign’ last year, initiated by Aspen Group to promote Covid-19 vaccination among Malaysians. It required the participants to upload their digital vaccination certificate, answer a few simple questions and create ... Read More

Penang to come up with policy on homestays

Penang will need to look at the rules and regulations concerning homestay in private condominiums and high-rise apartments, says state executive councillor Yeoh Soon Hin. Admitting that it is a long-standing issue, Yeoh said there is no problem for the units to be used for short-term homestays if they come with ... Read More

SSB Reverse Mortgage (Skim Saraan Bercagar)

Skim Saraan Bercagar (SSB) by Cagamas is a type of loan for retired homeowners. Through a reverse mortgage, you can generate cash during retirement without sacrificing homeownership. This allows you to continue staying in your family home without repayment during your lifetime. Retired homeowners can use the monthly payout amount ... Read More

Butterworth squatters get free homes costing RM60,000 each

More than 300 squatters in Butterworth will receive free homes from the Penang government valued at RM22.4 million as part of a resettlement project. The residents are part of Kampung Ujong Batu — an old settlement by the mouth of the Perai river, which has about 300 houses and was ... Read More

Airbnb: Ban on short-term rentals would damage Penang’s economic recovery and growth

Penang’s tourism recovery and growth, as well as the livelihoods of everyday Malaysian Hosts, would be gravely affected if the state’s proposed restrictions on high-rise residential short-term rental accommodation (STRA) is implemented, Airbnb warned today. Following more than two years of economic disruption in Penang brought on by the pandemic, ... Read More
Penang to ban homestay

Penang to ban short-term rentals

The Penang state government will implement the guidelines for prohibiting short-term rentals (homestays). State Housing, Local Government, Town and Country Planning Committee chairman Jagdeep Singh Deo said he will present the proposal to the state executive council and the state government will announce the details later. "We do not want a ... Read More

SITE PROGRESS: Sanctuary Terrace (Apr 2022)

About Sactuary Terrace A residential development by IJM Land at Alma in Bukit Mertajam. Located on 8.9 acres of land along Jalan Santuari 2, about a 20-minute drive to both Penang bridges. Nearby amenities include AEON Mall, Tesco Hypermarket, eateries, schools and banks. This development will offer 95 units of 2-storey terrace houses. (Photos taken in ... Read More

Penang allocates RM8mil for slope repairs at Lorong Bukit Kukus

The Penang state government has allocated almost RM8mil for landslide repairs along the slopes of Lorong Bukit Kukus, Paya Terubong, here that will begin in the third quarter of this year. Penang Infrastructure and Transport Committee chairman Zairil Khir Johari said the restoration work conducted by the Penang City Council ... Read More