Property News


More hotels in Penang turned Covid-19 quarantine centres

Several hotels nationwide have put aside their core business and have stepped in to assist the country in its efforts to combat the Covid-19 pandemic by turning their premises into Covid-19 quarantine centres. Just a month ago, two hotels in Penang decided to operate their premises as quarantine centres. They are ... Read More

RFP for 1st affordable housing project by LPNPP is expected to open in October

The first affordable housing development project (RMM) by Penang State Housing Board (LPNPP) near Bukit Gedung, Bayan Baru is currently in the process of preparing documents for open tender. The matter was informed by State Local Government, Housing, Town and Country Planning Committee chairman Jagdeep Singh Deo during a press conference ... Read More

Juwai IQI chief: Help first-time and lower-priced buyers to own a home

Real estate agents hope the government will announce new initiatives in Budget 2022 to tackle affordable housing issues in the country. Juwai IQI Group co-founder and chief executive officer Kashif Ansari said based on a recent survey by the company, it is hoped that there is more focus on making ... Read More

Buy M Vista now and get a car for FREE!

Get a unit of M Vista now and drive away a FREE Ativa worth RM63,000! Only the first 18 buyers can enjoy this Mega Bonanza Special Promotion. Share this news with your family, friends and everyone else! This low density, high-end condominium in Penang Island is completing soon in 2021 ... Read More
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Property market confidence returning by 2022

Residential properties are expected to remain subdued this year until the health crisis is brought under control, according to Knight Frank Malaysia’s first half real estate highlights. In a statement, managing director Sarkunan Subramaniam said the residential market would continue to self-correct amid challenges brought on by the Covid-19 pandemic ... Read More

SITE PROGRESS: Nusacinta @ Setia Fontaines (July 2021)

About Nusacinta @ Setia Fontaines The second residential component to be launched in the 1,675-acre Setia Fontaines master-planned township development by SP Setia. This will be the first gated residential precinct located next to the 63-acre man-made lake with a musical fountain. It comprises a total of 294 landed residential units, offering a few types of landed houses ... Read More

SITE PROGRESS: Amansara South @ Setia Fontaines (July 2021)

About Amansara South @ Setia Fontaines The first residential component in Setia Fontaines master-planned township development by SP Setia. Located in Bertam, it comprises a total of 394 landed residential units, offering a few types of single and double storey terrace houses. Indicative price starts from RM330,000 onwards. Find out more about Amansara ... Read More

Sunny Ville Condo will be allocated RM376,200 for maintenance work under TPM80PP

The state government, through its Penang Maximum 80% Maintenance Fund (TPM80PP), has approved the application for lift replacement work at the Sunny Ville condominium in Batu Uban. According to Jagdeep, the TPM80PP fund also caters to the eligible private housing schemes. “Since the condominium does not fall under the low-cost or ... Read More

Malaysia Airports to fund PIA expansion once agreement gets govt’s approval

Malaysia Airports Holdings Berhad (MAHB) is working with its consultant to define the scope of work for the expansion of the Penang International Airport (PIA). The scope of work will include elements and considerations for airports, such as 4.0 automation, optimisation of aircraft parking bays, carpark facilities and integration as a ... Read More

Pay your assessment tax by Aug 31 to win top cash prizes

The Seberang Perai City Council (MBSP) has urged the ratepayers to pay their second assessment tax this year and arrears in order to win five cash prizes. Its mayor Datuk Rozali Mohamud said the owners of the premises could have the chance to grab the cash prizes at stake totalling RM19,888 ... Read More