Malaysia's average house prices are more than four times the median income of its population, making them "seriously unaffordable", research by Khazanah Research Institute (KRI) has revealed. Kuala Lumpur has especially been branded as "severely unaffordable" with house prices 5.4 times higher than the median income in the capital city ... Read More

Malaysia’s airmen may not be getting a new base in Butterworth, Penang, after all — news that will likely bring relief to residents and business operators opposed to the plan from the start. According to a source familiar with the plan, the redevelopment of the new air force base for ... Read More

If you live in a high rise building and have an inter-floor leakage issue, you can be rest assured that you are not alone. Inter-floor leakage is without a doubt one of the biggest problems faced by many dwellers of high rise buildings. Whilst the leakage may appear only in ... Read More

by Miichael Yeoh Who shall we blame for loan rejections? Shall we blame Bank Negara (BNM), the banks or the borrowers? We are always puzzle why our loan can be rejected and you thought submitting a loan is easy as ABC. It you read articles on newspaper and magazines everyone ... Read More

The secondary property market in the country is set to soar due to high demand, according to the Malaysian Institute of Estate Agents (MIEA). MIEA president Erick Y.T. Kho said the secondary property market in the country recorded 381,000 transactions worth RM152bil last year and the figure was set to ... Read More

Many people dread going to the lawyers as it means forking out hundreds if not thousands of ringgit in legal fees for their service. However, Malaysians wishing to prepare uncontested wills and probate, documents on tenancy agreement, purchase or transfer of property, or even divorce petitions can be spared the ... Read More

The possibility of trams plying the streets here again is nearing reality as a consortium has won the bid to carry out the RM27bil Penang Transport Master Plan. Trams, which were a feature in pre-Independence Penang, are among proposals under the PTMP, which includes light rail transit (LRT) lines and ... Read More

Gamuda Bhd has been appointed as the Project Delivery Partner (PDP) to oversee and realise certain key components in the RM27bil Penang Transport Master Plan (PTMP). Sources told StarBiz that the group has recently received the letter of award from the state government following a state executive councillor meeting, which ... Read More

Driving time from Air Itam to Tun Dr Lim Chong Eu Expressway is expected to be slashed by half by 2018 with a new 5.7km bypass. About 70% of the dual carriageway will be elevated and the link provides for 70km/h speed limit. It will begin in Jalan Kampung Pisang, ... Read More

The state government is thinking of allowing developers to sell a certain percentage of affordable units priced between RM200,000 and RM400,000 to buyers who do not meet the financial requirements. Penang Housing, Town, & Country Planning Committee chairman Jagdeep Singh Deo said these buyers were not eligible to be on ... Read More