Property News


Lockdown extended by two weeks, to June 28

The nationwide lockdown will be extended for another two weeks from June 15-28, Senior Minister Datuk Seri Ismail Sabri Yaakob announced. He said the Health Ministry had presented its report and proposed to the National Security Council (NSC) chaired by the Prime Minister for the lockdown to be extended. He ... Read More

Triuni Residences – Penang’s Most Coveted Addresses

Contemporary, down to every thoughtful detail, from the architecture and landscaping to the sleek modern finishes, the Runnymede Group’s latest offering in Penang is nothing short of luxurious. In fact, this particular slice of Batu Uban is another crowning achievement to this niche property developer’s 25-year track record of pushing ... Read More

Penang South Islands project to go on despite objections

Despite numerous objections from various parties, the Penang government will proceed with the Penang South Islands (PSI) project, formerly known as Penang South Reclamation (PSR) project. Chief Minister Chow Kon Yeow said it is not about choosing one or the other – referring to the PSI, the environment issue and ... Read More

PKR assemblyman proposes master plan to upgrade kampungs in mainland Penang

Bukit Tengah assemblyman Gooi Hsiao Leung has proposed that the Seberang Perai City Council (MBSP) develops a master improvement plan for kampungs in the whole of Seberang Perai. The PKR assemblyman said the plan should include upgrading works to the physical conditions of the kampungs in Seberang Perai especially to ... Read More

Unused commercial buildings away from housing schemes may be converted into worker dorms

Looking at the grave Covid-19 situation, the Penang government is ready to help expedite applications to turn vacant commercial buildings (away from housing schemes) into worker dormitories and also help expedite the application process to set up temporary worker dormitories at factory grounds. State Local Government, Housing, Town and Country and ... Read More

Penang South Islands – IoT-Enabled Sustainable Smart City

The Malaysian state of Penang is fast becoming an IoT-Enabled Smart City modeled on the tenets of green living, strong ESG principles and sustainable economic momentum. Soon, it could be one of Southeast Asia’s hottest investment destinations. Central to that transformation is Penang South Islands (PSI). The three-island development will ... Read More

Real estate company fined RM10,000 for operating during FMCO

According to Oriental Daily, a real estate agency operated during FMCO was reported by the public, and the company was fined RM10,000 for breaching movement control order. It is understood that the police received reports from the public that a real estate company in an office building at Gurney Drive was ... Read More

10 most viewed Penang projects in early 2021 (Jan – May)

The pandemic is certainly changing the way we live, work and play. The sluggish property market sentiment may have resulted in many holding off buying a house but statistics proved that these home seekers have never stopped scouting for their dream home. Here are the 10 most viewed housing projects in Penang, ... Read More

6 Penang private hospitals to start doling out vaccines next week

Six private hospitals in Penang will dole out Covid-19 vaccines with an additional four vaccination centres (PPVs) to be opened alongside in the near future. Chief minister Chow Kon Yeow said this would help the state achieve herd immunity by October. He said the private hospitals involved would be Lam ... Read More

All loan borrowers with reduced income eligible for lower monthly instalments

Bank Negara Malaysia (BNM) yesterday reiterated that all loan borrowers who have suffered a drop in income, including salary, allowances, commissions and household incomes, are eligible for a reduction of monthly instalments according to the reduced income. In a series of tweets detailing the eligibility for reduction of monthly instalments, the ... Read More