Improvements to the Housing Credit Guarantee Scheme (HCGS) under the Budget 2023 through the increase of financing funds and expanding the qualification of applicants to fixed income groups can help reduce the number of unsold low- and medium-cost houses. Economic expert Jain Yassin said the scheme, which offers financing up ... Read More

The Penang state government has put a request for a proposal (RFP) exercise for its Bayan Lepas Light Rail Transit (BLLRT) project on hold pending discussions with Putrajaya on funding for the project. State Infrastructure and Transport Committee chairman Zairil Khir Johari said the state has completed the pre-qualification registration ... Read More

Eastern & Oriental Bhd (E&O) has completed the reclamation of Andaman Phase 1 and plans to begin the development of the 253-acre land over the next 15 years with an estimated gross development value (GDV) of RM17 billion. The first property, The Meg, has been on the market since January ... Read More

About GEM Residences GEM Residences, a commercial development by Belleview Group at Prai, Penang. It is part of the company's 6 hectares mixed development along Jalan Baru, diagonally opposite Megamall Penang. Next to it will be the upcoming largest mall in the northern region - GEM Mall, the tenant mix include ... Read More

Master Community Developer, Sunway Property has launched the residential component of its latest freehold development, Sunway Dora in high-growth Bayan Baru, Penang, achieving an 89% take-up rate in total for the non-bumi condominiums alongside of its 100% take-up rate for its non-bumi commercial shop units which have been launched earlier ... Read More

Liveability is an important issue that the Penang government takes it seriously. Penang Local Government, Housing, Town and Country Planning Committee chairman Jagdeep Singh Deo said the state acknowledges the need to ensure that public housing schemes are liveable. “That is why the Penang Housing Board continues to monitor public ... Read More

About Marriott Residences A mixed development by BSG Property in Georgetown in Penang. It is located between the famous tourist belt of Gurney Drive and Kelawai Road, next to Evergreen Laurel Hotel. The project comprises a 55-storey skyscraper, featuring a mixed of hotel rooms and condominium units Find out more about Marriott Residences Register your interest ... Read More

AMD Global Services will be the major tenant for the upcoming ‘GBS by the Sea’ project in Bayan Lepas. GBS by the Sea, which is being developed by Penang Development Corporation (PDC), will have a total net lettable floor space of about 300,000sq ft. The project is scheduled to be ... Read More

As one of Malaysia’s most renowned property developers which is best known for providing affordable yet quality housing projects throughout the country, Scientex has recently completed the construction of its Scientex Sungai Dua Sales Gallery. In conjunction with the completion of the sales gallery and to promote its upcoming 343 ... Read More

Thirteen blocks of Taman Free School flats under the Penang Island City Council (MBPP) are set to undergo repainting work in stages. Penang Local Government, Housing, Town and Country Planning Committee chairman Jagdeep Singh Deo announced the approval of the repainting work during a visit to the site this morning. “We ... Read More