Property News
Risk of abandoned projects rises
There is a potential rise in abandoned projects as the Covid-19 pandemic drags on with high daily cases. Property and legal experts told The Edge Malaysia in a report this this week that there could be potentially “millions, if not billions, of ringgit worth of projects being abandoned once the ... Read More
Penang to seek RM100m allocation from Fed Govt for housing needs
Penang will seek the help of new Housing and Local Government Minister Datuk Seri Reezal Merican Naina Merican to provide affordable housing for its people and also an allocation of RM100 million for its maintenance programme for 2022. State Local Government, Housing, Town and Country Committee chairman Jagdeep Singh Deo said ... Read More
MBPP councilor proposed to reduce development plot ratio to prevent overcrowding and the spread of Covid-19
It is time to come up with policies for the future that can prevent the spread of Covid-19 and other viral infections such as a reduction in plot ratio for development projects, a city councillor Lee Kim Noor said. The Penang Island City Council (MBPP) councillor said it is important ... Read More
Immigration Dept to take over MM2H programme from October
All new applications for the Malaysia My Second Home Programme (MM2H) will be handled and processed by the Immigration Department (JIM) beginning October, after all the related legal processes are completed. The Ministry of Tourism, Arts and Culture (MOTAC) in a statement said in the transition process, the ministry through ... Read More
Major flood mitigation project in progress
A major flood mitigation project (RTB) is under construction in the southwest district of Penang island where it flooded last week on Wednesday. State infrastructure committee chairman Zairil Khir Johari said the Teluk Kumbar RTB was expected to be completed by end of this year. Two more projects in the pipeline ... Read More
SITE PROGRESS: The Zen (Aug 2021)
About The Zen A mixed development by Asia Green at Bayan Mutiara. It is located next to Tun Dr. Lim Chong Eu Expressway, just a short drive away from the ongoing Penang World City township development by Tropicana Ivory. This development comprises a 46-storey skyscraper with two residential towers, and shop ... Read More
Demand for subsale residential units shows growth in first-half 2021
Although the subsale residential segment has always been strong, accounting for 80% to 85% of total transactions in the property market, buyers of subsale units are not ready to pay the asking price of the property owner, as the average selling price in subsale residential is 20% lower than the ... Read More
More sports activities allowed in Penang from yesterday
Several outdoor sports activities in Penang will now be allowed since the state is under the Phase Two of the National Recovery Plan (NRP). Jogging, exercise, swimming, solo kayaking, taichi, cycling, skateboarding, fishing, equestrian, archery, hiking, tennis/badminton (single) and golf are allowed from Aug 23, yesterday. Outdoor and semi-outdoor sports centres ... Read More
PR1MA provides 10 buses for Movak in Penang and two other states
PR1MA Corporation Malaysia (PR1MA) has provided 10 buses for the implementation of the Community Vaccine Mobilisation (Movak) programme in Perlis, Kedah and Penang from today until Sept 2. In Penang it will be held from Aug 30 to Sept 2 at Dato’ Haji Ahmad Badawi Hall; Jalan Betek Sports Complex; ... Read More
Budget 2022: Urgent need to address the rising cost of housing
The rising cost of housing remains one of the main issues today and there is an urgent need to address this soon to make the property more affordable. This is probably top on the wish list for Malaysian property developers, homebuyers, and real estate practitioners. According to an online survey ... Read More
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- so the plan is now to do a tunnel instead... ...Goppal Balan on RM33mil Mount Erskine underpass targets 2030 Completion
- This is what i advise to my peers and subordinates, don't become too dependent and...Goppal Balan on RM33mil Mount Erskine underpass targets 2030 Completion
- @Ragebait You're right. It's common sense. It's up to condo management to handle it. The...Bin on The Meg @ Andaman Island
- Y'all knew that the meg was going to be the first project completed and still...Ragebait on The Meg @ Andaman Island
- KM : The Meg Property Management has not taken effective action despite the issues...Leo on The Meg @ Andaman Island
- @Olivier The management only able to give advice to pet owner infact this apartment is...Bin on The Meg @ Andaman Island
- I hope E&O will intervene promptly to protect residents' well-being and ensure that The Meg...Olivier on The Meg @ Andaman Island
- The Meg Blk B, Persistent dog barking and obstruction in a common area A dog...Olivier on The Meg @ Andaman Island
- The Meg Property Management has not taken effective action despite the issues being reported repeatedly....KM on The Meg @ Andaman Island
- Any idea of tentative completion for Queens millionaire row? Marina? Sport centre? ...Bin on Marriott Residences Queens Waterfront
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