Property News

MBPP issued stop-work orders on five construction sites due to Covid-19
Factories and construction sites in Penang have contributed a major portion of Covid-19 cases in the state, says state Housing, Local Government and Town and Country Planning Committee chairman, Jagdeep Singh Deo. He said the local enforcement authorities have been constantly monitoring the premises throughout the state and taking firm ... Read More

Beware of illegal brokers, says real estate associations
Real estate associations are urging the public to beware of illegal brokers under the guise of technology and innovation. The associations consisted of The Royal Institution of Surveyors Malaysia (RISM), The Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector Malaysia (PEPS), Malaysian Muslim Real ... Read More

PSI project on hold after fisher folk win appeal, Penang may file judicial review against the decision
The Penang government may apply for a judicial review against the Appeal Board’s decision earlier today that cancelled approval of the Environmental Impact Assessment (EIA) of its ambitious sea reclamation to build three artificial islands. State executive councillor Zairil Khir Johari said the state will consider using this legal option ... Read More

Walk-in vaccinations at 10 Penang PPVs from tomorrow
Penangites can walk in to get vaccinated at 10 selected locations across the state from tomorrow, as the state ramps up vaccination to stem the growing number of cases there. The walk-in is available for locals aged above 18 and citizens who have yet to register or receive appointment dates ... Read More

Malaysia’s home purchases plunge in Q1
Local residential property transactions plunged 44.7 per cent year-on-year (YoY) for the first quarter (Q1) of 2021, according to PropertyGuru DataSense. In its latest property market update report, the data analytics and solutions arm of PropertyGuru said this was due to worries over a resurgence in Covid-19 cases and softer ... Read More

MBPP to issue RFP for Teluk Kumbar affordable housing and market complex projects
The Penang Island City Council (MBPP) will call for Request For Proposal (RFP) through build-operate-transfer (BOT) arrangement for a public market complex and an affordable housing project in Teluk Kumbar. MBPP councillor Abdul Latif Mohamad, who is the council’s alternate chairman for housing development, said the RFP is for the planning, ... Read More

M Vista – Limited units with fantastic views!
M Vista is a low-density development in Penang Island, featuring only 237 units of spacious homes with spectacular views. Strategically located just a mere minutes drive from Penang’s Second Bridge, about a 10-minute drive from Queensbay Mall and Penang International Airport. Hurry, grab a unit before it is sold out! Enjoy grand views and all ... Read More

10% discount if you buy affordable housing during pandemic
Until 30 June 2022, those who are eligible to buy affordable housing (RMM) in Penang Island and Seberang Perai will enjoy a 10% reduction in selling price. Elaborating further, state Housing, Town, Country Planning and Local Government Committee chairman Jagdeep Singh Deo said that State Government implemented the Home Ownership Campaign (HOC) with the ... Read More

Aspen Group Launches Vax to Win Campaign, with Amazing Prizes for Fully Vaccinated Malaysians
In conjunction with the 64th National Day, the Group today launched its nationwide Vax to Win Campaign to promote the Covid-19 vaccine amongst Malaysians. Prizes include a resort-inspired condominium and units of executive apartments as well as gift cards. Aspen Group President and Group Chief Executive Officer Dato’ M. Murly ... Read More

First phase of Gurney Wharf is expected to complete by Q4 next year
Work on the RM200.3 million Gurney Wharf project is expected to start in the fourth quarter of this year after delays in the project due to the Covid-19 pandemic and subsequent lockdowns. State executive councillor Jagdeep Singh Deo told the Penang state legislative assembly today that the planning permission and ... Read More
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