Property News

Relocation allowed in Phase 1 of NRP
Relocation to strata and landed properties is allowed during Phase One of Movement Control under the National Recovery Plan (NRP), effective immediately, said the Ministry of Housing and Local Government (KPKT). In a statement today, KPKT said the decision was reached at the Technical Committee Meeting of Senior Defense Minister, ... Read More

Penang International Airport expansion on the card
Malaysia Airports Holdings Berhad (MAHB) is now working with its consultant to define the scope of work for the expansion of the Penang International Airport (PIA). The scope of work will include elements and considerations for airports, such as 4.0 automation, optimisation of aircraft parking bays, car park facilities and integration ... Read More

Bandar Cassia on track to become a flourishing township in 15 years
The Bandar Cassia development plan, covering more than 6,000 acres, has not been affected by the epidemic. It is gradually progressing as planned and expects to bring a very strategic and modern city to Penang. The Chief Executive Officer of Penang Development Corporation (PDC), Datuk Mohd. Bazid Abd. Kahar pointed out this in ... Read More

6-month loan moratorium for individual borrowers and micro entrepreneurs
Prime Minister Muhyiddin Yassin announced a six-month loan moratorium to all individual borrowers, whether from the B40, M40 or T20, as well as micro-entrepreneurs. All Malaysians will now enjoy a six-month loan moratorium beginning next month, as part of the government’s latest round of stimulus packages in light of the Covid-19 ... Read More

Mah Sing to focus on new launches in central region this year
According to news reported by The Star, Mah Sing Group Bhd is targetting to launch more affordable properties in the Klang Valley and Johor with over RM3.6bil in gross development value (GDV) by the second half of this year. Given the focus is in the central region, there will be no new ... Read More

Mekarsari Anggun – Largest & Newest Garden Homes Series from only RM4XXK*
Developed by a multi-award winning developer – Hunza Properties Berhad. Mekarsari Anggun is the latest phase of Mekarsari. The "Palace-Style 11ft High Fencing*" complete with CCTV surveillance and security patrol will be the first of its kind in northern Malaysia. Are you facing the same problem? In an apartment or ... Read More

MCO 3.0 will not end tomorrow
The current movement control order (MCO 3.0) will not end as scheduled tomorrow (June 28). This was announced by Prime Minister Tan Sri Muhyiddin Yassin who said the current lockdown, part of Phase 1 of the National Recovery Plan will continue until the threshold value is less than 4,000 Covid-19 ... Read More

Phase 1A of Penang cruise terminal expansion completed
The first phase of the Swettenham Pier Cruise Terminal (SPCT) expansion project has been completed with the berthing area now bigger by about 30%. Penang Port Commission (PPC) chairman Datuk Tan Teik Cheng said besides the solid deck wharf extended 220m towards north of the terminal, the breasting and mooring ... Read More

Understanding real property gains tax
Whether you’re a property investor, an owner simply looking to sell your current home to purchase your dream home or a corporate group engaging in a corporate restructuring exercise, it is important to be aware of all costs associated with a real estate transaction including the real property gains tax (RPGT) ... Read More

Fibre optic cable is now a must for all new housing schemes and buildings
Penang has made the installation of fibre optic cable mandatory for all new housing schemes and buildings in a move to accelerate the development of its telecommunications infrastructure. State Transport and Infrastructure Committee chairman Zairil Khir Johari said Penang has enforced fibre optic installation as a basic utility on par ... Read More
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RECENT COMMENTS
- @Koja The cube is not near to seaside, which units have seaview? from the floor...Moon on The Cube
- @Debbie what special is the unit#8? ...Moon on The Cube
- I bet to see Aspen Agent hardselling their Zen in 2030. ...Islander on The Cube
- @SC It's at 10th floors now. The progress is even better than The Cube or...Hemsley on The Pier
- Is there any site progress review over here or somewhere ? or the development haven't...SC on The Pier
- @Hemsley 300k launch price appreciated to 400K for state unit, 1 carpark, progressive interest, lawyer...Joker on The Cube
- @LL very misleading. Zen 300k (1carpark) appreciated to 400k. That's the truth. actually not appreciated....Joker on The Cube
- @Hemsley try haarder ...Joker on The Cube
- this project is gonna be better if there is a pedestrian bridge to qbay ...LOL on One Mutiara
- It looks like they've reached the 17th floor based on the site progress photo from...BTW on Mertajam Heights
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OTHER DEVELOPMENTS
- Affordable Housing (Penang Island)
- Butterworth Arena
- Columbia Asia Medical Centre
- Eco-Tourism Hub @ Batu Kawan
- Escape Penang – Eco Theme Park
- GBS @ The Waterfront
- GBS by The Sea
- Gurney Wharf
- IKEA Batu Kawan
- Island Medical CIty
- Kobay Jelutong
- Lin Xiang Xiong Art Gallery
- Linear Waterfront
- Mitsui Outlet Park @ PIA
- One Auto Hub @ Batu Kawan
- Penang Arts District
- Penang Eastern Seafront Development
- Penang Medical & Digital Technology Hub
- Penang Premium Outlets (Design Village)
- Penang Sentral
- Penang South Islands
- Penang Transport Master Plan
- Penang Waterfront Convention Centre
- Penang World City
- PIA Expansion
- Silicon Island
- Teluk Bahang Wellness Resort
- The Ship Campus (ALC College)
- The Top @ Komtar
- Wellness City of Dreams