The Covid-19 pandemic and tightening restrictions under the National Recovery Plan (NRP) could see an increasing chance for Bank Negara to cut the overnight policy rate (OPR) by 25 basis points at its July 8 meeting. Wellian Wiranto, (pic) economist, global treasury – research and strategy at OCBC Bank, said ... Read More

About The Amarene Part of Ideal Vision Park development by Ideal Homes in Bayan Lepas, Penang. This development is strategically located along Jalan Tun Dr. Awang, adjacent to Tree Sparina condominium. It is just a mere minutes drive to Straits International School and Penang International Airport. Featuring a 35-storey condominium that ... Read More

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

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

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

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

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

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

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

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