Property News
Local Government Ministry hopes to learn from Singapore’s HDB success
The success of Singapore's Housing & Development Board (HDB) to provide public housing for 80 per cent of its citizens has motivated the Local Government Development Ministry to consult its experts as well as other foreign experts in its effort to build more affordable homes in Malaysia. The ministry, in ... Read More
Penang hopes infrastructure projects will be approved under Budget 2023
Penang hopes that the federal government will approve the infrastructure projects which will make a positive impact on the state and the northern region in the re-tabling of the 2023 Budget on Feb 24. Chief Minister Chow Kon Yeow said these included the Light Rail Transit (LRT) project for the ... Read More
SITE PROGRESS: Sanctuary Terrace (Jan 2023)
About Sactuary Terrace A residential development by IJM Land at Alma in Bukit Mertajam. Located on 8.9 acres of land along Jalan Santuari 2, about a 20-minute drive to both Penang bridges. Nearby amenities include AEON Mall, Tesco Hypermarket, eateries, schools and banks. This development will offer 95 units of 2-storey terrace houses. (Photos taken in Dec ... Read More
Chinese New Year 2023 Events & Roadshows
Happy Chinese New Year 2023! Celebrate this coming festive season with your family by visiting these events for your dream home and enjoying the exclusive CNY offers ... Read More
Sungai Ara residents win final appeal to stop hillslope project
A group of residents in Sungai Ara have won their final appeal to challenge the Penang island city council’s (MBPP) decision to grant planning permission to a developer to build a housing scheme on a hillslope. Federal Court judge Nallini Pathmanathan said the local authority’s approval of Sunway City (Penang) ... Read More
Limited Offer: Get Muze@PICC Now & Save RM180,000
Great news, 2023 marks the 45th Anniversary of Hunza Properties Group! As a call for celebration, purchasers in this year for participating projects are entitled for a chance at Hunza Lucky Draw Campaign, where the total prizes are worth up to RM1,000,000! For a limited time, own Muze@PICC and enjoy ... Read More
Penang gives premium discounts for extension of leasehold lands, expired leases
The Penang government is granting premium discounts for the extension of leasehold lands and for leases which have already expired. Chief Minister Chow Kon Yeow said following his announcement on the matter during the State Legislative Assembly in November last year, the policy has been enforced beginning Jan 1 this year ... Read More
BNM maintains overnight policy rate at 2.75pc
Bank Negara Malaysia (BNM) has decided to maintain the overnight policy rate (OPR) at 2.75 per cent today, allowing it to assess the impact of the cumulative past OPR adjustments, given the lag effects of monetary policy on the economy. The central bank said at the current OPR level, the ... Read More
Bank Negara likely to hike OPR to 3% tomorrow
Standard Chartered (StanChart) expects Bank Negara Malaysia (BNM) to increase the overnight policy rate (OPR) by 25 basis points to 3.0% during its monetary policy meeting tomorrow, reversing the Covid-induced rate cuts. “Following a likely January hike, we expect a pause in March, before another 25bps hike in May, assuming the ... Read More
Penang will pursue the George Town–Butterworth LRT link
The Penang government is still waiting to meet Prime Minister Datuk Seri Anwar Ibrahim and Transport Minister Anthony Loke to discuss the proposed George Town–Butterworth Light Rail Transit (LRT) project. Chief Minister Chow Kon Yeow said the discussion would also touch on other critical transport projects in Penang, such as the ... Read More
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Latest Projects
TODAY'S MOST READ
RECENT COMMENTS
- @Leo Yes, they will change the steel railing to glass. If you're a buyer, you...Bearly on The Cube
- there will be height restriction here right. ...Goppal Balan on Weld Quay Waterfront Development RFP officially launched
- I check on site , that is not glass railing but only plastic bag cover...Leo on The Cube
- @Leo Now they'll change the steel railing back to glass, but the concrete wall remains....Bearly on The Cube
- @Kuih Bulan for how long? ...Yee on The Cube
- yes the inform us they will change it to steel railing but they didn't inform...Leo on The Cube
- So disappointed ...Leo on The Cube
- Instead for full steel railing they already convert it to half railing, half wall and...Leo on The Cube
- sorry on site already proceed with steel railing ...Leo on The Cube
- stopped work again by JKKP ...Kuih Bulan on The Cube
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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
