A total of 150 construction sites nationwide have been ordered to close since June 1 for failing to comply with the stipulated standard operating procedure (SOP) of the Movement Control Order (MCO) 3.0. The Works Ministry said in a statement that the Construction Industry Development Board (CIDB) had inspected a ... Read More

About GEM Residences GEM Residences, a commercial development by Belleview Group at Prai, Penang. It is part of the company's 6 hectares mixed development along Jalan Baru, diagonally opposite Megamall Penang. Next to it will be the upcoming largest mall in the northern region - GEM Mall, the tenant mix include ... Read More

It is now your opportunity to own a perfect affordable residence at Southbay City in Penang Island. Strategically located within 5 minutes drive from Penang's Second Bridge, M Vista offers 1,000 sq.ft. of space for the comfort of your family at only RM68 per day! For those who love a low-density living lifestyle, ... Read More

The recent sharp drop in investments flowing into Penang compared to the years before has been expected as part of a “consolidation” trend, a state investment promotion agency said. InvestPenang said after two years of high investments pouring in, including 2019’s historic RM16.9 billion and 2020’s RM14.1 billion, this year’s ... Read More

The failure to secure loans and difficulty in managing monthly cash flow have proven to be the main stumbling block in many Malaysians’ ability to own property. Factors such as quality, size and location of the property also determine the take-up rate, according to experts. Citing a Bank Negara Malaysia ... Read More

Those with a love for automotive velocity may soon get their dose of it because Penang has earmarked a spot for a motorsport racing circuit in Batu Kawan next to the State Stadium complex. Penang youth and sports committee chairman Soon Lip Chee said a 2.8ha plot had been identified to ... Read More

The Penang government yesterday announced that the Penang Home Ownership Campaign (HOC) will be extended for another year until June 2022. State Housing, Local Government and Town and Country Planning Committee chairman, Jagdeep Singh Deo said the HOC had ended on June 9 this year. "During the HOC, the ceiling price ... Read More

The Penang state housing board will be building its first affordable housing project in Bayan Baru which is scheduled for completion in 2025. Housing, local government and town and country planning committee chairman Jagdeep Singh Deo said a total 1,267 affordable units will be built at the site in Bukit ... Read More

Without the controversial Penang South Reclamation (PSR) project, the fishing community in the southern tip of the island will remain as they are. Contrary to a recent statement, Chief Minister Chow Kon Yeow said the project would in fact improve the socio-economic situation of the fishermen. Chow reiterated that through ... Read More

Individual customers and businesses whose income has been affected, including from the middle 40% (M40) and top 20% (T20) income groups, are eligible to apply for financing repayment assistance, said the Association of Islamic Banking and Financial Institutions Malaysia (AIBIM). AIBIM president Datuk Adissadikin Ali said the qualification is in ... Read More