Property News

Zero active Covid-19 cases in Penang
There are no more active Covid-19 cases recorded in Penang. The last two cases were reportedly discharged as of 12 noon today, according to statistics from State Health Department. This is the first time Penang recorded zero cases while at the same time having zero patients admitted for Covid-19. Today ... Read More

Penang says no to the reopening economy tomorrow
The movement control order (MCO) in Penang will remain intact tomorrow, with the conditional movement control order (CMCO) to be enforced from May 8 onwards, Penang Chief Minister Chow Kon Yeow announced today. The Penang lawmaker said Penang will not enforce CMCO tomorrow as announced by the federal government, but ... Read More

Not all business activities can resume ops starting May 4
Almost all economic sectors and business activities will be allowed to resume business, subject to conditions and standard operating procedure, starting May 4, announces the Prime Minister. Tan Sri Muhyiddin Yassin said the decision is made following advice from the Health Ministry and after lengthy discussions during the Economic Action ... Read More

Property market to remain resilient
The Malaysian property market is expected to remain resilient despite the economic headwinds this year due to COVID-19, with affordable housing and finding the right solutions to the property overhang continuing to be the main agenda of the government. Valuation and Property Services Department Malaysia (JPPH) in a statement today ... Read More

Plenitude Bhd shutdown two hotels in Penang
Plenitude Bhd is closing the operations of three hotels, namely Mercure Penang Beach and The Gurney Resort Hotel and Residences, both in Penang, and Travelodge Ipoh, Perak with immediate effect, and downsizing operations in the other hotels owned by it. This decision is a direct result of the Covid-19 pandemic ... Read More

COVID-19: Penang hotels closing amidst pandemic outbreak
More hotels in Penang are expected to cease operations soon in the aftermath of the Covid-19 global pandemic. After Jazz Hotel announced yesterday that it is shutting its doors, NST has learnt that two more major hospitality establishments here will follow suit. The two businesses are Penaga Hotel and Jerejak ... Read More

Experts urge developers to switch focus to landed properties
Malaysian developers should switch their focus to landed properties in respect of the peoples’ wishes to have a better quality of life, said experts. Impetus Alliance chief executive officer and managing director Datuk Seri Michael Yam said affordable landed properties would be a better investment choice for Malaysians. “The Covid-19 ... Read More

Penang to spur property sector and ensure sufficient supply of affordable homes
The Penang government will come out with an action plan to ensure that the low-income earners will still have access to affordable homes post Covid-19. State Local Government, Housing, Town and Country Planning Committee chairman Jagdeep Singh said it was undeniable that the property sector would face tough times ahead. “We ... Read More

Penang electrical and electronic shops, laundrettes to open for business starting today
Penang has decided to allow electrical and electronic shops, along with full-service laundry shops in the state to reopen from tomorrow onwards, Penang Chief Minister Chow Kon Yeow announced today. He said these sectors have applied and obtained approval from the Ministry of International Trade and Industry (Miti) to reopen ... Read More

Covid-19 crisis forces Penang to review PSP & Penang 2030 vision
The Penang government will review the Penang Structure Plan (PSP) 2030 and Penang 2030 vision as it grapples with fallout from the Covid-19 pandemic. State Local Government, Housing Development and Town and Country Planning Committee chairman Jagdeep Singh Deo said that both documents are crucial to map out the future ... Read More
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- @andrew Bro, your mouth smell like chibai. ...logan on Mezzo @ The Light City
- @Minion Then? Full stop already? Share us how you measure it. In Penang, condo is...millionaire on 80% of Gen Z Malaysians opt for high-rise living
- @andrew At least better than Mezzo. Please la switch it off.. ...millionaire on Mezzo @ The Light City
- @millionaire this is not how you measure the price of landed property compare to condo....Minion on 80% of Gen Z Malaysians opt for high-rise living
- @millionaire Quaywest & COD? Please, they really look like some pariah indian disco!!! ...andrew on Mezzo @ The Light City
- @Minion My affordability is low & no money or downpayment. That's why end up in...Wilson Ooi on 80% of Gen Z Malaysians opt for high-rise living
- @rojak Yes. Exactly. Condo is very expensive. Small & high price psf. Even westin &...millionaire on 80% of Gen Z Malaysians opt for high-rise living
- @Islander It's true lah bro. Let's compare high-end at Tanjung Tokong, E&O's latest landed homes...rojak on 80% of Gen Z Malaysians opt for high-rise living
- @ck Where eye sore? Quaywest & Cod are well design & really amazing to see...millionaire on Mezzo @ The Light City
- 出洋蛟龙又向北伸可带动此玄武岛!Hopefully will bring ample prosperity. ...Chita on Penang’s North Coastal Paired Road to begin construction in 2026
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