Malaysia's Real Estate and Housing Developers' Association (Rehda) has thrown its support behind a proposed "Option to Purchase" (OTP) clause set to be introduced under the new Real Property Development Act, which is slated to replace the Housing Development (Control and Licensing) Act 1966. Rehda president Datuk Ho Hon Sang ... Read More

As part of the ongoing construction of the Penang LRT Mutiara Line, Mass Rapid Transit Corporation (MRT Corp) has announced a long-term “Free-Flow” traffic management plan at the junction of Jalan Tengah and Jalan Sultan Azlan Shah. In a statement issued earlier, MRT Corp said the traffic diversion will take ... Read More

Despite ongoing geopolitical tensions and concerns over rising inflation, Malaysia’s property sector continues to show resilience, according to a recent report by RHB Investment Bank. The research house said real estate remains an effective hedge against inflationary pressures, particularly amid rising energy prices linked to the ongoing West Asia conflict ... Read More

The Penang state government has moved to reassure the public that a controversial high-density development proposed for Bandar Gelugor will face rigorous evaluation before any approval is granted. State Local Government Committee chairman H'ng Mooi Lye told the state legislative assembly that all development applications are assessed holistically, taking into ... Read More

About Maritime Signature A 45-storey commercial development along Karpal Singh Drive. It comprises 232 office suites, several retail outlets, and sky-level facilities including a bar, restaurant, infinity pool, and gym. Situated beside the Lim Chong Eu Expressway, the project offers views of the sea and city skyline, with convenient access to ... Read More

Eastern & Oriental Berhad (E&O) has been recognised by the Malaysia Book of Records (MBOR) for the Gurney Bridge at Andaman Island here as the ‘Widest Box Girder Bridge in Malaysia’. E&O managing director Kok Tuck Cheong received the recognition from MBOR chief executive officer Christopher Wong during The Meg ... Read More

PDC will reopen bidding for the proposed 226-hectare Batu Kawan Industrial Park 2 (BKIP2) project in Byram after the second request for proposal (RFP) failed to materialise. Chief Minister Chow Kon Yeow said the second RFP, which was advertised on March 10 last year, attracted two bidders. However, the process ... Read More

A Penang state assemblyman has proposed introducing a 3% property transfer premium on non-Penang buyers or sellers in an effort to curb speculative property activities and improve housing affordability for locals. During the debate on the governor’s address at the state assembly, Ong Ah Teong said some outstation buyers viewed ... Read More

About Nexus Industrial Hub Nexus Industrial Hub is a freehold light industrial development situated in Jawi, Nibong Tebal, close to Sungai Bakap and Batu Kawan. It consists of 40 two-storey semi-detached units designed for a range of uses, including warehousing, logistics, manufacturing, and office-industrial setups. Key design elements include high ... Read More

The Penang government has yet to make a decision on the future of the proposed RM1 billion Jelutong landfill rehabilitation and reclamation project after its Environmental Impact Assessment (EIA) application was rejected for the fifth time. State Local Government Committee chairman H'ng Mooi Lye said the matter would be brought ... Read More