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

The Housing and Local Government Ministry (KPKT) is exploring the introduction of an Option to Purchase (OTP) clause under the proposed Real Property Development Bill, in a move aimed at reducing sick, delayed and abandoned housing projects. Minister Nga Kor Ming said the proposed OTP mechanism would allow both homebuyers ... Read More

The completion of The Meg at Andaman Island has reached a significant milestone with the issuance of Vacant Possession (VP), marking another step forward in the transformation of Penang’s northern coastline. The milestone was celebrated during The Meg Appreciation Dinner hosted by Eastern & Oriental Berhad, attended by key state ... Read More