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Bank Negara likely to cut OPR in 2015, says UBS
Bank Negara Malaysia is likely to cut its overnight policy rate (OPR) by 25 basis points in 2015, as the fall in the oil prices would cushion the pressure on inflation, according to UBS. The central bank last increased its OPR in July 2014 to 3.25%, after keeping it at ... Read More

Federal agencies agree to toe Penang’s line
Federal development agencies JKP Sdn Bhd and the Penang Regional Development Authority (Perda) have agreed to comply with state requirements on their projects in Penang. Federal Action Council chairman Datuk Zainal Abidin Osman said JKP and Perda will be amending their development plans to comply with what the state government ... Read More

Think City launches RM30m grant for nationwide urban renewal programmes
If you live in Kuala Lumpur, George Town or Butterworth and have ideas to make your city a better place to live, you can tap Think City for its new RM30 million public grant for urban renewal. Fresh off a successful run of pumping RM17.5 million in grants to inject ... Read More

After four-year wait, Penang Island to finally get city status
Penang Island will soon be declared a city, the state government confirmed today, after announcing Putrajaya’s approval of its status application made back in January 2010. State local government and traffic management committee chairman Chow Kon Yeow said the Cabinet finally approved the upgrade at a meeting last month. He ... Read More

Petition for lower tariff
Joint management bodies (JMB) of high-rise buildings in four states and the Federal Territory want a special tariff for electricity to be introduced. They are asking the Energy, Green Technology and Water Ministry to intervene in the matter. Tanjong MP Ng Wei Aik said the JMBs and other management corporations ... Read More

Step up, buyers urged
Work to revitalise the abandoned Majestic Heights Phase 2A project in Paya Terubong, Penang, can go ahead only with the cooperation of at least 220 owners. Chief Minister Lim Guan Eng said that so far, 127 unit owners had signed the agreement to execute the commencement of the project. “We ... Read More

Garden City
Garden City, an upcoming mixed development by Temasek Land Sdn. Bhd. (formerly undertaken by Woolley Development) in Raja Uda, Butterworth. Strategically located along Jalan Raja Uda, adjacent to Woolley Avenue shop offices. It is about 10 minutes drive to Penang Sentral, under 15 minutes to Penang Bridge. This development comprises ... Read More

Landed properties within Penang island? Hard to go wrong
by Charles Tan Anyone favouring a landed property within the Penang island? With this question, I can see majority putting up their hands but a few would then ask, which part of Penang island? If it’s Greenlane, I can see 10 / 10. If it’s in Sungai Ara, suddenly, half ... Read More

Penang nine months investments hit RM6b, surpassing all of 2013
Total investments in Penang hit RM6 billion between January and September this year, outpacing RM3.9 billion for all of 2013. Chief Minister Lim Guan Eng, who announced the data at a press conference, said Penang also ranked third among all states for the highest amount of investments. “Last year, Penang ... Read More

Is Your Home Loan Rejected? It Could Be Due To These Reasons
You’ve found your dream home and are already imagining yourself serving dinner in a top-of-the-range kitchen. However, before you start picking your wall colour, consider the possibility of your home loan not being approved. Today’s home loan application and approval process can be tedious, with so many possibilities of issues ... Read More
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- trade in density for the affordability. 5700 units in total with 100+ shop units and...BTW on SkyWorld Pearlmont
- Thats why bro, skyworld pigeonhole projects in kl and setapak, looks like battery chicken, now...Goppal Balan on SkyWorld Pearlmont
- @millionaire I concur. Such baseless allegations. ...Justice League on Lumina Residence
- Hebat ...Minion on SkyWorld Pearlmont
- profit maximization of the highest degree, can't believe this is approved, even the birds can...Oh nice on SkyWorld Pearlmont
- who want to stay in this high density hell hole...? ...Oh nice on SkyWorld Pearlmont
- 11 blocks of 40 storey flats? that is crazy... ...Oh nice on SkyWorld Pearlmont
- @1st batch buyer block A How dare you say that? This is million condo by...millionaire on Lumina Residence
- @1st batch buyer block A I have warned but many didnt listen. ...LL on Lumina Residence
- Heard from hardware company staff that the material lumina using all cheap and low quality....1st batch buyer block A on Lumina Residence
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