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Air-Itam to LCE Expressway bypass project to take off after 2-year delay
Heavy machinery has started arriving at the construction site of a 6km dual carriageway that is part of the RM6.3 billion three major roads and undersea tunnel (PMRT) project. Yesterday morning, hydraulic excavators, bulldozers and soil compactors were seen transported to the construction site at Lorong Bukit Gambir where works ... Read More

Federal Court: Late delivery payment begins from booking fee collection
The calculation for late delivery payment to house buyers begins from the date the booking fee is paid, and not when the sale and purchase agreement (SPA) is signed, the Federal Court ruled today. Chief Justice Tengku Maimun Tuan Mat said the Housing Development (Control & Licensing) 1966 and its ... Read More

Worsening Covid-19 situation will derail property market recovery
Last year had been extremely challenging for the overall market, including real estate, due to the prolonged Covid-19 pandemic and it continues to disrupt lives, economies, and societies globally. Homebuyers and investors held on to their money due to the certainty in the market and because of that many developers ... Read More

UPCOMING: Butterworth / Woolley Development Sdn Bhd
This is a residential development by Woolley Development Sdn. Bhd. at Butterworth. Strategically located near Jalan Dahlia, easily accessible via the ever bustling Jalan Raja Uda. It is adjacent to Bola-Bola Sports Centre and the proposed Garden City mixed development by Flexizone Venture Sdn. Bhd. The proposed development comprises a 12-storey medium cost ... Read More

BNM expected to cut OPR to new low of 1.5%
DBS Group Research is predicting Bank Negara Malaysia (BNM) to cut the overnight policy rate (OPR) by another 25 basis points (bps), which would bring the interest rate to a new low of 1.5%, in the forthcoming monetary policy meeting scheduled for Jan 20 next week. The move is expected ... Read More

Penang to extend House Ownership Campaign to end of 2021
The Penang government plans to extend the House Ownership Campaign (HOC) to the year-end following implementation of the movement control order (MCO) and imposition of Emergency which is expected to continue until August. State Housing, Local Government and Town and Country Planning Committee chairman, Jagdeep Singh Deo said this measure ... Read More

All parks in Penang will be closed during MCO
All parks in Penang, including Botanic Gardens, will be closed as of Friday (Jan 15). This follows some confusion when the movement control order was re-imposed on Wednesday (Jan 13) and some public recreational parks in the state remained open for people to go jogging alone. State youth and sports ... Read More

SITE PROGRESS: 3 Residence (Jan 2021)
About 3 Residence Mixed development by IJM Land at Sungai Pinang. It is strategically located along Lebuh Sungai Pinang 1, easily accessible via Tun Dr. Lim Chong Eu Expressway. Offering a mix of residential and commercial components, which comprises a 47-storey skyscraper, hotel and shop offices. Find out more about 3 Residence Register your interest ... Read More

The Se7en @ Juru
The Se7en @ Juru, a commercial development by Prospek Setia Sdn. Bhd. at Bukit Tengah. It is a small development strategically located along the busy road of Jalan Kebun Nenas, next to Juru Sentral development near Icon City. Just a stone's throw away from Juru Auto-City. This development will see the ... Read More

EcoWorld calls off merger with UEM Sunrise
Private developer Eco World Development Group Bhd has called off a proposed merger with government-linked property developer UEM Sunrise Bhd. The merger, if realised, would have resulted in one of Malaysia’s largest real estate companies by market value. In a statement, EcoWorld chairman Liew Kee Sin said the decision was ... Read More
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- @Millionaire I doubt a millionaire will stay in an apartment at Perak lane, definitely is...millionaire on Twin Star
- What's the take up rate of this condominium? ...PPbee123 on The Lume @ Andaman Island
- @LOL Pier ...LL on Merione Grand
- Merione Grand vs Stark Tower vs Exsim project, which is better? ...LOL on Merione Grand
- I think Penang is in dire need of proper CBD infrastructure. Too many people doing...Irwin on Penang undersea tunnel still a key solution to traffic woes
- @Hee Chan Location of Twin is very strategy with all amelities available within walking distance....Millionaire on Twin Star
- Basically the project is way overpriced, they got more than enough allowance to pay for...Hee Chan on Twin Star
- @Ryu More like the developer is in panic mode losing to The Cube, and is...Hee Chan on Twin Star
- @Goppal Memorable but not put to good use anyway. Not like they turn it into...Islander on Iconic Boon Siew Villa demolished for luxury residential project
- @Hee Chan Quite unlikely, it is almost 4% of the sales price already. I truly...Floyd on Twin Star
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- Kobay Jelutong
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- One Auto Hub @ Batu Kawan
- Penang Arts District
- Penang Eastern Seafront Development
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