The Monetary Policy Committee (MPC) of Bank Negara Malaysia today decided to maintain the Overnight Policy Rate (OPR) at 3%. Announcing this after its meeting, MPC gave an assurance that it will ensure that the monetary policy stance remains conducive to sustainable economic growth amid price stability. In a statement, BNM ... Read More

About Maldives Residences A residential development by Ideal Property Group at Bayan Lepas. Strategically located along Jalan Sungai Tiram 6, just across the road from Havana Beach Residences. It is conveniently connected to Jalan Tun Dr Awang, less than 2km away from Penang International Airport. This development comprises 46-storey building with ... Read More

Taman Bistari Jaya, a 21-acres mixed development by Mapahill Development Sdn. Bhd. within the township of Nibong Tebal. Located between Jalan Sungai Daun and Jalan Ooi Kar Seng, adjacent to Taman Bistari. It is only 4km away from Jawi toll plaza, about 20 minutes drive to Penang Second bridge. The first ... Read More

Households in Kuala Lumpur, Selangor and Penang spent the highest amount per person per month last year on “basic expenditure for decent living”, according to the statistics department. A national average of RM1,314 a month was recorded for households in Malaysia according to the department’s report on 2023 cost of ... Read More

The National House Buyers Association (HBA) has called for a clearer definition of "affordable housing" in Malaysia, stressing that homes priced as high as RM500,000 should not be considered affordable. Datuk Chang Kim Loong, the HBA’s Honorary Secretary-General, stated that true affordable housing must address the needs of households earning ... Read More

The Penang Island City Council (MBPP) has proposed constructing a new administration building at Jalan Sungai Dua, near the Sungai Nibong Bus Terminal (TSN). MBPP mayor Datuk A. Rajendran said this during the monthly MBPP meeting at City Hall, attended by MBPP councillors, various heads of department, and other important stakeholders ... Read More

Mah Sing Final Bonanza, featuring exclusive offers on the stunning Ferringhi Residence 2—a luxurious, resort-style condominium near Penang's beautiful beaches. With monthly payments starting at just RM3,000, Ferringhi Residence 2 offers: ✅ BCA Green Building Certification ✅ 4 acres of premium facilities ✅ Automated waste collection system ✨ Spacious units ... Read More

About Savana @ Utropolis This is the fourth phase of Paramount Property’s Utropolis development at Batu Kawan. Located along Jalan Cassia Barat 2, adjacent to Sensasi and Sinaran Residences. It is less than 5 minutes’ walking distance to Design Village outlet mall and UOW MALAYSIA KDU Penang University College, with easy ... Read More

The Seberang Perai City Council (MBSP) is taking strict action against landowners who proceed with development projects without obtaining the necessary planning approvals. MBSP Mayor, Dato’ Baderul Amin Abdul Hamid, emphasized that MBSP recently prosecuted a landowner who was operating a car wash facility without proper authorization. On October 24, ... Read More

The 11th PropertyGuru Asia Awards Malaysia, in partnership with iProperty, took center stage at The St. Regis Kuala Lumpur to celebrate Malaysia's most exemplary real estate developers. With 58 categories covering a wide array of property developments and initiatives, the event brought together industry experts, property seekers, and thought leaders ... Read More