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Penang CM: PTMP is on track!
The proposed projects under the Penang Transport Master Plan (PTMP) are on track, Chief Minister Chow Kon Yeow said yesterday. “I have committed to the people of Penang that whenever there is a new milestone achieved, I will meet the press to make the announcement. “The people have been informed ... Read More
Temporary freeze of Malaysia My Second Home (MM2H) programme
The Malaysia My Second Home (MM2H) programme is temporarily frozen to enable the Ministry of Tourism, Arts and Culture (MOTAC) to comprehensively restudy and reevaluate it. According to a statement from the ministry today, the move is also in line with the government’s decision of still not allowing the entry ... Read More
Aster Villa @ Pearl City
Aster Villa, the latest addition to Peral City township development by Tambun Indah Land at Simpang Ampat. Located along Jalan Tasek Mutiara 9, at the southeast of Pearl City township. it is about 2km to Pearl City Mall and GEMS International School, less than 15 minutes drive to Simpang Ampat toll plaza of ... Read More
Mortgage Outlook 2020/21
Covid-19 has wreaked havoc in people’s lives throughout the world. In Malaysia, the response to COVID-19 was swift. Bank Negara Malaysia (BNM) announced a loan moratorium of 6 months from 1st April to 30th September 2020. This gave everyone and all businesses with borrowings a breathing space. What may happen ... Read More
MBPP and IBM ink second MoU on smart city initiatives
For the second year running now, the Penang Island City Council (MBPP) has tightened its partnership with IBM Malaysia Sdn Bhd after a memorandum of understanding (MoU) was signed today. The collaboration would see both parties work closely to further enhance smart city initiatives to improve the delivery of public ... Read More
Landlords should have the right not to let their property
Putrajaya has been cautioned against restricting the rights of landlords in a new law which is aimed at preventing racial discrimination in the property market. The National House Buyers Association (HBA) said the proposed Residential Tenancy Act which the government intends to table in Parliament next year, should not restrict ... Read More
UPCOMING: Nibong Tebal / Super Greenview Sdn. Bhd.
A proposed residential development by Super Greenview Sdn. Bhd. at Nibong Tebal. Located on a 2.65 acres narrow land along Jalan Bukit Panchor, right next to Bukit Panchor Health Clinic. It is only a 5 minutes drive from Jawi Toll Plaza, less 2km to Nibong Tebal KTM Station. Schools and colleges within ... Read More
New laws to address racial discrimination in property market
A law, which among others aims to address issues of racial discrimination in the property market, would be tabled in Parliament early next year, says Zuraida Kamaruddin. Bernama quoted the Housing and Local Government Minister as saying that the law, known as the Residential Tenancy Act (RTA), was still being ... Read More
SITE PROGRESS: Imperial Grande (July 2020)
About Imperial Grande A mixed development by Modular Platinum Sdn. Bhd. (Ideal Property Group) in Sungai Ara, Penang. It is located along Jalan Fettes, surrounded by Iconic Skies, Gardens Ville and Imperial Residence. This development will offer a mix of landed and high-rise properties, with 2 level of shop offices ... Read More
Loan repayment flexibility application starts 7 Aug
The loan repayment flexibility will be opened for application from Aug 7, 2020, Bank Negara Malaysia (BNM) (pictured) announced yesterday. In its media statement after Prime Minister Tan Sri Muhyiddin Yassin’s announcement yesterday concerning the extension of loan repayment moratorium, BNM noted that it has told banks to deliver a simplified ... Read More
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