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NRP increase chances for BNM to cut interest rate
The Covid-19 pandemic and tightening restrictions under the National Recovery Plan (NRP) could see an increasing chance for Bank Negara to cut the overnight policy rate (OPR) by 25 basis points at its July 8 meeting. Wellian Wiranto, (pic) economist, global treasury – research and strategy at OCBC Bank, said ... Read More

SITE PROGRESS: The Amarene (July 2021)
About The Amarene Part of Ideal Vision Park development by Ideal Homes in Bayan Lepas, Penang. This development is strategically located along Jalan Tun Dr. Awang, adjacent to Tree Sparina condominium. It is just a mere minutes drive to Straits International School and Penang International Airport. Featuring a 35-storey condominium that ... Read More

Relocation allowed in Phase 1 of NRP
Relocation to strata and landed properties is allowed during Phase One of Movement Control under the National Recovery Plan (NRP), effective immediately, said the Ministry of Housing and Local Government (KPKT). In a statement today, KPKT said the decision was reached at the Technical Committee Meeting of Senior Defense Minister, ... Read More

Own one of Bukit Mertajam’s best buy elegant and contemporary bungalows today!
Tucked away in a serene hilly enclave, one can escape the hustle and bustle in a residential sanctuary surrounded by peaceful hillside greeneries. Bayu Residencia at Taman Tanah Aman offers residents the best of both worlds by living harmoniously with nature and luxurious living. Located only a stone’s throw away ... Read More

Penang International Airport expansion on the card
Malaysia Airports Holdings Berhad (MAHB) is now working with its consultant to define the scope of work for the expansion of the Penang International Airport (PIA). The scope of work will include elements and considerations for airports, such as 4.0 automation, optimisation of aircraft parking bays, car park facilities and integration ... Read More

UPCOMING: Bukit Dumbar / Zantalite Enterprise (M) Sdn. Bhd.
Proposed low-density serviced residence development by Zantalite Enterprise (M) Sdn. Bhd. at Bukit Dumbar. Located next to the intersection of Jalan Bukit Dumbar and Jalan Batu Gajah, easily accessible via Jalan Jelutong with an abundance of nearby amenities within walking distance. D'Mansion Residence and SJKC Phei Shin are only a few minutes' ... Read More

Bandar Cassia on track to become a flourishing township in 15 years
The Bandar Cassia development plan, covering more than 6,000 acres, has not been affected by the epidemic. It is gradually progressing as planned and expects to bring a very strategic and modern city to Penang. The Chief Executive Officer of Penang Development Corporation (PDC), Datuk Mohd. Bazid Abd. Kahar pointed out this in ... Read More

6-month loan moratorium for individual borrowers and micro entrepreneurs
Prime Minister Muhyiddin Yassin announced a six-month loan moratorium to all individual borrowers, whether from the B40, M40 or T20, as well as micro-entrepreneurs. All Malaysians will now enjoy a six-month loan moratorium beginning next month, as part of the government’s latest round of stimulus packages in light of the Covid-19 ... Read More

Mah Sing to focus on new launches in central region this year
According to news reported by The Star, Mah Sing Group Bhd is targetting to launch more affordable properties in the Klang Valley and Johor with over RM3.6bil in gross development value (GDV) by the second half of this year. Given the focus is in the central region, there will be no new ... Read More

Mekarsari Anggun – Largest & Newest Garden Homes Series from only RM4XXK*
Developed by a multi-award winning developer – Hunza Properties Berhad. Mekarsari Anggun is the latest phase of Mekarsari. The "Palace-Style 11ft High Fencing*" complete with CCTV surveillance and security patrol will be the first of its kind in northern Malaysia. Are you facing the same problem? In an apartment or ... Read More
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