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BMF’s affordable housing plan may cause more problems in market
Khazanah Research Institute (KRI) director Dr Suraya Ismail is her opinion that the affordable housing proposal by the Better Malaysia Foundation (BMF), a corporate social responsibility division of Berjaya Corp Bhd (BCorp), is deemed to be unrealistic and not achievable in current challenging property market conditions. She said such superfluous ... Read More

Slimhaus Affordable @ Balik Pulau
A proposed affordable landed housing project by Slimhaus Technology Sdn. Bhd. at Balik Pulau. Located on a 7.2 acres land along Jalan Pantai Acheh, about 10 minutes drive from Balik Pulau town centre. It is only 1km away from Sierra Pinang gated housing scheme, only a mere minutes' drive to SK Sungai ... Read More

SITE PROGRESS: Valencia Residence (May 2021)
SHOW GALLERY 360 VIRTUAL TOUR [View in FULL SCREEN] About Valencia Residence Affordable yet luxuriously comfortable, Valencia Residence nestled within a friendly neighborhood with a myriad of cultures and ethnicities. It is conveniently located with an abundance of nearby amenities which include international schools, hospital, golf course, and malls. With ... Read More

Prominent property consultant Michael Geh passes away of Covid-19 complications
Malaysian property veteran Michael Geh (pictured), president of Fiabci East Asia Multi National Chapter and Raine & Horne International Zaki + Partners Sdn Bhd senior partner, passed away at the Penang General Hospital today. The 57-year-old immediate past president of Fiabci (International Real Estate Federation) Malaysian Chapter has been actively involved ... Read More

How guaranteed are guaranteed rental return (GRR) schemes?
by Datuk Chan Kim Loong GRR schemes sound very attractive, investors need to know they are not as simple as they seem. In fact, they should be approached with as much caution as advertisements for fast weight loss pills, get-rich-quick ventures or striking the lottery. Call them what you like ... Read More

List of parks open or closed during MCO 3.0
Several public parks in Penang will be open throughout the movement control order (MCO) 3.0. State youth and sports committee chairman Soon Lip Chee said in a statement that in line with the latest standard operating procedure, the state government decided that some of the public parks under the supervision ... Read More

New 2-Storey Terrace @ Taman Sungai Dua Utama
The latest addition of 2-storey terrace houses at Taman Sungai Dua Utama in Butterworth. Undertaken by Prima Utara Sdn. Bhd. (a subsidiary of Majestic Group), this development is located next to SK Desa Murni, about 2km away from North-South Expressway Sungai Dua Interchange. Other neighboring housing scheme include Taman Cassa ... Read More

E&O, Kerjaya may consider merging in 5 to 10 years
There are no immediate plans to merge construction services company Kerjaya Prospek Group Bhd and premier developer Eastern & Oriental Berhad (E&O), said the majority shareholder of both companies Datuk Tee Eng Ho. Speaking at a press conference on the change in the board of E&O, Tee however, did not ... Read More

SITE PROGRESS: Granito @ Permai (May 2021)
About Granito @ Permai An affordable housing development by BSG Property in Tanjung Bungah, Penang. It is strategically located next to TAR College, adjacent to 2 Permai luxury residential scheme. This development featuring a 50-storey building with two residential towers and 12 levels of car park. There are 980 units ... Read More

42 road blocks throughout Penang during MCO 3.0
Penang police will mount 42 road blocks throughout the Movement Control Order (MCO) 3.0 period in several districts and sub-districts, beginning today until May 23. Prior to this, only 15 road blocks were mounted at the state's borders. State police chief Datuk Sahabudin Abd Manan said the additional road blocks involved ... Read More
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