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More homeowners selling property for cash flow
Malaysia’s property supply growth in the market spiked by 34.53 per cent year-on-year (YoY) and 11.94 per cent quarter-on-quarter (QoQ) in the second quarter of 2021 (Q2 2021), driven by more homeowners selling property for cash flow, according to PropertyGuru’s latest Malaysia Property Market Index (MPMI). In a statement, PropertyGuru ... Read More
UPCOMING: Kubang Semang / Primutiara Development Sdn. Bhd.
A newly proposed mixed development by Primutiara Development Sdn. Bhd. (a subsidiary of Oriental Max Group) at Ara Kuda. Located on 19.5 acres of land along Jalan Ara Kuda, immediately opposite Desa Ara Permai housing scheme by the same company. It is less than 2km away from Penang-Kedah border, about 13km to Kulim Hi-tech Park, ... Read More
Peacock Eco Park is expected to be ready in Penang by December
The construction works of the first-ever aviary or a mini zoo in Penang that specialises in raising peacock is expected to be completed in December this year. Known as Peacock Echo Park, it is located at Taman Kimsar in Prai. Seberang Perai City Council (MBSP) councillor David Marshel said once ... Read More
Property prices not necessarily be affordable post-Covid
Property prices might not necessarily be more affordable post-Covid-19 due to market changes and wage growth, the housing minister said. Housing and Local Government Minister Datuk Zuraida Kamaruddin said the economic crisis brought on by the Covid19 pandemic saw the housing market, labour and financial sectors going through adjustments. As a ... Read More
Developers can now operate during Phase 1 & 2 of NRP
Housing developers will be allowed to operate under Phase 1 and Phase 2 of the national recovery plan effective immediately. In a statement today, the housing and local government ministry said this is applicable to housing developers which have valid housing development licences and advertisement and sales permits (APDL) under ... Read More
Story behind Jalan Batu Perempuan and Jalan Batu Jantan at Air Itam
By Emilia Ismail Jalan Batu Jantan and Jalan Batu Perempuan didn't get their names because someone ran out of ideas to name the roads in Air Itam — the names originated from a "tragic" love story! 😉 Legend has it that two rocks, one male and the other female, located ... Read More
e-Tanah land administration system to be expanded to other states
The e-Land system implemented through a public-private partnership (PPP) arrangement will be expanded to other states after it was proven successful in increasing the quality and efficiency of land administration in Kuala Lumpur. Prime Minister Tan Sri Muhyiddin Yassin (pic) said the system would be expanded to the Federal Territories ... Read More
Golden De’Residence
Golden De'Residence, a proposed residential development by Golden Village Properties Sdn. Bhd. at Seberang Jaya, Penang. Located adjacent to Residensi Permatang Pauh affordable housing along Jalan Permatang Pauh, just a stone's throw away from Butterworth-Kulim Expressway interchange. It is only a 3km drive to Sunway Carnival Mall and about 5 minutes to Butterworth town center ... Read More
More hotels in Penang turned Covid-19 quarantine centres
Several hotels nationwide have put aside their core business and have stepped in to assist the country in its efforts to combat the Covid-19 pandemic by turning their premises into Covid-19 quarantine centres. Just a month ago, two hotels in Penang decided to operate their premises as quarantine centres. They are ... Read More
Vertu Resort – A Resort-inspired Condominium at Batu Kawan
Vertu Resort consists of five stunning towers that are ingeniously designed into two clusters to not only stand apart as an iconic landmark but to also give residents exclusive privacy. The splendour of Vertu Resort can truly be experienced through its extravagant facilities, state-of-the-art security, sustainability features, exquisite layouts and ... Read More
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