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New EPF initiative won’t have significant impact on property sector
Despite lower contributions to Akaun Sejahtera following the Employees Provident Fund’s (EPF) latest initiative, analysts are of the opinion that it won’t have a significant impact on the property sector. Economists said this was because Akaun Sejahtera, formerly known as Account 2, only saw a decrease of 5% in contributions, ... Read More
PDC and TNB collaborate to strengthen infrastructure readiness
Penang Chief Minister Chow Kon Yeow expressed his hopes for the Penang Development Corporation (PDC) to continue collaborating with state and federal government agencies to create an environment conducive to the industrial ecosystem. He aims to ensure the development of more industrial parks equipped with high-quality infrastructure, positioning Penang at ... Read More
SITE PROGRESS: Iconic Regency (Apr 2024)
About Iconic Regency A mixed development by Iconic Development Sdn. Bhd. at Sungai Nibong. Strategically located along Jalan Sultan Azlan Shah, next to SK Sungai Nibong. It is only 10 minutes walk to two future LRT Stations – Sungai Nibong & Pesta Stations. Featuring a 42-storey serviced suites with 268 fully furnished ... Read More
TTM Technologies opens RM958m plant in Penang
Printed circuit boards (PCBs), radio frequency (RF) components and RF microwave/microelectronic assemblies manufacturer TTM Technologies Inc has opened its first large-scale plant in Southeast Asia in the Penang Science Park here. The state-of-the-art facility, built on 10.9 hectares of land in Simpang Ampat, currently employs more than 75 engineering and ... Read More
Buy your dream home and drive away with a Tesla!
Indulge in the epitome of luxury living at Ferringhi Residence 2, nestled in the serene enclave of Batu Ferringhi. With prices starting from RM7XXk*, immerse yourself in a world of sophistication and tranquility. Set against a backdrop of breathtaking scenic views, this lavish sanctuary promises an unparalleled experience of comfort ... Read More
SITE PROGRESS: Nusacinta @ Setia Fontaines (Apr 2024)
About Nusacinta @ Setia Fontaines The second residential component to be launched in the 1,675-acre Setia Fontaines master-planned township development by SP Setia. This will be the first gated residential precinct located next to the 63-acre man-made lake with a musical fountain. It comprises a total of 294 landed residential units, offering a few types of landed houses ... Read More
IJM Bayouri
IJM Bayouri, a 70-acre freehold township development by Chen Yu Land Sdn. Bhd. (a subsidiary of IJM Land) at Nibong Tebal. Strategically just a stone's throw away from the entry point of Jawi toll, about 12 minutes drive to the south of Penang Second Bridge. It is within close proximity to ... Read More
Full lane closure at LCE Expressway and contraflow towards Penang Bridge
There will be a full lane closure and traffic diversion on the Tun Dr Lim Chong Eu Expressway heading towards the Penang Bridge, starting tonight. The closure will affect Line M, from CH 1.1 to CH 1.9, particularly around The Light area. All four lanes heading towards the Penang Bridge ... Read More
Iconic soft-launches Iconic Harmony in Bukit Mertajam
Iconic Worldwide Bhd's wholly-owned unit Iconic Maison Sdn Bhd eyes over 70 per cent take-up rate of its newly-launched residential development, Iconic Harmony, with RM300 million gross development value (GDV) due to strong demand from buyers. Iconic Worldwide executive chairman Datuk Seri Tan Kean Tet said the project has garnered ... Read More
Part of Penang 2nd Bridge to be closed from tomorrow
Part of the Sultan Abdul Halim Mu’adzam Shah Bridge (JSAHMS), from KM12.5 to KM18.5, will be closed from Tuesday to Thursday for cable inspection work. Jambatan Kedua Sdn Bhd (JKSB) said the closure will start from 9am until 5pm throughout the three days and that the contra flow lane will ... Read More
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