If you’re taking a home loan to buy a property, chances are: you’ll be required to pay for Mortgage Reducing Term Assurance, or MRTA, by the bank as part of your loan arrangement. And if you’re one the tens of thousands of first-time home buyers out there who are wondering why you ... Read More

Tree Sparina, the phase 1 of Ideal Vision Park in by Ideal Property in Bayan Lepas, Penang. This project is strategically located along Jalan Tun Dr. Awang adopting ‘slow-city’ concept that promotes healthy living, environmentally friendly practices, preserving traditional trades and cuisine and, generally, an improved quality of life for ... Read More

GEORGE TOWN: The Penang Municipal Council (MPPP) has launched an investigation into the alleged illegal hill clearing in Bukit Gambier. The council has found traces of tree cutting and landfilling activities. It said an order was issued to stop work immediately after a site visit by MPPP with the state ... Read More

In a bid to alleviate traffic woes on Penang island, five road upgrading projects have been put in place by the Penang Municipal Council. Its Engineering Department deputy director A. Rajendran said that out of the five projects, two had already been completed last year. “The completed projects involved the ... Read More

The Loft @ Southbay City, second phase of Southbay City by Mah Sing Group in Batu Maung, Penang. This development comprises two 30-storey towers with only 78 units in each tower. Each floor has only 3 units and served by two dedicated passenger lifts. Other features: Unique & stylishly design ... Read More

NEW developer Gema Intan Sdn Bhd is set to embark on its first development project early next month in Penang, its managing director Teh Tatt Chin said. Known as Skyview, the mix residential and commercial project will be built on a 1.18ha of land, formerly belonging to temple association Persatuan ... Read More

Straits View Condominium, an upcoming residential project with 3G concept by GTM Group in Sungai Batu, Penang. This gated and guarded community is strategically located off Jalan Sungai Batu, comprises 19 units of landed houses and a 20-storey condominium with facilities. Property Project : Straits View Condominium Location : Sungai Batu, Penang ... Read More

Premium Village @ Juru, another 3G concept development by GTM Group in Juru, Penang. Following the successful sales of Tropicale Residency, GTM will apply similar Gated, Guarded & Green concept in this new project. It is expected to be well received by home seekers looking for a secure and green ... Read More

GEORGE TOWN: The value and volume of construction projects that will be given out this year in Penang should increase by 10%, compared with 2012. Penang Master Builders & Building Material Dealers’ Association president Lim Kai Seng said the first quarter of 2012 was slow for the industry, due to ... Read More

BUKIT MERTAJAM: The long-awaited Penang Sentral project is likely to start in the fourth quarter of this year, says the Northern Corridor Implementation Authority (NCIA). Its chief executive, Datuk Redza Rafiq said NCIA was looking at how to position the project, and work in line with the collaborative engagement model ... Read More