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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
MCO 3.0 will not end tomorrow
The current movement control order (MCO 3.0) will not end as scheduled tomorrow (June 28). This was announced by Prime Minister Tan Sri Muhyiddin Yassin who said the current lockdown, part of Phase 1 of the National Recovery Plan will continue until the threshold value is less than 4,000 Covid-19 ... Read More
Phase 1A of Penang cruise terminal expansion completed
The first phase of the Swettenham Pier Cruise Terminal (SPCT) expansion project has been completed with the berthing area now bigger by about 30%. Penang Port Commission (PPC) chairman Datuk Tan Teik Cheng said besides the solid deck wharf extended 220m towards north of the terminal, the breasting and mooring ... Read More
Understanding real property gains tax
Whether you’re a property investor, an owner simply looking to sell your current home to purchase your dream home or a corporate group engaging in a corporate restructuring exercise, it is important to be aware of all costs associated with a real estate transaction including the real property gains tax (RPGT) ... Read More
Fibre optic cable is now a must for all new housing schemes and buildings
Penang has made the installation of fibre optic cable mandatory for all new housing schemes and buildings in a move to accelerate the development of its telecommunications infrastructure. State Transport and Infrastructure Committee chairman Zairil Khir Johari said Penang has enforced fibre optic installation as a basic utility on par ... Read More
EcoWorld posts strong sales and earnings in 2Q FY2021
EcoWorld announced its financial results for 2Q 2021 yesterday. EcoWorld hits 88% sales target for FY2021 in 7months. Declares 2sen interim dividend. Strong 2Q2021 results with steady sales momentum across all projects. Amidst a challenging backdrop, EcoWorld is encouraged by the strong results achieved with continued steady sales momentum contributed ... Read More
Virtual Tour: M Vista @ Southbay
M VISTA VIRTUAL TOUR [View in FULL SCREEN] M Vista @ Southbay is a low-density development in Penang Island, featuring only 237 units of comfort homes with spectacular views. Strategically located within 5 minutes drive from Penang’s Second Bridge, about 10-minute drive from Queensbay Mall and Penang International Airport. Do not despair if ... Read More
Banks cashed in on Covid-19 relief measures as more Malaysians bought homes, cars in Q1 2021
Lenders cashed in on pandemic relief measures as strong purchases of residential properties and passenger cars helped expand household loans faster in the first quarter, according to data from the World Bank. “Outstanding household loan growth increased to 6 percent in Q1 2021 (Q4 2021: 5.4 percent), mainly driven by ... Read More
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