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Prospective buyers no longer need a payslip to apply for a PR1MA housing loan
Prime Minister Datuk Seri Ismail Sabri Yaakob announced yesterday that the self-employed can now apply for loans for the Perbadanan Pr1ma Malaysia Berhad (PR1MA) housing scheme through the Housing Credit Guarantee Scheme (SJKP). He said SJKP — which is fully owned by the Ministry of Finance — allowed greater flexibility for ... Read More
Ascott Gurney Penang – First Ascott-branded serviced residence has officially opened
CapitaLand Investment Limited’s (CLI) wholly owned lodging business unit, The Ascott Limited (Ascott) will be managing Ascott Gurney Penang, the first international-class serviced residence in the state under Ascott’s world renowned luxury Ascott The Residence brand. Ascott Gurney Penang is owned by Plenitude Berhad, a publicly listed company with investments ... Read More
UDA launches Wakaf Seetee Aisah 2
UDA Holdings Bhd (UDA) continues to drive the development of wakaf properties in Penang through the launch of its latest project, Wakaf Seetee Aisah 2. The project, located in Seberang Jaya, is a mixed development on 7.23 acres of land and will provide 611 residential and commercial units. This is ... Read More
SITE PROGRESS: Nusacinta @ Setia Fontaines (Mar 2022)
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
Gurney Walk Penang is now opened
Located along Penang’s famed Gurney Drive, this all-new landmark opens its doors to the public yesterday. Gurney Walk has a vibrant mix of tenants including international brands such as The Coffee Bean & Tea Leaf and Subway, as well as local, home-grown names such as Yin Sourdough, Four Spoons, Cueva and ... Read More
Creative Digital District @ George Town to transform Penang’s digital landscape
The Penang government plans to attract 50 digital companies and create 2,000 high-income jobs in the next three years. Chief Minister Chow Kon Yeow expressed his hopes that these companies would invest, set up their operations, and serve as the anchors of the digital ecosystem in the newly-launched Creative Digital ... Read More
UPCOMING: George Town / Sunrich Capital Sdn. Bhd.
A proposed commercial development by Sunrich Capital Sdn. Bhd. in George Town. Strategically located on approximately 1 acre of land along Jalan Sultan Ahmad Shah, in between Ambank and NSTP building. It is only a mere minute's drive to KOMTAR and Penang's most popular tourist destination - Gurney Drive. This development will see ... Read More
Here’s what you need to know about the proposed Residential Tenancy Act
The Ministry of Housing and Local Government (KPKT) is looking to receive feedback from the public and stakeholders on the proposed enactment of the Residential Tenancy Act (RTA) via the Malaysian Productivity Corp’s (MPC) website. According to the website, the one-month public consultation which begun on January 28,2022 and is ... Read More
SPEC to ensure only qualified individuals can buy affordable homes
The Penang State Government through the Housing Selection Process Enhancement Committee (SPEC) will continue to ensure that ensure only truly qualified individuals can buy affordable homes in the state. State Housing, Local Government, Town and Country Planning Committee chairman Jagdeep Singh Deo said, to date, a total of 69,949 applicants have ... Read More
SITE PROGRESS: The Meg @ Andaman (Feb 2022)
Ahead of the official launch of Andaman and The Meg in March 2022, E&O gave partners from the media the opportunity to enjoy a private preview of the island and its first development. SHOW GALLERY SHOW UNITS About The Meg @ Andaman The first project in Andaman Island, the highly-anticipated prime reclaimed ... Read More
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