GEORGE TOWN: Under the new Penang Heritage Act 2011, owners of heritage sites must first inform the state heritage commissioner in writing before selling the property.The notification must be made in writing 28 days before the sale and purchase agreement is signed.The state heritage commissioner, which is a new position, ... Read More

In general, an individual title is for a property which has its own land and this usually means that the land itself is owned by the house owner. Strata titles are generally for properties in a multi-storey building or a gated community with a master title and this usually means ... Read More

PETALING JAYA: The property market will not be impacted by the recent increase in the overnight policy rate (OPR), said property consultants. Last Thursday, Bank Negara raised the overnight policy rate (OPR) by 25 basis points to 3% and increased the statutory reserve requirement (SRR) by one percentage point to ... Read More

THE Penang Municipal Council (MPPP) may introduce guidelines for private car park operators in the wake of the controversy surrounding the chaining up of car wheels for unauthorised parking.MPPP financial management sub-committee alternate chairman Tan Hun Wooi said they were studying the possibility of drafting the do?s and don?ts for ... Read More

Sunway Cassia, an intimate neighbourhood nicely tucked away in Batu Maung, close to the Second Penang Bridge. Sunway Cassia is a green haven, thoughtfully conceived to offer you a healthy and ecological setting to live and enjoy life. It's a holistic lifestyle perfect for your family. Other Phases: Sunway Cassia ... Read More

GEORGE TOWN: The Middle East luxury yacht builder Gulf Craft is looking at Southeast Asian markets - including Malaysia - as a source for increased revenue. The company's chief operating officer (COO) Erwin Bamps did not discount the possibility of considering Penang as a potential hub for a shipyard in ... Read More

Tropicale Residency is a gated residential development located at Alma, the new heartbeat of Bukit Mertajam, with easy access to Jalan Rozlan and Jalan Kulim. Tropicale Residency is designed with a luxurious lifestyle in 3’G’ neighbourhood; a conceptual and comprehensive development that encompass an area of 45 acres, spreading throughout undulating ... Read More

PETALING JAYA: Bank Negara raised the overnight policy rate (OPR) by 25 basis points to 3% and increased the statutory reserve requirement (SRR) by 1 percentage point to 3%, a move that took most by surprise. The OPR, the benchmark interest rate commercial banks use to calculate their base lending rates ... Read More

A PKR assemblyman, who is in the dark about a major reclamation project in his constituency, has asked the state government to brief the relevant assemblymen on the matter.Sim Tze Tzin (PKR ? Pantai Jerejak) claimed that some 40.4ha in front of the Queensbay Mall coastline would be reclaimed by ... Read More

KUALA LUMPUR: Mutiara Goodyear Development Bhd (Mutiara) is partnering with Tambun Indah Land Bhd (Tambun Indah) to develop a 527-acre land in Seberang Perai. Mutiara via its wholly-owned subsidiary, Pembangunan Bandar Mutiara (PBM) has entered into a joint venture (JV) agreement with Tambun Indah on Wednesday, May 4. The JV ... Read More