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Penang to ban on short-term rentals
The Penang state government will implement the guidelines for prohibiting short-term rentals (homestays)... [READ MORE]
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Airbnb: Proposed new rules would damage Penangโ€™s economic recovery and growth
Penangโ€™s tourism recovery and growth, as well as the livelihoods of everyday Malaysian Hosts, would be gravely affected if the stateโ€™s proposed restrictions on high-rise residential short-term rental accommodation (STRA) is implemented, Airbnb warned today...[READ MORE]
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Butterworth squatters get free homes costing RM60,000 each
More than 300 squatters in Butterworth will receive free homes from the Penang government valued at RM22.4 million as part of a resettlement project...[READ MORE]
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An Extraordinary Residence Beyond Expectations
From air touch elevators to extra spacious secondary bedrooms, you will be pleasantly surprised by the unique features of Anggun Residences at Design Village Batu Kawan, most of which supersede your expectations of a home that offers such amazing value...
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SSB Reverse Mortgage (Skim Saraan Bercagar)
Skim Saraan Bercagar (SSB) by Cagamas is a type of loan for retired homeowners. Through a reverse mortgage, you can generate cash during retirement without sacrificing homeownership. This allows you to continue staying in your family home without repayment during your lifetime...[READ MORE]
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Ion Vivace
An upcoming serviced residence development by Innoceria Sdn. Bhd. near Batu Kawan. It is less than 2km from Bukit Tambun Toll Plaza, about 10 minutes drive to Penang 2nd Bridge...
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Winning their dream homes
With just three simple steps, four individuals walked away with their dream homes. They took part in the โ€˜Vax to Win Campaignโ€™ last year, initiated by Aspen Group to promote Covid-19 vaccination among Malaysians...[READ MORE]
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UPCOMING: Batu Ferringhi / Crescent Consortium Sdn. Bhd.
A proposed luxury residential development by Crescent Consortium Sdn. Bhd. at Batu Ferringhi. Located on a 5.8-acres land along Jalan Batu Ferringhi, next to Bayu Ferringhi Condominiums...
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Simmtech officially opened its new manufacturing facility at Batu Kawan
South Korean semiconductor giant, Simmtech Holdings Inc., through its Malaysia-based subsidiary, Sustio Sdn Bhd, has officially opened its new manufacturing facility in the Batu Kawan Industrial Park (BKIP) today...[READ MORE]
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Government urged to cut red tape and development fees to make houses cheaper
To lower the cost of a house, the government and state authorities need to cut red tape and fees associated with housing developments...[READ MORE]
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BNM increases OPR by 25 basis points to 2.00%
Bank Negara Malaysiaโ€™s Monetary Policy Committee (MPC) has decided to increase the overnight policy rate (OPR) by 25 basis points (bps) to 2.00 per cent...[READ MORE]
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New Esplanade in Penang to be launched on May 13
Penangites will be able to experience the new Esplanade with the completion of its seawall upgrading project...[READ MORE]
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UPCOMING: Bukit Minyak / Thunderflash Realty SB.
A proposed gated and guarded residential development by Thunderflash Realty Sdn. Bhd. at Bukit Mertajam. It offers 65 units of 2-storey terrace and 2 units of 2-storey semi-detached houses.
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Licensed homestays allowed in Penang
Homestays in Penang are allowed to operate as long as they are issued a licence to operate by the Tourism, Arts and Culture Ministry, says Jagdeep Singh Deo...[READ MORE]
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Klippa Shopping Centre and mixed-use development at Batu Kawan
Ikano Centres has officially unveiled โ€˜Klippaโ€™ as the name of its retail destination and mixed-use development, which aims to be the cultural heart and hub for the growing Batu Kawan township...[READ MORE]
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Straits City waterfront development masterplan unveiled
The master plan for the RM3 billion Straits City in Penang, the flagship development by Singapore Exchange-listed The Straits Trading Co Ltd and Malaysia Smelting Corp Bhd (MSC), has been revealed...[READ MORE]
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SITE PROGRESS: Sinaran Residences (May 2022)
Under construction... Serviced apartments at Batu Kawan.
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Suria Apartment
A low-medium cost apartment by PJD Eastern Land Sdn. Bhd. at Harbour Place in Butterworth. Located along Jalan Harbour Place, diagonally opposite Ocean View Residences...
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Penang signs agreement with Rayston on Bagan Ajam coastline reclamation project
Bagan Agam reclamation project must be completed within six years after obtaining the relevant approvals...[READ MORE]
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