July 2025

Govt plans ‘pay-per-use’ system for affordable housing maintenance fees, says Nga

Monday, 21 Jul 2025 PETALING JAYA: The government is planning to introduce a "pay-per-use" system for maintenance fees in future affordable housing developments, potentially ending the era of constant, expensive monthly fees. Housing and Local Government Minister Nga Kor Ming announced this initiative as part of the ministry’s housing reforms (Reformasi Perumahan). Under the proposed system,...

Property sector forecast to stay strong

Monday, 21 Jul 2025 PETALING JAYA: Despite headwinds this year from US regulations for artificial intelligence chips and tariffs, the local property sector remains resilient, analysts say. Hong Leong Investment Bank (HLIB) Research said high-end residential demand is recovering in the Klang Valley, signalling improving sentiment, while the Urban Renewal Act could unlock new redevelopment opportunities...

SkyWorld unveils Penang’s vertical living era

Eyeing the future: The crowd looking at the layout of SkyWorld Pearlmont during the project’s groundbreaking ceremony in Seberang Perai, Penang. — ZHAFARAN NASIB/The Star BUTTERWORTH: Breaking ground on the nation’s largest affordable housing project under the Rumah Bakat Madani initiative, SkyWorld Pearlmont promi­ses accessible, high-quality high-rise living, along with the nation’s first...

Penang’s Mutiara LRT Line kicks off with road widening, utility works planned at multiple locations

Penang Chief Minister Chow Kon Yeow said the notice to commence work was issued on July 15 by MRT Corporation (MRTC) to the main civil contractor, SRS Consortium Sdn Bhd. — Photo by Hari Anggara Thursday, 17 Jul 2025 GEORGE TOWN, July 17 — Construction works on the Mutiara Line LRT project here are set to begin following the issuance of a notice to commence work. Penang Chief Minister...

SkyWorld acquires Penang land to kickstart RM13 bil affordable housing project

The land, referred to as Parcel 1, is part of a larger 161.5-acre tract located in Bandar Cassia, Seberang Perai Selatan. The site will be developed into Rumah Bakat Baru Madani (RBB) homes, under a joint development agreement between SkyWorld, the Penang Development Corporation (PDC) and its subsidiary PDC Properties. July 09, 2025 KUALA LUMPUR (July 8): SkyWorld Development Bhd (KL:SKYWLD) is...

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