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SJKC Heng Ee (artist impression)

Ideal Property Group gears up for relocation of SJKC Heng Ee

The relocation of SJKC Heng Ee ushered in the latest progress! At present, the new school building is in the process of applying for planning permission and development permit approval. The new site of SJKC Heng Ee is adjacent to SMJK Heng Ee Bayan Baru Branch. This good news has ... Read More
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Penang’s next prime address – Andaman Island by E&O

Long established as one of the most well-known tourist destinations and a booming industrial hub in Malaysia and Southeast Asia, Penang has always been a prime location for homeowners not only because of its vibrant economy but also due to Penang’s strategic air connectivity to many other cities in the ... Read More
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UPCOMING: Bukit Minyak / Frazel Property Sdn. Bhd.

A newly proposed mixed development by Frazel Property Sdn. Bhd. at Bukit Minyak. Strategically located along Jalan Permatang Tinggi, right opposite Eagle & Pagoda Brand Teck Aun Medical Factory. It is just a stone's throw away from Bukit Minyak Industrial Park, with easy access to neighboring townships namely Juru, Bukit Minyak, Kota ... Read More
Penang bridge view

Subsidies and incentives totaling RM55bil will help to stabilise the property market

Despite the welcoming Budget 2023, the Real Estate and Housing Developers Association (Rehda) Malaysia will appeal to the government to consider extending the 75% stamp duty exemption to all buyers which will end on Dec 31, 2023. President Datuk NK Tong said the duty stamp is not just for first-time ... Read More
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SITE PROGRESS: TreeO (Oct 2022)

About TreeO Affordable housing development by Hunza’s wholly-owned unit, Diamaward (M) Sdn Bhd, at Sungai Ara. It is located next to Taman Sungai Ara, about 1.5km away from SJK(C) Chong Cheng. This development comprises three 49-storey towers offering a total 1,240 affordable units. Find out more about TreeO Register your interest here to ... Read More
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New ferries ready by June next year

The Penang Port Commission (PPC) revealed that the construction of new ferries that will serve commuters travelling between Penang Island and the mainland, has been progressing well at two shipyards in Vietnam. PPC chairman Datuk Tan Teik Cheng said the 40 per cent progress on components of the ferry and ... Read More
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SITE PROGRESS: Granito @ Permai (Oct 2022)

About Granito @ Permai An affordable housing development by BSG Property in Tanjung Bungah, Penang. It is strategically located next to TAR College, adjacent to 2 Permai luxury residential scheme. This development featuring a 50-storey building with two residential towers and 12 levels of car park. There are 980 units ... Read More
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Phase One of the Gurney Wharf project to be ready in March 2023

The Priority One (Phase One) of the iconic Gurney Wharf project is expected to be completed in March next year. State Local Government, Housing, Town and Country Planning Committee chairman Jagdeep Singh Deo said the RM200 million project, which is an initiative of the Penang government, has several components. They are ... Read More
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Budget 2023: Housing Sector Highlights

Houses worth from RM500,000 to RM1mil will enjoy an increase in stamp duty exemption from 50% to 75% until Dec 31, 2023. Stamp duties for the transfer of property between families is subject to a stamp duty of RM10. The allocation for building new and renovating houses in rural areas ... Read More
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Penang extends Home Ownership Campaign for another year

State Local Government, Housing, Town, and Country Planning Committee chairman Jagdeep Singh Deo announced that Penang Home Ownership Campaign (HOC 3.0) will be extended for one more year from January 1 to December 31, 2023 to help first-time buyers achieve their home ownership dream and to help developers promote affordable housing. He said the ... Read More