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More calls for housing goodies from Budget 2017
Matrix Concepts Holdings Bhd (MCHB) is the latest property developer to join the call for more incentives for first time buyers of affordable homes in the upcoming Budget 2017. Although the demand for affordable housing exceeds supply, difficulties in getting financing and unattractive locations have deterred many house buyers from ... Read More
An eye for Penang’s prime locations
Hunza Properties Bhd is undertaking RM1bil worth of projects in strategic locations on Penang island and in Seberang Prai, where the value of properties has risen steadily for the past five to six years. The projects now under construction are the RM600mil Alila 2 in Tanjung Bungah, and the RM400mil ... Read More
Utropolis Batu Kawan open for booking soon!
At the very centre of Penang's new CBD and Lifestyle Hub, Utropolis Batu Kawan is a 44.15-acre self-contained integrated development comprising offices, retail shops, residences, hotel and KDU Penang University College. The commercial component, comprises retail shops/offices, will be opened for booking soon. Register for early bird preview now! Click ... Read More
When will the property market pick up?
At a recent property seminar organised by Asian Strategy & Leadership Institute, several developers and property consultants had a debate predicting when the property market will pick up. Real Estate and Housing Developers’ Association Malaysia (Rehda) patron Datuk Jeffrey Ng Tiong Lip reckoned the residential sector should recover next year ... Read More
Non-landed residences on Penang island outperform landed homes
Non-landed residential projects on Penang island have performed better than landed homes on the island in recent years. There were more non-landed residential projects that recorded a cumulative annual growth rate (CAGR) of above 20% from 1Q2012 to 1Q2016 compared with landed housing projects. Over on the mainland, however, the ... Read More
5 Most Popular Affordable Housing Projects in 2016
Affordable housing is one of the hottest topics in Penang property market these days. As of today, Penang has more than 38 affordable housing projects proposed, 16 out of which are opened for application and registration. The chart below shows the 5 most popular affordable housing projects in Penang, based on the ... Read More
Overnight queues for Eco Bloom launch
Eco World Development Group Berhad (EcoWorld) launched four new projects concurrently under its EcoWorld’s Firsts campaign today. The campaign showcases two new projects in the Klang Valley which are Eco Grandeur and Eco Ardence, one project in Penang, namely Eco Bloom@EcoMeadows and Eco Business Park II (EBP II) in Iskandar ... Read More
Court upholds Appeals Board’s stay order on condo project
A developer has failed in its bid via judicial review to set aside the stay order issued by the Penang Appeals Board on its high-rise project in Pykett Avenue here. A High Court here upheld the decision of the board in the issuance of a stay of implementation of planning ... Read More
Rocky second quarter, slower secondary market
Things have been quiet on the Penang primary property market so far, although the secondary market has seen some activity, albeit slower. “High-end products are struggling but properties below RM700,000 are still okay,” observes Raine & Horne International Zaki + Partners director Michael Geh when presenting the Penang Housing Property ... Read More
Official Launching of Eco Bloom @ Eco Meadows
Have you always wished that your home is from the English architecture designs? Seeing is believing! You are cordially invited to the Official Launching of Eco Bloom on this Sunday (25 September) at EcoWorld Gallery @ Eco Meadows. Eco Bloom, inspired by the scenic pastures of English royalty, is a ... Read More
Weekly Newsletter
Latest Projects
TODAY'S MOST READ
RECENT COMMENTS
- Good Luck to all those first time buyers... LOL ...MajorArches on Early completion of Ideal Residency: PR1MA delivers keys to 20 proud homeowners
- @JC It's not a wise decision to dump all 1M in a same bucket. Lumina...Ryu on Lumina Residence
- @walter Nowadays agent all so kids, how many are them really know about property? Last...honda on Lumina Residence
- @JC If both city views, Lumina will get super hot evening sun, while Queens will...walter on Lumina Residence
- @Puzzled I believe 80% of that 30% are units reserved for BoonSiew. They have this...walter on Lumina Residence
- @Puzzled I'm dilemma of Lumina or Queens residence Q3. I have 1M budget here but...JC on Lumina Residence
- Correct. Ang Mos/expats holding senior position prefer locations that offer a well blend of greenery,...Puzzled on Lumina Residence
- @Ora small issue. the condo market value is approaching 900k now ...chookimhock on The Cube
- @Ora 500k? Daily rob!! Seaview condo!! ...Ryu on The Cube
- @damien I would be more worry if my apartment/house is on or next to hill...Oh nice on SITE PROGRESS: Mezzo @ The Light City (Oct 2024)
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Latest Property News
OTHER DEVELOPMENTS
- Affordable Housing (Penang Island)
- Butterworth Arena
- Columbia Asia Medical Centre
- Eco-Tourism Hub @ Batu Kawan
- Escape Penang – Eco Theme Park
- GBS @ The Waterfront
- GBS by The Sea
- Gurney Wharf
- IKEA Batu Kawan
- Island Medical CIty
- Kobay Jelutong
- Lin Xiang Xiong Art Gallery
- Linear Waterfront
- Mitsui Outlet Park @ PIA
- One Auto Hub @ Batu Kawan
- Penang Arts District
- Penang Eastern Seafront Development
- Penang Medical & Digital Technology Hub
- Penang Premium Outlets (Design Village)
- Penang Sentral
- Penang South Islands
- Penang Transport Master Plan
- Penang Waterfront Convention Centre
- Penang World City
- PIA Expansion
- Silicon Island
- Teluk Bahang Wellness Resort
- The Ship Campus (ALC College)
- The Top @ Komtar
- Wellness City of Dreams