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New Measures to Ease Affordable Housing Application and Development
In an effort to improve the accessibility while stimulating the affordable housing development in Penang, the state government has introduced several new measures to ease the current market situation. Increase in household income ceiling With the hope that more applicants will be able to obtain bank loans, the household income ... Read More
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A retail paradise in the making
With three major shopping malls being planned for Seberang Prai, the mainland will soon rival the island as a shopping paradise. The three malls are The Design Village (net lettable area (NLA) 400,000 sq ft), Ikea and Ikano Power Centre, and unnamed mall project by Belleview Goup (1.5 million sq ... Read More
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Taman Rupawan Emas
Taman Rupawan Emas, a residential development by TAA Housing Development Sdn. Bhd. at Kepala Batas. It's about 5 minutes drive to Sunshine Shopping Mall and the upcoming Tesco in Bertam. This development comprises of a mix of 2-storey semi-detached bungalow houses, with indicative price starting from RM584,000 onward. Project Name: Taman ... Read More
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Developer interest bearing scheme proposed for first-timers
Mah Sing Group Bhd is proposing to the Government to bring back the developer interest bearing scheme (DIBS) for first-time home buyers. The developer is also suggesting a review of the real property gains tax (RPGT) as among several measures to boost the sector. “The property industry has a larger ... Read More
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UPCOMING: Batu Kawan / Paramount Property Sdn. Bhd.
A proposed commercial development by Paramount Property Sdn. Bhd. at Batu Kawan, Penang. It is part of the company's University Metropolis development located located along Persiaran Cassia Barat 3, just a stone's throw away from the upcoming KDU University College. This development will consists of the following components: PLOT 1 ... Read More
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UDA launches nationwide property carnival
UDA Holdings Bhd (UDA) has launched its property carnival U4RIA 2015 to offer prospective buyers a wide array of property products. The property carnival is being held simultaneously across the country by UDA subsidiaries, mainly in the Klang Valley (UDA Land Central Sdn Bhd), the northern region (UDA Land North), ... Read More
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Finally an honest admission – House prices in Malaysia are unaffordable
The National House Buyers Association (HBA) is glad that the research report by Khazanah Research Institute (Khazanah Research) released on Aug 24, 2015 titled “Making Housing Affordable” shows that average house prices in Malaysia are more than four times the median income, which makes such properties to be considered as ... Read More
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UPCOMING: Jalan Baru, Perai / Wern Properties
A proposed 31-storey residential development by Wern Properties in Perai, Penang. This development is strategically located along Jalan Baru, next to The Signature condominium by Excel Focus Properties Sdn. Bhd. It is only within mere minutes drive from Penang bridge. This project is still pending for approval. Details to be ... Read More
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Poor sentiment but prices still holding
Sentiment matters. But there does not seem to be “much documented evidence” that property sales are as bad as painted out to be, according to a few property consultants, some of whom declined to be named. Using figures by the National Property Information Centre (Napic) as well as figures from ... Read More
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HH Galleria
HH Galleria, the commercial component of the mixed development by Aspen Group in Tanjung Bungah, Penang. It is located on a 4.5-acre land between Jalan Chan Siew Teong and Jalan Chee Seng 13, previously occupied by Hong Hong Sdn Bhd. The is a mixed development comprises 4 levels of commercial and retail ... Read More
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- The current Teluk Kumbar New Market also no tenant occupied and go build a new...MajorArches on Construction of the new Teluk Kumbar market complex is expected to begin November
- What the people really need is a hypermarket, lotus/sunshine/giant... not another pasar awam. Look at...Lim on Construction of the new Teluk Kumbar market complex is expected to begin November
- Something wrong with this project liao. Earliest comment is May2024. Seems like someone trying to...WC_ong on Twin Star
- @momo Stay home, don't go out, cars can get you killed too. ...Islander on Penang Island-Mainland rail bridge will be the 2nd sea-crossing rail connection in South-East Asia
- @momo This wont go over a busy sea lane lah u idiot! Hahahaha!! ...Woon on Penang Island-Mainland rail bridge will be the 2nd sea-crossing rail connection in South-East Asia
- The Baltimore Key Bridge collapsed after being hit by a Singaporean flagged Cargo Ship should...momo on Penang Island-Mainland rail bridge will be the 2nd sea-crossing rail connection in South-East Asia
- I very much wanted to see as I'm already. Eager to travel ASAP. ...Sekar subramaniam on Penang Island-Mainland rail bridge will be the 2nd sea-crossing rail connection in South-East Asia
- @Batu Kawan Bay Doesn't really matter where you buy. The price can go up to...Captain Light on Vivo Executive Apartment
- @Penangite Agree with you. This LRT thing has been all talk but no action since...Captain Light on Penang Island-Mainland rail bridge will be the 2nd sea-crossing rail connection in South-East Asia
- @Not AG Everything talk based on fact instead of criticism. If you have bullet then...Hee Chan on Muze @ PICC
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OTHER DEVELOPMENTS
- Affordable Housing (Penang Island)
- Butterworth Arena
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- Kobay Jelutong
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- Linear Waterfront
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