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Only 1% of Malaysian property owned by foreigners
Foreigners do not own more than one percent of property in Malaysia, revealed Housing and Local Government Minister Zuraida Kamaruddin. Zuraida said that in March 2014, the government had imposed a RM1 million minimum property purchase price for foreigners. She noted that the state government has the right and power ... Read More
Penang Transport Master Plan to go on
The first phase of the Penang Transport Master Plan (PTMP) will proceed as planned, the state legislative assembly heard today. Datuk Keramat assemblyman Jagdeep Singh Deo said all infrastructure projects under Phase One of PTMP will proceed after obtaining the relevant approvals. The state local government and housing development committee ... Read More
Hot Air Balloon Carnival @ Setia Fontaines (17 & 18 Nov)
Be the first to discover the new 1,675 acres mega township by S P Setia - Setia Fontaines, from 70ft above ground. Save the date and join the Hot Air Balloon Carnival at Setia Fontaines (Project site) on 17 & 18 November 2018. Event Date: 17 & 18 Nov 2018 ... Read More
Property Crowdfunding Explained – First home buyer
Want to know more about the peer-to-peer home financing scheme announced in Budget 2019? By using FundMyHome scheme as an example, here we have extracted the summaries of key points by Malay Mail below: What is it in a nutshell? Quite simply, FundMyHome allows a person to buy a home ... Read More
Proper studies needed on property crowdfunding
The government has good intentions in introducing the property crowdfunding initiative, the first such financial innovation in the world, but proper studies need to be carried out, said the Council of Eminent Persons chairman Tun Daim Zainuddin. He said the peer-to-peer (P2P) home financing initiative, announced by Finance Minister Lim ... Read More
Runnymede Bay
Runnymede Bay, an upcoming 5-acre seafront development by Runnymede Group in the prime business district of George Town, Penang. It is strategically located along the vibrant Jalan Sultan Ahmad Shah (Northam Road) nestled along Penang's famous Millionaire's Row, just a block away from the E&O Hotel. Designed by Kerry Hill Architect ... Read More
UPCOMING: Kubang Semang / Venice Trend Sdn. Bhd.
Yet another new residential development proposed by Venice Trend Sdn. Bhd. at Kubang Semang, a township near the state border of Penang-Kedah. It is located on a 4.5-acres land near Jalan Mengkuang Keretapi, less than 5km away from the state border. For those who are working at Kulim, it will only ... Read More
Budget 2019: Not enough to kick-start’ subdued property market
The measures announced in Budget 2019 will not be enough to "kick-start" the already subdued property and housing market, said property experts. "The measures for the property sector are too small to affect the market in any way. The market is already subdued, already slow. Overall, I don't think there ... Read More
Own a home with just 20% of the house price
Homebuyers under the FundMyHome scheme not only has the opportunity to own a home at only 20% of the house price but could also tap the robust property market to enjoy investment return, said The Edge Group Chairman Datuk Tong Kooi Ong. The innovative and inclusive homeownership scheme developed by ... Read More
Budget 2019: Property crowdfunding platforms for first-time home buyers
The government will allow the setting-up of property crowdfunding platforms which will serve as an alternative source of financing for first time homebuyers, said Finance Minister Lim Guan Eng yesterday. The first exchange is expected to go live in the first quarter of 2019, after all necessary approvals are obtained ... Read More
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- Nothing wrong with rubber tires. They were used in many metro systems in the world....Koh SK on Penang LRT construction to start in December
- @Dennis agree. Some of them quite a joker here. Psychology talked won't be working in...Ryu on Penang’s high-end property prices surge amid strong demand and infrastructure boost
- Rubber tyred type? ...Helmi on Penang LRT construction to start in December
- Absolutely nonsense. That's so many unsold unit & yet developer sales personal trying to boost...Dennis on Penang’s high-end property prices surge amid strong demand and infrastructure boost
- Finally, a pipe dream coming true! Just hope that the project is successfully executed as...I❤LRT on Penang LRT construction to start in December
- Need PIA expansion to start soon too. Earlier announcement said to start in September 2024....Penangite on Penang LRT construction to start in December
- LRT or no LRT does not matter, no sane person is going to take LRT...Oh nice on Penang’s high-end property prices surge amid strong demand and infrastructure boost
- @I❤LRT As of now, rush hour traffic along main road of Tanjung Tokong is really...rocky on Penang’s high-end property prices surge amid strong demand and infrastructure boost
- @millionaire Talk based on data. Check the Google review of Queens vs AG review. No...Ryu on Penang’s high-end property prices surge amid strong demand and infrastructure boost
- simply say to boost sales~~ ...penang siao kia on Penang’s high-end property prices surge amid strong demand and infrastructure boost
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