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Oct 16 deadline for submission of tenders to build 700 affordable high-rise units in Teluk Kumbar
THE tender to build 694 affordable high-rise units in Teluk Kumbar, Penang, is now open. The project by Penang Develop-ment Corporation Properties Sdn Bhd (PDCP), which is the state government’s construction arm, is open to local contractors for bidding. PDCP chairman Wong Hon Wai said the proposed site for the ... Read More
Second Penang bridge to be ready on Nov 8
The second Penang bridge is scheduled to be completed on Nov 8 as agreed between the concessionaire, Jambatan Kedua Sdn Bhd (JKSB), and the Federal Government. JKSB public relations and communications deputy manager Azizi Azizan said the bridge was initially expected to be completed in September, two months ahead of ... Read More
Pearl Harmoni @ Pearl City
Pearl Harmoni, is strategically located in a self-contained Pearl City township of Simpang Ampat in Southern Seberang Perai. Surrounded by choices of learning institutions, supermarkets, shops, and other facilities. It is mere minutes drive to the North-South Highway, Penang Science Park and the Penang Second Link and Up-Coming Pearl City ... Read More
Company set up by ex-directors and executives of S P Setia plans RM30bil projects
Group to launch various developments on 1,214ha land bank, focusing on Klang Valley, Johor and Penang Eco World Development Sdn Bhd, a company set up by former directors and executives of S P Setia Bhd, is looking to launch projects with a gross development value (GDV) of RM30bil on 1,214ha of ... Read More
QuayWest Residence
QuayWest Residence, a luxury residential development located next to Penang World City in Bayan Mutiara, Penang. This development comprises 1,235 condominium units in two 24-storey towers. The project is completed with CCC obtained in 2022. Tower A offers 669 units with built-ups from 1,246 to 3,222 sq ft, varying from 3-bedroom, 2-bathroom ... Read More
Penang state goverment working with PDC to implement eight housing projects
THE state government together with the Penang Development Corporation (PDC) will carry out eight affordable housing projects, said state Housing, Town and Country Planning Committee chairman Jagdeep Singh Deo. “Three projects will be on the island and five on the mainland. “The projects will provide nearly 20,000 affordable housing units ... Read More
Petrol price rise and migrant raids will increase house prices by up to 10%
People looking to own a house any time soon will have to pay at least 10% more for their dream home, according to developers. They said the increase was due to the double whammy that has hit the construction industry – higher costs of building materials resulting from the 20 ... Read More
House prices increasing due to high costs
Property developers say increasing house prices are due to high compliance and construction costs. They also attribute the rising cost to government agencies, especially local authorities and utility companies, said Real Estate and Housing Developers' Association Malaysia (Rehda) deputy secretary-general (Melaka branch) Datuk Anthony Adam Cho. According to Cho, the ... Read More
Royale Infinity @ Tambun Royale City
Royale Infinity, part of Tambun Royale City development by Jadi Group in Bukit Minyak. It is strategically located along Jalan Perindustrian Bukit Minyak and mere minutes drive to Bukit Tambun PLUS interchange. This development comprises 3 blocks of apartments with unit size ranging from 700 sq ft studios to 1,480 ... Read More
Looking after the affordable housing community
Measures to curb speculation in the property market and cross-subsidisation do not make for a healthy property sector in the medium to long term, according to the Real Estate and Housing Developers’ Association of Malaysia (Rehda). Rehda president Datuk Seri Michael Yam drew attention to the affordable housing segment, which suffers the ... Read More
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- this will become another pacific megamall ...kokoabc on Sunshine Residence
- @RaymondWR Hello, wondering if there is a group chat for owner? Thanks in advance!! ...KY on Waterside Residence
- @Cun Great investment. Soon it will hit over 1M price tag as successful launch of...Alvin on Sunshine Residence
- Thanks for the successful launch of Sunshine central. It looks like sunshine residence soon will...Alvin on Sunshine Residence
- Rich folks and even middle class beware, cash out and bring your money overseas before...Oh nice on HBA opposes reintroduction of inheritance tax, citing unfair burden on property owners
- 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
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- Affordable Housing (Penang Island)
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