THE Penang Development Corporation (PDC) is holding a Request For Proposal (RFP) for a joint development project on a 1.7ha plot at the Sandilands foreshore in Jalan C.Y. Choy. The project will comprise medium-cost apartments, low medium- cost flats and related commercial facilities. PDC was appointed by Chief Minister Incorporated ... Read More

Aeon Seberang Prai City, the largest mall in Bandar Perda, Penang, will be renamed Perda City Mall (PCM) after undergoing asset enhancement works. Work has started on the mall and is expected to finish before Christmas this year. Its owner Northern Mall Sdn Bhd said in a press statement that ... Read More

Vona Sky Condominium, part of Vona Parkcity mixed development by Vona Properties Group in Bukit Gambier, Penang. This project comprises two high-rise tower, a total of 516 condo units with size ranging from 1,100 sq.ft to 1,800 sq.ft. It is strategically located along Jalan Bukit Gambier, next to Jade View ... Read More

Exo Residences, an upcoming condominium with full facility by Exopuri Sdn. Bhd. in Juru, Penang. This is a 31-storey residential building comprises 146 condo units with built-up area ranging from 1,275 sq.ft. to 2,886 sq.ft. It's only a stone's throw away from Juru Auto City, about 5 minutes drive from ... Read More

Banks need to reduce interest rates for low-cost, low medium-cost and affordable housing units, says Penang Town, Country and Housing Committee chairman Jagdeep Singh Deo. “A special rate for this category of home buyers is important as it will assist them in attaining their first home,” he said. Jagdeep said ... Read More

The measures to cool the property market may have weeded out a large part of speculative activities but they have not succeeded in curbing rising prices, says Malaysian Institute of Estate Agents (MIEA) president Siva Shanker. “The number of transactions has come down but prices continue to rise steadily,” he ... Read More

* PROJECT CANCELLED. To be replaced with new plan * The Coastal @ Southbay City, an upcoming mixed development by Mah Sing at Southbay City. This project comprises an office block with 166 professional suites for offices and a block for residential suites with 100 residential units and 12 shop units. The professional ... Read More

The Kew, a high-rise residential development by Leva Group in Minden Heights, Penang. This development comprises 98 condominium units in a single 32-storey tower.  It is strategically located within well-established neighborhoods and just  minutes away from daily amenities. Project Name : The Kew Location : Minden Heights, Penang Property Type : Condominium Total Units: 98 Developer : Leva Group Register ... Read More

Waterside Residence, the first residential tower in The Light Waterfront phase 2 development next to the Penang Bridge. This development by IJM Land would have a single 33-storey tower comprising 256 condominium units. The development has an indicative average price of RM1 million. Property Project : Waterside Residence Location : The Light ... Read More

An increase of 0.25% in the overnight policy rate (OPR) will not have a significant impact on borrowers for low-cost and affordable housing priced between RM45,000 and RM450,000, according to a senior executive of a real estate agency. VPC Realtors (KL) Sdn Bhd director James Wong said tere would only ... Read More