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Penang to decide on proposal to revise density guidelines soon
The Penang state government will soon make its decision regarding a proposal to revise the current density guidelines to 128 units per acre in order to provide more affordable housing in the state. Penang State Exco for Housing and Town & Country Planning Jagdeep Singh Deo said the proposal to ... Read More
Penang opts for costlier elevated LRT system, less social impact
Penang state government has decided to build a RM4.8 billion elevated light rail transit (LRT) system in the state, rather than have a tram system, as part of the RM46 billion Penang Transport Master Plan (PTMP). This is to avoid associated costs of relocation of utilities, land acquisition and social ... Read More
Penang property market immediate outlook challenging, says Knight Frank Malaysia
The immediate outlook of Penang’s property market will be challenging amid difficulties in the global and national economic environment, said property services firm Knight Frank Malaysia in its latest report. In its Real Estate Highlights report, the firm noted that the total volume of transactions for all sectors in Penang ... Read More
UPCOMING: Bayan Lepas / Ideal Green Resources
A proposed mixed development by Ideal Green Resources (Ideal Property Group?) at Bayan Lepas, Penang. It is strategically along Jalan Sultan Azlan Shah, adjacent to Ideal Vision Park. This development comprises six parcels, featuring a mixed of commercial and residential properties including affordable housing: Parcel A: 7-storey shop offices Parcel B: 40-storey low cost housing ... Read More
20 Projects With Highest Pageviews From Singapore
We have published reports on the most active projects in Penang. Do you wondering how many of those pageviews are from foreign countries? Singapore is the third highest source of visitors to PenangPropertyTalk.com after Penang and Kuala Lumpur, with more than 24,000 visits in second quarter of 2016, representing approximately 6% of the total ... Read More
UPCOMING: Teluk Bahang / Eureka Prima Sdn. Bhd.
A proposed mixed development by Eureka Prima Sdn. Bhd. at Teluk Bahang. Strategically located along Jalan Teluk Bahang, about 1km away from Hard Rock Hotel and Tropical Spice Garden. The upcoming development will features a mix of serviced apartments, shoplots and hotel, to be developed in multiple phases. Phase 1: ... Read More
Joint ownership, an easier way to own a house?
Securing a mortgage to buy a house is not easy these days as financial institutions continue with their tight lending policies. But your chances of getting the loan approved may be higher if you buy a property through joint ownership. Indeed we are seeing more people buying properties as joint ... Read More
Penang government reviewing developers contribution cost
The Penang government is at the tail end of reviewing contribution costs imposed on developers to bring down development costs so the savings are passed on to the public. State Housing, Town and County Planning Committee chairman Jagdeep Singh Deo (pix) said discussions with the local government and relevant authorities ... Read More
Penang mulls cap on pre-war building rental hikes to 20% over 4 to 5 years
Penang is mulling a cap on rental hikes in pre-war buildings to 20% over a period of four to five years, in contrast with more exorbitant hikes of 100% to 200% observed in recent times, said Penang chief minister Lim Guan Eng at the Penang International Property (PIP) Summit conference ... Read More
The Waterside Residence condo set for October launch
IJM Land Bhd, the property development arm of IJM Corp Bhd, will be launching the Waterside Residence condominium project in Penang, with an estimated gross development value (GDV) of RM240 million, this October. “The Waterside Residence is part of The Light Waterfront phase 2 which has a GDV of RM6.5 ... Read More
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- 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
- @AG sucks I knew that. Even this name "Ryu" is also he copied from others....millionaire on Penang’s high-end property prices surge amid strong demand and infrastructure boost
- @AG sucks Complicated. Plenty of name already miss use without control. We don't know which...Steve on Penang’s high-end property prices surge amid strong demand and infrastructure boost
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