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Lights on at second Penang bridge, to open to traffic soon
The commissioning of power supply to the second Penang bridge has been completed. All the street lights on the 24km-long bridge was lit up during an exercise yesterday. It is understood that the bridge is expected to be completed by Nov 8 and will be opened to the public several ... Read More
Only World Group won open tender to rejuvenate Penang’s Komtar
KOMTAR — arguably Penang’s best known landmark — will be revitalised to become one of the top tourism draws in the state. Chief Minister Lim Guan Eng said the state wanted to bring back the past glory of the iconic tower. “At one time, it was the main shopping centre ... Read More
Budget 2014: Property measures timely
PROPERTY consultants and analysts described the proposed new real property gains tax (RPGT) regime and the removal of the developers interest bearing scheme (DIBS) as both timely and much needed in view of the speculation in the property market of late. All of them agree that the overall budget for the property sector is good and are ... Read More
Budget 2014 Highlights (Property Sector)
(Prime Minister's speech on property sector) Goods and Services Tax (GST) Sale, purchase and rental of residential properties as well as selected financial services are exempted from GST. Increasing Home Ownership The recent sharp increase in the prices of houses has affected the ability of the rakyat to purchase houses ... Read More
Expert: Penang property market speculative in nature
It is not fair to compare property prices in Penang with those in Singapore and Hong Kong, says CA Lim & Co’s principal Lim Chien Aun. “No doubt among the cheapest in the region, Penang, however, is not a financial centre like Singapore and Hong Kong, where there is substantial ... Read More
Property outlook optimistic but cautious: MIER
The Malaysian Institute of Economic Research’s Q3 residential property survey saw its residential property index (RPI) fall to the lowest level in four quarters but still staying above the 100-point demarcation level at 118 points. It said this suggested confidence in property remained, but was trending downwards and implied cautiousness ... Read More
Taman Cassa Maya
Taman Cassa Maya, a gated and guarded housing scheme by Streamsville Sdn. Bhd. within Sungai Dua township in Butterworth, Penang. It is strategically located with easy access to schools, markets and eateries. This development comprises 12 units of semi-detached and 115 units of terrace houses. Streamsville Residence Type: 2-storey Terrace ... Read More
Zeti: No asset bubble, M’sia has addressed many issues, risks related to it
There is no reason to believe that Malaysia has seen the formation of an asset bubble that is about to burst, as the country has addressed many of the issues and risks related to it, Bank Negara governor Tan Sri Dr Zeti Akhtar Aziz (pic) has said in a Bernama ... Read More
Leave RPGT alone, Govt urged
The Federal Government should leave real property gains tax (RPGT) alone in the 2014 Budget. New Bob Group director Dr Lee Ville said that if the RPGT is increased, then it will dampen the property market, which has already started to cool. Lee is also president of ERA Malaysia, which ... Read More
Second Penang bridge ready for use
The second Penang bridge is now 99% complete and the launching date will be determined by the Federal Government some time next month. Jambatan Kedua Sdn Bhd (JKSB) managing director Datuk (Ir) Dr Ismail Mohamed Taib said they hoped to wrap things up by Nov 8. The Batu Maung interchange ... Read More
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- @millionaire Is Queens waterfront near by proposed LRT? Where is the impact to this? Is...Ryu on Penang’s high-end property prices surge amid strong demand and infrastructure boost
- @Ryu Joke or no joke people are professional on property. Believe they have data to...millionaire on Penang’s high-end property prices surge amid strong demand and infrastructure boost
- @rocky Queens waterfront is good? This is really a joke & full with night racing...Ryu on Penang’s high-end property prices surge amid strong demand and infrastructure boost
- “Among the projects that will benefit from the LRT project are the Queens Residences @...rocky on Penang’s high-end property prices surge amid strong demand and infrastructure boost
- @Sam How was the progress afterward? ...Nick on The Cube
- @MajorArches why say like that? i see from overall the project quite nice... ...i love prima on Early completion of Ideal Residency: PR1MA delivers keys to 20 proud homeowners
- @Ashraf Not really far away. Rm740k is unfurnished & renovated. If you engage ID for...chookimhock on The Cube
- @chookimhock Just saw online portals current highest selling price still rm740k only, still far away...Ashraf on The Cube
- Good Luck to all those first time buyers... LOL ...MajorArches on Early completion of Ideal Residency: PR1MA delivers keys to 20 proud homeowners
- @JC It's not a wise decision to dump all 1M in a same bucket. Lumina...Ryu on Lumina Residence
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OTHER DEVELOPMENTS
- Affordable Housing (Penang Island)
- Butterworth Arena
- Columbia Asia Medical Centre
- Eco-Tourism Hub @ Batu Kawan
- Escape Penang – Eco Theme Park
- GBS @ The Waterfront
- GBS by The Sea
- Gurney Wharf
- IKEA Batu Kawan
- Island Medical CIty
- Kobay Jelutong
- Lin Xiang Xiong Art Gallery
- Linear Waterfront
- Mitsui Outlet Park @ PIA
- One Auto Hub @ Batu Kawan
- Penang Arts District
- Penang Eastern Seafront Development
- Penang Medical & Digital Technology Hub
- Penang Premium Outlets (Design Village)
- Penang Sentral
- Penang South Islands
- Penang Transport Master Plan
- Penang Waterfront Convention Centre
- Penang World City
- PIA Expansion
- Silicon Island
- Teluk Bahang Wellness Resort
- The Ship Campus (ALC College)
- The Top @ Komtar
- Wellness City of Dreams