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landed-penang

Landed properties within Penang island? Hard to go wrong

by Charles Tan Anyone favouring a landed property within the Penang island? With this question, I can see majority putting up their hands but a few would then ask, which part of Penang island? If it’s Greenlane, I can see 10 / 10. If it’s in Sungai Ara, suddenly, half ... Read More
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Penang nine months investments hit RM6b, surpassing all of 2013

Total investments in Penang hit RM6 billion between January and September this year, outpacing RM3.9 billion for all of 2013. Chief Minister Lim Guan Eng, who announced the data at a press conference, said Penang also ranked third among all states for the highest amount of investments. “Last year, Penang ... Read More
711549.rejected

Is Your Home Loan Rejected? It Could Be Due To These Reasons

You’ve found your dream home and are already imagining yourself serving dinner in a top-of-the-range kitchen. However, before you start picking your wall colour, consider the possibility of your home loan not being approved. Today’s home loan application and approval process can be tedious, with so many possibilities of issues ... Read More
eob_current_stp2_1

E&O gets nod for STP2 reclamation works

Lifestyle property developer Eastern and Oriental Bhd (E&O) has obtained approval to proceed with reclamation works for phase 2 of its Seri Tanjung Pinang (STP2) development here. In an announcement to Bursa Malaysia yesterday, the company said a letter dated November 25 was received on December 5 from the State ... Read More
Second Penang Bridge Lures More Investors To Mainland

Second Penang Bridge Lures More Investors To Mainland

The Penang state government has acknowledged the importance of the Sultan Abdul Halim Muadzam Shah Bridge as more firms on the island express interest in expanding their operations to the mainland. Chief Minister Lim Guan Eng said more high-tech manufacturing firms from the United States (US) and the European Union ... Read More
parkville-balik-pulau

ParkVille @ Balik Pulau

ParkVille @ Balik Pulau, a low-density gated and guarded development by Emerald Capital Group in Balik Pulau, Penang. This development comprises 67 units of 3-storey terrace & bungalow, semi-detached villa and condo villa. It is only mere minutes drive from Balik Pulau town center. Most units are north & south facing, ... Read More
Property prices in Seberang Perai are still within an affordable range of between RM250,000 and RM500,000 for double-storey terrace homes.

GST on high-rises will hit one million in Penang

Over a million residents here will be affected if the goods and services tax (GST) is imposed on management fees for apartments and condominiums, said Penang Chief Minister Lim Guan Eng. He said all management and maintenance fees for buildings with strata titles, including low- and low-medium cost flats, will ... Read More
The Penang transport Master Plan is set to improve accessibility and spur further gains in the state’s vibrant property market, according to AmResearch.

Penang’s RM27bil impact, property companies to benefit from masterplan

Major construction and property players with projects in Penang are set to be major beneficiaries of the state government’s RM27bil transport masterplan. The Penang Transport Master Plan (PTMP) is set to improve accessibility and spur further gains in its vibrant property market, said AmResearch in a report yesterday, adding that ... Read More
http://www.nst.com.my/node/58922

Penang property developers cautious

Penang property developers will adopt a “wait-and-see” approach in rolling out new property projects next year in view of various factors, including rising power costs, fuel subsidy cuts and house buyers’ cautious stance. The Real Estate and Housing Developers Association (Rehda) has expressed concern over bureaucratic red tape involved in ... Read More
senjayu-jawi

Senjayu @ Jawi

Senjayu @ Jawi, an upcoming 70-acre mixed development by IJM Land in Jawi, mainland Penang. Strategically located next to the entry point of the Jawi toll, about 12 minutes drive to the south of Penang Second Bridge. The residential component of this development consists of: Phase 1: Senjayu Terrace - 2-storey ... Read More