PETALING JAYA: The real property gain tax (RPGT) revision which had been one of the highlights of Budget 2012, should be either reverted or adjusted based on proper understanding of the market situation, according to property sector associations. Real Estate and Housing Developers Association Malaysia (Rehda) revealed in its Budget ... Read More

Penang properties said to increase 5%-10% due to more costly cement GEORGE TOWN: The selling price of properties in Penang will soon surge by 5%-10% following the recent move by Lafarge Malayan Cement to raise cement prices by about 6%, according to housing developers here. Following Lafarge's announcement, a 50kg bag ... Read More

PETALING JAYA: Housing and Local Government Minister Datuk Seri Chor Chee Heung said the housing needs of the middle-income group, which formed more than 40% of the community, must be addressed and hoped that the 1Malaysia People's Housing Scheme (Prima) announced last year would progress speedily. Low cost housing is capped at ... Read More

ALL the OCPDs in Penang have been instructed to form special teams to patrol residential areas where there are houses that will be left vacant when the occupants balik kampung for Hari Raya Aidilfitri. State deputy police chief Senior Asst Comm Datuk Abdul Rahim Jaafar said that the police wanted to stop ... Read More

THE government will initiate measures to address various issues gripping the property sector, including curbing rampant speculative activities in the market. Housing and Local Government Minister Datuk Seri Chor Chee Heung said he would present to the cabinet findings of an industry meeting which could be used to come up ... Read More

Jambul Heights, a low density residential development by Aurora Properties Sdn. Bhd. This condominium is strategically located within the established township of Bukit Jambul, Penang. Comprises 62 condo units with built-up area from 1,221 sq.ft. onwards. Spacious layout with 3 bedrooms and 3 bathrooms, and comes with 2 car parks ... Read More

LATELY, there have been many ongoing discussions on the topic of high property prices. It made me ponder on the various causes that might have contributed to the situation, including the question of whether developers are making too much. As I took a sip of tea, many thoughts came to ... Read More

GEORGE TOWN: Thousands of residents in low-lying areas were hit by an early morning flood after a downpour that started at 3am. Parts of Jalan P. Ramlee, Jalan Sungai Pinang, Jalan Patani, Jalan Air Itam and Jalan Datuk Keramat were flooded. The water level was knee-deep in some areas, and ... Read More

Kobay Jelutong, an upcoming mixed development by Kobay Properties Sdn Bhd strategically within Jelutong township in Penang.  This project comprises shopping mall, shop lot, SOHO towers, apartment as well as a low medium cost apartment. This project is currently in planning  stage and it is yet to be confirmed. Please ... Read More

27 Green Terraces, located in Ghee Hiang Gardens, within the established township of Gelugor, Penang. This is a freehold residential development by Six Eleven Assets Group comprises 27 three-storey family homes built to the highest standard of quality and with style. Each unit comes with a modern, contemporary design that ... Read More