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Budget 2015: Housing Sector Highlights
Youth Housing Scheme A new scheme, Youth Housing Scheme, to be introduced with smart partnership between the Government, Bank Simpanan Nasional, Employees Provident Fund and Cagamas: A funding limit for a first home not exceeding RM500,000 for married youth aged between 25 and 40 years with household income not exceeding ... Read More
In Budget 2015 wish list, homebuyers’ group seeks higher price ceiling on urban houses
As property prices in Malaysia's urban centres keep spiralling up, the country's House Buyers Association (HBA) urged the government to raise the cap for affordable housing to RM400,000 in its Budget 2015 today. With places like the national capital and other urban centres like Penang, Johor Baru and the Iskandar ... Read More
New PR1MA scheme likely to be introduced under Budget 2015
Those buying homes under the 1Malaysia People Housing Programme (PR1MA) will save money in a scheme to be introduced under Budget 2015. The scheme, expected to be announced with the Budget tomorrow, will see the Government “subsidising” a portion of the interest rate for the home loans. Details of the ... Read More
Latest Projects Gallery
Check out the most recent proposed developments in Penang, ranging from affordable housing to luxury residences, commercial suites to retail offices. Subscribe and stay updated with our weekly property updates ... Read More
Trehaus
Trehaus, a countryside luxury development at Bukit Jambul Indah by IJM Land, comprises limited units of Condo Villas and Semi-Detached Villas. Perched on elevated ground and embraced by lush greenery, from the Tréhaus you can indulge in the exclusive feeling of having the world literally at your feet. Property Project : Trehaus ... Read More
Customs Dept: GST to have minimal impact on home prices
The Goods and Services Tax (GST) will only have an impact of between 0.5% and 2% on housing prices, assuming there is no change in supply and demand conditions, according to Customs Department GST director Datuk Subromaniam Tholasy. Subromaniam said the worry that the GST would result in drastically higher ... Read More
Webinar: Penang Property Market Trends
by Ken Lim Interested know more about what is actually happening on the ground in Penang's property market? This webinar will covers the market analysis of the Penang residential housing sector and provide the insights about trends, price movement, demand and supply. It is based on the engagement in PenangPropertyTalk.com ... Read More
Help buyers, banks urged
Commercial banks should be roped in to help the poor obtain loans for affordable housing. Penang Housing, Town and Country Planning Committee chairman Jagdeep Singh Deo said the Federal Government should have a ‘speedy’ solution to solve the high number of loan applications which are rejected. Commenting on Urban Wellbeing, ... Read More
Batu Kawan properties? Look at cars. It is also prime for G, G and G.
by Charles Tan I was in Penang last weekend for an important lunch. As I was driving past the second bridge, I noticed that the condition was exactly the same when I drove across it last month and two months before. There were very few cars on the bridge! Ok, ... Read More
Mah Sing to expand further in Penang
Mah Sing Group Bhd which will be launching a new project in Penang, namely The Coastal, on Oct 4 in conjunction with its 20th anniversary celebrations, is keen to expand its land bank in the northern state. Mah Sing Properties Sdn Bhd chief operating officer (COO) Teh Heng Chong said ... Read More
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Latest Projects
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RECENT COMMENTS
- @Ryu The market in Queens is getting slow especially in sale & rental market after...Hee Chan on Marriott International and Ideal Property to launch ‘Marriott’-branded development at Queens Waterfront
- when started viewing and offering ...tamiya on Bayan Suite
- @leeceo You will regret the carpark on level 6. No one would want to buy...pumbaa on Ideal Venice Residency
- @yygg I don't think it will block the whole view, definitely there will be some...pumbaa on Triuni Residences
- @YY Yes. It is really a great house. It's really good for investment. I bought...Hee Chan on Ideal Venice Residency
- @leeceo Congrats Leeceo to get yr dreamhouse. It's good deal.... ...YY on Ideal Venice Residency
- Just pay the deposit 30000RM to ideal +7000RM to Sans and Associate last Tuesday.Manage to...leeceo on Ideal Venice Residency
- @millionaire Do you see any hardsale here? Oh dear..you thought of agent Even Zen6 fully...Ryu on Marriott International and Ideal Property to launch ‘Marriott’-branded development at Queens Waterfront
- @Ryu Good job for AG. The workmanship of the Zen series building here is really...YongShee on The Pier
- @Akunamatata There Bayan suite is going to construct in opposite. It will definitely block the...yygg on Triuni Residences
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Latest Property News
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