The Housing and Local Government Ministry (KPKT) is formulating a tax that could be imposed on developers who fail to sell their properties as early as early next year, in an effort to reduce overhang of residential units in the country. Minister Zuraida Kamaruddin said the introduction of the tax ... Read More

SHOW GALLERY 360 VIRTUAL TOUR [View in FULL SCREEN] About Valencia Residence Affordable yet luxuriously comfortable, Valencia Residence nestled within a friendly neighborhood with a myriad of cultures and ethnicities. It is conveniently located with an abundance of nearby amenities which include international schools, hospital, golf course, and malls. With ... Read More

The Housing and Local Government Ministry will pay compensation for the 24 development projects under PR1MA Corporation Malaysia (PR1MA) that have been cancelled, said Minister Zuraida Kamaruddin. She said the compensation payment depends on the value of the land for the area involved. “Most of the land was purchased by the ministry ... Read More

The Penang government will ensure that only affordable housing units are built on the grounds of a demolished flats in Bandar Jelutong, George Town. State housing, town, country and local government committee chairman Jagdeep Singh Deo said the Mutiara Ria low-cost flats, on which work had only reached two storeys, ... Read More

A proposed new phase of residential development by JSC Land Development Sdn. Bhd. at Taman Perdana in Simpang Ampat. Located on a 6.2 arces land along Jalan Perdana, easily accessible from Butterworth - Ipoh federal road. It is just a stone's throw away from Simpang Ampat Small Medium Industrial Park, about 10 minutes ... Read More

Chief Minister Chow Kon Yeow officially launched the Penang Bay International Ideas Competition at Wisma Yeap Chor Ee in George Town today with the hope that the ideas put forth could be tapped by potential developers to transform Penang Bay. He said the Penang state government, Chief Minister Incorporated (CMI) ... Read More

Developers and consulting engineers found not complying with the requirements of the Erosion and Sediment Control Plan (ESCP) may be given compound notices of up to RM250,000 from Sept 1. Public Works, Utilities and Flood Mitigation Committee chairman Zairil Khir Johari said the stiffer punishment followed the gazetting of amendments ... Read More

The National House Buyers Association (HBA) reminded landlords to be wary of the activities that will be carried out in their premises before renting out their units, reported The Star. HBA honorary secretary-general Datuk Chang Kim Loong stressed that landlords should protect themselves by requesting tenants to sign a written ... Read More

The proposed workers’ quarters project in Juru that was awarded by the Penang Development Corporation (PDC) to Westlite Dormitory (Penang-Juru) Sdn Bhd has been aborted. Replying to a question by a journalist, Chief Minister Chow Kon Yeow said that the project was called off after the company met with strong ... Read More

A proposed development by Premier City Land (M) Sdn. Bhd. at Nibong Tebal. Located on a 10.6 acres land along Jalan Permatang Tok Mahat, next to Taman Seri Emas. This development is only about 5 minutes drive to Engineering Campus of University Science Malaysia, a mere 1km away from Penang-Perak border ... Read More