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Real Property Gains Tax exemption causing confusion

The proposed Real Property Gains Tax (RPGT) exemption for Malaysian property owners has caused confusion among those intending to sell their property as the new rates have yet to be gazetted. National House Buyers Association (HBA) honorary secretary-general Datuk Chang Kim Loong said because of this, property sellers were not able ... Read More
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UPCOMING: Butterworth / SY Ong Architect

A small landed residential development proposed by SY Ong Architect at Bagan Jermal in Butterworth. Located along Jalan Melur, this development is only a mere minutes drive to Econsave and Tesco Bagan Ajam. It is surrounded by an abundance of amenities with easy access via Jalan Raja Uda. While it ... Read More
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QuayWest Residence – Buy now and save up to RM380k!

Fronting the scenic waterfront of Persiaran Bayan Indah near Queensbay Mall, with sparkling azure seas and sandy beaches as your neighbour, life here will a wonderful microcosm of endless choices. Within the development’s twin 24-storey towers are 1,235 units; available units sized between 1,219 sq ft to 2,013 sq ft, ... Read More
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Several initiatives under Penjana to rejuvenate property market

The Government through the National Economic Recovery Plan (Penjana) 2020 has lined up several initiatives to rejuvenate the property market and address the lack of affordable housing particularly for the youth. According to the Ministry of Housing and Local Government, the initiatives included home ownership campaign (HOC) 2020 whereby housing ... Read More
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Penang draws RM6.8 bil investments, 4,035 jobs to be created

Penang has again topped the list of approved manufacturing foreign direct investments (FDI) for the first quarter of this year (1Q2020). The state recorded a promising RM6.8 billion in approved manufacturing FDI for the period of January to March this year. Last year (the entire year), Penang took pole position in ... Read More
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Property outlook remains challenging

The outlook of the property sector remains challenging for the next one year with most developers still assessing the economic situation and deliberating whether to continue or defer future launches. AmResearch said this in a report to clients adding that it believed that consumer sentiment remains weak for the time ... Read More
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Beverly Heights – An Epitome of Prestige & Privacy

Embraced by pristine forest, a whisper away from the hustle and bustle of city life lays Beverly Heights, your sanctuary within the bold coupling of in-vogue contemporary lifestyle and unsurpassed livability. Nestled within a serene 4.1 acre hill land of lush greenery on an elevation of 110m above sea level, ... Read More
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Penang to launch public housing regeneration project

The Penang government plans to regenerate aged public housing schemes in the state to cater to current needs. State Local Government, Housing Development and Town and Country Planning Committee chairman, Jagdeep Singh Deo, said five housing projects have been identified for the regeneration exercise. They are Padang Tembak, Taman Free ... Read More
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SITE PROGRESS: Eco Horizon (July 2020)

About Eco Horizon a 300-acre integrated mixed-development township by EcoWorld at Batu Kawan, said to be the largest scheme undertaken by a single developer. It is strategically located right opposite the upcoming IKEA, off the primary interchange linking the Second Penang Bridge to the North-South Highway. Find out more about Eco ... Read More
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Movable property were confiscated for failing to clear maintenance fees

Two residential units in a condominium near Batu Feringghi today received a warrant of detention of movable property from Penang Commissioner Of Building (COB) for Penang City Council (MBPP). Penang COB Director, Sr. Nik Ariff Long Dir said, the warrant was issued in accordance with Section 35, Strata Management Act ... Read More