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sia-boey-new

Penang’s Sia Boey to be transformed into an urban park

Penang residents will get to enjoy a 2.62-acre worth of public green space in the middle of the city in six months. “We don’t have a proper park in George Town and this space is perfect for a park, for people to rest, go for walks and enjoy the greenery,” ... Read More
mutiara-finance-centre-main

Mutiara Finance Centre

*PROJECT CANCELLED* Mutiara Finance Centre, a newly proposed commercial development by Tropicana Ivory Sdn. Bhd. at Bayan Mutiara. Strategically located along Persiaran Bayan Indah, within the vicinity of Penang World City master-planned development. It is just a mere minutes drive away from Queensbay Mall. This development comprises a 37-storey commercial ... Read More
viluxe-registration

Viluxe Exclusive Registration

The first and only FREEHOLD 2-Storey Premium Terrace in Batu Kawan, near to IKEA Batu Kawan and fronting the 25-acre Central Island Park. LIMITED UNITS with price starting from RM750,000 Only! Viluxe Exclusive Registration on 9th March 2019, 11am to 7pm at Aspen Vision City Sales Gallery, Batu Kawan, Penang ... Read More
psr-ptmp-update

Latest about Penang Airport and pending approvals for PSR and PTMP

Building an airport on one of Penang’s three man-made islands off the southern coast of the state will keep the airport within the state, Chow Kon Yeow said. The Penang chief minister said the administration wanted to keep the airport on the island instead of moving it elsewhere. “It is ... Read More
IKEA Grand Opening

You are invited to the opening of IKEA Batu Kawan!

With eight days away from the opening of IKEA Batu Kawan, the Swedish home furnishing retailer is fueling even more excitement with a slew of in-store activities and unbeatable promotions for its opening weekends. Promising a great day out for the entire family, the retailer is inviting everyone to the ... Read More
extend-hoc

MIEA: Extend HOC 2019 to secondary market please

The Malaysian Institute of Estate Agents (MIEA) has urged the government to extend the incentives offered during the Home Ownership Campaign (HOC) to first-time home buyers looking to buy from the secondary market. “MIEA is very appreciative of the fact that the Finance Ministry has introduced new programmes to stimulate ... Read More
ppr-kg-tok-suboh

Penang turns to rent-to-own schemes to clear long waiting list for public housing

Penang state government will turn some of its low cost housing units into rent-to-own schemes and offer it to those who applied for people’s housing project (PPR) units. Penang state exco Jagdeep Singh Deo said the shortage of PPR units in the state meant the administration had to look for ... Read More
penang-developer-lending

Summary of incentives for homebuyers

For most Malaysians, buying a house is tough. A high upfront payment coupled with a life-long mortgage commitment can be daunting, so it makes sense to take any help you can get to lower the cost of owning a home. Besides the many freebies and promotional packages that property developers ... Read More
affordable-in-penang

Residential Vacancy Rates: Property Overhang and Market Supply

By See Kok Loong Lately, there are several publications such as National Property Information Centre (NAPIC) published on Jan 2019 on the data for 3Q18, the number of unsold homes in Malaysia has reached a new high of 30,115 homes amounted to RM 19.54 billion. (The above figure is the ... Read More
queens-island

Queens Island

Queens Island, a proposed development by Tropical Island Resort Sdn. Bhd. at Jerejak Island (Pulau Jerejak). Located off the eastern coast of Penang Island, approximately 80 acres land on the small island will be redeveloped into a world-class resort and residences. This is a joint venture development between Penang Development Corp ... Read More