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Actual sale of residential properties declining
PETALING JAYA: The residential property market may be cooling down in terms of actual sales due to credit-tightening measures by banks, according to real estate consultants and Bank Negara data. Bank Negara's website showed loan approvals' percentage for residential properties in the country declined to 46.8% in the first half of this ... Read More
The resurrection of Sungai Pinang
SUNGAI PINANG can only be filth-free if Penangites stop treating it as a rubbish dump. The fishing community that has lived by the river bank for decades are upset that their home has been used as a dump for years. Welcoming reports that the river would be devoid of garbage ... Read More
Strictly for nature lovers
PENANG will soon offer a different kind of hotel stay experience for those who yearn to be closer to nature — hotel rooms perched on trees. Believed to be the first of its kind in Asia, the ‘Treetops Hotel’, which is part of the Escape Theme Park in Teluk Bahang, ... Read More
Boom time for quiet town
PROPERTY developer DNP Land Sdn Bhd is set to transform quiet Alma town near Bukit Mertajam into a vibrant place with modern facilities. Its senior marketing manager Joe Ang Kean Joo said the area, which used to be an oil palm estate, was fast becoming a preferred location for residential ... Read More
Property groups want real property gain tax to remain status quo
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
House price hike likely
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
Govt aims for affordable housing for middle-income group
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
Extra police patrols to watch over vacant homes
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
Efforts to curb property speculation
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
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
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- @Ora small issue. the condo market value is approaching 900k now ...chookimhock on The Cube
- @Ora 500k? Daily rob!! Seaview condo!! ...Ryu on The Cube
- @damien I would be more worry if my apartment/house is on or next to hill...Oh nice on SITE PROGRESS: Mezzo @ The Light City (Oct 2024)
- @Ryu Ya, agree with you that normally seafront coastline properties will get hit in a...damien on SITE PROGRESS: Mezzo @ The Light City (Oct 2024)
- @KC I heard my friends said he bought the zen paying 500+k and the unit...Ora on The Cube
- @damien Why worry? I have many house. Later repair. No problem. Seafront coastline is normal...Ryu on SITE PROGRESS: Mezzo @ The Light City (Oct 2024)
- @Oh nice Haha, not worried, just saying. According to disaster dept analysis, during the recent...damien on SITE PROGRESS: Mezzo @ The Light City (Oct 2024)
- Gonna be Batu Kawan Landmark. Muze in Batu Kawan ...Jenn Kim on PROPOSED: 54-Storey serviced residence @ Batu Kawan
- @damien why you worry, storm here, unlike hurricane or typhoon elsewhere, does not kill....... ...Oh nice on SITE PROGRESS: Mezzo @ The Light City (Oct 2024)
- Not sure why people still questioned PDC. The plots of land there were sold to...Wan on PROPOSED: 54-Storey serviced residence @ Batu Kawan
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