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Penang’s next prime address – Andaman Island by E&O
Long established as one of the most well-known tourist destinations and a booming industrial hub in Malaysia and Southeast Asia, Penang has always been a prime location for homeowners not only because of its vibrant economy but also due to Penang’s strategic air connectivity to many other cities in the ... Read More
UPCOMING: Bukit Minyak / Frazel Property Sdn. Bhd.
A newly proposed mixed development by Frazel Property Sdn. Bhd. at Bukit Minyak. Strategically located along Jalan Permatang Tinggi, right opposite Eagle & Pagoda Brand Teck Aun Medical Factory. It is just a stone's throw away from Bukit Minyak Industrial Park, with easy access to neighboring townships namely Juru, Bukit Minyak, Kota ... Read More
Subsidies and incentives totaling RM55bil will help to stabilise the property market
Despite the welcoming Budget 2023, the Real Estate and Housing Developers Association (Rehda) Malaysia will appeal to the government to consider extending the 75% stamp duty exemption to all buyers which will end on Dec 31, 2023. President Datuk NK Tong said the duty stamp is not just for first-time ... Read More
SITE PROGRESS: TreeO (Oct 2022)
About TreeO Affordable housing development by Hunza’s wholly-owned unit, Diamaward (M) Sdn Bhd, at Sungai Ara. It is located next to Taman Sungai Ara, about 1.5km away from SJK(C) Chong Cheng. This development comprises three 49-storey towers offering a total 1,240 affordable units. Find out more about TreeO Register your interest here to ... Read More
Penang Affordable Housing Expo offered 832 affordable homes
A total of 832 affordable homes were offered at the Penang Affordable Housing Expo 2022 at Prangin Mall in George Town. Organised by the Penang Housing Board, the three-day expo ended yesterday night at 8pm. Several renowned property developers, such as M Summit Corporation, Solaris Prestasi Sdn Bhd, Scientex (Skudai) ... Read More
New ferries ready by June next year
The Penang Port Commission (PPC) revealed that the construction of new ferries that will serve commuters travelling between Penang Island and the mainland, has been progressing well at two shipyards in Vietnam. PPC chairman Datuk Tan Teik Cheng said the 40 per cent progress on components of the ferry and ... Read More
SITE PROGRESS: Granito @ Permai (Oct 2022)
About Granito @ Permai An affordable housing development by BSG Property in Tanjung Bungah, Penang. It is strategically located next to TAR College, adjacent to 2 Permai luxury residential scheme. This development featuring a 50-storey building with two residential towers and 12 levels of car park. There are 980 units ... Read More
Phase One of the Gurney Wharf project to be ready in March 2023
The Priority One (Phase One) of the iconic Gurney Wharf project is expected to be completed in March next year. State Local Government, Housing, Town and Country Planning Committee chairman Jagdeep Singh Deo said the RM200 million project, which is an initiative of the Penang government, has several components. They are ... Read More
Budget 2023: Housing Sector Highlights
Houses worth from RM500,000 to RM1mil will enjoy an increase in stamp duty exemption from 50% to 75% until Dec 31, 2023. Stamp duties for the transfer of property between families is subject to a stamp duty of RM10. The allocation for building new and renovating houses in rural areas ... Read More
Penang extends Home Ownership Campaign for another year
State Local Government, Housing, Town, and Country Planning Committee chairman Jagdeep Singh Deo announced that Penang Home Ownership Campaign (HOC 3.0) will be extended for one more year from January 1 to December 31, 2023 to help first-time buyers achieve their home ownership dream and to help developers promote affordable housing. He said the ... 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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