The residential overhang in Penang more than doubled to 3,916 units worth RM3.82 billion in 2017 from 1,896 units worth RM1.47 billion in 2016, the Valuation and Property Services Department (JPPH) said in a report. In its “Malaysian Property Market Report 2017”, JPPH said the majority of residential overhangs in ... Read More

The Zen, the latest mixed development by Asia Green at Bayan Mutiara. Strategically located next to Tun Dr. Lim Chong Eu Expressway, just a short drive away from Penang World City integrated development by Tropicana Ivory. This development comprises around 2,000 condominium units in two 46-storey residential towers, 1,200 units of which are categorized under affordable housing. There are also ... Read More

In the last pristine corner of Penang island, a piece of old Penang is being recreated — a township with lush tropical landscapes that soothe and rejuvenate. With spacious grounds for children to freely run and play in, Botanica.CT in Balik Pulau is where one finds absolute peace of mind ... Read More

A building still under construction (Tri Pinnacle) at a site in Tanjong Tokong caught passers-by and motorists off guard after smoke started billowing from the premises. The Bagan Jermal Fire and Rescue Department fire station received a distress call about 5.30pm yesterday on the incident as thick smoke could be ... Read More

Taman Mengkuang Jaya, a residential development by Loyang Ekuiti Sdn. Bhd. at Kubang Semang, Penang. Located next to Taman Seri Mengkuang, accessible via Butterworth Kulim Expressway. It is approximately 20 minutes drive to Kulim Hi-tech park, about 15km away from Penang Bridge. This development comprises 12 units of 3-storey terrace and 71 ... Read More

*This project has already been cancelled* M Parc, a proposed 17-acres freehold industrial development by Mah Sing Group at Permatang Tinggi. Strategically located along Jalan Permatang Tinggi, about 3km to the north-west of Simpang Ampat town. It is close to established industrial parks such as Bukit Minyak Industrial Park and ... Read More

Queens Residences is an on-going waterfront development by Ideal Property Group at Bayan Bay. It is strategically located next to Queensbay Mall, facing Jerejak Island. The project will be developed on the reclaimed land in four phases, comprising more than 2,100 residential units. If you are one of the proud owners ... Read More

The Ministry of Urban Wellbeing, Housing and Local Government must give home buyers the right to be heard before developers are given an extension of time (EOT) to complete a project, the Court of Appeal ruled today. The landmark decision will have far-reaching consequences for homebuyers whose properties are delivered ... Read More

The almost unchanged salary over the years is the reason why many are deprived of the luxury to own a house, said a national association for developers. The Real Estate and Housing Developers’ Association Malaysia (Rehda), which represents the interests of about 1,400 property developers, said there is a need ... Read More

The RM6mil phase 1 of the Sia Boey Rejuvenation Project is expected to be completed in August. During the unveiling of the artist’s impressions of the project, Chief Minister Lim Guan Eng said phase 1 would see the rehabilitation of the Prangin canal, conservation of the old Prangin market and upgrading ... Read More