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penang island

Penang property market sees improvement

(This is one of the latest valuable insights from the prominent property consultant the late Michael Geh) The Malaysian property market seems to be gradually recovering from the turmoil caused by the Covid-19 pandemic, with more transactions being recorded. In Penang, the property market trended upwards in 2H2020, which saw 9,936 ... Read More
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DOE yet to receive environmental management plan for Penang South Reclamation project

The Department of Environment (DOE) has yet to receive the Environmental Management Plan (EMP) for the Penang South Reclamation project in the southern waters of Penang (PSR) based on the original order, said its director-general Norlin Jaafar. She said the department had not received the EMP based on the original ... Read More
pinang-perdana

Pinang Perdana

Pinang Perdana, a residential development by Saluran Melodi Sdn. Bhd. in George Town, Penang. Located on a ~0.6 acre land along Jalan Makloom, adjacent to Subaru Sales and Service Center at Sungai Pinang. It is just a stone's throw away from the Beacon Executive Suites, about 5 minutes drive to Penang Times Square. The ... Read More
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SITE PROGRESS: Vivo Executive Apartment (May 2021)

About Vivo Executive Apartment A serviced apartment within Aspen Vision City township development at Batu Kawan. It is strategically located next to the upcoming Integrated Shopping Mall, walking distance to the Central Island Park. The units will be built complete with communal co-sharing working space and a social kitchen to support ... Read More
proposed-affordable-by-morning-dew-development

AFFORDABLE: Jelutong / Morning Dew Development Sdn. Bhd.

A newly proposed affordable housing development by Morning Dew Development Sdn. Bhd. at Jelutong. Located on a 2-acre land along Lorong Perak, diagonally opposite Sri Wonder Complex. It is about 10 minutes walking distance to both SJK(C) Sum Sun and SJK(C) Beng Teik. Surrounding highrise residential include 86 Avenue Residences, Sri Wangsa 2, Taman Jelutong Jaya ... Read More
bmf-not-feasible

BMF’s affordable housing plan may cause more problems in market

Khazanah Research Institute (KRI) director Dr Suraya Ismail is her opinion that the affordable housing proposal by the Better Malaysia Foundation (BMF), a corporate social responsibility division of Berjaya Corp Bhd (BCorp), is deemed to be unrealistic and not achievable in current challenging property market conditions. She said such superfluous ... Read More
slimhause-terrace-house

Slimhaus Affordable @ Balik Pulau

A proposed affordable landed housing project by Slimhaus Technology Sdn. Bhd. at Balik Pulau. Located on a 7.2 acres land along Jalan Pantai Acheh, about 10 minutes drive from Balik Pulau town centre. It is only 1km away from Sierra Pinang gated housing scheme, only a mere minutes' drive to SK Sungai ... Read More
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SITE PROGRESS: Valencia Residence (May 2021)

SHOW GALLERY 360 VIRTUAL TOUR [View in FULL SCREEN] About Valencia Residence Affordable yet luxuriously comfortable, Valencia Residence nestled within a friendly neighborhood with a myriad of cultures and ethnicities. It is conveniently located with an abundance of nearby amenities which include international schools, hospital, golf course, and malls. With ... Read More
Mike Geh

Prominent property consultant Michael Geh passes away of Covid-19 complications

Malaysian property veteran Michael Geh (pictured), president of Fiabci East Asia Multi National Chapter and Raine & Horne International Zaki + Partners Sdn Bhd senior partner, passed away at the Penang General Hospital today. The 57-year-old immediate past president of Fiabci (International Real Estate Federation) Malaysian Chapter has been actively involved ... Read More
strata

How guaranteed are guaranteed rental return (GRR) schemes?

by Datuk Chan Kim Loong GRR schemes sound very attractive, investors need to know they are not as simple as they seem. In fact, they should be approached with as much caution as advertisements for fast weight loss pills, get-rich-quick ventures or striking the lottery. Call them what you like ... Read More