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UPCOMING: Sungai Ara / Definite Harmony Development

A newly proposed residential development by Definite Harmony Development Sdn. Bhd. at Sungai Ara, Penang. Strategically located along Jalan Tun Dr. Awang, next to The Clovers condominium by Asia Green Group. It is less than 2km away from Penang International Airport. The initial phase of the development comprises a 31-storey condominium, ... Read More
mezzo-the-light-city

Mezzo @ The Light City

Mezzo, the first residential project at The Light City - a large-scale 32.76 acre integrated mixed-use waterfront development by  IJM Perennial Development in Gelugor, Penang. It is strategically located next to the Light Collection, just a mere minutes drive from Penang bridge. This residential project comprises two 34-storey residential towers, offering ... Read More
bnm

Access to financing is not the primary issue for affordable housing

This is with reference to media reports on calls to review housing loan criteria for potential buyers of affordable houses. The comments made by some parties had caused confusion and were not based on facts and accurate information. If the issue of affordable housing is to be resolved, all parties ... Read More
lafargehappiness-f

Survey shows Penang is the happiest state

So it’s true — Klang Valley folks are less happy living in the city compared with those living in Penang and Johor Bahru. That is according to TheEdgeProperty.com-Lafarge Happiness in the City Index 2017 survey. The survey showed that as many as 49% of respondents in the Klang Valley found ... Read More
ppc2017

Coming soon: Penang Property Convention 2017

An event that you must not missed! An opportunity to meet up face-to-face with all the property experts and property gurus. Either you are a first time home buyer or a property investor, this event is cater just for you.   * THIS EVENT IS NOW FULLY BOOKED * See you ... Read More
Land transacted at more than RM10mil in 2016/2017

How much do you think land costs in Penang?

Land is the most important asset to a property developer as it enables the developer to sustain and grow its business. The constant rise in land prices is the simplest reason that explains the escalating property price especially those in prime areas. We have solicited some actual data from reliable ... Read More
7-upcoming-at-georgetown

7 Upcoming Projects at George Town (2017/2018)

The scarcity of land has been and will continue to be a challenge in Penang Island. This is particularly true in George Town where some development land were transacted at more than RM1,000 per sq.ft. Here are a few upcoming development to lookout for in 2017/2018. Senrita Development Sdn. Bhd ... Read More
homesale

Common problems in a sub sale transaction

A typical transaction for a sub-sale and purchase agreement (SPA) of an immovable property (whether a landed property or strata titled property) in the secondary market is normally divided into three stages: The pre-SPA stage; The formation of the SPA stage; The completion of the SPA stage. The pre-SPA stage ... Read More
bnm

Prepare for a rate hike

There is a view emerging out there that Bank Negara will have to raise the benchmark overnight policy rate (OPR) by the end of the year or early next year. This view is premised on a strengthening economy, which usually means higher inflation as wages grow, unemployment comes down and ... Read More
ppc2017a

Penang Property Convention – 29 July 2017

In collaboration with GM Training Academy, we are co-organizing "Penang Property Convention" on 29 July 2017. Come and join us for this informative property investment event. Whether you are seasoned property investor or first time home buyer, this event will give you a real insight into Penang property market trends and learn about buying ... Read More