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proposed-development-sungai-nibong-iconic-development

UPCOMING: Sungai Nibong / Iconic Development

Yet another newly proposed mixed development by Iconic Development Sdn. Bhd. at Sungai Nibong. Strategically located along Jalan Sultan Azlan Shah, next to SK Sungai Nibong. It is only 10 minutes walk to two future LRT Stations - Sungai Nibong & Pesta Stations. This development will feature a mix of ... Read More
ikea-penang-hiring

IKEA Penang will open by Q1 2019

We have found yet another job posting by IKEA Southeast Asia for their first IKEA store in Penang. From the latest job posting, it seems IKEA is now targeting to open their new store in Penang by 1st quarter of 2019. The company is now looking for a Deputy Store Manager, ... Read More
3-storey terraces @ seri tanjung pinang 2

3-Storey Terraces @ Seri Tanjung Pinang 2A

Seri Tanjung Pinang Phase 2 will be divided into three phases namely STP Phase 2A, Phase 2B and Phase 2C. STP Phase 2A will comprise gross land area of approximately 252.81 acres of land (STP Phase 2A). The agreed infrastructure includes inter-alia bridges linking the STP 2A development land, roads ... Read More
property

Majority of Malaysians want to own a home in next 6 months

More than half of Malaysians surveyed want to own a home within the next six months, according to the Real Estate and Housing Developers’ Association Malaysia (Rehda). However, stringent lending rules continue to be a major deterrent, association president Datuk Seri F D Iskandar said. In a poll of 1,655 ... Read More
upcoming-bayan-lepas-northern-gold-development

UPCOMING: Bayan Lepas / Northern Gold Development

Newly proposed landed residential development by Northern Gold Development Sdn. Bhd. at Bayan Lepas, Penang. Located along Jalan Dato Ismail Hashim, situated between the ongoing One Foresta affordable housing development and Mont Tierra Residences. It is less than 10 minutes drive from Penang International Airport. This development will feature a ... Read More
napic-report-featured

Residential supply expected to recover in three years

The excess in supply of residential properties is expected to clear in three to four years, paving the way for a recovery in the property market, says housing industry experts. The new National Information Property Centre (Napic) 2016 report shows that the incoming supply of residential properties has inflated to ... Read More
on-going-by-gtm-bukit-mertajam

UPCOMING: Bukit Mertajam / GTM Land & Property

An on-going mixed development by GTM Land & Property Sdn. Bhd. at Bukit Mertajam, Penang. Strategically located along Jalan Kulim, next to the famous Roman Catholic church - St Anne's Church.  It is just a mere minutes drive away from Maju Jaya Business Center in Kampung Baru. This development will feature a mix ... Read More
construction3

Homebuyers to bear the brunt of rising building costs

Property developers have warned that home prices may rise following the government’s recent move to slap a safeguard duty on the import of certain steel products for three years. If the safeguard duty leads to a rise in steel prices, Real Estate and Property Developers’ Association (Rehda) president Datuk Seri ... Read More
proposed-development-tanjung-bungah-bsg

UPCOMING: Tanjung Bungah / BSG Property

Yet another proposed mixed development by BSG Property at Tanjung Bungah. Strategically located along Jalan Lembah Permai, adjacent to 2 Permai landed housing scheme by the same developer. It is only a mere minutes drive to Tunku Abdul Rahman (TAR) University College. This development will feature a mix of condominium ... Read More
jpph-reports

Property Marketing Report 2016 indicates property prices remain steady

House prices have remained steady despite a slowdown in property sales and a huge overhang of unsold units. According to the Valuation & Property Services Department’s (JPPH) Property Market Report 2016, prices of residential property continued to grow, albeit moderately despite the current market glut. “The Malaysian House Price Index ... Read More