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penang-east-seafront-residence

Penang East Seafront Residence

Penang East Seafront Residence, an upcoming seafront commercial development by Star Sanctuary Land Sdn. Bhd. at Butterworth, Penang. It is strategically located along Jalan Bagan Jermal, adjacent to Plaza Toll Bagan Ajam. This development will see the construction of a 19-storey commercial building, offering 293 units of serviced suites, and rooftop ... Read More
penang-developer-lending

No decision yet on moneylending policy review

The Urban Wellbeing, Housing and Local Government Ministry is still undecided on the review of a moneylending policy for property developers although it has been over a month since the idea was mooted. On Sept 8, Urban Wellbeing, Housing and Local Government Minister Tan Sri Noh Omar said eligible property ... Read More
house

3 Reasons WHY the Property Market deserves to Slowdown

* Article by Freemind Works * Since the start of the year, the real estate market has somewhat quiet down. Many asked my view of the market moving forward. Here it is. It’s time the market consolidated and we reflect on what happened these past years. We experienced one of ... Read More
bnm

Bank Negara suggests broader alternatives to home ownership

Bank Negara Malaysia said developing broader home ownership alternatives, including a well-functioning rental market, was deemed a policy priority to protect homebuyers from financial hardship. In a statement today, Bank Negara said the suggested need for alternatives showed the adverse consequences poorly designed incentives to increase home ownership could have ... Read More
taman-seri-juru-phase-3

Taman Seri Juru – Phase 3

Taman Seri Juru, strategically located within the establish township of Bukit Minyak, next to Japan-Malaysia Technical Institute. It's only a stone's throw away from Bukit Minyak Industrial Park, about 15 minutes drive to Penang Bridge. This housing scheme has moved into its third phase of the development, which includes 135 ... Read More
proposed-sungai-ara-projects

6 Proposed Projects at Sungai Ara in 2016

Interested to know what's coming in Sungai Ara? Here are a list of newly proposed projects at Sungai Ara in 2016. These projects are still in their planning stage. Project name and launch date has yet to be confirmed. 1. Potential Dual Sdn. Bhd. Affordable housing development by Potential Dual Sdn. Bhd. at ... Read More
enclave-searview-residence-featured

Encorp selling Batu Ferringhi land to Selangor Dredging Bhd (SDB)

Encorp Bhd is selling 2.33ha of freehold land in Bandar Batu Ferringi, Penang to Crescent Consortium Sdn Bhd for RM25 million, Bernama reported yesterday. In a filing to Bursa Malaysia yesterday, the company said the disposal will enable Encorp to unlock its capital from being tied up as long-term assets, ... Read More
upcoming-balik-pulau-gtm-noble

UPCOMING: Balik Pulau / GTM Noble Sdn. Bhd.

An upcoming mixed development by GTM Noble Sdn. Bhd. at Balik Pulau, Penang. It is located along Kuala Jalan Baru, adjacent to Prestige III housing scheme by PLB Land. About 10 minutes driving distance to Balik Pulau town centre and Prince of Wales Island International School. This development will see ... Read More
EPF-Signage-feature

Putrajaya in discussion with EPF for higher housing withdrawal plan

The federal government is studying the possibility to allow first-time home buyers to withdraw more money from their Employees Provident Fund (EPF) account to finance their affordable house purchases. "That is a very good suggestion," described Minister of Finance II Datuk Johari Abdul Ghani, as it could allow EPF members ... Read More
hijauan-valdor-phase-4

Semi-detached House @ Hijauan Valdor (Phase 4)

Hijauan Valdor is a residential development by Asas Dunia in Sungai Bakap. It is strategically located along federal road, about 10 minutes drive to Penang Second Bridge. It is only a mere minutes drive to Batu Kawan via Jalan Perindustrian Valdor. The 4th phase of this project comprises 2-storey semi-detached ... Read More