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Property fair features award-winning designs

Ivory Properties Group Bhd will offer special promotional packages for its various developments in Penang during the three-day Malaysia Property Expo (Mapex) 2014 starting on Friday. These include Tropicana Bay Residences, the first phase of the Penang WorldCity mega waterfront development in Bayan Indah, along with The Wave in Penang ... Read More
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Raintree Park

Raintree Park 1, the latest addition to Pearl City township development by Tambun Indah. This is a gated and guarded development surrounded by choices of learning institutions, supermarkets, shops, and other facilities. It is mere minutes drive to the North-South Highway, Penang Science Park and the Penang Second Link and ... Read More
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Not just a strictly business affair at property expo

The Malaysia Property Exhibition (Mapex) 2014 in Penang this weekend will be more than just a property fair. Real Estate and Housing Developers’ Association (Rehda) Penang chairman Datuk Jerry Chan Fook Sing (pic) said visitors could bring their children along as there would be a Kids Corner where they could ... Read More
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Dua Residensi

Dua Residensi, an affordable housing development by Penang Development Corporation in Teluk Kumbar, Penang. It is located opposite to Puspakom Teluk Kumbar, a mere minutes drive from Teluk Kumbar town center via Jalan Teluk Kumbar. This development comprises 348 affordable units with size ranging from two different sizes - 850 sq.ft ... Read More
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Buying Penang properties? Affordability means RM600 – RM700psf.

by Charles Tan A close friend asked me recently what’s the price that I would be willing to sell my condo in Tanjung Tokong. I said, RM700k. She laughed and said, my husband said that’s impossible. I laughed and said, it is ok. In fact at the price I wanted ... Read More
Why developer interest-bearing schemes should be banned

Why developer interest-bearing schemes should be banned

The Developer Interest-Bearing Scheme (DIBS) is marketed in such a way whereby the house buyers pay a small down payment during the signing of the sale and purchase agreement (SPA). The developer will bear the interest due during the project construction period until the handing over of vacant possession where ... Read More
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The Ultimate Business Centre & Condominium

Another upcoming mixed development scheme along Jalan Baru in Prai, Penang. The development has three phases, the first comes with 8 units of 3-storey semi-detached showroom/shop offices while the second is a 25-storey residential tower with 149 condominium units. It is located immediately opposite the newly completed Frontage by UDA ... Read More
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Affordable Housing Roadshow – Bayan Baru (20 Sept)

In collaboration with state housing department, a new "Affordable Housing" section has been added to this website to bring further awareness to the affordable housing projects in Penang. You can now find out more about the latest affordable housing projects as well as its location. There are also some basic ... Read More
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Affordable Housing Projects & Location

Here is a full list of affordable housing developments in Penang, undertaken by both State Government and private developers. There are currently more than 50 projects in the pipeline, with some of them located in the prime locations such as Tanjung Tokong, Georgetown, Sungai Ara and etc. All affordable houses ... Read More