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Fair sees long queue of visitors seeking affordable homes
The two Penang Development Corporation (PDC) affordable housing booths at the Star Property Fair 2015 at the Sunway Carnival Mall and Sunway Convention Centre in Seberang Jaya have seen a long line of visitors. A spokesperson said there was strong interest in the homes located in Teluk Kumbar, Kampung Jawa ... Read More
Changing property market of Penang
Until about a year ago, Penang’s south-west district was known as the locality for affordably-priced properties. Since 2008, Ideal Property Group has developed over 4,000 units with a RM3bil gross development value (GDV) there. These include One World, One Residence and Fiera Vista in Bayan Lepas, priced between RM300,000 and ... Read More
Penang aims to cushion property prices
The state government wants to work with property developers to cushion the impact of skyrocketing property prices and the slowdown in the property market. Penang Deputy Chief Minister I Datuk Mohd Rashid Hasnon said as one of the most economically important states, Penang was experiencing growth that had impacted the ... Read More
The Star Property Fair 2015
Visitors to The Star Property Fair 2015, which opens in Penang today, will find the best residential and commercial properties as well as informative talks and exciting activities, all under one roof. Whether you are looking for a dream home or choice investment option, the event held for the first ... Read More
The Starhill Garden Condominium
The Starhill Garden, an upcoming condominium development by Aroma Development Sdn. Bhd. in Prai, Penang. It is strategically located along Jalan Baru, only a mere minutes drive from Penang bridge. This development comprises a 25-storey building with 149-unit of residential units. There are only 8 units per floor with unit ... Read More
Dream homes for young couples
Great news for prospective buyers, especially young couples looking to own their first dream home. The Starhill Garden Condominium, located along Jalan Baru in Prai, Penang, is offering an unbeatable preview price of below RM300 per sq ft for a limited time. The promotion is truly not to be missed ... Read More
Raintree Park II
Raintree Park II, the second phase of Raintree Park in Pearl City by Tambun Indah. This is another gated and guarded development with full recreational facilities which includes but not limited to swimming pool and resident clubhouse. It is just a short drive away from GEM International School and Pearl ... Read More
Aston Park East
Aston Park East, a gated and guarded housing scheme in bustling township of Bukit Mertajam. This is the first phase of Aston Park development by Harta Intan Group, located adjacent to Aston Villa, just a short walking distance from from The Summit (BM Plaza). It comprises 45 units of 3-storey terrace ... Read More
RM53mil state aid to build affordable homes for bumis
The state government, through its Penang Bumiputera Housing Trust Accounts, will allocate RM52.9mil to build 320 low medium-cost (LMC) homes for bumiputra buyers. Chief Minister Lim Guan Eng said the LMC homes were part of the 2,093 units of a public and affordable housing scheme called ‘The Rise’ in Jalan ... Read More
Penang property seen slowing down due to high prices
Escalating prices of landed residential properties in Penang could see transactions slowing down in 2015. According to Real Estate and Housing Developers Association Penang (Rehda) chairman Datuk Jerry Chan, prices of landed residential properties have been rising over the past few years. “We don’t see highly motivated sellers yet. Land ... Read More
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