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Penang pushes ahead with property ruling despite criticisms
GEORGE TOWN: The Penang government is standing firm with its new ruling on property sale even as critics slam it, saying the ruling is illegal. State Housing, Town and Country Planning committee chairman Jagdeep Singh Deo said the state controls the land office, so with land being a state matter, ... Read More
PG88 @ Teluk Kumbar
PG88 @ Teluk Kumbar, a residential development by TPPT Sdn. Bhd. within the vicinity of Teluk Kumbar Heights in Penang. It is only mere minutes drive to Penang International Airport and approximately 10km aways from Penang Second Bridge. This development comprises 24 units of 3-storey terraces, with an indicative price ... Read More
Land prices in Penang likely to rise next year
A LAND valuation of RM1,200 per sq ft for 44.5ha of reclaimed land in Penang by the state government is being used as a point of reference for land transactions, claims the Real Estate and Housing Developers Association (Rehda). The association's Penang chairman Datuk Jerry Chan said yesterday land prices ... Read More
Mah Sing buying land in Penang for new township
SIXTH PROJECT IN STATE: Southbay East development on the mainland set to be completed within 4 years MAH Sing Group Bhd is buying about 30.9ha of freehold land in mainland Penang for RM42.59 million for its new township, Southbay East, which has a potential gross development value (GDV) of RM400 million ... Read More
FIABCI Courtesy Call – New Affordable Housing Rules
The new housing rules from Feb 1, 2014 is to protect Penang from being adversely affected by a property bubble as well as to ensure that public housing and affordable housing are bought by genuine purchasers who are qualified first time buyers from lower and middle-income groups The Penang state ... Read More
iMoney expands presence in Penang and Johor Bahru
KUALA LUMPUR, December 9th, 2013 – iMoney, the number one financial comparison website in Malaysia, will begin offering personalised mortgage consultancy services to consumers in Penang and Johor Bahru. This new expansion puts iMoney’s mortgage consulting business in five states, namely Kuala Lumpur, Selangor, Negeri Sembilan, Johor Bahru and Penang. iMoney’s ... Read More
New rules may burden Penang homeowners looking to sell
Owners of affordable and low-cost homes in Penang will find it tougher to sell their properties as the state government plans to enforce strict rules to curb property speculation. From Feb 1 next year, owners of affordable homes (bought for below RM400,000 on the island and RM250,000 on the mainland) ... Read More
New Act a boon to buyers
OWNERS of new high-rise units can expect to receive their strata titles upon moving into their property once the new Strata Management Act 2013 (Act 757) is implemented early next year. Penang Municipal Council (MPPP) president Datuk Patahiyah Ismail said that under the new Act, the developers had to submit ... Read More
Taman Zamrud
Taman Zamrud, a small residential development by Airmas Group in Butterworth, Penang. It is located along Lorong Zamrud, only a stone's throw away from SMK Dato Onn. This development comprises 24 units of 3-storey super link houses with built-up area ranging from 3,168 sq.ft. onwards. Property Project : Taman Zamrud Location : Bagan ... Read More
First phase of RM10bil integrated waterfront project selling well
TROPICANA Bay Residences, the first phase of the RM10bil Penang WorldCity (PWC), has been selling briskly since it opened for booking in February. A total of 85% of its 906 condominium units have been snapped up, generating RM540mil for the developer Tropicana Ivory Sdn Bhd (TISB). TISB is a joint ... Read More
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RECENT COMMENTS
- @Hiroto walk in to sales gallery for deeper insight, web gives you only the top...tamiya on Savana @ Utropolis
- @savana yes if its for own stay, a big no if it's to rent out....tamiya on Savana @ Utropolis
- @Tavana good choice, match your name – tavana stays in savana ...tamiya on Savana @ Utropolis
- good choice, match your name - tavana stays in savana ...tamiya on Savana @ Utropolis
- @chookimhock Wrong info given. Normal unit majority sold out. Except for those seafront unit pending...Ryu on The Pier
- Congratulations to MPSP i hope they will carry on more upgrading works to ease traffic...Selvaraj on Jalan Alma – Jalan Bukit Minyak road expansion project completed
- @Loon Project already sold out. very hot launch ...chookimhock on The Pier
- Have this project start building? Any status we can refer? Thanks ...Philip on Versa
- It looks like very less discussion with this project. Where are the actual buyers? Any...Loon on The Pier
- Concerned : The upgrade of drainage system that is part of this project is...Concerned on Jalan Alma – Jalan Bukit Minyak road expansion project completed
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- Affordable Housing (Penang Island)
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- Gurney Wharf
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- Lin Xiang Xiong Art Gallery
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- One Auto Hub @ Batu Kawan
- Penang Arts District
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- Penang Sentral
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- Penang World City
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