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UPCOMING: Sungai Ara / Palmex Industries Sdn. Bhd.
A proposed mixed residential development by Palmex Industries Sdn. Bhd. (a subsidiary of IOI Properties) in Sungai Ara, Penang. Located along Changkat Sungai Ara 2/A (map shows approximate location), just a stone's throw away from Setia Pinnacle by SP Setia. This development comprises the following components: 3-storey bungalow (1 unit) 3-storey ... Read More
Long wait for permits impacts building industry, says group
There are 47 residential projects in Penang with a gross development value of over RM10bil still waiting for the advertising permit and developer licence (APDL) to be released by the Urban Wellbeing, Housing, and Local Government Ministry. Penang Master Builders & Materials Dealers Association (PMBBMDA) president Datuk Lim Kai Seng ... Read More
State government eases group’s application for affordable units
The Penang government has finalised the application procedure and criteria for employees with talent and skills in Penang to own affordable housing units in the state. State Housing, Town and Country Planning Committee chairman Jagdeep Singh Deo said investPenang proposed that the Selection Process Enhance-ment Committee waive the requirement that ... Read More
Zeti’s advice to first-time home buyers
They must meet the affordability criteria to avoid debt burden First-time home buyers should ensure they meet the affordability criteria before buying a home to avoid taking on a debt burden they cannot handle. Bank Negara governor Tan Sri Dr Zeti Akhtar Aziz said banks had provided individuals “many flexible ... Read More
Eco World seeks approval
Property developer Eco World Development Group Bhd is seeking shareholders’ approval for its multi-million ringgit mixed project in Penang. The company issued a circular to Bursa Malaysia detailing two land parcels totalling 449.64 acres in Batu Kawan, which it is acquiring and plans to develop for a total consideration of ... Read More
The Star Property Fair (1 – 4 Oct 2015)
Choice projects under one roof The Star Property Fair is back for the third time this year, and with over 30 exhibitors showcasing choice properties, it will be the biggest held at Queensbay Mall, Penang. Starting today and running until Sunday, it is spread across the mall’s North, South and ... Read More
LRT project to start in 2017 pending Government approval
The first phase of the Penang Transport Master Plan (PTMP), involving the construction of the LRT project,” is scheduled to take off in the first half of 2017. State local government, traffic management, and flood mitigation committee chairman Chow Kon Yeow said the design and the alignment of the LRT ... Read More
UPCOMING: Balik Pulau / MTT Properties & Development
A proposed low-rise residential development by MTT Properties & Development Sdn. Bhd. This is part of the company's Botanica.CT township development in Balik Pulau, situated on the south west region of Penang Island. The township is about 17 km from the Penang International Airport and 25 km from Georgetown The ... Read More
Affordable Housing: The Penang Way!
Exco man: Other affordable housing concepts not suitable Penang will not emulate Singapore or Hong Kong in its bid to provide affordable housing to the people, said state Housing, Town and Country Planning Committee chairman Jagdeep Singh Deo. He said: “I do not want to be like Hong Kong or Singapore ... Read More
Bank Negara urged to ease lending rules for 1st time house buyers
There are growing calls for Bank Negara to look into easing the stringent lending policy, especially for first-time house buyers in an effort to reduce the rising number of unsold properties in the country. While the broad cooling or macro-prudential measures imposed on the property sector should not be lifted ... Read More
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- @pawny I didnt agreed to the 2500 offer posted to me. (from IQI) I dont...Steve on Iconic Regency
- @wahahaaaaa follow up again, this year is 2024..what happen again? :D ...Walau on Eco Terraces
- pm below details ,plss... Property Type : Serviced residence & commercial ...lim on UPCOMING: Raja Uda / Enlight Homes Sdn. Bhd.
- STill selling in Queensbay after how many years? ...Walau on Eco Terraces
- @yygg as a current resident, the honest review is the location and serenity is very...Akunamatata on Triuni Residences
- @Errena Definitely at this forum got nothing to do with Queens waterfront. Pls make correct...millionaire on Iconic Regency
- @pawny Off course. This is nothing new. The appreciation in affordable very much better than...Ryu on Iconic Regency
- @Steve So, you going to rent for RM3k monthly? Pass over for operator to manage?...pawny on Iconic Regency
- @CH Type A unit, 500 sqft ...Steve on Iconic Regency
- @millionaire This project &location is much well organized as just next of hotel iconic. If...Errena Clara on Iconic Regency
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