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landload-insurance

7 reasons why property owners need landlord insurance

By See Kok Loong Insurance is one of those things that some people mistakenly think isn’t worth the cost. Unfortunately, that’s why too many people choose not to take out appropriate insurance cover to insure their assets as well as their incomes. When it comes to insuring their homes, most ... Read More
proposed-development-by-golden-rainbow-view

UPCOMING: Nibong Tebal / Golden Rainbow View SB

Yet another landed residential development proposed at Nibong Tebal. Undertaken by Golden Rainbow View Sdn. Bhd., this development is located along Jalan Teluk Ipil adjacent to Kerian River. It is less than 5 minutes drive from Nibong Tebal town centre, neighboring with Taman Ipil Permai and D Vibrant by Chye ... Read More
gem-residences-main-night

GEM Residences – A Wholesome Lifestyle Experience

GEM Residences - a new freehold condominium located at Jalan Baru, Prai, Penang is primed to bring a new standard of living to Prai, Penang by offering a range of well-designed modern living spaces for a wholesome lifestyle experience. Strategically located along the six-lane Jalan Baru connecting the North-South Expressway ... Read More
transaction-volume-value

Malaysia property market records sharp fall in 1H2020

The property market saw a steep y-o-y fall in the first half of 2020 (1H2020). Property transaction volume for 1H 2020 dropped by 27.9% y-o-y to 115,476, while transaction value declined 31.5% to RM46.94billion, based on the latest data released by the National Property Information Centre (NAPIC) which operates under ... Read More
eden-at-botanica-ct

Eden at Botanica.CT – First integrated senior living resort in Penang

MTT Group of Companies, through its subsidiary Botanica Hills Sdn Bhd, has entered into a joint venture agreement with Eden~On-The-Park Sdn Bhd to develop the first Integrated Senior Living Resort in the state here. The project - Eden at Botanica.CT - will feature a nursing care residence and a low-density ... Read More
gurney-wharf-aerial-next-month

Penang to appoint Gurney Wharf consultant next month

The Penang government will appoint a consultant for the landscaping works at the newly-reclaimed Gurney Wharf project next month, says Chief Minister Chow Kon Yeow. Chief Minister Chow Kon Yeow said the consultant would then have time to call for tender to appoint contractors for various stages of work on the ... Read More
Created with GIMP

Regulations for Airbnb and hotels to be finalised by year end

The standardization of several issues including regulations, licensing and taxes involving the hotel sector and global online accommodation service provider, Airbnb will be finalized by the end of this year. Housing and Local Government Minister Zuraida Kamaruddin (pictured) said the standardization should take into account various aspects and determine the ... Read More
Hillside_Retreat

Hillside Retreat – New role for old bungalow in Penang Hill

A nearly century-old Hillside Bungalow in Penang Hill has been restored to enhance visitors’ experience on the hill. The project, named Hillside Retreat, is among the state government’s initiatives to further promote Penang Hill as the ‘hill resort of choice’ in Malaysia and the region. Chief Minister Chow Kon Yeow, ... Read More
penang-land-deals-2019

Penang land deals transacted in 2019

Today land costs account for about 30% of any property development cost. If you are wondering how much does the land costs in Penang, below is an infographic that shows several land deals transacted in 2019 with a value of more RM10 million. This report is based on data published by The National Property Information Centre ... Read More
facilities

Reduce facilities in high-rise residential projects to lower price

Will developers start to build fewer facilities in their future integrated developments or high-rise residential projects to reduce cost and lower the selling price for home seekers? Reducing home prices are the right thing to do if developers want to stay afloat amid the current Covid-19 pandemic and they can ... Read More