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MIEA: Extend HOC 2019 to secondary market please
The Malaysian Institute of Estate Agents (MIEA) has urged the government to extend the incentives offered during the Home Ownership Campaign (HOC) to first-time home buyers looking to buy from the secondary market. “MIEA is very appreciative of the fact that the Finance Ministry has introduced new programmes to stimulate ... Read More
Penang turns to rent-to-own schemes to clear long waiting list for public housing
Penang state government will turn some of its low cost housing units into rent-to-own schemes and offer it to those who applied for people’s housing project (PPR) units. Penang state exco Jagdeep Singh Deo said the shortage of PPR units in the state meant the administration had to look for ... Read More
Summary of incentives for homebuyers
For most Malaysians, buying a house is tough. A high upfront payment coupled with a life-long mortgage commitment can be daunting, so it makes sense to take any help you can get to lower the cost of owning a home. Besides the many freebies and promotional packages that property developers ... Read More
Residential Vacancy Rates: Property Overhang and Market Supply
By See Kok Loong Lately, there are several publications such as National Property Information Centre (NAPIC) published on Jan 2019 on the data for 3Q18, the number of unsold homes in Malaysia has reached a new high of 30,115 homes amounted to RM 19.54 billion. (The above figure is the ... Read More
Queens Island
Queens Island, a proposed development by Tropical Island Resort Sdn. Bhd. at Jerejak Island (Pulau Jerejak). Located off the eastern coast of Penang Island, approximately 80 acres land on the small island will be redeveloped into a world-class resort and residences. This is a joint venture development between Penang Development Corp ... Read More
Redefining condo living in Prai
GEMSTONES are a reflection of luxury and elegance. Rare and valuable, they sparkle and entice and have remained the desire of many since time immemorial. All these attributes and more are found in the architectural jewel that is GEM, a prestigious mixed development by the reputable Belleview Group. Located in ... Read More
Housing Integrated Data System to monitor affordable housing market
The Ministry of Housing and Local Government has established a Housing Integrated Data System to help it identify the demand for and supply of affordable housing nationwide. Its minister, Zuraida Kamaruddin told theSun that the ministry had encountered difficulties in obtaining information such as income levels by location and other ... Read More
Bayan Baru City Centre
Bayan Baru City Centre, a proposed mixed development by Ideal Property Group in Bayan Baru. Strategically located next to the intersection of Jalan Tengah and Jalan Mayang Pasir, near Pantai Hospital. This master planned development sits on a 16 acres land, comprises the land currently occupied by Giant Hypermarket and the adjacent vacant land. It ... Read More
Flat property market seen for Penang
The Penang property market is expected to remain flat yet resilient this year and could bottom out within the next two years. CBRE|WTW Research in its Real Estate Market Outlook 2019 says it will be a buyers’ market over the short term, particularly for residential properties. “Under the prevailing subdued ... Read More
Construction of Ayer Itam-LCE Expressway bypass to start on Aug 31
Construction of the 5.7km Ayer Itam-Tun Dr Lim Chong Eu (LCE) Expressway bypass, which would be part of the RM46 billion Penang Transport Master Plan (PTMP), will begin on Aug 31 this year, Penang Chief Minister Chow Kon Yeow (pictured) said yesterday night. He said the commencement of the by-pass ... Read More
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- @damien I would be more worry if my apartment/house is on or next to hill...Oh nice on SITE PROGRESS: Mezzo @ The Light City (Oct 2024)
- @Ryu Ya, agree with you that normally seafront coastline properties will get hit in a...damien on SITE PROGRESS: Mezzo @ The Light City (Oct 2024)
- @KC I heard my friends said he bought the zen paying 500+k and the unit...Ora on The Cube
- @damien Why worry? I have many house. Later repair. No problem. Seafront coastline is normal...Ryu on SITE PROGRESS: Mezzo @ The Light City (Oct 2024)
- @Oh nice Haha, not worried, just saying. According to disaster dept analysis, during the recent...damien on SITE PROGRESS: Mezzo @ The Light City (Oct 2024)
- Gonna be Batu Kawan Landmark. Muze in Batu Kawan ...Jenn Kim on PROPOSED: 54-Storey serviced residence @ Batu Kawan
- @damien why you worry, storm here, unlike hurricane or typhoon elsewhere, does not kill....... ...Oh nice on SITE PROGRESS: Mezzo @ The Light City (Oct 2024)
- Not sure why people still questioned PDC. The plots of land there were sold to...Wan on PROPOSED: 54-Storey serviced residence @ Batu Kawan
- Don't forget Asia Green took 10 years to complete Quaywest, LOL. ...millionaire on SITE PROGRESS: Mezzo @ The Light City (Oct 2024)
- @chookimhock Why worry? So many house available ...Ryu on Iconic Regency
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Latest Property News
OTHER DEVELOPMENTS
- Affordable Housing (Penang Island)
- Butterworth Arena
- Columbia Asia Medical Centre
- Eco-Tourism Hub @ Batu Kawan
- Escape Penang – Eco Theme Park
- GBS @ The Waterfront
- GBS by The Sea
- Gurney Wharf
- IKEA Batu Kawan
- Island Medical CIty
- Kobay Jelutong
- Lin Xiang Xiong Art Gallery
- Linear Waterfront
- Mitsui Outlet Park @ PIA
- One Auto Hub @ Batu Kawan
- Penang Arts District
- Penang Eastern Seafront Development
- Penang Medical & Digital Technology Hub
- Penang Premium Outlets (Design Village)
- Penang Sentral
- Penang South Islands
- Penang Transport Master Plan
- Penang Waterfront Convention Centre
- Penang World City
- PIA Expansion
- Silicon Island
- Teluk Bahang Wellness Resort
- The Ship Campus (ALC College)
- The Top @ Komtar
- Wellness City of Dreams