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Luxury houses are promoted to foreigner under MM2H, not HOC
All parties should stop the polemic over the issue of unsold luxury properties in the country as they are being promoted abroad under the procedures and conditions of Malaysia My Second Home (MM2H) programme. Deputy Housing and Local Government Minister Datuk Raja Kamarul Bahrin Shah Raja Ahmad Baharuddin Shah (pictured) ... Read More
Penang property owners to pay higher assessment rates next year
Penang’s two local councils will be increasing the assessment rates on all properties within the state in 2020. State local government, housing development and town and country planning committee chairman Jagdeep Singh Deo said the hike was due to higher spending costs. “It has been 15 years since we reviewed ... Read More
All Seasons Park – A Landmark Development
All Seasons Park, is a completed landmark development in Ayer Itam, ushering in a contemporary modernity that subtly resonates with the busy, colourful vibe of this well-known Penang suburb. This integrated development promises a complete lifestyle experience to those born and bred in Penang, who may be returning to their ... Read More
Interview with CM: Public response on Bayan Lepas LRT
Penang’s first LRT project has been approved by federal government on 16 July 2019, with 30 conditions for the state to comply. A three-month public inspection process started Aug 19 to obtain the views of Penangites. The public can now find out more about the LRT project at four fixed locations during office ... Read More
Minister thinking about organising HOC campaign in Hong Kong or China
Housing and Local Government Minister Zuraida Kamaruddin plans on taking Malaysia’s Home Ownership Campaign (HOC) to Hong Kong and China. Speaking to a press conference at the outskirts of the 2019 Smart Cities Asia Annual Conference and Exhibition, she explained that properties in Malaysia are far cheaper than those found ... Read More
Iconic Point sold out during soft-launch
Iconic Worldwide Bhd’s maiden property project Iconic Point has been 100 per cent taken up during its two-day soft launch at its sales gallery in D'Piazza Mall, Penang last weekend. The company said Iconic Point is expected to become one of the key commercial centre and landmark in the Simpang ... Read More
Interview with CM: Location of future affordable housing
Many of you must be wondering where will be the next affordable housing located? Can the government control or influence the developer's decision? Listen to the sharing from our Chief Minister on the challenges in approving affordable housing by developers. FIND OUT MORE: Penang CM speaks to Penang Property Talk on Vision 2030 ... Read More
UPCOMING: Tasek Gelugor / Pavilion Everise Sdn. Bhd.
Following S P Setia's mega township development (Setia Fontaines) at Bertam, more developers are now taking advantage of the spillover effect by proposing affordable landed homes within the vicinity. Here is yet another proposed residential development at Tasek Gelugor by Pavilion Everise Sdn. Bhd. (a subsidiary of GSD Land). It is located along ... Read More
CAP warns against Malaysia real estate promotion in Hong Kong
Vocal pressure group CAP has warned that a promotion drive by local developers to attract Hong Kong investors to buy properties in Malaysia in the wake of the political crisis in the island city could push house prices beyond the reach of ordinary citizens. “Encouraging foreigners to acquire properties here ... Read More
Interview with CM: State housing policy for affordable homes
Penang government has consistently monitored the housing affordability within the state and made amendments to the housing policies, which has become necessary as a result of feedback from people and developers. Find out how does the cross-subsidization of LC and LMC works to ensure adequate supply of housing for the lower and middle-income groups. FIND OUT ... Read More
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- @Ora small issue. the condo market value is approaching 900k now ...chookimhock on The Cube
- @Ora 500k? Daily rob!! Seaview condo!! ...Ryu on The Cube
- @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
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