The excess in supply of residential properties is expected to clear in three to four years, paving the way for a recovery in the property market, says housing industry experts. The new National Information Property Centre (Napic) 2016 report shows that the incoming supply of residential properties has inflated to ... Read More

An on-going mixed development by GTM Land & Property Sdn. Bhd. at Bukit Mertajam, Penang. Strategically located along Jalan Kulim, next to the famous Roman Catholic church - St Anne's Church.  It is just a mere minutes drive away from Maju Jaya Business Center in Kampung Baru. This development will feature a mix ... Read More

Property developers have warned that home prices may rise following the government’s recent move to slap a safeguard duty on the import of certain steel products for three years. If the safeguard duty leads to a rise in steel prices, Real Estate and Property Developers’ Association (Rehda) president Datuk Seri ... Read More

Yet another proposed mixed development by BSG Property at Tanjung Bungah. Strategically located along Jalan Lembah Permai, adjacent to 2 Permai landed housing scheme by the same developer. It is only a mere minutes drive to Tunku Abdul Rahman (TAR) University College. This development will feature a mix of condominium ... Read More

House prices have remained steady despite a slowdown in property sales and a huge overhang of unsold units. According to the Valuation & Property Services Department’s (JPPH) Property Market Report 2016, prices of residential property continued to grow, albeit moderately despite the current market glut. “The Malaysian House Price Index ... Read More

The Ship Campus (Peninsula College) is an upcoming university campus in Batu Kawan, combining an eco-friendly campus with a dynamic blend of technology and innovation to enable professional learning. The 5-acre campus is strategically located at the southern part of Batu Kawan and it is part of PKT's "One Auto ... Read More

The Environmental Impact Assessment report for the reclamation on Penang island’s southern coast will be submitted to the Department of Environment by the end of this month. State Local Government, Traffic Management and Flood Mitigation Committee chairman Chow Kon Yeow said the report would comprise various studies on the impact ... Read More

Nafiri @ Val d’Or, a light industrial development by GUH Holding at Sungai Bakap. Strategically located next to 156.5km of North-South Expressway, adjacent to Valdor Industrial Estate. It is just a short drive away from Hijauan Valdor housing scheme by Asas Dunia. This development will feature 58 units of 3-storey ... Read More

Proposed high-rise residential development by Orientside Development Sdn. Bhd. in Batu Ferringhi, Penang. Part of the company's 13.3ha development next to the island’s tourism belt in Batu Ferringhi and adjacent to Uplands International School. The latest proposal comprises a 47-storey building with 8 levels of carpark and 2 residential towers ... Read More

The Penang government has decided to postpone its decision to raise the contribution fee by developers who fail to build low-cost and low medium-cost housing until the year-end. State Housing, Town and Country Planning Committee chairman Jagdeep Singh Deo said the state received complaints from Penang Real Estate and Housing ... Read More