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hong-seng3

Plan to develop ancestral land

Over 500 houses in Hong Seng Estate in Penang may soon have to make way for a new housing project. A resident who has stayed there for 30 years said he heard about the plans to redevelop the land but did not have any details. “This is my ancestral house ... Read More
penang-affordable-housing-video

Penang’s Aspiration – One House, One Family

Penang Affordable Housing Video (courtesy of Penang State Housing) * Click HERE to see full list of affordable housing in Penang * ... Read More
taman-daya-maju

Taman Daya Maju

Taman Daya Maju, a residential development by Airmas Group in Bukit Mertajam, Penang. Strategically located next to the junction between Jalan Song Ban Kheng and Jalan Megat Harun. It's only few hundred meters away from the Maju Jaya Business Center, just a mere minutes drive to Bukit Mertajam Town Center ... Read More
pearl-tropika

Pearl Tropika @ Pearl City

Pearl Tropika, is the latest development of the self-contained Pearl City township of Simpang Ampat in Southern Seberang Perai. It is just next to Raintree Park, only a mere minutes drive to the North-South Highway, Penang Science Park and the Penang Second Link and Pearl City Mall. Property Project : Pearl Tropika Location : ... Read More
14092015_lim_guan_eng_at_groundbreaking_of_Aspen_Vision_City_tmi_pic

IKEA in the making!

Poll to find name for Penang’s new, intelligent, satellite township The people will have a say in the naming of Penang’s new, intelligent, satellite township on mainland Seberang Prai. The township is in Batu Kawan, in the southern Seberang Prai district, Chief Minister Lim Guan Eng said today. He said ... Read More
2015-transactions

Penang Property Market Value

One of the most common question asked here is the current market value of a property in Penang. Certainly, it is everyone's dream that their property value gain a measurable appreciation. Property market value can be interpreted very differently depending on the specific market you’re discussing. Each house is unique ... Read More
construction

Construction costs have risen: Rehda

The weakening ringgit has resulted in an increase of 20-25% in the cost of some construction materials, said the Real Estate and Housing Developers’ Association Malaysia (Rehda) president Datuk Seri Fateh Iskandar Mohamed Mansor. “The cost of certain construction materials has actually gone up. For residential units, if you talk ... Read More
"Unreleased Bumiputera lots and loan rejections by banks are the top reasons for the unsold units," said Rehda president Datuk Seri Fateh Iskandar Mohamed Mansor

Unsold property units on the rise in Malaysia

The number of unsold property units in Malaysia have increased due to unreleased Bumiputera lots and loan rejections, says the Real Estate and Housing Developers Association (Rehda). The percentage increased by 14% in the first half of 2015 ended June 30, 2015 from the preceding half ended Dec 31, 2014, ... Read More
guh-holdings

GUH Holdings Bhd buying Penang land for RM22.6mil

GUH Holdings Bhd is buying land to develop a light industrial park in Seberang Perai — a plan to cultivate future earnings growth in its property division. In a filing with Bursa Malaysia, GUH Holdings said its unit GUH Realty Sdn Bhd entered into a sale and purchase agreement (SPA) ... Read More
ppsale

Selling your property at PenangPropertyTalk.com

In an effort to avoid flooding the comments section with advertisements, we have created a "Related Properties for Sale/Rent" section that allows you to advertise your properties here for FREE! The listing appear in all project pages, immediately before the comments section. To start selling your property, sign up for a ... Read More