Those buying homes under the 1Malaysia People Housing Programme (PR1MA) will save money in a scheme to be introduced under Budget 2015. The scheme, expected to be an­nounced with the Budget tomorrow, will see the Government “subsidising” a portion of the interest rate for the home loans. Details of the ... Read More

Check out the most recent proposed developments in Penang, ranging from affordable housing to luxury residences, commercial suites to retail offices. Subscribe and stay updated with our weekly property updates ... Read More

Trehaus, a countryside luxury development at Bukit Jambul Indah by IJM Land, comprises limited units of Condo Villas and Semi-Detached Villas.  Perched on elevated ground and embraced by lush greenery, from the Tréhaus you can indulge in the exclusive feeling of having the world literally at your feet. Property Project : Trehaus ... Read More

The Goods and Services Tax (GST) will only have an impact of between 0.5% and 2% on housing prices, assuming there is no change in supply and demand conditions, according to Customs Department GST director Datuk Subromaniam Tholasy. Subromaniam said the worry that the GST would result in drastically higher ... Read More

by Ken Lim Interested know more about what is actually happening on the ground in Penang's property market? This webinar will covers the market analysis of the Penang residential housing sector and provide the insights about trends, price movement, demand and supply. It is based on the engagement in PenangPropertyTalk.com ... Read More

Commercial banks should be roped in to help the poor obtain loans for affordable housing. Penang Housing, Town and Country Planning Committee chairman Jagdeep Singh Deo said the Federal Government should have a ‘speedy’ solution to solve the high number of loan applications which are rejected. Commenting on Urban Wellbeing, ... Read More

by Charles Tan I was in Penang last weekend for an important lunch. As I was driving past the second bridge, I noticed that the condition was exactly the same when I drove across it last month and two months before. There were very few cars on the bridge! Ok, ... Read More

Mah Sing Group Bhd which will be launching a new project in Penang, namely The Coastal, on Oct 4 in conjunction with its 20th anniversary celebrations, is keen to expand its land bank in the northern state. Mah Sing Properties Sdn Bhd chief operating officer (COO) Teh Heng Chong said ... Read More

Malaysian Resources Corporation Bhd (MRCB) has received the nod from the Penang authorities to proceed with construction of the much-awaited transport terminal in the Penang Sentral project. The RM230 million terminal forms the first phase of the RM2.3 billion integrated Penang Sentral project in Butterworth and is targeted for completion ... Read More

Some 20,000 visitors made their way to the Malaysia Property Exhibition (Mapex) 2014 at the Subterranean Penang International Convention and Exhibition Centre (SPICE) in Relau, Penang, in search of their dream home. From landed properties to high-rise units, the Mapex City 2014 showcased projects by reliable developers with prices which ... Read More