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stop-order-featured

Court upholds Appeals Board’s stay order on condo project

A developer has failed in its bid via judicial review to set aside the stay order issued by the Penang Appeals Board on its high-rise project in Pykett Avenue here. A High Court here upheld the decision of the board in the issuance of a stay of implementation of planning ... Read More
Penangpropertyprices-featured

Rocky second quarter, slower secondary market

Things have been quiet on the Penang primary property market so far, although the secondary market has seen some activity, albeit slower. “High-end products are struggling but properties below RM700,000 are still okay,” observes Raine & Horne International Zaki + Partners director Michael Geh when presenting the Penang Housing Property ... Read More
eco-bloom-launching-featured2

Official Launching of Eco Bloom @ Eco Meadows

Have you always wished that your home is from the English architecture designs? Seeing is believing! You are cordially invited to the Official Launching of Eco Bloom on this Sunday (25 September) at EcoWorld Gallery @ Eco Meadows. Eco Bloom, inspired by the scenic pastures of English royalty, is a ... Read More
BNM-financing

We need reasonably priced houses, not longer loan tenure

The maximum housing loan tenure of 35 years is more than sufficient for borrowers to settle their housing loans before their retirement, Bank Negara Malaysia said. "For example, if a housing loan is offered when the borrower is 25-year-old, a financing tenure of 35 years will extend to the retirement ... Read More
affordable-housing

How about lowering property prices?

As controversy rages over the suggestion for developers to lend money to prospective buyers who have difficulties getting financing to purchase properties, one question remains unasked: Will lower property prices help resolve the buyers’ financing problem? The logic is that by reducing prices, prospective buyers will be eligible to get ... Read More
Backdrop

Official Launch of Mekarsari @ Bertam, Kepala Batas

Good news! Mekarsari @ Bertam, Kepala Batas will be launching on 24th & 25th September 2016 (Sat & Sun) from 10am – 5pm at Mekarsari Show Village. Great deals and rewards await you. Price from RM4XXK onwards. For more information, please contact 04-5757000 or visit our Facebook Page @ Mekarsari ... Read More
hijauan-juru-main

Hijauan Juru

Hijauan Juru, a proposed mixed development by Firma Atasan Sdn. Bhd. at Juru. It is located along Jalan Juru, about 5km away from Juru AutoCity. This development will see a mix of high-rises and shop offices, to be developed in 3 phases: Phase 1: 2-storey shop office (11 units) 4-storey ... Read More
softlaunch-skyridge-fb

Soft Launching of Skyridge Garden @ Tanjung Tokong

You are cordially invited to the Soft Launching of Skyridge Garden @ Tanjung Tokong. RM491 per sqft. onwards with 2 parking bays. Plus free air-conds & water heater tanks. 85% Loan (including 3rd or more houses buyers) with an attractive 4% interest per annum. Visit OHM Group's Marketing Gallery to find out more ... Read More
below-500k

Henry Butcher: 77% of Penang existing residential properties selling below RM500,000

Despite being the one of the most expensive housing markets in Malaysia, the Penang government has been making efforts to push affordable housing development for the young working population. According to Henry Butcher Malaysia (Penang), 77% of the state’s existing residential stock is priced below RM500,000. As at 2Q2016, Penang ... Read More
mahsuri-square-featured

Mahsuri Square

Mahsuri Square, yet another proposed affordable housing at the South West district of Penang Island. It is strategically located within the established township of Bayan Baru, along Jalan Mayang Pasir. This development will see two blocks of 29 & 26-storey buildings, offering a mix of affordable and low medium cost ... Read More