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setia-sky-cube

Setia Sky Cubes

Setia Sky Cubes, an upcoming luxury condominium by SP Setia located along Jalan Bayan Lepas, next to Pavilion Resort Condominium. Within the established township of Teluk Kumbar in Penang, this development comprises 98 residential units with built-up size ranging from 1,119 sq.ft. onwards. With a gross development value (GDV) of ... Read More
slide_fengshui

5 Property Feng Shui Features To Look Out For

Today, feng shui has been inaccurately associated with the practice of understanding if a home, property or general area is considered “good”, “bad”, “auspicious” or “inauspicious”. These terms get thrown around so much, people tend to lose logic and rationale in the rush to fulfil certain “feng shui criteria”. To ... Read More
gst-property-price

Increase In House Prices Just Temporary After GST Implementation

Any increase in house prices upon implementation of the Goods and Services Tax (GST) in April next year is just temporary, as a number of measures are already in place to curtail the rise. Deputy Finance Minister Datuk Ahmad Maslan said among the measures are increasing the real property gains ... Read More
Affordable-Housing

The Reality of Affordable Housing in Penang

by Ken Lim Housing affordability is a common issue not only in Malaysia, but also in many other countries such as Singapore, Hong Kong, China and Australia. Recently I have also read the latest news about India inviting Malaysian developer to build affordable homes in India. In some developed countries ... Read More
pip-event

Property summit in January

The inaugural Penang International Property Summit and an international property exposition will be held in January next year at the Subterranean Penang International Convention and Exhibition Centre (SPICE) in Relau. The summit themed ‘Managing Future Trends and Challenges’ will be held on Jan 9 and Jan 10, while the property ... Read More
BTS_Pic1_c1079164_14613_421

Housing: Build-then-sell concept will not be implemented in 2015

The Urban Wellbeing, Housing and Local Government Ministry has decided that the plan to compel housing developers to adopt the concept of build-then-sell will not be implemented next year. Its minister, Datuk Abdul Rahman Dahlan, said it was to prevent shortage of houses in the market, which will cause a ... Read More
ti-tppt

Tambun Indah calls off RM150m land purchase in Penang

Tambun Indah Land Bhd has terminated its sale and purchase agreement (SPA) with TPPT Sdn Bhd to acquire 27 parcels of land in Seberang Perai, Penang for RM150mil. The company said on Tuesday the SPA, signed by its unit Palmington Sdn Bhd on July 4, 2014, with TPPT had ceased ... Read More
affordable-housing

Quality of affordable houses still not up to the mark

The quality of affordable houses in the country is still not up to standard, said the Construction Industry Development Board (CIDB) Malaysia. Development Sector Senior General Manager Ahmad 'Asri Abdul Hamid said of the 700 projects assessed to date by the CIDB under the Quality Assessment System in Construction (Qlassic), ... Read More
bm-park-lane

BM Park Lane

BM Park Lane, a mixed development by Rank City Sdn. Bhd. (a subsidiary of NYH Group & Companies), within the established township of Bukit Mertajam. This development is strategically located next to Jalan Ciku, opposite Ng Yam Huat food court. It is just a few hundreds meters away from Sunway ... Read More
bizd_lazar_0811_alantongtoonPDF

8 million more houses needed in Malaysia

My attention was captured by a news entitled “The only place where housing is easily affordable” when reading The Times, a UK paper recently. While I had expected some light on affordable housing solutions, I was surprised to find out that Copeland is the only area in England where house ... Read More