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Penang’s New Housing Rules Effective 1 February 2014

Penang’s New Housing Rules Effective 1 February 2014

UPDATE: The new housing rules announced in the 2014 Penang state Budget approved at the Penang State Assembly and proposed to be effective from 1 February 2014 are designed to protect Penang from being adversely affected by a property bubble as well as ensuring that public housing and affordable housing ... Read More
Tropic Suites

Tropic Suites

Tropic Suites, the remodelling and refurnishing of an existing building previously known as the NB Place, a commercial building located in Gottlied Road. Strategically located near to Penang City center, Hospitals, Schools, Parks & Popular Eateriesw. The remodelling & refurnishing to include both the inside and the facade of the ... Read More
Taman Villa Indah

Taman Villa Indah

Taman Villa Indah, a low density gated and guarded housing scheme strategically located along Jalan Bukit Tengah, Penang. With easy access to Penang Bridge and surrounded by schools, markets and eateries. This development comprises 45 units of 2-storey terrace and semi-detached houses with indicative price of RM503,000 onwards. Property Project: Taman ... Read More
solaria-residences-penang

Solaria Residences

Solaria Residences, another high rise development by Ideal Property in Bayan Lepas, Penang. This is strategically located with the vicinity of One Residence, a stone's throw away from the upcoming Straits International School. Comprising condominium units with size ranging from 1,100 sq.ft. onwards. [ To be updated with more images ... Read More
Penang ready to increase quantum of Affordable Housing Fund

Penang ready to increase quantum of Affordable Housing Fund

The Penang government is prepared to increase the RM500mil Public and Affordable Housing Fund if it is not sufficient to build 20,000 housing units in all five districts in the state. Chief Minister Lim Guan Eng said that despite not receiving any funding from the Federal Government, it was able ... Read More
imperial-residences

Imperial Residences

After the successful sales of One Imperial, Ideal property is launching the phase two of Imperial Residences, which was also known as Imperial II. This development is strategically located within the established township of Sungai Ara, next to One Imperial. Comprising condominium units with size ranging from 1,100 sq.ft. onwards ... Read More
Second Penang bridge expected to open in February

Second Penang bridge expected to open in February

The second Penang bridge, which is now 99.9% completed, is expected to be opened to the public in February, said Works Minister Datuk Fadillah Yusof. “Only the construction of two toll plazas in Batu Kawan – one at the Bandar Cassia interchange and the other at the interchange connecting to ... Read More
Penang pushes ahead with property ruling despite criticisms

Penang pushes ahead with property ruling despite criticisms

GEORGE TOWN: The Penang government is standing firm with its new ruling on property sale even as critics slam it, saying the ruling is illegal. State Housing, Town and Country Planning committee chairman Jagdeep Singh Deo said the state controls the land office, so with land being a state matter, ... Read More
PG88 @ Teluk Kumbar

PG88 @ Teluk Kumbar

PG88 @ Teluk Kumbar, a residential development by TPPT Sdn. Bhd. within the vicinity of Teluk Kumbar Heights in Penang. It is only mere minutes drive to Penang International Airport and approximately 10km aways from Penang Second Bridge. This development comprises 24 units of 3-storey terraces, with an indicative price ... Read More
Land prices in Penang likely to rise next year

Land prices in Penang likely to rise next year

A LAND valuation of RM1,200 per sq ft for 44.5ha of reclaimed land in Penang by the state government is being used as a point of reference for land transactions, claims the Real Estate and Housing Developers Association (Rehda). The association's Penang chairman Datuk Jerry Chan said yesterday land prices ... Read More