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Economist: Cap for affordable housing will only drive prices up
Setting ceiling prices for affordable homes, even if temporary, will not address the shortage of affordable housing, an economist says. In the recently tabled 12th Malaysia Plan, it was revealed that the government would implement price caps for affordable homes on the secondary market and limit the number of units ... Read More
Mah Sing: The 12th Malaysia Plan will be beneficial to the housing sector
The various steps under the 12th Malaysia Plan (12MP) to reinvigorate the country's economy post-pandemic will augur well for the housing sector, said Mah Sing Group Bhd founder and group managing director, Tan Sri Leong Hoy Kum. The 12MP, according to Leong, is a positive step toward boosting economic growth, ... Read More
SITE PROGRESS: Signature Two (Sept 2021)
About Signature Two A 31-storey residential development by Excel Focus Sdn. Bhd. in Perai, Penang. This development is strategically located along Jalan Baru, next to The Signature condominium. It is only within mere minutes' drive from Penang bridge, featuring 121 condominium units Find out more about Signature Two Register your interest here ... Read More
RM2.25b allocation in housing assistance for the poor
The government has allocated RM2.25 billion to provide housing assistance to the poor under the 12th Malaysia Plan (12MP), said Prime Minister Datuk Seri Ismail Sabri Yaakob. He said the allocation was to build and repair 85,500 units of houses, namely 75,000 units in rural areas and almost 10,500 units in urban areas, under ... Read More
Penang not ruling out third bridge option
Penang has yet to decide if it will go for a third bridge crossing instead of an undersea tunnel connecting the island and Seberang Perai. Chief minister Chow Kon Yeow said the state has so far conducted a feasibility study on the construction of an undersea tunnel only. “The study ... Read More
KPKT plans two PPR in Penang
The Housing and Local Government Ministry (KPKT) plans to implement two People’s Housing Projects (PPR) in Penang under the 12th Malaysia Plan, said its minister Datuk Seri Reezal Merican Naina Merican. He said compared with others states, the number of PPR houses in Penang was still very low, with the ... Read More
Penang Housing Board ready to start its first affordable housing project in Bayan Baru
The Penang Housing Board, which came into full operations in January this year, is set to kick start its first affordable housing scheme in Bukit Gedung, Bayan Baru. State Local Government, Housing, Town and Country Planning Committee chairman Jagdeep Singh Deo said the project is expected to have its groundbreaking ... Read More
SITE PROGRESS: Valencia Residence (Sept 2021)
SHOW GALLERY 360 VIRTUAL TOUR [View in FULL SCREEN] About Valencia Residence Affordable yet luxuriously comfortable, Valencia Residence nestled within a friendly neighborhood with a myriad of cultures and ethnicities. It is conveniently located with an abundance of nearby amenities which include international schools, hospital, golf course, and malls. With ... Read More
Construction workers in Penang must undergo fortnightly Covid-19 testing from October
Construction workers will have to undergo Covid-19 testing at least once every two weeks following a new rule enforced by the Penang Island City Council, says its mayor Datuk Yew Tung Seang. He said beginning from October, construction companies will be required to submit the test results of their workers ... Read More
Beacon Executive Suites – A Lifestyle You’ll Want To Flaunt
Introducing Beacon Executive Suites, a distinctive SOHO residence designed to fulfil your every lifestyle needs and beyond. Located within one of the most well-connected neighbourhoods in Penang, Beacon Executive Suites promises the best of both worlds-connectivity and conduciveness in one tranquil setting. Only heartbeats away from George Town’s inner city, ... Read More
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- @lenny 500千你也觉得贵吗?你是马来西亚那一个洞来的? ...celia on Clear definition of affordable housing urged to align supply with demand
- 现在有太多外地客为了工作只是暂时性的居留在槟岛。一旦那“辉煌的电子业”走下坡又是另回事了。 ...chita on Penang among top spenders in Malaysia for decent living
- 这些数据真保守 ...lenny on Penang among top spenders in Malaysia for decent living
- 政府和发展商那有理这么多。他们只要袋袋平安就好。房子越卖越贵。现在500千还可负担真搞笑。 ...lenny on Clear definition of affordable housing urged to align supply with demand
- @millionaire So, what is the benchmark here set by Queens? Noisy condo of benchmark in...Hemsley on Marriott International and Ideal Property to launch ‘Marriott’-branded development at Queens Waterfront
- @millionaire Queens quality is still well below what Andaman (E&O), Moulmein Rise (Belleview) can offer,...felix on Marriott International and Ideal Property to launch ‘Marriott’-branded development at Queens Waterfront
- wang cs : pm , thanks ...wcs on UPCOMING: Jelutong / Kay Pride Sdn. Bhd.
- pm , I'm finding this area condo for living and i am first buyer ...wang cs on UPCOMING: Jelutong / Kay Pride Sdn. Bhd.
- I hope MRT Corp will come with some activities to drum up interest and excitement...Lee HL on Penang LRT project specs come under federal purview
- @lenglong First of all, you must understand what is the meaning of benchmark. A level...millionaire on Marriott International and Ideal Property to launch ‘Marriott’-branded development at Queens Waterfront
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