And so it is true. Property consultants’ laments about the property market consolidating and transactions slowing down have now been confirmed by the National Property Information Centre (NAPIC) in their first quarter numbers for this year. Although the findings are six months backdated as it is already August, the government ... Read More

Taman Cassa Maya, a gated and guarded housing scheme by Streamsville Sdn. Bhd. in Butterworth, Penang. It comprises 12 units of semi-detached and 115 units of terrace houses with wide range of exclusive facilities and swimming pool. Call 012-481 8018 now and save up to RM68,838! Here are 21 reasons ... Read More

Taman Rebana Indah, a guarded residential development by Sunny Homes in Sungai Bakap, Penang.  Strategically located along federal road, with easy access to Penang Second Bridge via Jalan Perindustrian Valdor. This project comprises 16 units of 2-storey semi-detached and 52 units of 2-storey terrace houses. Indicative price starts from RM394,800 ... Read More

The Penthouse, a luxury high-rise development by Method 123 Sdn. Bhd. in Tanjung Tokong, Penang. This development is strategically located between Jalan Bunga Hinai and Jalan Gajah, next to Costavilla Condominium. This 29-storey tower comprises only 22 residential units, with standard unit size ranging from 5,000 sq.ft. onwards. The penthouse ... Read More

This month, we will explore the effects of the Goods and Services Tax (GST) on various types of properties when it comes into effect next year. Residential properties will be exempted from GST. Hence, the seller is not allowed to charge GST on the sale, lease and rental of residential ... Read More

RM5 for a bowl of curry noodles? In my day, it was 50 sen!” Sounds familiar? No doubt you hear your parents and grandparents griping about today’s prices more often than not. The reason for these price differences is simple and straightforward: inflation. We won’t go into the mechanics of ... Read More

Mah Sing Group Bhd will develop RM3.4bil worth of residential projects in Penang and Kuala Lumpur over the next five years. Group chief executive officer Ng Chai Yong told StarBiz two of the projects would be located in Penang, while another two would be in Kuala Lumpur. In Penang, Mah Sing plans ... Read More

Taman Puteri Emas, an upcoming mixed development by Lai Keat Development in Simpang Empat, Penang. This project is strategically located along Jalan Tasek, less than 10 minutes drive to Penang Second Bridge. This development comprises: 40 units 2-storey semi-detached 59 units 2-storey terrace 12 units 2-storey shop house 2 units ... Read More

* Article by FREEMEN * My view on the outlook for Penang property market is, moving forward, cautiously optimistic. Why do I say that? Increase in investment in the State Penang’s total approved capital investment from January to May 2014 totalled RM3.13 billion, as compared to RM3.91 for the whole ... Read More

Aston Vista, a 34-storey residential development by Alor Vista Development Sdn. Bhd. in Bukit Mertajam, Penang. This project comprises 284 condo units with built-up area ranging from 1,314 sq.ft - 2,422 sq.ft. Each unit comes with 2 covered car parking lots. A wide range of amenities and facilities including hypermarket, ... Read More