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Residential supply expected to recover in three years
The excess in supply of residential properties is expected to clear in three to four years, paving the way for a recovery in the property market, says housing industry experts. The new National Information Property Centre (Napic) 2016 report shows that the incoming supply of residential properties has inflated to ... Read More
UPCOMING: Bukit Mertajam / GTM Land & Property
An on-going mixed development by GTM Land & Property Sdn. Bhd. at Bukit Mertajam, Penang. Strategically located along Jalan Kulim, next to the famous Roman Catholic church - St Anne's Church. It is just a mere minutes drive away from Maju Jaya Business Center in Kampung Baru. This development will feature a mix ... Read More
Homebuyers to bear the brunt of rising building costs
Property developers have warned that home prices may rise following the government’s recent move to slap a safeguard duty on the import of certain steel products for three years. If the safeguard duty leads to a rise in steel prices, Real Estate and Property Developers’ Association (Rehda) president Datuk Seri ... Read More
UPCOMING: Tanjung Bungah / BSG Property
Yet another proposed mixed development by BSG Property at Tanjung Bungah. Strategically located along Jalan Lembah Permai, adjacent to 2 Permai landed housing scheme by the same developer. It is only a mere minutes drive to Tunku Abdul Rahman (TAR) University College. This development will feature a mix of condominium ... Read More
Property Marketing Report 2016 indicates property prices remain steady
House prices have remained steady despite a slowdown in property sales and a huge overhang of unsold units. According to the Valuation & Property Services Department’s (JPPH) Property Market Report 2016, prices of residential property continued to grow, albeit moderately despite the current market glut. “The Malaysian House Price Index ... Read More
The Ship Campus (Peninsula College)
The Ship Campus (Peninsula College) is an upcoming university campus in Batu Kawan, combining an eco-friendly campus with a dynamic blend of technology and innovation to enable professional learning. The 5-acre campus is strategically located at the southern part of Batu Kawan and it is part of PKT's "One Auto ... Read More
Reclamation report to cover locals’ concerns
The Environmental Impact Assessment report for the reclamation on Penang island’s southern coast will be submitted to the Department of Environment by the end of this month. State Local Government, Traffic Management and Flood Mitigation Committee chairman Chow Kon Yeow said the report would comprise various studies on the impact ... Read More
Nafiri @ Val d’Or
Nafiri @ Val d’Or, a light industrial development by GUH Holding at Sungai Bakap. Strategically located next to 156.5km of North-South Expressway, adjacent to Valdor Industrial Estate. It is just a short drive away from Hijauan Valdor housing scheme by Asas Dunia. This development will feature 58 units of 3-storey ... Read More
UPCOMING: Batu Ferringhi / Orientside Development (Q)
Proposed high-rise residential development by Orientside Development Sdn. Bhd. in Batu Ferringhi, Penang. Part of the company's 13.3ha development next to the island’s tourism belt in Batu Ferringhi and adjacent to Uplands International School. The latest proposal comprises a 47-storey building with 8 levels of carpark and 2 residential towers ... Read More
Increase in contribution fee postponed
The Penang government has decided to postpone its decision to raise the contribution fee by developers who fail to build low-cost and low medium-cost housing until the year-end. State Housing, Town and Country Planning Committee chairman Jagdeep Singh Deo said the state received complaints from Penang Real Estate and Housing ... Read More
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RECENT COMMENTS
- @damien Why worry? I have many house. Later repair. No problem. Seafront coastline is normal...Ryu on SITE PROGRESS: Mezzo @ The Light City (Oct 2024)
- @Oh nice Haha, not worried, just saying. According to disaster dept analysis, during the recent...damien on SITE PROGRESS: Mezzo @ The Light City (Oct 2024)
- Gonna be Batu Kawan Landmark. Muze in Batu Kawan ...Jenn Kim on PROPOSED: 54-Storey serviced residence @ Batu Kawan
- @damien why you worry, storm here, unlike hurricane or typhoon elsewhere, does not kill....... ...Oh nice on SITE PROGRESS: Mezzo @ The Light City (Oct 2024)
- Not sure why people still questioned PDC. The plots of land there were sold to...Wan on PROPOSED: 54-Storey serviced residence @ Batu Kawan
- Don't forget Asia Green took 10 years to complete Quaywest, LOL. ...millionaire on SITE PROGRESS: Mezzo @ The Light City (Oct 2024)
- @chookimhock Why worry? So many house available ...Ryu on Iconic Regency
- @chookimhock Yup. The AG price tag is reasonable & plenty of happy purchaser. The location...Ryu on SITE PROGRESS: Mezzo @ The Light City (Oct 2024)
- Well, I wouldn't say it's only IJM, some other condos near the coast also had...damien on SITE PROGRESS: Mezzo @ The Light City (Oct 2024)
- How much is the maintenance fee for this project ? ...BM Guy on Mertajam Heights
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Latest Property News
OTHER DEVELOPMENTS
- Affordable Housing (Penang Island)
- Butterworth Arena
- Columbia Asia Medical Centre
- Eco-Tourism Hub @ Batu Kawan
- Escape Penang – Eco Theme Park
- GBS @ The Waterfront
- GBS by The Sea
- Gurney Wharf
- IKEA Batu Kawan
- Island Medical CIty
- Kobay Jelutong
- Lin Xiang Xiong Art Gallery
- Linear Waterfront
- Mitsui Outlet Park @ PIA
- One Auto Hub @ Batu Kawan
- Penang Arts District
- Penang Eastern Seafront Development
- Penang Medical & Digital Technology Hub
- Penang Premium Outlets (Design Village)
- Penang Sentral
- Penang South Islands
- Penang Transport Master Plan
- Penang Waterfront Convention Centre
- Penang World City
- PIA Expansion
- Silicon Island
- Teluk Bahang Wellness Resort
- The Ship Campus (ALC College)
- The Top @ Komtar
- Wellness City of Dreams