THE coming Budget 2013 is expected to address two interesting issues - how to curb the speculative property market and how to address the issue of affordable housing. In a recent report, Kenanga Research says market talk is that the Government will consider hikes in real property gains tax (RPGT) and increase ... Read More

MOTORISTS travelling along the Tun Dr Lim Chong Eu Expressway in Penang should enjoy a smoother journey after the road-widening project is completed by end of this month. Penang Chief Minister Lim Guan Eng said the project was carried out by IJM Corporation Bhd and the Malaysian Highway Authority. “The ... Read More

Beryl Garden, located on a small piece of land next to Jalan Pondok Upeh, within the established township of  Balik Pulau. Walking distance to all amenities such as wet market, Chong Teik school and Balik Pulau Town. Property Project : Beryl Garden Location : Balik Pulau, Penang Property Type : 2-storey & 3-storey ... Read More

Taman Impian Ria, strategically located within Alma township in Bukit Mertajam. Current phase of residential development by Asas Dunia Berhad comprises 62 unit of 2-storey terrace houses with two design types. Each unit comes with built-up area ranging from 2,009 sq.ft. onwards. Property Project : Taman Impian Ria Location : Alma, Bukit ... Read More

PETALING JAYA: Kenanga Research has downgraded the property development sector to a “neutral” rating from “overweight” previously, due to potential worse-than-expected Budget 2013 risks. It noted that recent news reports had indicated that Budget 2013 would see measures to control the soaring prices of property, including tighter fiscal policies to curb speculation ... Read More

The Peak, strategically located within the established township of Sungai Nibong, Penang. Comprises 2 blocks of 341 units condominium featuring a tension swimming pool which morphs into a 4 storey high waterfall as an entrance statement into the development. The facade is varied from floor to floor and unit to ... Read More

PETALING JAYA: The secondary residential property market could face a slowdown in transactions within the next six to 12 months due to oversupply of properties caused by speculative buyers. Malaysian Institute of Estate Agents (MIEA) deputy president Siva Shanker said “secondary properties in secondary locations,” namely apartments within the RM150,000 to RM300,000 ... Read More

AFTER losing a roof over his head due to an interim court order in Penang more than two weeks ago, Tan Kim Swee thought his parents would never get to enjoy the comforts of a home. The 34-year-old construction worker, who earns only RM900 per month and has to support ... Read More

Taman Sungai Ara, located within the established township of Sungai Ara, Penang. This residential property development by WLB Properties Sdn. Bhd., comprises 37 units 3-storey terrace houses with built-up area ranging from 3,389 sq.ft. - 3,869 sq.ft. Each will comes with a private lift. Property Project : Taman Sungai Ara Location : ... Read More

PETALING JAYA: Affordable housing will be one of the highlights in Budget 2013, said Datuk Donald Lim Siang Chai. The Deputy Finance Minister said among the initiatives being looked into was the enhancement of low-cost home development projects, particularly the My First Home Scheme. Lim said the Government had proposed to ... Read More