Affordable housing applicants must now show their creditworthiness when applying. The state government has made this a requirement on the advice of Bank Negara, said state Housing Comittee chairman Jagdeep Singh Deo. “Bank Negara has urged us to require applicants to submit a Central Credit Reference Informa-tion System (CCRIS) report ... Read More

The National Housing Department will notify successful applicants for the My First Home Financing Scheme (MyDeposit) by the end of this month. National Housing Department director-general Datuk Mohamad Yusoff Ghazali said the department had so far received 7,347 applications for the scheme, 1,046 of which provided complete documents. “Selangor recorded ... Read More

Seven road projects totalling RM1.96bil have been approved for Penang under the First Rolling Plan (2016-2017) of the 11th Malaysian Plan. On the island, they include road upgrades from Teluk Kumbar to Penang International Airport (RM390mil), from Batu Maung to Penang Bridge (RM373.2mil), from Batu Maung to the Jalan Sultan ... Read More

* Article by Freemind Works * The year 2015 has seen significant highlights in the property market. The year started with the implementation of GST in April 2015. The predictions of frenzy buying before and after the GST did not come true. Majority of investors, instead, took a wait and ... Read More

Members of the public aresupportive of Penang’s Gurney Wharf project according to a survey carried out by the state, according to Penang Housing, Town and Country Planning Committee chairman Jagdeep Singh Deo. “More than 80% of the 832 individuals and five organisations who responded to thepublic survey on the Gurney ... Read More

A proposed mixed development scheme on a 5-acre land along Swatow Lane in George Town. The site is currently occupied by New World Park, a famous food court with more than 30 food operators and retailers. The proposed development will see the demolition of New Work Park for the following project: One block ... Read More

A proposed luxury development by PPH Resorts Sdn. Bhd. in Sungai Ara, Penang. It is situated on a hill next to Setia Pearl Island, with panoramic views over Penang International Airport and second bridge. This development comprises 68 units of 3-storey bungalow houses, with four different design layouts. This is still in ... Read More

Sapphire, a small residential development by Seal Properties Sdn. Bhd. in Batu Maung, Penang. Located along Jalan Batu Maung, accessible via Lorong Batu Nilam 1. It is adjacent to Sunway Mutiara scheme, only 2km away from Penang Second Bridge. This development comprises 14 units of 3-storey semi-detached and terrace houses ... Read More

Penang has received its first two Perumahan Rakyat 1Malaysia (PR1MA) applications to undertake affordable housing projects involving 2,600 units. The applications are for a project in Batu Ferringhi (1,520 units) and another in Kampung Kastam, Bukit Gelugor (1,124 units). State Housing, Town and Country Planning Committee chairman Jagdeep Singh Deo ... Read More

The Penang executive council today gave the green light to Penang Transport Master Plan (PTMP) project delivery partner SRS Consortium Sdn Bhd for the railway and highway schemes that include a rail line from Komtar to the airport and the Pan Island Link. SRS tabled the plans to the state ... Read More