The Penang government has proposed that the price threshold for foreigners to purchase urban high-end properties in the state to be set at RM800,000, compared to RM600,000 announced by Finance Minister Lim Guan Eng during the 2020 Budget. Penang’s Housing, Local Government, Town and Country Planning Committee chairman Jagdeep Singh ... Read More

Condominium and apartment units priced between RM200,000 and RM300,000 dominate the list of property overhang in the country, mainly contributed by those in Perak and Kedah. Deputy Finance Minister Datuk Wira Amiruddin Hamzah said condominium and apartment units made up 43 per cent of the total property overhang in the ... Read More

Mah Sing, with their tagline of “reinvent spaces, enhance life” continues to live up to their belief that excellence is achieved by upholding basic principles a company is built upon. These statements are at the very core of everything they do and they will continue to set milestones as one ... Read More

Up to 20,000 people thronged IKEA Batu Kawan on its first day of operations, yesterday. Excited patrons from across northern Peninsular Malaysia made their way through the 470,146 square foot store and explored its 49 different showrooms. During their visit, customers also tucked into IKEA’s iconic cafeteria fare – according ... Read More

The Real Property Gains Tax (RPGT) valuation on property would only be calculated from the year 2000 onwards, says Finance Minister Lim Guan Eng. He said that this is done to give clarity on the issue following feedback from concerned property owners who have bought and owned land extending decades ... Read More

Penang is confident that it will achieve its 14th General Election pledge to build 75,000 affordable homes in the state by 2022. State Housing, Town, Country Planning and Local Government Committee chairman Jagdeep Singh Deo said to date, the total number of units built and those in progress have surpassed ... Read More

* Article by Freemind Works * Want to make some extra money without investing a lot? There are 27 businesses that you can start with under RM1,000. For example, be a freelancer at Fiverr, offer tuition classes for subjects/ skills you are good at, and photographer at birthdays, weddings and other ... Read More

M Vista @ Southbay, is an upcoming project by Mah Sing Group, part of the company’s Southbay township development at Batu Maung. It is located just a stone’s throw away from Free Trade Zone, less than 5 minutes drive to Penang Second Bridge. Stay tuned for the launching of this 237-unit serviced ... Read More

Article by Freemind Works To own our own home is viewed by society as one of the key milestones of being successful. Hence, we will almost always buy a property for our own stay first. However, with the rising home prices and the fact that our salary or income is still ... Read More

More lower-priced affordable homes await first-time buyers on Penang Island as more developers are willing to build RM150,000 apartments on the island, ever since the state government’s lowering of maximum prices in one category last year. State executive councillor in charge of housing Jagdeep Singh Deo said the state government ... Read More