Eco Terraces, a gated and guarded development by EcoWorld in Paya Terubong, Penang. Located on a 12.79 acres landscaped ground, with only 30% of the land used for development. It comprises 333 condominium units with sizes ranging from 1,095 sq.ft. - 2,008 sq.ft. Eco Terraces’ clubhouse boasts comprehensive services including ... Read More

* Article by Richard Oon * While presenting the recent Budget 2014, Prime Minister Datuk Seri Najib Razak announced the introduction of the Goods and Services Tax (GST) and when enacted, GST will be effective from 1 April 2015 and standard rated supplies will be subject to GST at a ... Read More

Y-Storey, a 19-storey residential building by Yeangs Sdn. Bhd. within the established township of Pulau Tikus, Penang. It is strategically located at the junction of Jalan Burmah and Jalan Bagan Jermal, comprises 90 units of SOHO, 2 & 3-bedroom apartments.  It also has an upmarket restaurant within the refurbished heritage house ... Read More

I recall reading a letter written to the editor of a popular daily which caught my eye. The man related the story of the advice given by his grandfather and father about getting onto the house ownership ladder as early as possible. He was a young man, a fresh graduate ... Read More

Low-cost homeowners must evict their tenants and move into the units themselves within the month or face possible jail time, the Penang government warned today. Housing development state executive councillor Jagdeep Singh Deo told the owners that renting out the homes is a breach of their low-cost housing contracts. “So, ... Read More

RESIDENTS of the One World and One Sky condominium blocks in Bayan Baru, Penang, are disputing the annual property value (APV) fixed for their units by the Penang Municipal Council (MPPP). One World chairman Brandon Oon, representing the owners of all 538 units of both blocks, said the APV of ... Read More

Taman Villa Permai, a gated and guarded housing scheme by Cheng Hoon Development in Butterworth, Penang. This development is strategically located along Jalan Ong Yi Haw, only a stone's throw away from SMK Bagan Jaya and Chung Ling High School. Comprises 5 units of bungalow and 58 units of semi-detached ... Read More

Enclave Seaview Residences, strategically located along the famous tourist belt of Batu Ferringhi in Penang. It boasts a Mediterranean-inspired village concept with 87 luxurious hillside villas, overlooking a long stretch of golden sands. Designed by a French architect, these majestic villas offer grand living spaces and unobstructed views of the ... Read More

The island, however, is seeing fewer residential property launches due to land shortage, higher land cost and a challenging property market environment. Nevertheless, Raine & Horne director Michael Geh says the gross development value (GDV) of the projects launched on the island this year will still be higher. Of this ... Read More

Penang will blacklist any developers found in cahoots with “gangster contractors” who intimidate home buyers into engaging them for renovations. The state government said it has arranged to meet with the Penang police chief to crack down on the group allegedly intimidating and threatening new home buyers into engaging their ... Read More