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Aspen partners LG to built smart city at Batu Kawan

LG Electronics Inc few days ago has entered into a partnership with Aspen (Group) Holdings Limited to provide technological solutions, products and services for all of the developer’s real estate developments. The signing of the partnership will see LG setting up its first academy in Malaysia to provide training in skills ... Read More
grr

Be cautious over Guaranteed Rental Return schemes (GRR)

Penangites are getting pretty familiar with GRR schemes. For those who have not heard it, GRR schemes promise a fixed rental income for house buyers for a certain period of time. These schemes are legal, but they are actually not governed by the Housing Development (Control & Licensing) Act. It ... Read More
BankNegaraCCRIS

Free CCRIS report for public by Bank Negara

Bank Negara Malaysia has launched its free online platform for the public to access their own central credit reference information system (CCRIS) report, anywhere at their convenience. The new initiative – eCCRIS is a secure online platform – and the service is provided for free and is available nationwide starting ... Read More
penang-property-outlook-2018

Penang Property Outlook 2018

As we walked down to the memory lane of 2017, it was obviously one of the slowest year in the decade for properties. There were only a handful of new projects launched throughout the year and some were delayed. Developers were very careful with what they were launching and many ... Read More
taman-nuri-emas

Taman Nuri Emas

Taman Nuri Emas, an on-going mixed development by Asiabina Holdings Sdn. Bhd. at Nibong Tebal. Located next to Residensi Merbok, less than 500 meters away from Jawi toll plaza. It will only take 10 minutes to drive to Penang 2nd bridge. This development comprises 90 units of semi-detached houses and ... Read More
penang-food

Penang property prices affected by signature dishes?

Found this interesting story by Henry Butcher Malaysia. Read on... :) When one mentions Penang, two thoughts usually come to mind: char kway teow (and the island’s assortment of street food), and high property prices. For both, thefocus lies mainly on George Town, the multicultural capital of the state, which ... Read More
upcoming-teluk-kumbar-whh-land

AFFORDABLE: Teluk Kumbar / WHH Land

Yet another proposed affordable housing by Definite Harmoney Development Sdn. Bhd. at Teluk Kumbar. Located along Jalan Teluk Kumbar, diagonally opposite Flat Taman Emas. It is only 500 meters away from The Lexis Suites and Sunway Aspera housing scheme. The development comprises a 16-storey apartment, offering 85 and 129 units of ... Read More
PenangTunnelGraphic

Penang Undersea Tunnel deal under investigation

The Malaysian-Anti Corruption Commission (MACC) probe into the controversial Penang undersea tunnel is focused on land swaps that were made for the feasibility and detailed design study which has yet to be completed. Sources said investigators are scouring documents involving two plots of land – Lot 702 and Lot 713 ... Read More
proposed-development-sunrise-tower

UPCOMING: Gurney Drive / Sunrise Towers Sdn. Bhd.

A newly proposed development by Sunrise Towers Sdn. Bhd. on a half-acre land at Gurney Drive in George Town. It is strategically located close to Gurney Drive Roundabout, adjacent to the famous Gurney Drive Hawker Centre. The land is currently occupied by a 40-year-old 18-storey condominium - Sunrise Tower. It ... Read More
affordable-housing-penang

Forms for government housing schemes are FREE OF CHARGE

About 40 people claimed to have been cheated by irresponsible parties over the purchase of People's Housing Project (PPR) units, said Urban Wellbeing, Housing and Local Government Minister Tan Sri Noh Omar. He said the victims claimed to have purchased application forms from third parties at the price of between ... Read More