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Common problems in a sub sale transaction
A typical transaction for a sub-sale and purchase agreement (SPA) of an immovable property (whether a landed property or strata titled property) in the secondary market is normally divided into three stages: The pre-SPA stage; The formation of the SPA stage; The completion of the SPA stage. The pre-SPA stage ... Read More
Prepare for a rate hike
There is a view emerging out there that Bank Negara will have to raise the benchmark overnight policy rate (OPR) by the end of the year or early next year. This view is premised on a strengthening economy, which usually means higher inflation as wages grow, unemployment comes down and ... Read More
Penang Property Convention – 29 July 2017
In collaboration with GM Training Academy, we are co-organizing "Penang Property Convention" on 29 July 2017. Come and join us for this informative property investment event. Whether you are seasoned property investor or first time home buyer, this event will give you a real insight into Penang property market trends and learn about buying ... Read More
New mayor’s vision for a smart city
The objective of creating a smart and intelligent city is possible with the right vision and manpower to carry out the plans, said new Penang Island City Council (MBPP) mayor Datuk Maimunah Mohd Sharif. “The focus is to increase the quality of services provided by the city council and the ... Read More
Mah Sing acquires 10.89-acre land in Penang for RM43.8m
Mah Sing Group Bhd (Mah Sing) has acquired two new pieces of prime lands in Batu 2.5 Cheras, Kuala Lumpur and Bukit Mertajam, Penang, for a total RM307.3mil. It said the lands in Kuala Lumpur and Penang were for a proposed integrated development and a business park respectively with a ... Read More
Montage
Montage, yet another high-rise development by Prisma Bumiraya Sdn. Bhd. (Pearl Ocean) at Sungai Nibong, Penang. It is strategically located of Gerbank Bukit Kecil 2, adjacent to Kristal Court Townhouse and Kristal Villa. This is just a stone's throw away from the company's first condominium development in Sungai Nibong - Novus ... Read More
UPCOMING: Bukit Mertajam / Mansion Properties SB.
A newly proposed mixed development by Mansion Properties Sdn. Bhd. (A subsidiary of MPSB Group) at Machang Bubuk, Bukit Mertajam. It is located near Jalan Machang Bubok 1, about 5 minutes walk to SK Machang Bubuk Li. It's neighboring communities include Tropicale Residency, Hillpark Residence and Taman Machang Bubuk. This ... Read More
Makeover of back lanes in George Town to start next month
The goal of bringing life to under-used back lanes in George Town, Penang, is starting with the RM950,000 makeover of the one connecting Magazine Road and Gurdwara Road. The facelift would involve an 870sq m area and is being touted as a pioneer project to beautify back lanes in the ... Read More
Homes worth RM20mil left unoccupied in Penang
Some RM20mil worth of residential properties in upper class neighbourhoods of Penang island have been left unoccupied for many years, turning them into eyesores. The dilapidated buildings at Jalan Masjid Negeri and Lebuh Bukit Jambul have become dumpsites or breeding ground for mosquitoes. A woman employee of a development firm ... Read More
New Logo and Tagline for Aspen Group
Aspen Group’s iconic ‘AG’ corporate logo has been given an update alongside a new tagline to better represent the company’s core values. The updated symbol, with white against dark teal, now adorns the group’s offices and project sites alongside the words ‘Redefine Living’. It epitomises the culture that drives the ... Read More
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Latest Projects
TODAY'S MOST READ
RECENT COMMENTS
- sun : why the thread here talking more about others project rather the Q3?...Minion on Queens Residences Q3
- can affordable houses be sold within 5 years? if yes, need state government consent? ...superzen on Affordable Housing @ The Zen
- millionaire : @Mr Tai If what you said is right, such as 20 years...Mr Tai on Marriott International and Ideal Property to launch ‘Marriott’-branded development at Queens Waterfront
- bought 300k, want to sell 700k what a whooping extortion gain in 3 years, where...Mr Tai on Affordable Housing @ The Zen
- @Sam The sole reason it is not selling off is because developer don't use agency...Ken on The Cube
- why the thread here talking more about others project rather the Q3? ...sun on Queens Residences Q3
- bought at 300K ...Minion on Affordable Housing @ The Zen
- @Ryu agree! ...LL on The Cube
- @Sam Off course people got doubt. First is developer. 2ndly is location define as in...Ryu on The Cube
- @Ryu Many are not aware about this project and as far as I know it...Sam on The Cube
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Latest Property News
OTHER DEVELOPMENTS
- Affordable Housing (Penang Island)
- Butterworth Arena
- Columbia Asia Medical Centre
- Eco-Tourism Hub @ Batu Kawan
- Escape Penang – Eco Theme Park
- GBS @ The Waterfront
- GBS by The Sea
- Gurney Wharf
- IKEA Batu Kawan
- Island Medical CIty
- Kobay Jelutong
- Lin Xiang Xiong Art Gallery
- Linear Waterfront
- Mitsui Outlet Park @ PIA
- One Auto Hub @ Batu Kawan
- Penang Arts District
- Penang Eastern Seafront Development
- Penang Medical & Digital Technology Hub
- Penang Premium Outlets (Design Village)
- Penang Sentral
- Penang South Islands
- Penang Transport Master Plan
- Penang Waterfront Convention Centre
- Penang World City
- PIA Expansion
- Silicon Island
- Teluk Bahang Wellness Resort
- The Ship Campus (ALC College)
- The Top @ Komtar
- Wellness City of Dreams