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No GST on commercial unit rentals under RM500,000 a year

The Goods and Services Tax will not be imposed on rentals of commercial units below RM500,000 a year, says Datuk Seri Najib Razak. The prime minister said the government had also decided that supply services for all stratified residential houses would be GST-exempt. He said under subsection 18(2) of the ... Read More
State executive councillor Jagdeep Singh Deo during his talk on ‘Affordable Housing’ at the Star Property Fair 2015 at Sunway Carnival Convention Centrein Seberang Jaya yesterday

Affordable homes a big draw

The Penang government has received over 8,000 applications for its affordable housing units priced from RM200,000 to RM400,000. “The response is very encouraging and I urge Penangites to register for them as the chances of being allocated a unit is very high,” said state Housing, Town and Country Planning Committee ... Read More
For the average citizen: (From left) PDC Properties Sdn Bhd sales admin executive Mary Loo telling visitors Leong Jee Yung and Lee Yau Chong all about the state’s affordable housing projects.

Fair sees long queue of visitors seeking affordable homes

The two Penang Development Corporation (PDC) affordable housing booths at the Star Property Fair 2015 at the Sunway Carnival Mall and Sunway Convention Centre in Seberang Jaya have seen a long line of visitors. A spokesperson said there was strong interest in the homes located in Teluk Kumbar, Kampung Jawa ... Read More
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Changing property market of Penang

Until about a year ago, Penang’s south-west district was known as the locality for affordably-priced properties. Since 2008, Ideal Property Group has developed over 4,000 units with a RM3bil gross development value (GDV) there. These include One World, One Residence and Fiera Vista in Bayan Lepas, priced between RM300,000 and ... Read More
Penang aims to cushion property prices

Penang aims to cushion property prices

The state government wants to work with property developers to cushion the impact of skyrocketing property prices and the slowdown in the property market. Penang Deputy Chief Minister I Datuk Mohd Rashid Hasnon said as one of the most economically important states, Penang was experiencing growth that had impacted the ... Read More
Ready for the big day: Workers setting up the scale model of a high-rise project at developer SP Setia’s booth in preparation for Star Property Fair 2015 at Sunway Carnival Mall Convention Centre in Seberang Jaya

The Star Property Fair 2015

Visitors to The Star Property Fair 2015, which opens in Penang today, will find the best residential and commercial properties as well as informative talks and exciting activities, all under one roof. Whether you are looking for a dream home or choice investment option, the event held for the first ... Read More
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The Starhill Garden Condominium

The Starhill Garden, an upcoming condominium development by Aroma Development Sdn. Bhd. in Prai, Penang. It is strategically located along Jalan Baru, only a mere minutes drive from Penang bridge. This development comprises a 25-storey building with 149-unit of residential units. There are only 8 units per floor with unit ... Read More
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Dream homes for young couples

Great news for prospective buyers, especially young couples looking to own their first dream home. The Starhill Garden Condominium, located along Jalan Baru in Prai, Penang, is offering an unbeatable preview price of below RM300 per sq ft for a limited time. The promotion is truly not to be missed ... Read More
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Raintree Park II

Raintree Park II, the second phase of Raintree Park in Pearl City by Tambun Indah. This is another gated and guarded development with full recreational facilities which includes but not limited to swimming pool and resident clubhouse. It is just a short drive away from GEM International School and Pearl ... Read More
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Aston Park East

Aston Park East, a gated and guarded housing scheme in bustling township of Bukit Mertajam. This is the first phase of Aston Park development by Harta Intan Group, located adjacent to Aston Villa, just a short walking distance from from The Summit (BM Plaza). It comprises 45 units of 3-storey terrace ... Read More