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HOC

Govt urged to extend home ownership incentives to secondary market

The Penang branch of the Malaysian Institute of Estate Agents (MIEA) has asked that the government extend the incentives under its Home Ownership Campaign (HOC) to encompass the secondary market. MIEA Penang chairman Christina Choong said house buyers were given stamp duty exemption under the HOC but this only applied ... Read More
proposed-development-fenley

UPCOMING: Butterworth / Fenley Development

A proposed commercial development by Fenley Development Sdn. Bhd. at Butterworth. Strategically located off the ever-bustling Jalan Raja Uda, right next to the exit from Butterworth Outer Ring Road (BORR). It will only take 5 minutes drive to Penang Sentral, less than 15 minutes to Penang Bridge. This development will see ... Read More
lrt-station-feature

Bayan Lepas LRT Public Inspection

The Penang Transport Master Plan (PTMP) is a comprehensive five-in-one transport blueprint consisting of light rail transit (LRT)/monorail, ferries, taxis, buses and water taxis to meet Penang’s needs over the next 50 years. The Bayan Lepas LRT (BL LRT) is the first urban rail line to be built under the ... Read More
gurney drive reclamation

Penang may see more interest from Hong Kong investors

The current unrest and chaos in Hong Kong may create more business and property sale opportunities in Penang, says Chief Minister Chow Kon Yeow. He said Penang had always been a destination for investment, tourism and business. “In light of the problems in Hong Kong, we may see more businesses ... Read More
the-garden-island-resort

The Garden @ Island Resort

The Garden, the third and also the final phase of Island Resort development scheme by Ivory Properties Group at Batu Ferringhi. Strategically located along Jalan Batu Ferringhi, The Garden is just mere feet away from the renowned Miami beach as well as just a short drive to Penang's famous tourist belt of Batu Ferringhi ... Read More
komtar-lrt

No firm decision yet on public transport mode for PTMP

The Penang State Government is still looking at various options on the mode of public transport deemed the most suitable for the Penang Transport Master Plan (PTMP). Chief Minister Chow Kon Yeow (pictured) said the state government has yet to decide which mode would be most suitable, be it light ... Read More
hoc-feature-main

What is HOC?

The National Home Ownership Campaign (HOC) initiated by the government to promote home ownership in Malaysia. The campaign is expected to run until 31 December 2019. During this period, home buyers will enjoy stamp duties exemptions on Sale & Purchase Agreement (SPA) and Loan Agreement. A minimum of 10% discount from the ... Read More
pdc-building

GBS@Mahsuri to replace BPO Prime

The Penang Development Corporation (PDC) has commenced the construction of a building to cater to the current demand for office and work spaces after the proposed RM1.3 billion Business Process Outsourcing Prime (BPO Prime) project has been shelved. Penang Chief Minister Chow Kon Yeow said the smaller project would be ... Read More
pq-event2

Affordable Homes, Primary & Secondary Market Expo

Now that the HOC has received the nod to extend its campaign and seamless benefits until the end of December by many, make your way down to the Affordable Homes, Primary & Secondary Market at the PECC (Sunway Carnival Mall Level 4) on the 23rd to the 25th August 2019 ... Read More
proposed-development-pin-da

UPCOMING: George Town / Pin Da Development

A newly proposed commercial development by Pin Da Development Sdn. Bhd. in the heart of George Town. It is strategically located along Jalan Anson, about 15 minutes walk from KOMTAR. The land parcel is currently occupied by Oldtile Enterprise Sdn. Bhd. The proposed development plan will see the construction of a ... Read More