In an effort to improve the accessibility while stimulating the affordable housing development in Penang, the state government has introduced several new measures to ease the current market situation. Increase in household income ceiling With the hope that more applicants will be able to obtain bank loans, the household income ... Read More

With three major shopping malls being planned for Seberang Prai, the mainland will soon rival the island as a shopping paradise. The three malls are The Design Village (net lettable area (NLA) 400,000 sq ft), Ikea and Ikano Power Centre, and unnamed mall project by Belleview Goup (1.5 million sq ... Read More

Taman Rupawan Emas, a residential development by TAA Housing Development Sdn. Bhd. at Kepala Batas. It's about 5 minutes drive to Sunshine Shopping Mall and the upcoming Tesco in Bertam. This development comprises of a mix of 2-storey semi-detached bungalow houses, with indicative price starting from RM584,000 onward. Project Name: Taman ... Read More

Mah Sing Group Bhd is proposing to the Government to bring back the developer interest bearing scheme (DIBS) for first-time home buyers. The developer is also suggesting a review of the real property gains tax (RPGT) as among several measures to boost the sector. “The property industry has a larger ... Read More

A proposed commercial development by Paramount Property Sdn. Bhd. at Batu Kawan, Penang. It is part of the company's University Metropolis development located located along Persiaran Cassia Barat 3, just a stone's throw away from the upcoming KDU University College. This development will consists of the following components: PLOT 1 ... Read More

UDA Holdings Bhd (UDA) has launched its property carnival U4RIA 2015 to offer prospective buyers a wide array of property products. The property carnival is being held simultaneously across the country by UDA subsidiaries, mainly in the Klang Valley (UDA Land Central Sdn Bhd), the northern region (UDA Land North), ... Read More

The National House Buyers Association (HBA) is glad that the research report by Khazanah Research Institute (Khazanah Research) released on Aug 24, 2015 titled “Making Housing Affordable” shows that average house prices in Malaysia are more than four times the median income, which makes such properties to be considered as ... Read More

A proposed 31-storey residential development by Wern Properties in Perai, Penang. This development is strategically located along Jalan Baru, next to The Signature condominium by Excel Focus Properties Sdn. Bhd. It is only within mere minutes drive from Penang bridge. This project is still pending for approval. Details to be ... Read More

Sentiment matters. But there does not seem to be “much documented evidence” that property sales are as bad as painted out to be, according to a few property consultants, some of whom declined to be named. Using figures by the National Property Information Centre (Napic) as well as figures from ... Read More

HH Galleria, the commercial component of the mixed development by Aspen Group in Tanjung Bungah, Penang. It is located on a 4.5-acre land between Jalan Chan Siew Teong and Jalan Chee Seng 13, previously occupied by Hong Hong Sdn Bhd. The is a mixed development comprises 4 levels of commercial and retail ... Read More