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Shortage of affordable housing a rising concern for Penangites

With property prices soaring in Penang, the shortage of affordable housing remains a huge concern for people in the state. Despite the move by the state government with the Penang Development Corporation (PDC) to initiate several projects which will deliver more than 22,000 units of affordable housing in the next ... Read More
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AFFORDABLE: Tanjung Tokong / Ideal Property Group

An upcoming affordable housing development by Ideal Property Group in Tanjung Tokong, Penang. The piece of land which was previously planned for a 988-units condominium project (i-Santorini @ Tanjung Pinang) is now being re-purposed for i-Condo affordable housing. The new development plan comprises two parcels: Parcel 1: 2 blocks of ... Read More
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Just how much more development can Penang take, concerned observers ask

In the first two parts, we had looked at development practices and the open space policy in the Klang Valley area, where demand for new properties is making land even more scarce. Today, we look at the issue of determining the limits to development, and in Penang island's case, how ... Read More
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Artis 3

Artis 3, a residential development by Airmas Group, within the Jelutong township in Penang. This development is strategically located along Jalan Jelutong, next to Altus SOHO commercial suites. The development consists of the following: Four blocks of condominium with recreational area and 8 levels of multi-storey car park Block A: ... Read More
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Jiran Residensi

Jiran Residensi, an affordable housing development by Penang Development Corporation in Butterworth, Penang. It is strategically located along Jalan Bagan Baru 1, only a short drive away from St. Mark’s primary school. This development comprises 354 affordable units with size ranging from two difference sizes – 850 sq.ft. and 1,000 sq.ft ... Read More
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One Foresta @ Bayan Lepas

One Foresta, the first i-Condo affordable housing by Ideal Property Group in Bayan Lepas, Penang. It is strategically located along Lengkok Kelicap, only a few minutes away from Penang Internation Airport, It is just a stone's throw away from Setia Pearl Island housing scheme. The residential component comprises 4 blocks of ... Read More
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i-Condo

i-Condo, an affordable housing initiative by Ideal Property Group in Penang. Offering 5 strategic freehold location choices, surrounded by good mix of schools, financial institutions and healthcare facilities. The first parcel of this affordable housing initiative is offering units with a build-up area of 900 sq.ft., including 3 bedrooms and ... Read More
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Penang’s controversial high density policy not here to stay, says exco

Penang’s controversial high density housing policy may be removed in future once the state has enough affordable homes, said state executive councillor Chow Kon Yeow. The local government and traffic management committee chairman said the policy, which allows developers to build more units per acre, will end once there is ... Read More
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SkyVilla @ Sunway Wellesley

SkyVilla Condominium, part of Sunway Wellesley mixed development by Sunway Property in Bukit Mertajam, Penang. It is strategically located with easy access to public amenities such as schools, hospitals and eateries. This project comprises 154 condominium units with size ranging between 1,000 sq.ft. and 1,200 sq.ft. Unique Feature: Facilities at ground ... Read More
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Penang International Property Expo 2015

As you are already aware, Penang International Property Exposition in conjunction with Penang International Property Summit will be held in the Subterranean Penang International Convention and Exhibition Centre (SPICE) starting tomorrow for 3 days. Here are a list of developers who will be show casing some of their latest projects ... Read More