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Developers: Foreign buyers won’t affect local property market
The Real Estate and Housing Developers’ Association Malaysia (Rehda) says foreign buyers are attracted to a different category of properties, and that their presence will not have an impact on the property market targeted by locals. Rehda also welcomed Putrajaya’s plan to promote its Home Ownership Campaign (HOC) to foreigners, ... Read More
SITE PROGRESS: Queens Residences (Sep 2019)
About Queens Residences Luxury waterfront development by Ideal Property Group at Bayan Bay with gross development value (GDV) of RM600mil. This development is located in front of BayStar Condominium, just stone’s throw away from Queensbay Mall. Find out more about Queens Residences ... Read More
Penang property market has no significant improvement in early 2019
According to data from National Property Information Centre (NAPIC), Malaysia property market transactions for 1H2019 have rebounded for the first time since the market dipped in 1H 2015, indicating a resilient market outlook. Based on the latest data from NAPIC, property transaction in 1H 2019 has surged 6.9% year-on-year to 160,172 transactions as ... Read More
Penang is now home to world’s longest water slide
The world’s longest inner tube water slide in a theme park in Teluk Bahang is expected to open to the public by the second half of next month. Penang Escape theme park founder and chief executive officer Sim Choo Kheng said on Wednesday (Sept 25) that the 1,111m-long water slide ... Read More
SITE PROGRESS: Golden Gateway (Sept 2019)
About Golden Gateway An SME Industrial Park located on a 20.5 acre land at the southeast part of Batu Kawan. Strategically located off Jalan Perusahaan Valdor, just a mere minutes drive to Batu Kawan Industrial Park. It is only 5 minutes away from Penang Second Bridge. Comprises 54 units of semi-detached and ... Read More
AFFORDABLE: Tanjung Bungah / BSG Property
A newly proposed affordable housing development by BSG Property at Tanjung Bungah. Strategically located within upscale neighbourhood, off Jalan Loh Poh Heng. It is adjacent to Hillview Garden and Concord Garden. It is only a mere minutes drive to Penang famous tourist belt of Batu Ferringhi. This development will see ... Read More
All foreigners can buy unsold luxury homes
Zuraida Kamaruddin has reiterated that the Malaysia My Second Home (MM2H) programme for unsold luxury homes encompasses all foreign buyers and is not confined to purchasers from China. She said the campaign is to solve the glut of unsold luxury homes. "I have to set the record straight because the ... Read More
Apartment units below RM300,000 dominate property overhang list
Condominium and apartment units priced between RM200,000 and RM300,000 dominate the list of property overhang in the country, mainly contributed by those in Perak and Kedah. Deputy Finance Minister Datuk Wira Amiruddin Hamzah said condominium and apartment units made up 43 per cent of the total property overhang in the ... Read More
Property gains tax may be reduced
While the Real Property Gains Tax (RPGT) is not likely to be removed in the upcoming Budget 2020, Alliance Bank Malaysia Bhd expects the rate to be reduced amid the current lacklustre property market conditions. Group’s chief economist Manokaran Mottain said the current rate at 24% was slightly higher than ... Read More
Sinaran Avenue @ Utropolis
Sinaran Avenue @ Utropolis is the third phase of 44.3-acre master-planned Utropolis development by Paramount Property at Batu Kawan, Penang. Strategically located along Bandar Cassia Expressway, about 5 minutes walk to Design Village outlet mall and KDU University College, the first intake of which will commerce Q1 next year. It is only 29km to the ... Read More
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- simply say to boost sales~~ ...penang siao kia on Penang’s high-end property prices surge amid strong demand and infrastructure boost
- @AG sucks I knew that. Even this name "Ryu" is also he copied from others....millionaire on Penang’s high-end property prices surge amid strong demand and infrastructure boost
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- Based on the Penang Transport Master Plan's proposed Tanjong Tokong LRT Line alignment, there is...I❤LRT on Penang’s high-end property prices surge amid strong demand and infrastructure boost
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- @rocky Queens waterfront is good? This is really a joke & full with night racing...Ryu on Penang’s high-end property prices surge amid strong demand and infrastructure boost
- “Among the projects that will benefit from the LRT project are the Queens Residences @...rocky on Penang’s high-end property prices surge amid strong demand and infrastructure boost
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