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ppc2017

Coming soon: Penang Property Convention 2017

An event that you must not missed! An opportunity to meet up face-to-face with all the property experts and property gurus. Either you are a first time home buyer or a property investor, this event is cater just for you.   * THIS EVENT IS NOW FULLY BOOKED * See you ... Read More
Land transacted at more than RM10mil in 2016/2017

How much do you think land costs in Penang?

Land is the most important asset to a property developer as it enables the developer to sustain and grow its business. The constant rise in land prices is the simplest reason that explains the escalating property price especially those in prime areas. We have solicited some actual data from reliable ... Read More
7-upcoming-at-georgetown

7 Upcoming Projects at George Town (2017/2018)

The scarcity of land has been and will continue to be a challenge in Penang Island. This is particularly true in George Town where some development land were transacted at more than RM1,000 per sq.ft. Here are a few upcoming development to lookout for in 2017/2018. Senrita Development Sdn. Bhd ... Read More
homesale

Common problems in a sub sale transaction

A typical transaction for a sub-sale and purchase agreement (SPA) of an immovable property (whether a landed property or strata titled property) in the secondary market is normally divided into three stages: The pre-SPA stage; The formation of the SPA stage; The completion of the SPA stage. The pre-SPA stage ... Read More
bnm

Prepare for a rate hike

There is a view emerging out there that Bank Negara will have to raise the benchmark overnight policy rate (OPR) by the end of the year or early next year. This view is premised on a strengthening economy, which usually means higher inflation as wages grow, unemployment comes down and ... Read More
ppc2017a

Penang Property Convention – 29 July 2017

In collaboration with GM Training Academy, we are co-organizing "Penang Property Convention" on 29 July 2017. Come and join us for this informative property investment event. Whether you are seasoned property investor or first time home buyer, this event will give you a real insight into Penang property market trends and learn about buying ... Read More
pgmayor

New mayor’s vision for a smart city

The objective of creating a smart and intelligent city is possible with the right vision and manpower to carry out the plans, said new Penang Island City Council (MBPP) mayor Datuk Maimunah Mohd Sharif. “The focus is to increase the quality of services provided by the city council and the ... Read More
Approximate site location

Mah Sing acquires 10.89-acre land in Penang for RM43.8m

Mah Sing Group Bhd (Mah Sing) has acquired two new pieces of prime lands in Batu 2.5 Cheras, Kuala Lumpur and Bukit Mertajam, Penang, for a total RM307.3mil. It said the lands in Kuala Lumpur and Penang were for a proposed integrated development and a business park respectively with a ... Read More
montage-facade

Montage

Montage, yet another high-rise development by Prisma Bumiraya Sdn. Bhd. (Pearl Ocean) at Sungai Nibong, Penang. It is strategically located of Gerbank Bukit Kecil 2, adjacent to Kristal Court Townhouse and Kristal Villa. This is just a stone's throw away from the company's first condominium development in Sungai Nibong - Novus ... Read More
proposed-developmet-mansion-properties

UPCOMING: Bukit Mertajam / Mansion Properties SB.

A newly proposed mixed development by Mansion Properties Sdn. Bhd. (A subsidiary of MPSB Group) at Machang Bubuk, Bukit Mertajam. It is located near Jalan Machang Bubok 1, about 5 minutes walk to SK Machang Bubuk Li. It's neighboring communities include Tropicale Residency, Hillpark Residence and Taman Machang Bubuk. This ... Read More