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![New rules may burden Penang homeowners looking to sell](https://www.penangpropertytalk.com/wp-content/plugins/pt-content-views-pro/public/assets/images/default_image.png)
New rules may burden Penang homeowners looking to sell
Owners of affordable and low-cost homes in Penang will find it tougher to sell their properties as the state government plans to enforce strict rules to curb property speculation. From Feb 1 next year, owners of affordable homes (bought for below RM400,000 on the island and RM250,000 on the mainland) ... Read More
New Act a boon to buyers
OWNERS of new high-rise units can expect to receive their strata titles upon moving into their property once the new Strata Management Act 2013 (Act 757) is implemented early next year. Penang Municipal Council (MPPP) president Datuk Patahiyah Ismail said that under the new Act, the developers had to submit ... Read More
![Taman Zamrud](https://www.penangpropertytalk.com/wp-content/uploads/2013/12/Taman-Zamrud.jpg)
Taman Zamrud
Taman Zamrud, a small residential development by Airmas Group in Butterworth, Penang. It is located along Lorong Zamrud, only a stone's throw away from SMK Dato Onn. This development comprises 24 units of 3-storey super link houses with built-up area ranging from 3,168 sq.ft. onwards. Property Project : Taman Zamrud Location : Bagan ... Read More
First phase of RM10bil integrated waterfront project selling well
TROPICANA Bay Residences, the first phase of the RM10bil Penang WorldCity (PWC), has been selling briskly since it opened for booking in February. A total of 85% of its 906 condominium units have been snapped up, generating RM540mil for the developer Tropicana Ivory Sdn Bhd (TISB). TISB is a joint ... Read More
![Pavilion Park City](https://www.penangpropertytalk.com/wp-content/uploads/2013/11/pavilion-park-city.jpg)
Pavilion Park City
Pavilion Park City, strategically located within the established township of Simpang Ampat in Penang. This is a mix development comprising shop offices, 2-storey terrace and semi-detached houses with 2 acre landscape park for residence. 2-storey Terrace Land area: 1,440 sq.ft. onwards (Type A: 24ft. x 60ft., B: 20ft. x 78ft.) Total unit: ... Read More
![Bank Negara’s new circular meant to be a “property financing guide”](https://vault.starproperty.my.s3.amazonaws.com/wp-content/uploads/2013/11/bank_negara.jpg)
Bank Negara’s new circular meant to be a “property financing guide”
Property sources said Bank Negara’s new circular which bans interest capitalisation schemes (ICS) is not an attempt to fine-tune the measures proposed for the property sector under Budget 2014 but is merely “a guide for banks” when they finance house purchases. The new circular, effective Nov 15, which strikes at the ... Read More
Pressure on property, new ruling likely to impact housing loan growth
A new circular from the central bank that took effect last Friday will pile more pressure on an already hard-hit property sector, even if its merits are likely to be felt in the long-term, analysts and industry executives said. In a bid to make the property market sustainable, the new ... Read More
![Goodfields Residence](https://www.penangpropertytalk.com/wp-content/uploads/2013/11/goodfields-residence-entrace.jpg)
Goodfields Residence
Goodfields Residence, featuring 2 blocks of low density luxury condominiums with only 72 and 76 units in each respective block. Strategically located within the established township of Bukit Minyak. It is only walking distance to AEON Big hypermarket. The first and tallest building in the area, comes with full condo facilities ... Read More
![Sierra Pinang](https://img3.penangpropertytalk.com/wp-content/uploads/2013/11/sierra-pinang.jpg)
Sierra Pinang
Sierra Pinang, a gated and guarded development by BSK Property in Balik Pulau, Penang. Strategically located next to SJKC Sin Min, only 10 minutes drive away from Balik Pulau town center. This development comprises 80 units of 3-storey Spanish homes link houses with built-up areas ranging from 2,150 sq.ft. onwards ... Read More
![via-residenz](https://img3.penangpropertytalk.com/wp-content/uploads/2013/11/via-residenz-1-144x144.jpg)
Via Residenz @ Bayan City
Via Residenz, another high-rise development within the established township of Bayan Baru, Penang. This is part of Bayan City freehold commercial titled development, adjacent to Giant Hypermarket and Elit Avenue/Heights. Featuring shop offices, mall, serviced suites and hotel. * UPDATE (May 2017): This is a joint venture development between Seal Concepts ... Read More
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- @MajorArches why say like that? i see from overall the project quite nice... ...i love prima on Early completion of Ideal Residency: PR1MA delivers keys to 20 proud homeowners
- @Ashraf Not really far away. Rm740k is unfurnished & renovated. If you engage ID for...chookimhock on The Cube
- @chookimhock Just saw online portals current highest selling price still rm740k only, still far away...Ashraf on The Cube
- Good Luck to all those first time buyers... LOL ...MajorArches on Early completion of Ideal Residency: PR1MA delivers keys to 20 proud homeowners
- @JC It's not a wise decision to dump all 1M in a same bucket. Lumina...Ryu on Lumina Residence
- @walter Nowadays agent all so kids, how many are them really know about property? Last...honda on Lumina Residence
- @JC If both city views, Lumina will get super hot evening sun, while Queens will...walter on Lumina Residence
- @Puzzled I believe 80% of that 30% are units reserved for BoonSiew. They have this...walter on Lumina Residence
- @Puzzled I'm dilemma of Lumina or Queens residence Q3. I have 1M budget here but...JC on Lumina Residence
- Correct. Ang Mos/expats holding senior position prefer locations that offer a well blend of greenery,...Puzzled on Lumina Residence
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