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Does the state government have power to set prices of houses?
Revently, the Negri Sembilan government announced that it will control the price of houses to be built within its state. Mentri Besar Datuk Seri Mohamad Hasan said this is one of the fundamental keypoints of the new state housing policy, which will be finalised soon. "In this new policy, 15% ... Read More
Sky Residence @ BM Utama
Sky Residence @ BM Utama, the phase 5 of BM Utama housing scheme by DNP Land at Bukit Minyak. It is merely 5km from Juru toll (Autocity) and about 15 minutes drive from Penang Bridge. Its neighbourhood comprising well established residential scheme such as Taman Kota Permai, Desa Palma and Taman Permai ... Read More
Post-GST and Impact to the Property Investors: What’s next?
* Article by Freemind Works * We are coming into the third quarter of the year, and is now in the so called post-GST era. Whilst some argue that it is still too “early” into the GST implementation to really read the property market, some said it’s the best time ... Read More
Sunway Cassia – Semi-D (Final Phase)
Sunway Cassia @ Batu Maung, a residential development buy Sunway Property in Batu Maung, Penang. It features 6 thematic parks with lush landscapes within the development. Less than 5 km away from the Second Penang Bridge and Penang International Airport. The final (3rd) phase of Sunway Cassia comprises 48 units of ... Read More
Steady property demand in Penang
An increasing population in Penang coupled withlong-term property demand will be supported by major projects driven by public-private partnerships (PPPs), according to Affin Hwang Capital Research. Among the PPP projects, the largest being the RM27bil Penang Transport Master Plan (PTMP), could be awarded by September. Singapore’s Temasek Holdings also has ... Read More
Gamuda, IJM Corp, E&O top buys for exposure to Penang
Affin Hwang Capital Research has Gamuda, IJM Corp and Eastern and Oriental (E&O) as its top Buys for infrastructure and property exposure to Penang. It said on Monday Penang was forging ahead with development through public-private partnership (PPP) projects. The RM27bil Penang Transport Master Plan (PTMP) is the largest PPP ... Read More
Sanctuary Residence @ Permatang Sanctuary
Sanctuary Residence, the third phase of Permatang Sanctuary by IJM in Alma, Bukit Mertajam. Strategically located within established neighbourhood, about 15-minute drive from Juru Auto-City and Penang Second Bridge. It is only a mere minutes drive to AEON Mall and Tesco Hypermarket. This is a guarded residential scheme comprises 216 units of 2-storey semi-detached ... Read More
Ewein Unit To Build ‘Wellness City Of Dreams’ In Penang
Ewein Bhd's unit Ewein Zenith Sdn Bhd has received a letter from the Ministry of Domestic Trade, Co-Operatives and Consumerism conferring the unit as the Champion of Entry Point Project 10 (EPP 10)-Wellness Resorts, under the Economic Transformation Programme (ETP). In a filing to Bursa Malaysia, the company said the ... Read More
Springs Ville
Springs Ville, a proposed 12-storey high-rise development by Delisprings Development Sdn. Bhd. (a subsidiary of CNH group), within the established township of Bagan Lallang in Butterworth. It is located immediately opposite Taman Segemal, just a few minutes drive from Butterworth Outer Ring Road. Chung Ling (Butterworth) High School is only 1 km away ... Read More
Housing in Penang within reach, 3,396 eligible applicants offered in last 6 months
Affordable housing in Penang is within reach as 3,396 eligible applicants were offered in the last six months, says state Housing Development Committee chairman, Jagdeep Singh Deo. In stressing this, he said the allegation by a daily newspaper yesterday titled "Cheaper homes out of reach", was not only mischievous but ... Read More
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- Rich folks and even middle class beware, cash out and bring your money overseas before...Oh nice on HBA opposes reintroduction of inheritance tax, citing unfair burden on property owners
- Nothing wrong with rubber tires. They were used in many metro systems in the world....Koh SK on Penang LRT construction to start in December
- @Dennis agree. Some of them quite a joker here. Psychology talked won't be working in...Ryu on Penang’s high-end property prices surge amid strong demand and infrastructure boost
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- Absolutely nonsense. That's so many unsold unit & yet developer sales personal trying to boost...Dennis on Penang’s high-end property prices surge amid strong demand and infrastructure boost
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- Need PIA expansion to start soon too. Earlier announcement said to start in September 2024....Penangite on Penang LRT construction to start in December
- LRT or no LRT does not matter, no sane person is going to take LRT...Oh nice on Penang’s high-end property prices surge amid strong demand and infrastructure boost
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OTHER DEVELOPMENTS
- Affordable Housing (Penang Island)
- Butterworth Arena
- Columbia Asia Medical Centre
- Eco-Tourism Hub @ Batu Kawan
- Escape Penang – Eco Theme Park
- GBS @ The Waterfront
- GBS by The Sea
- Gurney Wharf
- IKEA Batu Kawan
- Island Medical CIty
- Kobay Jelutong
- Lin Xiang Xiong Art Gallery
- Linear Waterfront
- Mitsui Outlet Park @ PIA
- One Auto Hub @ Batu Kawan
- Penang Arts District
- Penang Eastern Seafront Development
- Penang Medical & Digital Technology Hub
- Penang Premium Outlets (Design Village)
- Penang Sentral
- Penang South Islands
- Penang Transport Master Plan
- Penang Waterfront Convention Centre
- Penang World City
- PIA Expansion
- Silicon Island
- Teluk Bahang Wellness Resort
- The Ship Campus (ALC College)
- The Top @ Komtar
- Wellness City of Dreams