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New OPR will have little impact
An increase of 0.25% in the overnight policy rate (OPR) will not have a significant impact on borrowers for low-cost and affordable housing priced between RM45,000 and RM450,000, according to a senior executive of a real estate agency. VPC Realtors (KL) Sdn Bhd director James Wong said tere would only ... Read More
Affordable Housing In Penang Island
Recently there has been many discussion about affordable housing scheme and buying your first home. So do you know exactly where are the proposed affordable housing located in Penang Island? So far I have found six affordable housing schemes which were proposed in the island. 1. Affordable housing @ Penang ... Read More
Bank Negara raises overnight policy rate by 25bps
Bank Negara Malaysia (BNM) raised the overnight policy rate (OPR) by 25 basis points to 3.25% on Thursday, the first time since May 2011 with economists expecting the rate hike to address the potential rise in financial imbalances. Alliance Bank Malaysia chief economist, Manokaran Mottain said the hike in the ... Read More
Terraces Condominium @ Bukit Jambul
Terraces Condominium, an upcoming residential development by IJM Land in Bukit Jambul, Penang. Strategically located next to INTI International College, within a short drive from Bukit Jambul Golf Course. This development comprises 410 condominium units with wide range of facilities and recreational area. More details to be available upon project ... Read More
How GST Will Impact Home Prices & The Property Market
WITH the coming implementation of Goods & Service Tax (GST) in April 2015, many Malaysians are concerned with what this bodes for prices in general. It is inevitable that home prices will also be affected. In this article, we explain how home and property prices will be affected moving forward. To ... Read More
Gamuda leads pack for multi-billion ringgit Penang transport job
GAMUDA Bhd is the favourite to land the job as the Project Development Partner (PDP) to oversee the implementation of key components of an integrated transportation plan on Penang island The others in the running for the PDP job that is estimated at more than RM5.5bil for the initial phase ... Read More
Penang receives nod for 14 TP1M housing projects
THE state Implementation and Coordination Unit (ICU) of the Prime Minister’s Department has approved 14 projects under the 1Malaysia Maintenance Fund (TP1M) for Penang this year. Eleven of the projects are for Penang Municipal Council and three for the Seberang Prai municipality. State Housing, Town and Country Planning Committee chairman ... Read More
Eco World and another large firm to build resort themes park
Penang Development Corp (PDC) has firmed up plans to turn some 312ha near the Second Bridge in Batu Kawan into a theme park with a resort and golf course. Towards this end, PDC is expected to award the development of two projects to two firms that are big names in ... Read More
Vona Parkcity
Vona Parkcity, an upcoming mixed development by Vona Properties Group in the established township of Bukit Gambier, Penang. This development is strategically located along Jalan Bukit Gambier, just a mere minutes drive from USM. This develoment comsists of: Condominium - 516 units (Vona Sky) Low Medium Cost - 194 units ... Read More
Suria @ Hijau E-Komuniti
Suria @ Hijau E-Komuniti is the first phase of affordable housing development by Penang State Government at Batu Kawan. Strategically located within the key development area of Bandar Cassia, about 500 meters away from Design Village outlet. Surrounding communities and amenities include Eco Horizon, Aspen Vision City, Utropolis, IKEA Store and ... 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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- Finally, a pipe dream coming true! Just hope that the project is successfully executed as...I❤LRT on Penang LRT construction to start in December
- 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