Villa Acres Residence, a proposed affordable housing project by Villa Acres Development Sdn. Bhd. at Bukit Mertajam, Penang. If approved, this will be one of the very strategic affordable housing location in the mainland. It is strategically located along Jalan Betek, easily accessible via the ever bustling Jalan Song Ban ... Read More

QuayWest Residence, a freehold residential development located next to Penang World City in Bayan Mutiara, Penang. This development comprises 1,235 condominium units in two 24-storey towers, 253 units of which are categorized under affordable housing. The affordable category is now SOLD OUT. Smallest unit starts from 728 sq.ft., with an indicative price from RM 200,000 onward ... Read More

AS the Fire Monkey swings in to take its place, many have predicted this year as a challenging one. So, what’s in store for everyone in this particular year? Many came to me for advice on how to deal with this challenging period. Frankly speaking, I am not a feng ... Read More

Several roads in Kampung Pisang, Air Itam are undergoing road widening works to complement the upcoming 4.6km bypass connecting the Tun Dr Lim Chong Eu Expressway with Bandar Baru Air Itam. The bypass, scheduled for completion in 2019, is part of a comprehensive package of four traffic management projects totalling RM6.3bil, ... Read More

Greenwish Garden, an upcoming residential development in Batu Maung, Penang. It is strategically located within Taman Iping, adjacent to Schenker Logistic. This project was acquired from Phoenix Residence by PLB Homes few months ago. It comprises 32 units of 2-storey semi-detached (Type A & B) and 2 units of bungalow ... Read More

Penang International Commercial City (PICC), a RM10bil mixed development by Hunza Properties Bhd. in Bayan Baru. It is strategically located along Jalan Tun Dr. Awang, just a stone's throws way from sPICE. This development will be built in three phases and planned for completion by 2026. It comprises a shopping mall, medical ... Read More

The slow property market has not stopped developers from planning projects ahead. One of them is Hunza Properties Bhd that is ready to implement the first phase of its RM10bil mixed-development project in Bayan Baru in 2017. This follows the issuance of completion and compliance certificate for its 690 units ... Read More

International property consultancy firm Rahim & Co is hoping a guideline will be provided on the newly-imposed limit on sales of new homes priced up to RM300,000 for first-time home buyers. "A clearer guideline is probably required. Developers can price a project at RM300,000 a unit but it may be ... Read More

Construction industry experts warned of additional costs being passed on to property buyers following the increase in foreign workers’ levy. Master Builders Association (MBAM) even cautioned that the prices of houses could increase owing to this reason. “The levy hike will impact the construction industry,” said MBAM deputy president Foo ... Read More

Volume of transactions is expected to decline in Penang, says Henry Butcher Malaysia (Penang) Key Economic Indicator Penang’s Gross Regional Product (GRP) was mainly contributed by the manufacturing and services sectors. Manufacturing accounted for 50% of the GRP shares while 46% was from the services sector. Manufacturing’s main sub-sectors include ... Read More