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The Ultimate Business Centre & Condominium

Another upcoming mixed development scheme along Jalan Baru in Prai, Penang. The development has three phases, the first comes with 8 units of 3-storey semi-detached showroom/shop offices while the second is a 25-storey residential tower with 149 condominium units. It is located immediately opposite the newly completed Frontage by UDA ... Read More
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Affordable Housing Roadshow – Bayan Baru (20 Sept)

In collaboration with state housing department, a new "Affordable Housing" section has been added to this website to bring further awareness to the affordable housing projects in Penang. You can now find out more about the latest affordable housing projects as well as its location. There are also some basic ... Read More
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Affordable Housing Projects & Location

Here is a full list of affordable housing developments in Penang, undertaken by both State Government and private developers. There are currently more than 50 projects in the pipeline, with some of them located in the prime locations such as Tanjung Tokong, Georgetown, Sungai Ara and etc. All affordable houses ... Read More
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Am I Eligible for Affordable Housing?

Here are some basic requirements for you to fulfill in order to be a proud homeowner of the affordable housing. 1. You must be a Malaysia citizen 2. You must be a registered voter in Penang and met ONE of the following criteria: i. Penang-born working in Penang  ii. Residing ... Read More
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Tambun Indah buys land worth RM150mil in Penang

Tambun Indah Land Bhd's wholly-owned subsidiary, Palmington Sdn Bhd, has proposed to acquire 27 parcels of freehold land in Penang worth RM150 million from TPPT Sdn Bhd. In a filing to Bursa Malaysia, Tambun Indah said the purchase of the land totalling 84.8 hectares would be satisfied by cash. It ... Read More
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EcoWorld to buy 190ha land in Penang for RM1.02bil

Eco World Development Group Bhd will take up the offer to buy 190.2ha in Batu Kawan from Penang Development Corp (PDC) for RM1.02bil. PDC is offering the sale of the property to Eco World as the group is the only bidder. It is learnt that PDC will give Eco World ... Read More
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MYDIN Wholesale Hypermarket @ Jalan Baru, Prai

If you travelling from Prai to Bukit Mertajam via Jalan Baru, you would probably notice an ongoing construction on your right that stretches over an area of about 200 meters wide. It is the upcoming MYDIN Wholesale Hypermarket, by far the largest in the northern region. Once completed, Jalan Baru is ... Read More
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Affordable Housing – MUST READ!

In collaboration with the state housing division, we are determined to bring you the latest update on Penang affordable housing development. For those who are interested to buy affordable housing below RM400,000, you MUST register yourself  with the State Housing Department of the state government using one of the following ... Read More
Highest loan rejections for properties in RM200,000-RM500,000 range

Highest loan rejections for properties in RM200,000-RM500,000 range

Property developers have come out with some hard facts that suggest that the sector is cooling off. According to the first half 2014 Property Industry Survey by the Real Estate and Housing Developers’ Association Malaysia (Rehda), properties in the affordable housing price range below RM1mil have been facing a tough ... Read More