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Neighbourhood park launched in Sungai Pinang
Sungai Pinang residents and those staying around the Karpal Singh Drive have additional joy when the ground-breaking ceremony of a three-acre neighbourhood park was launched at Lebuh Sungai Pinang 7 as part of a green project by the state today. Chief Minister Chow Kon Yeow, who planted a Malayana sapling ... Read More
Unreleased bumi lots contribute half of property overhang in Malaysia
The unreleased Bumiputera lots contribute to about 40% to 50% of the country’s overhang numbers, according to Real Estate & Housing Developers’ Association (Rehda) Malaysia president Datuk Soam Heng Choon. Many completed houses in certain states were unsold because the state governments do not want to release the Bumiputera lots ... Read More
The Light City officially broke ground yesterday
The second phase of The Light Waterfront project, The Light City held its groundbreaking ceremony, officiated by the Mr. Ong Teng Cheng, Managing Director of IJM Construction Sdn Bhd, and Dato' Toh Chin Leong, Senior General Manager (Northern Region) of IJM Land Berhad and Director of IJM Perennial Development Sdn ... Read More
UPCOMING: Bukit Mertajam / Znen Landmark Development
An upcoming mixed development by Znen Landmark Development Sdn. Bhd. at Bandar Perda commercial district in Bukit Mertajam. Located near Jalan Perda Utama roundabout, just a stone's throw away from KPJ Penang Specialist Hospital and Seberang Perai City Council. Neighboring communities include BM City Mall and Metropol, which is still under ... Read More
George Town wins gold medal in 4th WeGO Awards
George Town, the capital city of Penang, has been awarded the Gold Medal for the fourth edition of Sustainable Cities Organisation Awards (WeGO Awards) under the Mobility category. State Housing, Local Government and Town and Country Planning Committee chairman Jagdeep Singh Deo today said this was the first time Penang ... Read More
RM300k and below form the largest segment of unsold residential units.
Developers are scratching their heads as to why the most affordable units priced RM300,000 and below form the largest segment of total unsold residential units. Real Estate and Housing Developers’ Association (Rehda) Malaysia vice-president Zulkifly Garib (pic) said: “The overhang is an accumulation of many years. We need to understand ... Read More
Rehda expects lower HOC sales
The sales of the Home Ownership Campaign (HOC) 2020-2021 are expected to be lower than last year owing to the lacklustre performance in the first half of 2020, said Real Estate and Housing Developers' Association (Rehda) Malaysia president Datuk Soam Heng Choon. HOC 2019 recorded sterling sales of 57,000 units ... Read More
UPCOMING: Jelutong / Kobay Properties Sdn. Bhd.
A proposed mixed development by Kobay Properties Sdn. Bhd. at Jelutong. Located on a 6-acre land along Jalan Ahmad Nor, adjacent to Urban Suites development by Cosmopolitan Homes. It is easily accessible from Penang Bridge and George Town via Tun Dr. Lim Chong Eu Expressway, surrounded by established communities and ... Read More
Property overhang won’t worsen as loan moratorium ends
The Real Estate and Housing Developers’ Association Malaysia (Rehda), which is cautiously optimistic about the outlook of the property sector, hopes for better improvement in the first half of 2021 (1H2021), provided there is no new community transmissions of the COVID-19 pandemic in the country. The expected sales will further improve in ... Read More
SITE PROGRESS: Residensi Permatang Pauh (Sep 2020)
About Residensi Permatang Pauh Affordable housing undertaken by Excel Focus Properties Sdn. Bhd. It is strategically located within the established township of Permatang Pauh, only about 500 meters away from Butterworth-Kulim Expressway. Neighboring communities include Taman Naluri, Taman Naluri Ria and Taman Janggus Jaya. Find out more about Residensi Permatang ... Read More
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- Is everything delayed the way of life in Penang ? ...chita on Penang undersea tunnel feasibility study delayed due to port expansion plans
- @millionaire Wrong mindset. Don't try to twist the issue around like roti canai. Very straight...Hee Chan on Marriott International and Ideal Property to launch ‘Marriott’-branded development at Queens Waterfront
- this project already cancelled. no longer valid. developer tried to sell this project 2 years...WC Ong on UPCOMING: Jelutong / Kay Pride Sdn. Bhd.
- @Hemsley People see things at different angles. A lot of subsale transaction for you is...millionaire on Marriott International and Ideal Property to launch ‘Marriott’-branded development at Queens Waterfront
- Anyone buy? any comment? ...Sunny on Residensi Rambai Indah
- Marriot should JV with The Zen ...Minion on Marriott International and Ideal Property to launch ‘Marriott’-branded development at Queens Waterfront
- @chita Good point. House is for own stay. Too expensive & investment will lead to...Howly on Penang among top spenders in Malaysia for decent living
- @celia Yes. 500k is not expensive. Future price will increase further especially prime location like...Hee Chan on Clear definition of affordable housing urged to align supply with demand
- @felix You're absolutely right. We don't need another prestigious address like Queens waterfront as even...Hee Chan on Marriott International and Ideal Property to launch ‘Marriott’-branded development at Queens Waterfront
- @lenny 500千你也觉得贵吗?你是马来西亚那一个洞来的? ...celia on Clear definition of affordable housing urged to align supply with demand
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- Affordable Housing (Penang Island)
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