The anticipated goods and services tax (GST) and the hike in the overnight policy rate (OPR) will impact housing affordability and sales, according to Maybank IB Research. It said the benchmark OPR of 3% was expected to rise 50 bps (basis points) to 3.5% following the central bank’s monetary policy ... Read More

Spectrum Residence, an upcoming high-rise development by Sunshine Spectrum Sdn. Bhd. in Kota Permai, Bukit Mertajam. This 18-storey condominium will be built next to Beng Teik primary school, with easy access to many other amenities via Jalan Song Ban Kheng. This project is currently only open for preview. More details ... Read More

Eco World Development Group Bhd plans to launch two residential and commercial property projects in Penang, with a gross development value (GDV) of RM1.26bil, in 2014 and 2015. Group president and chief executive officer Datuk Chang Khim Wah told StarBiz that the projects, EcoTerraces and EcoMeadows, would be launched on ... Read More

PROPERTY prices in Penang have risen by leaps and bounds since about seven years ago. The announcement of the second bridge in Penang in late 2006 is a key reason for the increase in property prices. Raine & Horne Malaysia director Michael Geh said that the price of vacant land ... Read More

The articles published in PenangPropertyTalk.com are purely the writers’ own views and opinions on the property project and it is not an advertisement by the developer or agent, unless stated otherwise. Any claim, statistic, quote or other representation about a project or service should be verified with the developer, provider ... Read More

Taman Kota Permai 2, an upcoming development located within the bustling township of Bukit Mertajam, Penang. The third phase of this development comprises one unit of 3-storey bungalow and 12 units of semi-detached houses. It is only mere minutes drive from Juru toll (Autocity) and about 15 minutes drive from ... Read More

IDEAL United Bintang Bhd (IUBB) is targeting to obtain the gold Green Building Index (GBI) certification for the Tree Sparina and Solaria projects in Bayan Lepas, Penang. IUBB senior strategic design manager Gan Heng Fey said in an interview that solar panels and rain harvesting systems were among the green ... Read More

THERE is always a past and present which justify and lead the incoming future. Penang is a fascinating storyteller which has been able to treasure antique flavours while developing modern high-tech manufacturing enclaves that have attracted the world’s attention. Past memories… Treasures of the future On July 7, 2008, a ... Read More

Bayu Residencia, a collection of 14 exclusive 3-storey bungalow units within a guarded community in Bukit Mertajam, Penang. This development is strategically located along Jalan Bukit Tengah, with easy access to Penang bridge, Shopping malls, eateries and schools. The bungalow houses come with land size ranging from 8,956 sq.ft. to ... Read More

A NEW paired road costing RM300mil will be built to connect Lebuhraya Thean Teik in Bandar Baru Air Itam to Lebuh Bukit Jambul, Penang, Chief Minister Lim Guan Eng said. The new link - Jalan Bukit Kukus - is an alternative way to ease traffic congestion in Jalan Paya Terubong, ... Read More