Developer to contribute RM120K for each LMC unit they do not build
There are more applicants for affordable housing units on the island than on the mainland (Seberang Prai) in Penang, according to Chief Minister Chow Kon Yeow Therefore, it is imperative for developers to try to fulfill the demand on the island first, said Chow. As of October, there were 43,052 ... Read More
10 Projects you can buy in Penang Island under RM500K
Having a budget of only RM500,000 to buy a property in Penang Island? Consider these 10 attractive projects in 8 different locations (in no particular order)... The Zen Condominium (Bayan Mutiara) Undertaken by Asia Green at Bayan Mutiara. This development is just a short drive away from Penang World City integrated ... Read More
Mah Sing set to sell properties online with Lazada
Mah Sing Group is set to become the first developer in South-East Asia to sell its properties online under a partnership with e-commerce company Lazada Malaysia. To attract buyers, the company is also offering cash incentives of up to RM30,000. “Over half of the Malaysian population are shopping online, so ... Read More
Utility firms to pay for own facilities, not developers
Utility companies will have to pay for the building of their respective facilities at affordable housing schemes, and bear the costs, under a guideline of the upcoming National Housing Policy (NHP) 2.0. Housing and Local Government minister Zuraida Kamaruddin said there will be a guideline under the affordable housing sub-policy ... Read More
IKEA Batu Kawan opening on 14 Mar 2019
With the announcement made during the first ever annual Ikano Centres Tenant Engagement Event in Kuala Lumpur, the progress of IKEA store at Batu Kawan is now ahead of schedule and will open two weeks earlier - 14 March 2019. IKEA Batu Kawan will offer well-designed, functional home furnishing products at ... Read More
Eco Meadows Grand Premier
Eco Meadows achieved another milestone last Saturday with the handing over of Phase 1, comprising 375 units of double storey terraced homes featuring classic architecture inspired by the stately English royal house. “We are extremely excited and delighted to welcome our first residents to Eco Meadows, EcoWorld’s first project in ... Read More
Refer & Reward: Earn up to RM38K in incentives
Stand a chance to earn up to RM38,000 in cash by referring your family members, friends or colleagues to Mah Sing. You will be rewarded when they purchase a selection of the Group’s completed homes and commercial spaces nationwide. This Refer N’ Reward schemed is open to public. Valid until 31 December ... Read More
RPGT to be calculated from year 2000
The Real Property Gains Tax (RPGT) valuation on property would only be calculated from the year 2000 onwards, says Finance Minister Lim Guan Eng. He said that this is done to give clarity on the issue following feedback from concerned property owners who have bought and owned land extending decades ... Read More
AVC signed MoU with Marriott International for upcoming hotel in Batu Kawan
Aspen Group and IKEA Southeast Asia, the joint venture partners for Aspen Vision City has yesterday signed a Memorandum of Understanding (MoU) with Marriott International, appointing Aloft Hotel as the hotel operator in the world class master planned development- Aspen Vision City in Batu Kawan, Penang. The announcement was made during ... Read More
Whoopee! Cash Tornado in Bukit Mertajam (24 Nov)
Be the first to discover the new 1,675 acres mega township by S P Setia – Setia Fontaines at Ng Yam Huat Hall, Bukit Mertajam. Save the date and join with us at Ng Yam Huat Hall, Bukit Mertajam on 24 November 2018. Event Date: 24 Nov 2018 (Sat) Time: 10.00am – ... Read More
Weekly Newsletter
Latest Projects
TODAY'S MOST READ
RECENT COMMENTS
- Only 10 percent for another 99 years what if no next of kin others relative...NITHIANANTHAN on Penang govt to give discounts of 50% to 90% for extension of leasehold lands
- @Perak Lane Twinstar 3 acres, divided by 2 tower. The Cube 2 acres divided by...Perak lane on The Cube
- @Kelly It's very common nowadays with these type of defects, too fast to built leads...MajorArches on Havana Beach Residences
- @Kelly I would suggest Twin in perak road & The Zen. Both are very anticipated...Perak Lane on Havana Beach Residences
- when will be the ground breaking? ...Penangite on Penang LRT Mutiara Line to include park-and-ride facilities for better connectivity
- @Kelly sorry to hear this. wish that I could have shared better project with you...LL on Havana Beach Residences
- Just got the key 2 days ago. Poor workmanship. Lots of leakage. Doubt how come...Kelly on Havana Beach Residences
- @Perak lane Actually not that bad. But if compare to Twin in perak road actually...Perak Lane on The Cube
- @Ryu If perak lane is that bad. Why are you even here in this post...Perak lane on The Cube
- Buying property in perak lane must have motor license becuz there will be no parking...LOL on The Cube
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Latest Property News
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