In Malaysia, there are an overwhelming number of new home owners. According to the survey, among the top 5 reasons on why people invest in properties are to get higher yields on rentals (56%), for good capital appreciation (55%), for retirement planning (46%), for a better environment (46%) and to ... Read More

The artsy vibe of Penang has generated renewed interest among locals and tourists. It’s hard to resist the old-world charm that Penang has to offer. From the quaint boutique hotels along Armenian Street to the Peranakan shophouses, time appears to have stood still on this island that is home to ... Read More

Come celebrate World Environment Day with us at Eco Festival 2016 happening on 28th & 29th May and on 4th & 5th June at EcoWorld Galleries in Penang! EcoWorld Gallery @ Eco Terraces 28 - 29 May 2016 (5pm - 9pm) EcoWorld Gallery @ Eco Meadows 4 - 5 June ... Read More

The National Property Information Centre’s (NAPIC) H1 Property Market Report confirms what we already know – a soft property market amid escalating residential property prices. PENANG The Report states, “The number of transactions in the Penang property market saw a decrease of 11.3% in volume and 2.2% in value against ... Read More

Slow sales in 2014 and 2015, and an even slower market since the start of this year have prompted developers to introduce various innovative marketing schemes to boost sales. Some of these include rent-and-purchase arrangements, the offering of “safety net loans” and even a re-focus on built-then-sell units to re-assure ... Read More

The state Housing Department has issued non-compliance notices to seven public housing residents for renting out their units. State Housing, Town and Country Planning Committee chairman Jagdeep Singh Deo (pic) said the state was stern in its effort to deter public housingresidents from renting out their units. “For other housing ... Read More

The governor of Penang today called on Putrajaya to approve the state’s application for tram and Light Rail Transit (LRT) systems at his opening speech at the state legislative assembly sitting today. The Yang diPertua Negri Tun Abdul Rahman Abbas said the state needs better public transport systems to resolve ... Read More

Which are the most popular property news portals in Malaysia? I have shared the top 8 last year and PenangPropertyTalk.com was ranked 5th based on the number of visits recorded in October 2015. To find out how we are doing after six months, I went through the long list of ... Read More

Two major projects are in the pipeline to alleviate traffic congestion in the state, said state exco member Lim Hock Seng. In his oral reply to Nordin Ahmad (BN-Bayan Lepas), he said the Bayan Lepas LRT and the Pan Island Link I Highway under the RM27bil Penang Transport Master Plan ... Read More

Ongoing developments in Batu Kawan townships has intensified with the opening of the Penang Second Bridge. The proposed BRT system is to link the mixed industrial-commercial and residential townships to the nearest KTM station at Simpang Ampat and also the Raja Uda–Bkt Mertajam monorail which terminates at Permatang Tinggi. The ... Read More