News & Articles

Amari SPICE Penang to fully open its doors from Nov 1 onwards
Amari SPICE Penang is a hospitality business partnership between ONYX Hospitality Group and SP Setia Berhad. With decades of experience running some of Thailand’s most successful hotel operations, ONYX has built strong networks that span the Asia-Pacific and Indian Ocean regions. Directly connected to the Setia SPICE Convention Centre, the ... Read More

Ideal Property Group gears up for relocation of SJKC Heng Ee
The relocation of SJKC Heng Ee ushered in the latest progress! At present, the new school building is in the process of applying for planning permission and development permit approval. The new site of SJKC Heng Ee is adjacent to SMJK Heng Ee Bayan Baru Branch. This good news has ... Read More

Penang’s next prime address – Andaman Island by E&O
Long established as one of the most well-known tourist destinations and a booming industrial hub in Malaysia and Southeast Asia, Penang has always been a prime location for homeowners not only because of its vibrant economy but also due to Penang’s strategic air connectivity to many other cities in the ... Read More

Subsidies and incentives totaling RM55bil will help to stabilise the property market
Despite the welcoming Budget 2023, the Real Estate and Housing Developers Association (Rehda) Malaysia will appeal to the government to consider extending the 75% stamp duty exemption to all buyers which will end on Dec 31, 2023. President Datuk NK Tong said the duty stamp is not just for first-time ... Read More

SITE PROGRESS: TreeO (Oct 2022)
About TreeO Affordable housing development by Hunza’s wholly-owned unit, Diamaward (M) Sdn Bhd, at Sungai Ara. It is located next to Taman Sungai Ara, about 1.5km away from SJK(C) Chong Cheng. This development comprises three 49-storey towers offering a total 1,240 affordable units. Find out more about TreeO Register your interest here to ... Read More

Penang Affordable Housing Expo offered 832 affordable homes
A total of 832 affordable homes were offered at the Penang Affordable Housing Expo 2022 at Prangin Mall in George Town. Organised by the Penang Housing Board, the three-day expo ended yesterday night at 8pm. Several renowned property developers, such as M Summit Corporation, Solaris Prestasi Sdn Bhd, Scientex (Skudai) ... Read More

New ferries ready by June next year
The Penang Port Commission (PPC) revealed that the construction of new ferries that will serve commuters travelling between Penang Island and the mainland, has been progressing well at two shipyards in Vietnam. PPC chairman Datuk Tan Teik Cheng said the 40 per cent progress on components of the ferry and ... Read More

SITE PROGRESS: Granito @ Permai (Oct 2022)
About Granito @ Permai An affordable housing development by BSG Property in Tanjung Bungah, Penang. It is strategically located next to TAR College, adjacent to 2 Permai luxury residential scheme. This development featuring a 50-storey building with two residential towers and 12 levels of car park. There are 980 units ... Read More

Phase One of the Gurney Wharf project to be ready in March 2023
The Priority One (Phase One) of the iconic Gurney Wharf project is expected to be completed in March next year. State Local Government, Housing, Town and Country Planning Committee chairman Jagdeep Singh Deo said the RM200 million project, which is an initiative of the Penang government, has several components. They are ... Read More

Budget 2023: Housing Sector Highlights
Houses worth from RM500,000 to RM1mil will enjoy an increase in stamp duty exemption from 50% to 75% until Dec 31, 2023. Stamp duties for the transfer of property between families is subject to a stamp duty of RM10. The allocation for building new and renovating houses in rural areas ... Read More
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