Property News

Proposal on affordable homes for B40 submitted to government – Vincent Tan
The Better Malaysia Foundation (BMF) submitted its proposal to the government earlier this month on affordable homes for low-income earners in Malaysia, namely those from the B40 group. BMF founder Tan Sri Vincent Tan told a press conference here today that the government was studying the proposal. “(The proposal) was ... Read More

SITE PROGRESS: Urban Suites topping up ceremony on 28 Apr
About Urban Suites A commercial property development by Aspen Vintage Sdn. Bhd. (Cosmopolitan Homes) in the established township of Jelutong. It is easily accessible via Tun Dr Lim Chong Eu Expressway and surrounded by abundance of amenities. Urban Suites comprises two 42- storey towers, featuring 596 units of commercial suites. Find out more about Urban Suites Register your ... Read More

PDC to focus on “Urban Redevelopment Plan”
The CEO of Penang Development Corporation (PDC), Datuk Mohd Bakit, said that the PDC will focus on the "Urban Redevelopment Plan" in the future, through land re-planning and redevelopment plans, to bring more benefits to Penang and attract investors. He shared in detail about the land development plan for Penang ... Read More

Penang to build RM3.49m green food court
A food court that was razed by a fire last year will be rebuilt into a RM3.49 million disabled-friendly food court. State traffic and infrastructure committee chairman Zairil Khir Johari said the structure will be the first green building index (GBI) certified public food court in Penang. He said it ... Read More

SITE PROGRESS: Setia Fontaines (Apr 2021)
About Setia Fontaines 1,675-acres freehold township development by S P Setia at Bertam. Strategically located adjacent to Bandar Putra Bertam, less than 25 minutes drive to Penang bridge and Butterworth. It features two residential collections, offering park homes of single and double-storey terrace, cluster, semi-detached and bungalow houses. Lush greenery and ... Read More

Al-Itqan Education Centre to be built by Ideal Property under affordable housing project compliance policy
The Al-Itqan Education Centre in Teluk Kumbar near here is scheduled for completion in 2023 and will begin its intake in the same year, said Penang Chief Minister Chow Kon Yeow. He said the education centre, comprising four blocks of five-storey buildings, would be built on a three-acre (1.2ha) site ... Read More

PPR Mak Mandin completed, RTO scheme offer as low as RM310 per month
An apartment block known as the Mak Mandin People's Housing Project (PPR) consists of 70 three-bedroom units now completed and being offered to qualified first home buyers. Penang State Exco for Housing, Local Gov and Town & Country Planning, Jagdeep Singh Deo informed that the State Government today through the Rent-to-Own (RTO) will try to ... Read More

SITE PROGRESS: Metropol (Apr 2021)
About Metropol A mixed development by Ramana Property at Bandar Perda in Bukit Mertajam. It is located near Jalan Perda Utama roundabout, featuring less than 10 minutes drive from Penang bridge. Featuring 326 residential units with built-up size ranging from 810sq.ft. to 1,845sq.ft. Amenities such as schools, hypermarket, banks, shopping malls, ... Read More

Malaysia’s property market fairly sustainable despite COVID-19
The Malaysian property market has been fairly sustainable as it underwent a consolidation mode despite the COVID-19 pandemic in the past 12 months. Integrated real estate solutions provider Jones Lang Wootton (JLW) deputy managing director Prem Kumar said the pandemic is a blessing in disguise as it brought background issues of the market to the ... Read More

SITE PROGRESS: Queens Residences (Apr 2021)
About Queens Residences Luxury waterfront development by Ideal Property Group at Bayan Bay with gross development value (GDV) of RM600mil. This development is located in front of BayStar Condominium, just stone’s throw away from Queensbay Mall. Find out more about Queens Residences Register your interest here to keep yourself updated with ... Read More
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