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Property News

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Penang Bicycle Master Plan

The Penang government together with the Penang Island City Council (MBPP) are working towards making Penang a cycling haven for cyclists. Riding on the concept of green connectivity, the state and the local council were looking at completing the 200km-long bicycle lanes as indicated in the Penang Bicycle Master Plan ... Read More
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10 Most Read Penang Development Stories in 2018

As we welcome 2019, here is a chance to make sure you are updated on the most read Penang development stories in Penang Property Talk over the past 12 months ... Read More
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Priority is to transform Penang into a smart city

The priority for this year will be to transform Penang into a smart city which is in line with Penang 2030 ‘A Family-Focused Green and Smart State’. State Housing, Town, Country Planning and Local Government Committee chairman Jagdeep Singh Deo said several pilot projects were in the pipeline for such ... Read More
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10 Most Active Penang Housing Projects in 2018

For those who have missed some of the most popular housing projects in 2018, do not be despaired. Here are the 10 most active projects for you. 8 out of 10 in the list are affordable housing projects, each of them has been read by up to 40,000 users in ... Read More
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Stamp duty exemption for first-time house buyers from 1 January 2019

The increase of one per cent in stamp duty for the instrument of transfer for property exceeding RM1 million to RM 2.5 million is now effective July 1, 2019. In a statement today, the Finance Ministry said the government would maintain the current stamp duty rate for six months from ... Read More
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Overhang residential units in Penang up by 44%

Malaysia is entering 2019 with unsold completed residential units rising to 30,115 units as at Sept 30, 2018, an increase of 48.35% from the 20,304 units a year ago. According to the Valuation and Property Services Department’s (JPPH) latest figures released on Saturday, the total value was RM19.54bil, a 56.44% ... Read More
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The Park @ Mak Mandin affordable housing project to be ready next year

Buyers of The Park @ Mak Mandin can soon rejoice when their affordable housing project completes end of next year. Property developer Silver Channel Sdn Bhd said the development of the project was currently on track. State Local Government, Housing, Town and Country Planning Committee chairman Jagdeep Singh said he ... Read More
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Magical Christmas Party held at Southbay Sales Gallery

As Christmas is just around the corner, Mah Sing hosted a Magical Christmas Party for the public at its Southbay Sales Gallery, Batu Maung over the weekend. Themed after Fairy Fantasy, the sales gallery was decorated with fairy lights, magical arches and colourful props to create a celebrative ambience for ... Read More
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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
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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