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Property News

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IKEA in the making!

Poll to find name for Penang’s new, intelligent, satellite township The people will have a say in the naming of Penang’s new, intelligent, satellite township on mainland Seberang Prai. The township is in Batu Kawan, in the southern Seberang Prai district, Chief Minister Lim Guan Eng said today. He said ... Read More
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Penang Property Market Value

One of the most common question asked here is the current market value of a property in Penang. Certainly, it is everyone's dream that their property value gain a measurable appreciation. Property market value can be interpreted very differently depending on the specific market you’re discussing. Each house is unique ... Read More
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Construction costs have risen: Rehda

The weakening ringgit has resulted in an increase of 20-25% in the cost of some construction materials, said the Real Estate and Housing Developers’ Association Malaysia (Rehda) president Datuk Seri Fateh Iskandar Mohamed Mansor. “The cost of certain construction materials has actually gone up. For residential units, if you talk ... Read More
"Unreleased Bumiputera lots and loan rejections by banks are the top reasons for the unsold units," said Rehda president Datuk Seri Fateh Iskandar Mohamed Mansor

Unsold property units on the rise in Malaysia

The number of unsold property units in Malaysia have increased due to unreleased Bumiputera lots and loan rejections, says the Real Estate and Housing Developers Association (Rehda). The percentage increased by 14% in the first half of 2015 ended June 30, 2015 from the preceding half ended Dec 31, 2014, ... Read More
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GUH Holdings Bhd buying Penang land for RM22.6mil

GUH Holdings Bhd is buying land to develop a light industrial park in Seberang Perai — a plan to cultivate future earnings growth in its property division. In a filing with Bursa Malaysia, GUH Holdings said its unit GUH Realty Sdn Bhd entered into a sale and purchase agreement (SPA) ... Read More
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Selling your property at PenangPropertyTalk.com

In an effort to avoid flooding the comments section with advertisements, we have created a "Related Properties for Sale/Rent" section that allows you to advertise your properties here for FREE! The listing appear in all project pages, immediately before the comments section. To start selling your property, sign up for a ... Read More
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The Star Property Fair 2015 (Oct 1 – 4)

Time to discover your dream home The Star Property Fair 2015 will return to Penang’s Queensbay Mall from Oct 1 to 4, once again bringing together leading developers and agencies. Home-hunters and investors can look forward to exploring choice offerings both in Malaysia and abroad. The vast array of products ... Read More
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Sia Boey: Reborn (next to future LRT station)

Penang launches heritage arts district in heart of George Town Penang is set to have its very own Heritage Arts District on a 2.2ha land in the heart of George Town, which will also feature a RM30 million museum, to be called the Ilham Penang. Chief minister Lim Guan Eng, ... Read More
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50 Most Popular Projects in Penang

The chart below shows the top 50 most popular projects in Penang, based on the total number of project page views we have received in the past 90 days (01 June - 31 Aug). If you own one of these properties, you may be interested to know how popular is ... Read More
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RM100 mil Sia Boey redevelopment project launched in Penang

There will be colour at the dilapidated Sia Boey Market in George Town this Sunday when the Penang government launches its RM100 million Sia Boey: Reborn project. Chief Minister Lim Guan Eng said the 5.5-acre project will regenerate and rejuvenate the market, the long-neglected Prangin Canal and its vicinity, and transform the area ... Read More