IF you are looking for a comfortable luxury residential condominium in the heart of George Town, Mah Sing’s the Icon Residence fits the bill. Situated just 1km away from Komtar, the project features 294 units with breathtaking views of the heritage city and the sea. The Icon Residence also boasts ... Read More

If you are interested and qualified to purchase an affordable housing at Tanjung Tokong and Bayan Lepas area, Penang State Government will be conducting on-site registration exercise for the following projects in the coming weekend: Tri-Pinnacle Project Location : Tanjung Tokong, DTL On-site Registration Date : 7 & 8 March ... Read More

Eastern & Oriental Bhd (E&O), a lifestyle property developer, will award a tender for the RM25 billion Phase Two of the Seri Tanjung Pinang (STP2) reclamation project by July. Seven contractors have been shortlisted for the proposed reclamation project. E&O deputy managing director Eric Chan Kok Leong said the group ... Read More

Two years ago, a one-million-ringgit homes hitting the auction market was almost unheard-of, but today auctioneers say it is fast becoming the belle of the ball. So why are so many luxury properties going under the hammer? Many local purchasers who took advantage of the developer interest bearing scheme (DIBS) ... Read More

Last month PenangPropertyTalk.com has recorded a total of 126,000 visits, about 28% month-on-month increase (Feb'15 vs Feb'14), according to the latest Google Analytic web traffic report. Although this does not necessarily translate into a strong property market rebound, it does show that the interest in Penang property continue on the ... Read More

Penang more than doubled its total investments by recording a total RM8.162 billion in investments last year, shored up largely by injections to its electronics and electrical sector as well as biomedical industry. In comparison, Penang recorded a total RM3.912 billion in investments in 2013. Penang Chief Minister Lim Guan ... Read More

The 21.44ha Jelutong landfill, which has been in operation for the last 20 years, will be rehabilitated by the state to make the land suitable for mixed integrated development. The Penang government has called for request for proposal for the safe rehabilitation and development of the Jelutong dumpsite and proposal ... Read More

The introduction of the 6% Goods and Services Tax (GST) in April will be the biggest agenda for the property market this year and will pose a challenge for property developers. "The implementation of GST come April 1 will present a challenge in terms of inflation, but it's just a ... Read More

The Malaysian Institute of Estate Agents (MIEA) wants the Royal Malaysian Customs Department to clarify Goods and Services Tax (GST) requirements and issues within the secondary property market and how it will affect the investment community. "Members have been complaining to us that nobody seems to know very much about ... Read More

The RM27 billion Penang Transport Master Plan will be rolled out in stages beginning 2017, the state government said. Penang traffic management exco Chow Kon Yeow announced today that the state government had received proposals from six bidders to be project delivery partners (PDP) of the master plan. Of the ... Read More