Property News

Traits of a responsible housing developer
Knock, knock! Any “good” housing developers out there? I am reluctant to use the words “good developers” as the words are not in my vocabulary. However, there are responsible ones and more are joining this category. The qualities of a responsible developer are to be emulated, if you can find ... Read More

Bank Negara sees lower inflation, maintains OPR
Bank Negara Malaysia (BNM) forecasts inflation for 2015 to be lower than earlier anticipated due to due to the lower energy and commodity prices. In a statement released on Wednesday, the central bank said at the Monetary Policy Committee (MPC) meeting, it was decided that the overnight policy rate (OPR) ... Read More

Penang’s cooling measure on properties has limited effect
As property owners in the city of George Town find their old buildings appreciating in value, the Penang government's ruling to prohibit foreigners from buying landed properties on the island under RM2 million will only have a limited effect and may be counterproductive. State local government exco Chow Kon Yeow ... Read More

Penang to see spurt in housing sales pre-GST
Real estate agents see a spurt in property activity in Penang in the first quarter of this year, spurred by an urgency to get deals closed ahead of the implementation of the goods and services tax (GST) on April 1. Raine & Horne Penang director Michael Geh said the uncertainty over ... Read More

TRI Pinnacle – 2nd Car Park Is Optional!
* UPDATE: Aspen Group has now clarified that the 2nd car park is OPTIONAL! Please visit their facebook page for more details. Recently the discussion in TRI Pinnacle has caught my attention and it seems that some affordable home buyers are being asked to buy a second car park that ... Read More

Affordable housing to drive property sector
All eyes will be on the affordable housing segment again this year, with residential properties priced around RM500,000, expected to drive the property market due to pent up demand. Zerin Properties CEO Previndran Singhe (pix) said the residential segment will continue to drive the property market this year, especially products ... Read More

Two more signatures for go-ahead
The abandoned Majestic Heights Phase 2A Project in Paya Terubong, Penang, is still short of two purchasers for the target set by the new developer for its revival. PLB-KH BINA Sdn Bhd, the new owners of the project, had targeted 220 purchasers to register for the revival but only 218 ... Read More

FAQ – Gated and Guarded Community
What is Strata Titles? When buying a condominium, apartment or any gated & guarded housing scheme, is equivalent to buying a parcel of property in a building or land, which will be subdivided, with each being issued an individual strata title. The strata title is similar to a land grant, ... Read More

Property growth set to slow as cooling measures, market uncertainty hit
Malaysia’s real estate market is expected to keep expanding at a lower rate this year, weighed down by Putrajaya’s cooling measures and mounting economic uncertainty, international property consultants Knight Frank said in its outlook for 2015. The high-end property market is set to be hardest hit in the residential sector, ... Read More

All residential stratified properties now ‘GST exempt supply’
All residential stratified properties are now categorised as "Goods and Services Tax (GST) exempt supply", said National Home Buyers Association (HBA) secretary-general Chang Kim Loong. Previously, only low-cost and low-medium cost properties were granted such exemption. Being categorised as "GST exempt supply" would mean that fees charged by a management ... Read More
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RECENT COMMENTS
- Why no more further discussion? What happens to this project? ...Just Ask on Hijauan Jernih
- How about are a Bagan Ajam, Sungai Puyu and Sungai Dua Butterworth. ...Lee Cheng Hock on Penang water disruption begins 25 April with 40% restored in 24 hours
- @Boh Lui The price varies every level, you can go QB mall or their site...Grace on Tuan Pavilion
- Bad traffic planning, unlike Penang World City ...LL on Traffic barrier at Lorong Sungai Tiram 7 to be removed this August
- Is there any whatsapp / telegram group for owner ? ...Kent on The Cube
- Any direct owners want to sell their 1100sqft units? Please email to maxlim94@hotmail.com. ...Max on SummerSkye Residences
- Why wait until Aug 2025? Why can't open it as soon as possible? ...Penang lang on Traffic barrier at Lorong Sungai Tiram 7 to be removed this August
- Yes, it is high time to go after these errant developers. ...Xulih on Over 100 developers blacklisted for violations
- More traffic incoming after the high dense condo finish ...bananan on Traffic barrier at Lorong Sungai Tiram 7 to be removed this August
- @Minion I have no idea. For a low dense project like this, their cost could...donny on Seiras Residences @ Utropolis, Batu Kawan
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OTHER DEVELOPMENTS
- Affordable Housing (Penang Island)
- Butterworth Arena
- Columbia Asia Medical Centre
- Eco-Tourism Hub @ Batu Kawan
- Escape Penang – Eco Theme Park
- GBS @ The Waterfront
- GBS by The Sea
- Gurney Wharf
- IKEA Batu Kawan
- Island Medical CIty
- Kobay Jelutong
- Lin Xiang Xiong Art Gallery
- Linear Waterfront
- Mitsui Outlet Park @ PIA
- One Auto Hub @ Batu Kawan
- Penang Arts District
- Penang Eastern Seafront Development
- Penang Medical & Digital Technology Hub
- Penang Premium Outlets (Design Village)
- Penang Sentral
- Penang South Islands
- Penang Transport Master Plan
- Penang Waterfront Convention Centre
- Penang World City
- PIA Expansion
- Silicon Island
- Teluk Bahang Wellness Resort
- The Ship Campus (ALC College)
- The Top @ Komtar
- Wellness City of Dreams