Property News

Penang Sentral project to start this year, says NCIA
BUKIT MERTAJAM: The long-awaited Penang Sentral project is likely to start in the fourth quarter of this year, says the Northern Corridor Implementation Authority (NCIA). Its chief executive, Datuk Redza Rafiq said NCIA was looking at how to position the project, and work in line with the collaborative engagement model ... Read More

Second Penang link ready in July
GEORGE TOWN: The second Penang bridge is set for completion in July. The longest bridge in South-East Asia and 20th in the world will then go through road commissioning and testing in August before being officially opened in September. During a tour, the media was given a first-hand look at ... Read More

5 Common Home Loan Mistakes That People Make
Taking a home loan? Here are 5 common home loan mistakes that people make especially when they’re applying for it for the very first time. Read on so you can avoid these pitfalls too. Diving in When You’re Not Qualified Banks, by nature, are generally eager to offer home loans ... Read More

Can the developer confiscate your booking fee?
I found my dream house. The developer’s office said the project was selling like hot cakes. Sales were on a first come first serve basis’ and I must pay a deposit otherwise she would have to give it to someone else. Or was it a booking fee she called it? I ... Read More

Consultants say intervention in property prices should be done gradually
WITH residential prices continuing to rise and and currently standing at 61%, 52% and 108% above the post Lehman troughs in China, Singapore and Hong Kong respectively, do interventions really help? And what are their effects on Malaysia? In the April issue of Asia Pacific Residential Review, Knight Frank brought ... Read More

The perfect property is gated and guarded, near work, and has good neighbours
Least important factors were identity of developer and availability of broadband internet According to a UK survey, the perfect property is two miles from a supermarket, ten miles from the coast and within walking distance of a pub where the landlord knows your name. How about for Malaysians? StarProperty.my recently ... Read More

6 Things You Should Consider When Taking Up a Home Loan
To the common folks, choosing a home loan is almost as hard as choosing the property itself. If you’re currently in the midst of shopping for a home loan to buy the house of your dream, here are 6 things you should consider before making what would arguably be the biggest financial ... Read More

Penang residential market to remain active though less buzz compared to last year
Hot spots include Batu Maung, Bayan Lepas, George Town, Tanjung Bungah, Teluk Bahang, as well as areas around five new proposed highways. “Despite uncertainties in both external global economy and internal political risks that have caused some investors to slow down in the short term, market analysts believe that the ... Read More

Secondary property market transaction value to go up
PETALING JAYA: The Malaysian Institute of Estate Agents (MIEA) is targeting the transaction value of the secondary property market to increase by between 5% and 8% this year. MIEA president Nixon Paul says: “Historically, the transaction value would increase at about that range every year.” Speaking at a press conference ... Read More

Hillside project is safe, says developer
NUMEROUS certified and qualified industry professionals have been engaged by Sunway City (Penang) Sdn Bhd in the string of planning, assessment and studies conducted to ensure the safety of a hillside development project in Sungai Ara, Penang. In a press statement issued on Friday, the developer said it had fulfilled ... Read More
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- 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
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- 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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- 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