According to property consultancy firm Knight Frank Malaysia’s Real Estate Insights research report, the challenging property market has led developers to adopt “push marketing” in order to boost sales of their projects. Among the notable ongoing marketing campaigns is Sunway Group Bhd’s “Sunway Property Certainty Campaign” that offers up to ... Read More

The Beijing Urban Construction Group (BUCG) has withdrawn from Consortium Zenith BUCG Sdn Bhd (CZBUCG) which is the developer for the RM6.3 billion proposed undersea tunnel and three paired roads projects in Penang. Chief Minister Lim Guan Eng said CZBUCG sought the approval from the state government to do so ... Read More

Meritus Residensi, a high-rise commercial development by Hua Yang Bhd. in Prai, Penang. This project is strategically located along Jalan Baru, only a mere minutes drive from Penang bridge. It comprises a 44-storey tower with 480-unit of serviced residence block. Upon completion, this is likely one of the tallest skyscraper in Seberang ... Read More

AllianceDBS Research said the Penang property market has been facing challenging conditions since 2014 as property prices continue to rise, albeit at a slower pace. “We notice that transaction numbers have continued to extend its decline in 2016 and there is no sign of a recovery in the near term ... Read More

First of its kind in Penang, BEACON is an innovative urban home designed to complement and enhance your lifestyle in line with the modern digital era. Not only it will be furnished and move-in condition, residents will also enjoy access to wide range of cutting edge lifestyle, security and smart ... Read More

Amid slowing demand and deteriorating profits, it seems now is a good time for housing developers — who are accused of being only interested in higher-end properties — to switch their focus to affordable housing, demand for which far outstrips supply. But developers are saying that this would not be ... Read More

Taman Skyridge, an ongoing affordable housing development by OHM Group at Tanjung Tokong. It is located off Lebuh Halia, right next to Skyridge Garden. Other neighboring communities include The Peak Residence, The Latitude, Taman Mount Erskine, Mont Residence (under construction) and Tri Pinnacle (under construction). This development comprises a 35-storey ... Read More

In a move to facilitate loan transactions between first-time house buyers and banking institutions, the government is expected to announce a new scheme during the tabling of the 2017 Budget. Second Finance Minister, Datuk Johari Abdul Ghani said his ministry is currently collaborating with Bank Negara, Malayan Banking Bhd (Maybank), ... Read More

QuayWest Residence, a luxury residential development by Asia Green Group, located next to Penang World City at Bayan Mutiara. It sits on a 7.4 acres land with a sea frontage and a view of Pulau Jerejak. In addition to the attractive photos that you may have seen, be amazed with this exclusive aerial video ... Read More

One Tree Hill Residence, a small residential development by GTM Group at Teluk Kumbar. Located to Desa Pantai Indah in Sungai Batu. This development consists of 13 units of 3-storey terrace and 4 units of 3-storey semi-detached houses. Project Name : One Tree Hill Residence Location : Teluk Kumbar, Penang Property Type : Terrace & ... Read More