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Building affordable homes is the way forward for property developers
Penang Local Government, Housing, Town and Country Planning Committee chairman Jagdeep Singh Deo has continued to remind property developers to focus on building affordable homes during this trying period. “Let us work together. We want the private sector to come together and help the people. “The Covid-19 has greatly impacted the ... Read More

Scientex NRP Virtual Lucky Draw Total Prizes Worth RM10,000*
Scientex Tasek Gelugor offers the First* Landed 2 Storey Affordable Homes with Freehold Title in Pulau Pinang with affordable price from RM226,800*. Scientex Tasek Gelugor has recently launched the “Scientex NRP Virtual Lucky Draw” online campaign with more than RM10,000* worth of prizes to be won. Eligible purchasers will have ... Read More

Government to implement ceiling price for affordable housing in secondary market
Under the 12th Malaysian Plan (12MP), ceiling prices for affordable housing will be introduced in the resale market in order to control house prices, especially in the urban areas, MalaysiaKini reported today. The move is to ensure that housing remains affordable for the selected target groups. It is understood from ... Read More

Economist: Cap for affordable housing will only drive prices up
Setting ceiling prices for affordable homes, even if temporary, will not address the shortage of affordable housing, an economist says. In the recently tabled 12th Malaysia Plan, it was revealed that the government would implement price caps for affordable homes on the secondary market and limit the number of units ... Read More

Mah Sing: The 12th Malaysia Plan will be beneficial to the housing sector
The various steps under the 12th Malaysia Plan (12MP) to reinvigorate the country's economy post-pandemic will augur well for the housing sector, said Mah Sing Group Bhd founder and group managing director, Tan Sri Leong Hoy Kum. The 12MP, according to Leong, is a positive step toward boosting economic growth, ... Read More

SITE PROGRESS: Signature Two (Sept 2021)
About Signature Two A 31-storey residential development by Excel Focus Sdn. Bhd. in Perai, Penang. This development is strategically located along Jalan Baru, next to The Signature condominium. It is only within mere minutes' drive from Penang bridge, featuring 121 condominium units Find out more about Signature Two Register your interest here ... Read More

RM2.25b allocation in housing assistance for the poor
The government has allocated RM2.25 billion to provide housing assistance to the poor under the 12th Malaysia Plan (12MP), said Prime Minister Datuk Seri Ismail Sabri Yaakob. He said the allocation was to build and repair 85,500 units of houses, namely 75,000 units in rural areas and almost 10,500 units in urban areas, under ... Read More

Penang not ruling out third bridge option
Penang has yet to decide if it will go for a third bridge crossing instead of an undersea tunnel connecting the island and Seberang Perai. Chief minister Chow Kon Yeow said the state has so far conducted a feasibility study on the construction of an undersea tunnel only. “The study ... Read More

KPKT plans two PPR in Penang
The Housing and Local Government Ministry (KPKT) plans to implement two People’s Housing Projects (PPR) in Penang under the 12th Malaysia Plan, said its minister Datuk Seri Reezal Merican Naina Merican. He said compared with others states, the number of PPR houses in Penang was still very low, with the ... Read More

Penang Housing Board ready to start its first affordable housing project in Bayan Baru
The Penang Housing Board, which came into full operations in January this year, is set to kick start its first affordable housing scheme in Bukit Gedung, Bayan Baru. State Local Government, Housing, Town and Country Planning Committee chairman Jagdeep Singh Deo said the project is expected to have its groundbreaking ... Read More
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- That's the aim - to develop and sell more overpriced, unaffordable houses in the island....Ah Kheng on Jelutong reclamation and landfill rehabilitation
- @CT Hah! Delayed! ...LL on Mezzo @ The Light City
- @666 Last time IJM told me is around April, but recently my friend told me...CT on Mezzo @ The Light City
- is it still possible to get the unit under PN1 at 300k ? i have...Kolee on Twin Star
- @Siti I think the outlet had been sold out ...Panda on Residensi Pauh Harmoni
- bi bro, PLB is known well, they are very established la... lol https://plbhomes.com.my/ ...Goppal Balan on Jelutong reclamation and landfill rehabilitation
- @Goppal Balan Oh wow a very ambitious masterplan for a relatively not known developer. ...bodoh on Jelutong reclamation and landfill rehabilitation
- @donny good to know you mentioned year 2022 which is covid period and thats a...supershares on Queens Residences Q3
- PLB Engineering ...Goppal Balan on Jelutong reclamation and landfill rehabilitation
- Nice. which developer will develop it? ...bodoh on Jelutong reclamation and landfill rehabilitation
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