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FIABCI Courtesy Call – New Affordable Housing Rules
The new housing rules from Feb 1, 2014 is to protect Penang from being adversely affected by a property bubble as well as to ensure that public housing and affordable housing are bought by genuine purchasers who are qualified first time buyers from lower and middle-income groups The Penang state ... Read More

iMoney expands presence in Penang and Johor Bahru
KUALA LUMPUR, December 9th, 2013 – iMoney, the number one financial comparison website in Malaysia, will begin offering personalised mortgage consultancy services to consumers in Penang and Johor Bahru. This new expansion puts iMoney’s mortgage consulting business in five states, namely Kuala Lumpur, Selangor, Negeri Sembilan, Johor Bahru and Penang. iMoney’s ... Read More

New rules may burden Penang homeowners looking to sell
Owners of affordable and low-cost homes in Penang will find it tougher to sell their properties as the state government plans to enforce strict rules to curb property speculation. From Feb 1 next year, owners of affordable homes (bought for below RM400,000 on the island and RM250,000 on the mainland) ... Read More
New Act a boon to buyers
OWNERS of new high-rise units can expect to receive their strata titles upon moving into their property once the new Strata Management Act 2013 (Act 757) is implemented early next year. Penang Municipal Council (MPPP) president Datuk Patahiyah Ismail said that under the new Act, the developers had to submit ... Read More

Taman Zamrud
Taman Zamrud, a small residential development by Airmas Group in Butterworth, Penang. It is located along Lorong Zamrud, only a stone's throw away from SMK Dato Onn. This development comprises 24 units of 3-storey super link houses with built-up area ranging from 3,168 sq.ft. onwards. Property Project : Taman Zamrud Location : Bagan ... Read More
First phase of RM10bil integrated waterfront project selling well
TROPICANA Bay Residences, the first phase of the RM10bil Penang WorldCity (PWC), has been selling briskly since it opened for booking in February. A total of 85% of its 906 condominium units have been snapped up, generating RM540mil for the developer Tropicana Ivory Sdn Bhd (TISB). TISB is a joint ... Read More

Pavilion Park City
Pavilion Park City, strategically located within the established township of Simpang Ampat in Penang. This is a mix development comprising shop offices, 2-storey terrace and semi-detached houses with 2 acre landscape park for residence. 2-storey Terrace Land area: 1,440 sq.ft. onwards (Type A: 24ft. x 60ft., B: 20ft. x 78ft.) Total unit: ... Read More

Bank Negara’s new circular meant to be a “property financing guide”
Property sources said Bank Negara’s new circular which bans interest capitalisation schemes (ICS) is not an attempt to fine-tune the measures proposed for the property sector under Budget 2014 but is merely “a guide for banks” when they finance house purchases. The new circular, effective Nov 15, which strikes at the ... Read More
Pressure on property, new ruling likely to impact housing loan growth
A new circular from the central bank that took effect last Friday will pile more pressure on an already hard-hit property sector, even if its merits are likely to be felt in the long-term, analysts and industry executives said. In a bid to make the property market sustainable, the new ... Read More

Goodfields Residence
Goodfields Residence, featuring 2 blocks of low density luxury condominiums with only 72 and 76 units in each respective block. Strategically located within the established township of Bukit Minyak. It is only walking distance to AEON Big hypermarket. The first and tallest building in the area, comes with full condo facilities ... Read More
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- @Alvin What?? You think the developer is going to give away the full renovation for...casper on Senze@PICC – The Brand-new Landmark of Penang
- I heard the unit here is all fully renovated, furnish and comes with smart home...Alvin on Senze@PICC – The Brand-new Landmark of Penang
- @Hemsley Lady sales person told me the show unit is actually bigger than actual ...James on PIX 1 Residences
- not cheap and totally bare unit even have to hack the wall and install own...James on PIX 1 Residences
- “If this issue persists, we will not approve new planning permissions for these developers unless...cassey on Penang urges developers to speed up affordable housing projects
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- Tower B will be cheaper. 1 car park PN1 i heard about 438k. 2 carpark...Low on Twin Star
- Anyone know which Tower B cheaper than Tower A? ...Glenn on Twin Star
- After complete build , new highway just starting build in front of the condo. All...SC on Ideal Venice Residency
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- Affordable Housing (Penang Island)
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- Kobay Jelutong
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- Penang Arts District
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