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SITE PROGRESS: Ferringhi Hills (Sept 2023)
About Ferringhi Hills A landed residential development within the established township of Batu Ferringhi. It is located along Persiaran Sungai Emas 1, only 10 minutes walk to Ferringhi Beach. It will feature a mix of 3-storey terrace (with lower-ground level) and semi-detached, bungalow houses, to be constructed in two phases. Find ... Read More

Vacancy tax possible answer to property glut issue?
The implementation of a vacancy tax could be a key factor in addressing the issue of vacant and unsold housing units across Malaysia. Khazanah Research Institute’s Theebalakshmi Kunasekaran said this tax is imposed on housing units that remain unoccupied or unused for a certain time period. It is usually calculated ... Read More

Chinatown @ Raja Uda
Chinatown @ Raja Uda, is themed uniquely and integrated FREEHOLD commercial development where everything converges in one location to satisfy businesses, offices, entertainment, food & beverages and local amenities need. It is now set to change the Raja Uda townscape through a well-planned collection of the Chinatown themed commercial spaces ... Read More

Penang LRT project included in 12th Malaysia Plan (12MP)
Ten new transportation projects have been included in the 12th Malaysia Plan (12MP) including the Penang light rail transit (LRT) project. During the presentation of the mid-term review of the 12MP, Prime Minister Datuk Seri Anwar Ibrahim said the government emphasised the development of sustainable and resilient transport and logistics ... Read More

Weak monitoring of housing development accounts among factors contributing to problematic projects
Housing development account (HDA) weaknesses in monitoring and management procedures are among factors identified as contributing to problematic housing projects. Deputy Local Government Development Minister Akmal Nasrullah Mohd Nasir said HDAs are under the Housing Development (Control and Licensing) Act (Act 118), where the law requires licensed housing developers to ... Read More

SITE PROGRESS: Savana @ Utropolis (Sept 2023)
About Savana @ Utropolis This is the fourth phase of Paramount Property’s Utropolis development at Batu Kawan. Located along Jalan Cassia Barat 2, adjacent to Sensasi and Sinaran Residences. It is less than 5 minutes’ walking distance to Design Village outlet mall and UOW MALAYSIA KDU Penang University College, with easy ... Read More

Rehda lauds Local Government Development Ministry’s proposal to introduce special urban renewal law
The Real Estate and Housing Developers’ Association (Rehda) Malaysia welcomes the announcement by Local Government Development Minister Nga Kor Ming on the proposal to introduce a new law to oversee urban regeneration efforts in the country, according to a statement issued by Rehda president Datuk NK Tong on Thursday. The ... Read More

Bank Negara maintains OPR at 3%
Bank Negara Malaysia has decided to maintain the overnight policy rate (OPR) at 3% following its two-day Monetary Policy Committee (MPC) meeting that ended today. In a statement, the central bank said at the current OPR level, the monetary policy stance remains “supportive of the economy” and is consistent with ... Read More

UPCOMING: Permatang Pauh / Pemaju Kelang Lama Sdn. Bhd.
Newly proposed landed residential development by Pemaju Kelang Lama Sdn. Bhd. in Permatang Pauh. Located near Jalan Sama Gagah, the proposed development is adjacent to Taman Himalaya. It is only about 1km away from the North-South Expressway's Permatang Pauh interchange and approximately 10 minutes' drive to the Penang Bridge. This ... Read More

Savana @ Utropolis – Latest Showroom is Now Open for Viewing
Looking to own your first home or to find the perfect unit to invest? Look no further. Don’t miss out on this extraordinary opportunity here at Batu Kawan. Experience Savana’s unique features firsthand – from versatile living spaces to contemporary and minimalist designs at Savana's latest showroom. All furnished by IKEA ... Read More
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- Amaanee Residence ...SATHESH SANTHIRAN on Amaanee Residences
- Hello, anyone know when the insolvency will resolve this? Or who can help buyers out...Kim on Montage
- Too many condo.....even Triuni also not yet fully sold out. The land plot size also...Cruz on PROPOSED: 20-storey condominium at Batu Uban
- @WC_ong True, The Cube in house sales person is more professional and understand their product...Floyd on The Cube
- @WC_ong No need to compare much actually. Both projects in combination is less than 1200...Floyd on The Cube
- @Koja Congratulation on ur purchase. Sea view unit is a good catch at this price....Floyd on The Cube
- @WC_ong Frankly, the houses in Jelutong, either Twinstar or The Cube is a bit overvalued...Floyd on Twin Star
- The 475k prices (After 13k discount) was meant for first time house buyer. Plus the...Floyd on Twin Star
- I know its a very complex and difficult project to execute. But this thing has...Koh SK on Construction of Penang LRT Mutiara Line set to begin in Q3 2025
- Hard selling on AG projects to make them looks cheap and unwanted, thumb rules on...millionaire on SITE PROGRESS: Queens Residences 3 (Feb 2025)
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- Affordable Housing (Penang Island)
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