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Goods & Services Tax and the Property Investor
* Article by Richard Oon * While presenting the recent Budget 2014, Prime Minister Datuk Seri Najib Razak announced the introduction of the Goods and Services Tax (GST) and when enacted, GST will be effective from 1 April 2015 and standard rated supplies will be subject to GST at a ... Read More
Y-Storey
Y-Storey, a 19-storey residential building by Yeangs Sdn. Bhd. within the established township of Pulau Tikus, Penang. It is strategically located at the junction of Jalan Burmah and Jalan Bagan Jermal, comprises 90 units of SOHO, 2 & 3-bedroom apartments. It also has an upmarket restaurant within the refurbished heritage house ... Read More
As we wait, properties may become harder to afford
I recall reading a letter written to the editor of a popular daily which caught my eye. The man related the story of the advice given by his grandfather and father about getting onto the house ownership ladder as early as possible. He was a young man, a fresh graduate ... Read More
Boot tenants out or face court action, Penang tells low-cost homeowners
Low-cost homeowners must evict their tenants and move into the units themselves within the month or face possible jail time, the Penang government warned today. Housing development state executive councillor Jagdeep Singh Deo told the owners that renting out the homes is a breach of their low-cost housing contracts. “So, ... Read More
Taman Villa Permai
Taman Villa Permai, a gated and guarded housing scheme by Cheng Hoon Development in Butterworth, Penang. This development is strategically located along Jalan Ong Yi Haw, only a stone's throw away from SMK Bagan Jaya and Chung Ling High School. Comprises 5 units of bungalow and 58 units of semi-detached ... Read More
Enclave Seaview Residences
Enclave Seaview Residences, strategically located along the famous tourist belt of Batu Ferringhi in Penang. It boasts a Mediterranean-inspired village concept with 87 luxurious hillside villas, overlooking a long stretch of golden sands. Designed by a French architect, these majestic villas offer grand living spaces and unobstructed views of the ... Read More
Developers’ focus shifts with Second Penang Bridge
The island, however, is seeing fewer residential property launches due to land shortage, higher land cost and a challenging property market environment. Nevertheless, Raine & Horne director Michael Geh says the gross development value (GDV) of the projects launched on the island this year will still be higher. Of this ... Read More
Developers in bed with underworld contractors face ban, Penang says
Penang will blacklist any developers found in cahoots with “gangster contractors” who intimidate home buyers into engaging them for renovations. The state government said it has arranged to meet with the Penang police chief to crack down on the group allegedly intimidating and threatening new home buyers into engaging their ... Read More
The Central @ Penang Times Square
The Central, the phase 4 development of Penang Times Square, is a new masterpiece that epitomizes city living on a grand scale. Set to become a new landmark in George Town with its iconic giant red frame establishing a bold identity. Standing at 500 ft high, it comes highest state-of-the-art ... Read More
Jernih Residence
Jernih Residence, another upcoming gated & guarded residential development project by Jayamas Property Group in Bukit Mertajam, Penang. Comprising 21 units of landed properties, with modern and stylish exterior. It comes with 24-hrs security & CCTV, landscaped garden, BBQ area, management room and children playground. Sitting on higher ground at 15 meter ... Read More
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- About time to bring in TOD development into this white elephant that only used once...Penangite on Tapak Pesta Sungai Nibong will soon make way for Mutiara Line LRT secondary depot
- It looks like the good old times are back in Penang again. The hills are...chita on Tapak Pesta Sungai Nibong will soon make way for Mutiara Line LRT secondary depot
- @millionaire wow.. IJM so efficient do MOT? Some developer after few years still dunwan proceed...honda on Mezzo @ The Light City
- higher floor, affordable, 2 carpark, higher floor L20 onwards, any ppl want to sell ?...TTL: on Affordable Housing @ The Zen
- Anyone wants to sell its 840sqft house at level 10 and above please contact me....Moon on Triuni Residences
- Interested to rent a unit long term here. Direct owners owners only, no agents. ...Oliver on Sandilands
- @KC I agreed with you that PWC should be able to plan better as new...millionaire on The Pier
- Updated by IJM marketing, the Mezzo will be handed over key on April 2025. Started...millionaire on Mezzo @ The Light City
- @KC Fully agreed. It's definitely better for PWC as a brand new master plan township....Hemsley on The Pier
- The traffic Jam in Queens/QB area is getting bad, no more good location as residences....KC on The Pier
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OTHER DEVELOPMENTS
- 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