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Boom time for quiet town
PROPERTY developer DNP Land Sdn Bhd is set to transform quiet Alma town near Bukit Mertajam into a vibrant place with modern facilities. Its senior marketing manager Joe Ang Kean Joo said the area, which used to be an oil palm estate, was fast becoming a preferred location for residential ... Read More
Property groups want real property gain tax to remain status quo
PETALING JAYA: The real property gain tax (RPGT) revision which had been one of the highlights of Budget 2012, should be either reverted or adjusted based on proper understanding of the market situation, according to property sector associations. Real Estate and Housing Developers Association Malaysia (Rehda) revealed in its Budget ... Read More
House price hike likely
Penang properties said to increase 5%-10% due to more costly cement GEORGE TOWN: The selling price of properties in Penang will soon surge by 5%-10% following the recent move by Lafarge Malayan Cement to raise cement prices by about 6%, according to housing developers here. Following Lafarge's announcement, a 50kg bag ... Read More
Govt aims for affordable housing for middle-income group
PETALING JAYA: Housing and Local Government Minister Datuk Seri Chor Chee Heung said the housing needs of the middle-income group, which formed more than 40% of the community, must be addressed and hoped that the 1Malaysia People's Housing Scheme (Prima) announced last year would progress speedily. Low cost housing is capped at ... Read More
Extra police patrols to watch over vacant homes
ALL the OCPDs in Penang have been instructed to form special teams to patrol residential areas where there are houses that will be left vacant when the occupants balik kampung for Hari Raya Aidilfitri. State deputy police chief Senior Asst Comm Datuk Abdul Rahim Jaafar said that the police wanted to stop ... Read More
Efforts to curb property speculation
THE government will initiate measures to address various issues gripping the property sector, including curbing rampant speculative activities in the market. Housing and Local Government Minister Datuk Seri Chor Chee Heung said he would present to the cabinet findings of an industry meeting which could be used to come up ... Read More
Jambul Heights
Jambul Heights, a low density residential development by Aurora Properties Sdn. Bhd. This condominium is strategically located within the established township of Bukit Jambul, Penang. Comprises 62 condo units with built-up area from 1,221 sq.ft. onwards. Spacious layout with 3 bedrooms and 3 bathrooms, and comes with 2 car parks ... Read More
Are developers really making too much?
LATELY, there have been many ongoing discussions on the topic of high property prices. It made me ponder on the various causes that might have contributed to the situation, including the question of whether developers are making too much. As I took a sip of tea, many thoughts came to ... Read More
Thousands in Penang hit by morning floods
GEORGE TOWN: Thousands of residents in low-lying areas were hit by an early morning flood after a downpour that started at 3am. Parts of Jalan P. Ramlee, Jalan Sungai Pinang, Jalan Patani, Jalan Air Itam and Jalan Datuk Keramat were flooded. The water level was knee-deep in some areas, and ... Read More
Kobay Jelutong
Kobay Jelutong, an upcoming mixed development by Kobay Properties Sdn Bhd strategically within Jelutong township in Penang. This project comprises shopping mall, shop lot, SOHO towers, apartment as well as a low medium cost apartment. This project is currently in planning stage and it is yet to be confirmed. Please ... Read More
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- Housing industry is actually facing a big correction the world over. Hopefully, Malaysia is less...chita on Forescape @ Metrioplace
- @Hemsley absolutely agree. In fact on a separate thread we have seen very good subsale...LL on The Pier
- @Hemsley Similar concept as Queens residence? Will never happen. One is waterfront, the other will...millionaire on The Pier
- @Hemsley oh, so land reclamation in front for more development confirmed ya? It's such a...Robin on The Pier
- @Hemsley Thats not something new here. Most of purchasers are aware of future slight block...YongShee on The Pier
- Future : Land reclamation right in front of Pier, prices will be dropping soon...Minion on The Pier
- @Future The price will not drop in fact will appreciate higher as more amenities for...Hemsley on The Pier
- I am interested in this project. Kindly contact me. Thank you. ...Teoh Chia Ling on PROPOSED: 55-storey affordable housing @ Tanjung Bungah
- Land reclamation right in front of Pier, prices will be dropping soon ...Future on The Pier
- @Minion convenient and good products ...LOL on Ideal Venice Residency
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