Proposed residential development by Venn Group along Jalan Segamal 4, within the established township of Bagan Lallang in Butterworth. Plot 1 comprises one block of 12-storey residential building with 108 condominium units. It will also comes with a rooftop garden. Plot 2 is a gated community with 25 units of ... Read More

Belleview Group has raised the living standards in Bandar Baru Air Itam with the successful completion and strong sales of the RM700mil residential All Seasons Park and the commercial All Seasons Place projects. The All Seasons Park has, to date, sold 95% of its 808 condominiums, leaving only 5% for ... Read More

A few days ago, Charles, the founder of kopiandproperty.com, approached me to share with him some of my thoughts on Penang property market. As I shared my views with him, it is my pleasure to share them with the readers here. Q1. Statistically speaking, property transactions in Penang has been ... Read More

The government is open to reintroducing the Developer Interest Bearing Scheme (DIBS) for the residential property market if there are indications that the ban is creating a negative impact, said Urban Wellbeing, Housing and Local Government Minister Datuk Abdul Rahman Dahlan. "There are some suggestions made by the industry, we ... Read More

Owning your first home is a great achievement, especially recently, where the prices of property exceed the income of the people. Most people start to think about buying their first home when they get married, to accommodate their growing family. Obtaining a home loan can be easy if you know ... Read More

A total of 51,238 people have applied for the low-cost, low medium-cost (LMC) and affordable housing units in Penang to date, said state Town, Country and Housing Committee chairman Jagdeep Singh Deo. Jagdeep said 24,399 people applied for low-cost units, 23,582 for LMC and 3,257 for affordable units. “The deserving ... Read More

Of late, there has been concern on how the impending Goods and Services Tax (GST), effective April 1, 2015, will impact the property sector. Broadly, property buyers can be divided into two groups - those who want to buy before April 1 and those who want to buy post-GST. There ... Read More

A number of risks emerged in the first half of 2014, sending jitters across financial markets. In some developed nations, the negative sentiments of geopolitical affairs and economic uncertainties fuelled concerns of economic slowdown. Notwithstanding the uncertainties in the advanced economies, Malaysia’s gross domestic product (GDP) growth accelerated to 6.4% ... Read More

Ivory Properties Group Berhad will be showcasing several prominent projects at a four-day roadshow over the 57th National Day weekend. The developer will hold its Merdeka Property Roadshow from 10am to 10pm daily, Aug 29 to Sept 1 at the central atrium of Gurney Plaza in Penang. Ivory chief operating ... Read More

The feasibility study for the 6.5km undersea tunnel connecting Penang’s island and mainland is set to commence in January next year. Consortium Zenith BUCG Sdn Bhd chairman Datuk Zarul Ahmad Zulkifli said that if all went well, works on the tunnel would begin in 2016. He said the study would ... Read More