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

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, 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, 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

Paramount Corp Bhd has purchased 30 acres of freehold land in Batu Kawan, Penang for RM67mil from Penang Development Corp (PDC) to build a university college and mixed development project The land for the future KDU College Penang was priced at RM40.50 per sq ft while the land for the ... Read More

The Paradigm Condominium, an upcoming high rise project by Eligan Base Development in Seberang Jaya, Penang. This development comprises 96 condo units, four design type with built-up area ranging from 1,400 sq.ft. to 1,575 sq.ft. More details to be available upon launching. Property Project : The Paradigm Condominium Location : Butterworth, Penang ... Read More

Dutamas Residence, strategically located within Taman Tan Sai Gin in Bukit Mertajam. This is a mixed residential development by Jayamas Property, which includes a 14-storey boutique condominium and 7 link houses. The condominium has an indicative price range of RM350,000 onwards.  Property Project : Dutamas Residence Location : Taman Tan Sai Gin, ... Read More

As proposed, with effect from Jan 1, 2014, the RPGT rates have been increased from the previous rates of 0% to 15% to the new rates of 0% to 30%, which are summarised as shown in Table 1. The new rates should not significantly affect long-term investors. Although many may ... Read More

Sentosa Residence, strategically located along Jalan Kulim, within the bustling township of Bukit Mertajam, Penang. With easy access to schools such as SJK (C) Beng Teik, Jit Sit high school, markets and eateries. Comprises 96 condominium units with size ranging from 1,200 sq.ft. onwards. Each unit comes with at least two ... Read More

Delima Emas Condominium, strategically located within Juru township in Penang, a mere minutes drive from North-South Highway Interchange and Juru Auto-City. This development comprises 198 condo units with with size ranging from 1,171 sq.ft. onwards. Comes with 24-hour security, access card system and swimming pool.  Property Project : Delima Emas Condominium Location : Juru, ... Read More