Hunza Properties Bhd is buying 9.7 acres of freehold land in Penang for RM57.02mil to develop affordable houses for qualified buyers. In a filing with the local stock exchange yesterday, Hunza said its wholly-owned unit, Diamaward (M) Sdn Bhd, had signed a sale and purchase deal with property developer WLB ... Read More

In an effort to improve the accessibility while stimulating the affordable housing development in Penang, the state government has introduced several new measures to ease the current market situation. Increase in household income ceiling With the hope that more applicants will be able to obtain bank loans, the household income ... Read More

Casa Anggun, an upcoming medium cost housing development by JKP Sdn. Bhd. in Sungai Nibong, Penang. It's strategically located along Jalan Sultan Azlan Shah, just a short drive away from Queensbay Mall. This affordable housing development comprises two 20-storey towers, with a total of 340 residential units. Property Project : Casa Anggun Location : Sungai Nibong ... Read More

Exco man: Other affordable housing concepts not suitable Penang will not emulate Singapore or Hong Kong in its bid to provide affordable housing to the people, said state Housing, Town and Country Planning Committee chairman Jagdeep Singh Deo. He said: “I do not want to be like Hong Kong or Singapore ... Read More

Penang Affordable Housing Video (courtesy of Penang State Housing) * Click HERE to see full list of affordable housing in Penang * ... Read More

The Stone, an affordable housing development by PLB Land in Paya Terubong, Penang. It is located immediately opposite Majestic Heights, only 1km away from the ongoing EcoTerrace scheme by EcoWorld. This development is easily accessible via Jalan Paya Terubong, consists of the following components: Block A: 19-storey building (188 units) ... Read More

Sandilands Foreshore, an affordable housing development by Tanjung Villa Development Sdn. Bhd. (subsidiary of Tah Wah Group). It is strategically located at along Lintang Macallum 2 in Georgetown, just a stone's throw away from Sandilands condominium by Heng Lee Group. This development will see the construction of a 48-storey building, featuring ... Read More

Pine Sanctuary, an upcoming mixed development by Geo Valley Sdn. Bhd. in Paya Terubong, Penang. It is strategically located next to the proposed 816m paired road connecting Taman Lone Pine to Sun Moon City, which is to be built as part of this development. This development was first planned few years ago and ... Read More

The Penang government has introduced a new category of housing applicants for affordable housing scheme – the talented and skilled. According to the State housing exco Jagdeep Singh Deo, the new category is for knowledge workers who were employed and voting in Penang, but not necessary to have 5 years ... Read More

Penangites flocked to the ‘Mission House-Possible’ roadshow at the Tanjung Bungah market to find out more about the state’s affordable housing projects. Hotel worker Mohd Nazri Zainon, 31, said buying a house from a private developer was out of the question due to financial constraints. “My wife and I have ... Read More