Penang turns to rent-to-own schemes to clear long waiting list for public housing
Penang state government will turn some of its low cost housing units into rent-to-own schemes and offer it to those who applied for people’s housing project (PPR) units. Penang state exco Jagdeep Singh Deo said the shortage of PPR units in the state meant the administration had to look for ... Read More
Summary of incentives for homebuyers
For most Malaysians, buying a house is tough. A high upfront payment coupled with a life-long mortgage commitment can be daunting, so it makes sense to take any help you can get to lower the cost of owning a home. Besides the many freebies and promotional packages that property developers ... Read More
Residential Vacancy Rates: Property Overhang and Market Supply
By See Kok Loong Lately, there are several publications such as National Property Information Centre (NAPIC) published on Jan 2019 on the data for 3Q18, the number of unsold homes in Malaysia has reached a new high of 30,115 homes amounted to RM 19.54 billion. (The above figure is the ... Read More
Redefining condo living in Prai
GEMSTONES are a reflection of luxury and elegance. Rare and valuable, they sparkle and entice and have remained the desire of many since time immemorial. All these attributes and more are found in the architectural jewel that is GEM, a prestigious mixed development by the reputable Belleview Group. Located in ... Read More
Housing Integrated Data System to monitor affordable housing market
The Ministry of Housing and Local Government has established a Housing Integrated Data System to help it identify the demand for and supply of affordable housing nationwide. Its minister, Zuraida Kamaruddin told theSun that the ministry had encountered difficulties in obtaining information such as income levels by location and other ... Read More
Flat property market seen for Penang
The Penang property market is expected to remain flat yet resilient this year and could bottom out within the next two years. CBRE|WTW Research in its Real Estate Market Outlook 2019 says it will be a buyers’ market over the short term, particularly for residential properties. “Under the prevailing subdued ... Read More
Construction of Ayer Itam-LCE Expressway bypass to start on Aug 31
Construction of the 5.7km Ayer Itam-Tun Dr Lim Chong Eu (LCE) Expressway bypass, which would be part of the RM46 billion Penang Transport Master Plan (PTMP), will begin on Aug 31 this year, Penang Chief Minister Chow Kon Yeow (pictured) said yesterday night. He said the commencement of the by-pass ... Read More
Still no firm date for Penang tunnel construction
There is still no indication as to when construction work will start on the PenangUndersea Tunnel project, as the contractor is still waiting for the relevant land to be dredged. “We are supposed to start in March, but the Penang state government’s land is not ready. Until we receive the land ... Read More
CNY Open House by Mah Sing attracted huge crowd
In conjunction with the Chinese New Year, Mah Sing Group Berhad (Mah Sing) decorated their Southbay Sales Gallery in Batu Maung with the Old Street concept and hosted an open house for the local community and their customers. During the celebrative event over the weekend, it attracted a huge crowd ... Read More
Exclusive Sneak Preview of IKEA Batu Kawan
IKEA Malaysia today surprised the Penang-based media with an exclusive sneak preview of its highly anticipated store, IKEA Batu Kawan. Held in line with the store's Roof Capping event, a Swedish tradition to celebrate the end of construction, IKEA took the opportunity to unveil features of this store while expressing ... Read More
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- @Islander I don't see any wrong as a buyer we should demand more from developer....Jeff on Penang optimistic about achieving target to build 220,000 affordable homes by 2030
- anybody knows Q3, 2B2B, selling price and when can be completed? ...ms tan on Queens Residences Q3
- @Minion Queens is Myvi only. Cube is X70 ...Jeff on Twin Star
- @Minion Paying Apple then should expect to get Apple. Here a lot buying affordable but...Islander on Penang optimistic about achieving target to build 220,000 affordable homes by 2030
- Jeff : @Minion Beli The Cube & is similar like Queens residence. dah memang...Minion on Twin Star
- all comment here nonsense affordable home buyer, period. sour grapes ...Minion on Penang optimistic about achieving target to build 220,000 affordable homes by 2030
- I want a house with small garden Do you have site map and drawings /...Stephen Smith on Cassia Cempaka – Phase 2 (Open for Sale)
- @TF Lai Yes. Many people said Queens are low density but in actual is high...Juf on Penang optimistic about achieving target to build 220,000 affordable homes by 2030
- @WC Ong High density is 100% inferior or lousier compared to low density apartment/condo. Period....TF Lai on Penang optimistic about achieving target to build 220,000 affordable homes by 2030
- previously when i saw the uda land masterplan for this area, their plan was all...Goppal Balan on Dua Tanjung
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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