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News & Articles

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Primary Market versus Secondary Market

by Anders Ong There are two main market in properties transaction, which comprise of:- Primary Market – Direct purchase of a new property from developers. Examples are under construction properties or projects off the plan and unsold units from the developers. Secondary Market – Direct purchase of properties from primary ... Read More
mainland-dev

Local property market to pick up

Knight Frank Malaysia managing director Sarkunan Subramaniam said foreign investors are expected to return in the first quarter of 2019 on the back of more transparent policies with the new government. "Rents of high-end condominiums will stabilise and prices will hold. As for the office market, rents will remain competitive ... Read More
affordable-loan

New National Housing Policy in September

There will be a considerable number of changes in the National Housing Policy expected to be announced in September which includes the rental-tenancy market, the National Housing Department said. Some of the laws will take two years to study and establish but the wheels of change are in the works, ... Read More
butterworth-potential

Untapped Potential of Northern Seberang Perai

For many home seekers and property investors, the first thing that comes to mind when one mentions Penang is the state’s thriving island. The capital city of George Town has long established itself as one of the country’s most loved cities. However, due to scarcity of land and escalated property ... Read More
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Rehda proposes new affordable housing price thresholds

The Real Estate and Housing Developers' Association Malaysia (Rehda) Institute has proposed affordable housing price thresholds in Peninsular Malaysia, with residential units in Kuala Lumpur and the Klang Valley topping the list at RM500,000. In its summary research report on affordable housing released today, Rehda Institute said the benchmark for ... Read More
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A Paragon of Opportunities in Penang Properties

Have you ever thought about investing in real estate as a "money making machine" for you? Do you want to know the secrets of Penang Property? Have you ever thought about doubling your existing property? Ever think of investing in real estate but don't know how to start? Join Gplex this ... Read More
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IKEA gearing up for opening on 28 March 2019

Swedish home furnishings retailer IKEA today announced its recruitment drive for the new store, IKEA Batu Kawan, Penang. Malaysians from all walks of life, especially those living in Northern Malaysia, are welcome to attend the walk-in interview fair to be held from 27 to 29 July 2018, 9am daily at ... Read More
pil1-chow

10.5km road tunnel in Penang as part of Pan Island Link

The state government today announced an ambitious project to alleviate traffic congestion on the island, which will be undertaken through a 10.5km-long tunnel that will cut through hills and is part of the Pan Island Link 1 (PIL 1). Chief Minister Chow Kon Yeow said the project will be challenging ... Read More
rehda-affordable

9 reasons why affordable homes floundering here, according to developers

The Real Estate and Housing Developers Association Malaysia (Rehda) Institute has identified today nine structural problems which it said are behind why the country is struggling to ensure a sustainable supply of public housing. The report titled “Affordable Housing Report” released this morning cited fragmented playing field between public and ... Read More
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Atta Global buys two property development companies for RM7.5m

Steel products maker Atta Global Group Bhd is proposing to acquire two property development companies, Eminent Potential Sdn Bhd and Scanrite Sdn Bhd, for RM7.5 million, as part of its diversification into the property business. In a filing to the exchange yesterday, Atta Global said its wholly-owned subsidiary Atta Properties ... Read More