Penang hopes to expedite mega projects
Penang Chief Minister Chow Kon Yeow wants a better rapport to be established soonest with the federal authorities in view of the many mega projects that the state hopes to undertake. For starters, the state would soon meet the Public Land Transport Commission (SPAD) to discuss how to expedite two ... Read More
Newly-appointed Housing Minister pledges balanced housing opportunities
Newly-appointed Housing and Local Government Minister Zuraida Kamaruddin pledged to deliver substantive improvements and ideas through the ministry. The Ampang member of parliament said it would be an opportunity for her to delve into policies and implementations under the jurisdiction of the ministry. “A balanced housing opportunities in urban areas ... Read More
Why buy/invest properties?
by Anders Ong Like usual every property investment book or stories will have a section named “Why Buy/Invest Property?” There are FIVE main reason WHY:- 1) Roof Over Your Head First and foremost, the main reason of one purchasing a property in the past is always for own stay. This ... Read More
HBA urges government to implement ‘build-then-sell’ system
The National House Buyers Association (HBA) has urged the federal government to address the issue of abandoned housing projects in its plans for the housing sector in Malaysia. Speaking to FMT, HBA secretary-general Chang Kim Loong said the best way to do this was to implement the system of build-then-sell ... Read More
The New Penang
On the night of 9 May 2018, a new Malaysia was born. Automatically, one very critical thought transpired in my mind. The property market in Penang will most likely have its reformation and almost guaranteed to have a facelift. For almost a decade, Penang has been aiming high, with many ... Read More
To those playing the waiting game in the property market: this is for you.
* Article by Freemen * The property market hit a low point last year where prices were dropping and transaction volume was low. While transaction volume fell, the value of the property did not; thus contributing to a market slowdown. Businessmen and investors are holding back in their investments as ... Read More
Undersea tunnel may be toll-free
Funding options for pending mega projects here may see a change now that Pakatan Harapan is the Federal Government. There is even a possibility that the proposed Penang Undersea Tunnel will be made toll-free to mirror the pre-election promise of making Penang Bridge toll-free. Incoming Chief Minister Chow Kon Yeow ... Read More
There is GOOD NEWS for the Penang Property Market This Year!
* Article by Freemen * Penang has been having pretty good growth in a market that was supposedly facing a decline last year. Bad news is, they were still affected by the market slowdown last year and has yet to fully recover. Considering the slow market, the government has promised ... Read More
REHDA vs BNM on affordable housing
We came across these two interesting articles from Rehda and BNM, debating the situation of affordable housing in Malaysia. Read on to find out the story from both sides. REHDA: Overbuilding of affordable housing ‘quite severe’ The overbuilding of affordable housing is “quite severe” as many developers have shifted into ... Read More
IKEA Batu Kawan – Progress Update (May 2018)
Check out the latest exclusive aerial video of IKEA Batu Kawan site to see just how much progress has been made. The construction is on track for opening in early next year. The upcoming IKEA store in Batu Kawan, Penang, has achieved an industrialised building system (IBS) score of 92.3, ... Read More
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- The facility very bad like 2 star hotel and the developer wont to fix the...Thom on Marminton Homes
- @babyfong From his logic, the most ideal location is same building as his office, just...Islander on Penang optimistic about achieving target to build 220,000 affordable homes by 2030
- @Krie Surely there is a sweet point of acceptance between jam and distance, just giga-big...Islander on Penang optimistic about achieving target to build 220,000 affordable homes by 2030
- @Krie I agree with you, 15min is better. But when so many rather jam 1-2hour...Islander on Penang optimistic about achieving target to build 220,000 affordable homes by 2030
- @WC Ong I think you misunderstood me on the case of "not speculator" & "owner...babyfong on Penang optimistic about achieving target to build 220,000 affordable homes by 2030
- Lol...After The Muze, now The Senze with 1,6k units small studio type with 1 Car...MajorArches on Senze @ PICC
- Anyone view this project? is the location good? ...joey on Senze @ PICC
- PM Interested ... ...Phoebe on The Cube
- @Islander 1 hour in penang traffic could've been 15mins in good location? Why spend 1...Krie on Penang optimistic about achieving target to build 220,000 affordable homes by 2030
- @Krie PICC &Queens as well. Mention location like a super prime but density over 2000+....AG Zen on Penang optimistic about achieving target to build 220,000 affordable homes by 2030
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Latest Property News
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