Property News


Setia Fontaines CNY Celebration at Juru Auto City – 3 Feb

Be prosperous this Chinese New Year by joining Setia Fontaines Chinese New Year Celebration at Auto City, Juru. Join the Giant Lou Sang*(Limited to 300 pax only) and stand a chance to win Lucky Draw Cash Prizes up to RM2,018* ... Read More

Government proposes to cut housing loan interest rates

A proposal which would reduce housing loan interest across banks nationwide is expected to be presented to the Cabinet soon, announced Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi, today. The proposal which will ease the financial burden of ... Read More

Aspen partners LG to built smart city at Batu Kawan

LG Electronics Inc few days ago has entered into a partnership with Aspen (Group) Holdings Limited to provide technological solutions, products and services for all of the developer’s real estate developments. The signing of the partnership will see LG setting up ... Read More

Be cautious over Guaranteed Rental Return schemes (GRR)

Penangites are getting pretty familiar with GRR schemes. For those who have not heard it, GRR schemes promise a fixed rental income for house buyers for a certain period of time. These schemes are legal, but they are actually not ... Read More

Free CCRIS report for public by Bank Negara

Bank Negara Malaysia has launched its free online platform for the public to access their own central credit reference information system (CCRIS) report, anywhere at their convenience. The new initiative – eCCRIS is a secure online platform – and the ... Read More

Penang Property Outlook 2018

As we walked down to the memory lane of 2017, it was obviously one of the slowest year in the decade for properties. There were only a handful of new projects launched throughout the year and some were delayed. Developers ... Read More

Penang property prices affected by signature dishes?

Found this interesting story by Henry Butcher Malaysia. Read on... :) When one mentions Penang, two thoughts usually come to mind: char kway teow (and the island’s assortment of street food), and high property prices. For both, thefocus lies mainly ... Read More
An artist’s impression showing where the tunnel project will start on the island.

Penang Undersea Tunnel deal under investigation

The Malaysian-Anti Corruption Commission (MACC) probe into the controversial Penang undersea tunnel is focused on land swaps that were made for the feasibility and detailed design study which has yet to be completed. Sources said investigators are scouring documents involving ... Read More

Forms for government housing schemes are FREE OF CHARGE

About 40 people claimed to have been cheated by irresponsible parties over the purchase of People's Housing Project (PPR) units, said Urban Wellbeing, Housing and Local Government Minister Tan Sri Noh Omar. He said the victims claimed to have purchased ... Read More

Penang receives approvals for two reports on reclamation project

Penang has received approvals for two technical reports for the proposed Penang South Reclamation (PSR) project, which will involve building three islands. State Local Goverment Committee chairman Chow Kon Yeow said the Marine Department approved the Marine Risk Analysis report ... Read More