Penang plans a RM10m resort and spa in Batu Ferringhi
The Penang state government is working with a private company to develop a RM10 million coastal resort and spa in Batu Ferringhi, Chief Minister Chow Kon Yeow said. He said this was to develop another tourism product for the state. In his speech for the state’s 2020 budget, he said ... Read More
HOC will not integrate with MM2H
The government has no plans to integrate the Malaysia My Second Home (MM2H) programme with the Home Ownership Campaign (HOC), as the two schemes have different objectives, said the Housing and Local Government (KPKT) Minister Zuraida Kamaruddin. “Both programmes have different objectives and target segments: One is targeting Malaysians with ... Read More
SITE PROGRESS: Imperial Grande (Oct 2019)
About Imperial Grande A mixed development by Modular Platinum Sdn. Bhd. (Ideal Property Group) in Sungai Ara, Penang. It is located along Jalan Fettes, surrounded by Iconic Skies, Gardens Ville and Imperial Residence. This development will offer a mix of landed and high-rise properties, with 2 level of shop offices ... Read More
MAPEX – Home Ownership Campaign 2019
MAPEX has been one of the feasible platforms in gathering interest for property purchasing as the previous venture made a grossing sales of RM300 million, with more than 200 applicants in salvaging government-linked homes. As the Co-Organizer of MAPEX, Property Queen’s dedication and commitment ensuring home ownership among Malaysians will ... Read More
Strata property owners laud court’s decision on flat rate
About six million Malaysians who live in strata properties will “benefit” from a Court of Appeal ruling that all owners in mixed development strata properties pay maintenance rates based on a fixed formula. “It is not only high-rise buildings but also gated and guarded communities that have strata titles,” said ... Read More
Councils to start hearing assessment rate objections today
The first hearing session of the new 2020 assessment rate objections for both councils in Penang will be held starting tomorrow (29 October 2019). State Housing, Town, Country Planning and Local Government Committee chairman Jagdeep Singh Deo said the hearing of the objections would be held by the assessment appeal ... Read More
Rent first until financially ready to buy homes
Unaffordable housing remains unresolved, and the younger generation might need to lower their expectations and consider renting instead, industry experts said. The housing problem is centred on soaring prices of properties that are incompatible with people’s income, thus diluting affordability. National House Buyers Association honorary secretary-general Datuk Chang Kim Loong ... Read More
BNM: Houses in Malaysia ‘seriously unaffordable’
Houses in Malaysia are considered “seriously unaffordable” by international standards, a Bank Negara Malaysia official said. According to the median multiple methodology developed by Demographia International and recommended by the World Bank, United Nations and Harvard University, a house is deemed affordable if it is priced not more than three ... Read More
SITE PROGRESS: Sanctuary Ridge (Oct 2019)
About Sanctuary Ridge The 4th phase of residential development at Permatang Sanctuary by IJM in Alma, Bukit Mertajam. Strategically located within an established neighbourhood, about 15-minute drive from Juru Auto-City and Penang Second Bridge. It is about 2km away from AEON Mall and Tesco Hypermarket. Find out more about Sanctuary Ridge ... Read More
RM800,000 proposed as Penang property price threshold for foreign buyers
The Penang government has proposed that the price threshold for foreigners to purchase urban high-end properties in the state to be set at RM800,000, compared to RM600,000 announced by Finance Minister Lim Guan Eng during the 2020 Budget. Penang’s Housing, Local Government, Town and Country Planning Committee chairman Jagdeep Singh ... Read More
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- Groundbreaking at Jan 2020, and 5 years later still no progress, and their internal keep...Chlow on Grace Harmony
- @Krie The Zen & Zen6 little bit much better than those project as managed by...AG Zen on Penang optimistic about achieving target to build 220,000 affordable homes by 2030
- @wake up They are human, buy please buy house at their home town ya. ...Banu on AFFORDABLE: Pantai Jerjak / PDC Properties Sdn. Bhd.
- @MajorArches One foresta/Forestville another doomsday. Upcoming is Ideal Residency/Ideal Venice and the Havana/Maldives. They are...Krie on Penang optimistic about achieving target to build 220,000 affordable homes by 2030
- @MajorArches One foresta/Forestville another doomsday. Upcoming is Ideal Residency/Ideal Venice and the Havana/Maldives. They are...Krie on Penang optimistic about achieving target to build 220,000 affordable homes by 2030
- @Krie Luckily I bought Quaywest. At least we don't see such problem & full privacy...Western &Eastern on Penang optimistic about achieving target to build 220,000 affordable homes by 2030
- @Krie The light city few projects suffered same fate. Waterside residence having water leakage issue...Chris on Penang optimistic about achieving target to build 220,000 affordable homes by 2030
- @Krie One example was their I Santori already, proven there what happened. ...MajorArches on Penang optimistic about achieving target to build 220,000 affordable homes by 2030
- @Krie 100% agree with you on this. Quality wise already know about it. High density...MajorArches on Penang optimistic about achieving target to build 220,000 affordable homes by 2030
- Minion : got a good deal of Arica at RM1.1M Since this a serviced...Anon on Arica @ Andaman
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- Affordable Housing (Penang Island)
- Butterworth Arena
- Columbia Asia Medical Centre
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- GBS @ The Waterfront
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- Gurney Wharf
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- Kobay Jelutong
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- One Auto Hub @ Batu Kawan
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