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Property News

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The most popular property types among Penang homebuyers

Here are the property types in Penang that homebuyers could afford and what potential buyers searched for. We have mapped down the popular property types that homebuyers and potential buyers could afford. Highlights The most popular built-up size for homebuyers ranges from 901 sf to 1, 500 sf. The most ... Read More
east-seafront-project

Penang east seafront transformation to start in six months

The Penang government is looking forward to a new public promenade for visitors to enjoy the scenic view of Weld Quay in the proposed East Seafront Project. Penang Local Government, Housing, Town and Country Committee chairman Jagdeep Singh Deo said the East Seafront Project was undertaken by the George Town ... Read More
lockwin

LOCK & WIN: RM2,000,000 worth of prizes by Mah Sing

Mah Sing, with their tagline of “reinvent spaces, enhance life” continues to live up to their belief that excellence is achieved by upholding basic principles a company is built upon. These statements are at the very core of everything they do and they will continue to set milestones as one ... Read More
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Penang’s most popular new residential projects among HK investors

With the ongoing demonstrations in Hong Kong, we have heard much news about the spike in interest in Malaysian property from Hong Kong. You must be wondering do we see similar trends in Penang? Here is a snapshot of PenangPropertyTalk.com’s (PPT) monthly visits from Hong Kong. Obviously, the total number ... Read More
warn-blacklist-developer

Penang to blacklist developers who force buyers to take up extras

Housing developers in Penang have been warned not to force their buyers pay beyond the fixed prices for low-cost (LC), low medium-cost (LMC) and affordable housing units. Developers who failed to comply with the warning could result in them getting blacklisted. State Local Government, Housing, Town and Country Planning Committee chairman ... Read More
REN

Real estate agency raises alarm over unlicensed reps

Over 100,000 real estate agents are operating without a licence in the country, Malaysian Institute of Estate Agents (MIEA) president Lim Boon Ping said. According to the New Straits Times, unlicensed agents outnumbered their authorised counterparts by more than three to one. “While we have seen some reduction over the ... Read More
penang-industrial

Penang’s industrial sector looks good over mid-to-long term

The industrial property sector is expected to remain active for the rest of this year, supported by foreign direct investment inflows. Knight Frank Malaysia in a recent statement said the launch of Industry4WRD late last year in response to the digital transformation of the manufacturing sector and its related services ... Read More
sia-boey-f2

Sia Boey rejuvenation project on track

The conservation of the Old Prangin Market, archaeological sites and landscaping of Sia Boey Rejuvenation Project is going on smoothly under Phase Two. Chief Minister Chow Kon Yeow visited the Sia Boey site and was briefed by George Town World Heritage Incorporated (GTWHI) general manager Dr Ang Ming Chee and ... Read More
top-5-areas-f

Penang’s most popular residential areas and projects among homebuyers

Here is a snapshot of the most popular residential areas and projects in Penang among homebuyers. The sales and purchase data are captured from the Valuation and Property Services Department (JPPH) that has been compiled by brickz. This is based on the review period between January 2018 and December 2018 ... Read More
bukit-mertajam

Bukit Mertajam heading to be Penang’s first digital city

Bukit Mertajam is moving towards becoming the first digital city in Penang by August 2020 and will employ a concept that integrates information and communication technology (ICT) devices to monitor its environment, operations and services. The state government's technology partner, Smartviro Sdn Bhd, will undertake the project which aims to provide ... Read More