Penang Property Talk

Senrosse 2, the tenth phase of landed residential development by JKP Sdn. Bhd. at Taman Ilmu in Nibong Tebal. Located adjacent to Engineering Campus of University Science Malaysia, about 10 minutes drive from North South Expressway – Jawi Interchange. It is only a few kilometers aways from Penang/Perak border.

This development will feature 40 units of 2-storey semi-detached houses with spacious land and built-up area.

Project Name : Senrosse 2 @ Taman Ilmu
Location : Nibong Tebal, Penang
Property Type : 2-Storey Semi-Detached
Land Area: (to be confirmed)
Built-up Area: (to be confirmed)
Total Units: 40
Tenure : Freehold
Indicative Price: (to be confirmed)
Developer : JKP Sdn. Bhd.

Location Map:

Located just a mere minutes drive from Penang Bridge, Triuni Residences is a unique collection of condominium surrounded by verdant landscaped grounds that is conceptualized by an award-winning Australian landscaper, it is a home meant for everyone. Grab a unit now and enjoy up to RM108K CNY Angpow per unit plus festive rebates and abundance discounts!

A real estate expert claims that it is much easier for Malaysian youths to own property compared to their counterparts in neighbouring countries.

Michael Geh, a senior partner with Raine & Horne Malaysia, said young people in Thailand, Indonesia, Laos and Cambodia could not “even dream of buying houses” because of the exorbitant prices.

“But in Malaysia, you can still buy if you belong to a double-income household or go for joint ownership,” he told FMT.

He also said local banks were more open than those in neighbouring countries to giving out housing loans to youths.

Last Tuesday, the executive chairman of property consulting firm Rahim & Co said more than 50,000 pieces of residential property, worth about R34 billion, remained unsold as of the third quarter of last year. He said one of the reasons was that wages in Malaysia were not moving upward to keep up with property prices.

Geh urged the government to put in more effort into improving the job market to spur property purchases among youths.

He also said the overhang in residential properties could be attributed to faulty locating of property development.

He noted that some properties were being offered for sale at prices that did not match the attractiveness of the sites.

He added that the speed at which properties were being built did not match the slow increase in Malaysia’s population, attributing this to the keenness of developers listed on the stock exchange to impress investors.

“They need to develop to show performance to ensure that their stock prices and stock performances remain good,” he said.

May the Year of the Metal Rat brings you lots of happiness, good health, good luck & good fortune. Happy Chinese New Year 2020! Celebrate this coming festive season with your family by visiting these events for your dream home and enjoy the exclusive CNY offers.

RUNNYMEDE GROUP (28-30 JAN)

Triuni Residence Tower B Lunar Grand Launch! Enjoy up to RM108K CNY Angpow per unit

ASPEN GROUP (27 JAN – 2 FEB)

Exciting activities awaits you at 3 locations! Click here for more info about
ASPENORMOUS 2020

ASIA GREEN GROUP (31 JAN)

CNY Renri Celebration - Celebrate everyone's birthday together with amazing activities and RM1mil ANGPOW to be won!

MAH SING GROUP (1 Feb)

CUBE Penang Market CNY celebration @ Southbay Sales Gallery

MTT PROPERTIES (22 JAN – 9 FEB)

Hottest Rat Year Bonus For You

COSMOPOLITON HOMES (27 JAN)

Urban Suites show unit is now ready for viewing. Call now to make appointment!

PROPERTY QUEEN (27 JAN – 2 FEB)

CNY Property Fair 2020 at Queensbay Mall, Gurney Plaza and Sunway Carnival Mall.

PARAMOUNT PROPERTY (1 FEB)

CNY Open House Paramount Property New Gallery @ Utropolis Batu Kawan

AMAN SETIA GROUP

Valencia Residence - Show Gallery open for viewing during Chinese New Year!

TGB GROUP (27 JAN – 2 FEB)

Celesta Residence - Super low density condo with only 89 units

S P SETIA (9 FEB)

Double the joy with your family & friends this auspicious occasion with dazzling performances, treats and more.

SEPAKAT MEWAH (18 & 19 JAN)

The Sun Condominium Chinese New Year Open House. Grab an Angpow worth RM888 during this event!

Mandarin Mansion, a landed residential development by Kayangstar Property Sdn. Bhd. in Batu Maung, Penang. Located along Jalan Batu Maung, accessible via Lorong Batu Nilam 1. It is adjacent to Sunway Mutiara housing scheme by Sunway Property Group, approximately  2km away from Penang Second Bridge.

This development comprises a total of 28 units 3-storey semi-detached and terrace houses. It was formerly owned by Seal Properties Sdn. Bhd. (known as Sapphire @ Batu Maung), been sold to Kayanstar Property Sdn. Bhd. in 2017.

More details to be available upon official launch.

Project Name : Mandarin Mansion
Location : Batu Maung, Penang
Property Type : 3-Storey Semi-Detached & Terrace
Land Area: (to be confirmed)
Built-up Area: (to be confirmed)
Total Units: 14 (semi-d), 14 (terrace)
Tenure : Freehold
Indicative Price: (to be confirmed)
Developer : Kayangstar Property Sdn. Bhd.

Location Map: