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![MyDeposit-logo](https://img3.penangpropertytalk.com/wp-content/uploads/2016/04/MyDeposit-logo-144x144.jpg)
More than 500 MyDeposit applicants from Penang
The National Housing Department will notify successful applicants for the My First Home Financing Scheme (MyDeposit) by the end of this month. National Housing Department director-general Datuk Mohamad Yusoff Ghazali said the department had so far received 7,347 applications for the scheme, 1,046 of which provided complete documents. “Selangor recorded ... Read More
![11th-malaysia-plan](https://img1.penangpropertytalk.com/wp-content/uploads/2016/04/11th-malaysia-plan-144x144.jpg)
Seven roads projects approved for Penang under 11th Malaysia Plan
Seven road projects totalling RM1.96bil have been approved for Penang under the First Rolling Plan (2016-2017) of the 11th Malaysian Plan. On the island, they include road upgrades from Teluk Kumbar to Penang International Airport (RM390mil), from Batu Maung to Penang Bridge (RM373.2mil), from Batu Maung to the Jalan Sultan ... Read More
![sapphire-batu-maung](https://img3.penangpropertytalk.com/wp-content/uploads/2016/01/sapphire-batu-maung-144x144.jpg)
Sapphire @ Batu Maung
Sapphire, a small residential development by Seal Properties Sdn. Bhd. in Batu Maung, Penang. Located along Jalan Batu Maung, accessible via Lorong Batu Nilam 1. It is adjacent to Sunway Mutiara scheme, only 2km away from Penang Second Bridge. This development comprises 14 units of 3-storey semi-detached and terrace houses ... Read More
![metn_2p_0901_pbh](https://img2.penangpropertytalk.com/wp-content/uploads/2016/01/metn_2p_0901_pbh-144x144.jpg)
Penang accepts PR1MA applications
Penang has received its first two Perumahan Rakyat 1Malaysia (PR1MA) applications to undertake affordable housing projects involving 2,600 units. The applications are for a project in Batu Ferringhi (1,520 units) and another in Kampung Kastam, Bukit Gelugor (1,124 units). State Housing, Town and Country Planning Committee chairman Jagdeep Singh Deo ... Read More
![PTMP](https://img2.penangpropertytalk.com/wp-content/uploads/2015/12/PTMP-144x144.jpg)
LRT and highway lines for transport master plan approved
The Penang executive council today gave the green light to Penang Transport Master Plan (PTMP) project delivery partner SRS Consortium Sdn Bhd for the railway and highway schemes that include a rail line from Komtar to the airport and the Pan Island Link. SRS tabled the plans to the state ... Read More
![PEO_Datuk Abdul Rahman Dahlan_Urban Wellbeing, Housing and Local Government minister_1680_CJS](https://img2.penangpropertytalk.com/wp-content/uploads/2015/11/PEO_Datuk-Abdul-Rahman-Dahlan_Urban-Wellbeing-Housing-and-Local-Government-minister_1680_CJS-144x144.jpg)
Home appreciation dropped by half since 2012
The annual rate of appreciation for homes has dropped from 12.2% in the fourth quarter of 2012 to 5.9% in the second quarter of 2015, said Datuk Abdul Rahman Dahlan. The Urban Wellbeing, Housing and Local Government Minister in wrapping up the ministry's debate on Budget 2016 at the committee ... Read More
![12239657_562805680533963_8196562767151553301_n](https://img1.penangpropertytalk.com/wp-content/uploads/2015/11/12239657_562805680533963_8196562767151553301_n-144x144.jpg)
Hurry up and apply for affordable housing
Eligible Penangites should start applying for affordable housing because developers may not carry out more of such projects. State Housing Committee chairman Jagdeep Singh Deo said the profit margin of affordable housing projects was only about 20% and it was not considered lucrative for developers. “We are grateful to Penang ... Read More
![new-ahu-limit](https://img1.penangpropertytalk.com/wp-content/uploads/2015/10/new-ahu-limit-144x144.gif)
New Measures to Ease Affordable Housing Application and Development
In an effort to improve the accessibility while stimulating the affordable housing development in Penang, the state government has introduced several new measures to ease the current market situation. Increase in household income ceiling With the hope that more applicants will be able to obtain bank loans, the household income ... Read More
![Quick chat: (From right) Jagdeep, investPenang general manager Loo Lee Lian, exco member Phee Boon Poh, Penang Chinese Chamber of Commerce vice-president Datuk Finn Choong and Rehda Penang deputy chairman Datuk Toh Chin Leong sharing a light moment after the press conference.](https://img1.penangpropertytalk.com/wp-content/uploads/2015/10/metn_6a_0210_pcw_1-144x144.jpg)
State government eases group’s application for affordable units
The Penang government has finalised the application procedure and criteria for employees with talent and skills in Penang to own affordable housing units in the state. State Housing, Town and Country Planning Committee chairman Jagdeep Singh Deo said investPenang proposed that the Selection Process Enhance-ment Committee waive the requirement that ... Read More
![Eco Marina](https://img1.penangpropertytalk.com/wp-content/uploads/2015/10/Eco-Marina-144x144.jpg)
Eco World seeks approval
Property developer Eco World Development Group Bhd is seeking shareholders’ approval for its multi-million ringgit mixed project in Penang. The company issued a circular to Bursa Malaysia detailing two land parcels totalling 449.64 acres in Batu Kawan, which it is acquiring and plans to develop for a total consideration of ... Read More
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- @Kenny A Actually almost same like Queens waterfront beehive. ...Ah Chai on Havana Beach Residences
- @Guiness don't know why build up look so ugly... brochure still ok.. now is just...Kenny A on Havana Beach Residences
- I'm still interested in unit #8, anyone letting go pls notify, prefer mid~high floor thxx...Debbie on The Cube
- how to me to reach the developer ? ...acap on UPCOMING: Kubang Semang / Diversified Enterprises Sdn. Bhd.
- Latest price for state units 388k, 10 storey of car park (split into 1A1B until...TT on Mandarin Residence
- remove sg dua toll may solve the traffic congestion also... ...Abolish on Juru-Sungai Dua Elevated Expressway to ease Penang traffic
- @Victor President actually is important for those plan to stay and pass to next generation...Po on Anggun Residences
- AG Zen : @Ss The Zen& Zen6 is best development in Southern part of...jack on Tree Sparina @ Ideal Vision Park
- AG : Checked out the units and the built quality is very decent and...Minion on The Zen
- Lol who's calling the shots now? How much Penang state has spent on consultations &...jack on Penang LRT project specs come under federal purview
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- Affordable Housing (Penang Island)
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- Kobay Jelutong
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- Penang Arts District
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