Property Marketing Report 2016 indicates property prices remain steady
House prices have remained steady despite a slowdown in property sales and a huge overhang of unsold units. According to the Valuation & Property Services Department’s (JPPH) Property Market Report 2016, prices of residential property continued to grow, albeit moderately despite the current market glut. “The Malaysian House Price Index ... Read More
Reclamation report to cover locals’ concerns
The Environmental Impact Assessment report for the reclamation on Penang island’s southern coast will be submitted to the Department of Environment by the end of this month. State Local Government, Traffic Management and Flood Mitigation Committee chairman Chow Kon Yeow said the report would comprise various studies on the impact ... Read More
Increase in contribution fee postponed
The Penang government has decided to postpone its decision to raise the contribution fee by developers who fail to build low-cost and low medium-cost housing until the year-end. State Housing, Town and Country Planning Committee chairman Jagdeep Singh Deo said the state received complaints from Penang Real Estate and Housing ... Read More
GBS @ Mayang
The Penang government will spend RM10mil to refurbish the Mayang Mall building in Bayan Baru and turn it into a Global Business Services (GBS) centre for investors. Chief Minister Lim Guan Eng said the GBS industry had huge growth potential and needed a conducive business environment in order to flourish ... Read More
Dorms coming up for foreign workers
The conversion of a hotel in a suburb near here into a hostel for foreign workers was not done in compliance with the state’s guidelines, said Deputy Chief Minister I Datuk Mohd Rashid Hasnon. He said the hotel was also not among the list of places which had been approved ... Read More
Eco Horizon & Eco Sun
EcoWorld unveils its newest projects — Eco Horizon and Eco Sun. Be enchanted by the grace and beauty of these latest additions to Batu Kawan. The land would be developed by Eco Horizon Sdn Bhd into two complementary townships, which would have a combined gross development value of RM7.76 billion ... Read More
Paramount to launch 2nd phase of Utropolis Batu Kawan this year
Stepping into the scene as a township developer in the northern region some 40 years ago, Paramount Property, the property development arm of Paramount Corp Bhd, has since become a developer that offers a broad spectrum of products. “As cities mature and population increases, landbank becomes scarce and expensive, leading ... Read More
How to make money through property investments?
Everyone likes to make money through property investments. Property investments have gone through a new ball game. Investors need to equipped themselves with the necessary tool to invest wisely. Miichael has 20 years of experience in property and mortgage industry and would like to share with you the insights on ... Read More
E&O unit starts work on Seri Tanjung Pinang phase two
Eastern & Oriental Bhd’s (E&O) subsidiary Tanjung Pinang Development Sdn Bhd has acquired 100% equity interest in two shelf companies, namely, Persada Mentari Sdn Bhd and Junjung Angkasa Sdn Bhd. Both companies were incorporated as private limited companies under the Companies Act 2016 with an issued and paid-up share capital ... Read More
The Park vs Quinton
Population is the key driver of growth in property market. Here is a comparison between two affordable projects - highly populated area in mainland versus a less populated area in the Island. Take a look at the comparison between the two projects below. Despite Quinton offers cheaper options in the ... Read More
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- @Betul Same issue in Gurney bay too. That's somebody hanging around in park also at...Gurney Bay on Penang optimistic about achieving target to build 220,000 affordable homes by 2030
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- What were you doing there yourself during midnight hours? Do you have a job? Those...Betul on Penang optimistic about achieving target to build 220,000 affordable homes by 2030
- @Nancy Mine is 2 cp seaview RM650k. Are you interested? I will contact you if...Jes on Affordable Housing @ The Zen
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OTHER DEVELOPMENTS
- Affordable Housing (Penang Island)
- Butterworth Arena
- Columbia Asia Medical Centre
- Eco-Tourism Hub @ Batu Kawan
- Escape Penang – Eco Theme Park
- GBS @ The Waterfront
- GBS by The Sea
- Gurney Wharf
- IKEA Batu Kawan
- Island Medical CIty
- Kobay Jelutong
- Lin Xiang Xiong Art Gallery
- Linear Waterfront
- Mitsui Outlet Park @ PIA
- One Auto Hub @ Batu Kawan
- Penang Arts District
- Penang Eastern Seafront Development
- Penang Medical & Digital Technology Hub
- Penang Premium Outlets (Design Village)
- Penang Sentral
- Penang South Islands
- Penang Transport Master Plan
- Penang Waterfront Convention Centre
- Penang World City
- PIA Expansion
- Silicon Island
- Teluk Bahang Wellness Resort
- The Ship Campus (ALC College)
- The Top @ Komtar
- Wellness City of Dreams