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Viluxe Exclusive Registration
The first and only FREEHOLD 2-Storey Premium Terrace in Batu Kawan, near to IKEA Batu Kawan and fronting the 25-acre Central Island Park. LIMITED UNITS with price starting from RM750,000 Only! Viluxe Exclusive Registration on 9th March 2019, 11am to 7pm at Aspen Vision City Sales Gallery, Batu Kawan, Penang ... Read More

Latest about Penang Airport and pending approvals for PSR and PTMP
Building an airport on one of Penang’s three man-made islands off the southern coast of the state will keep the airport within the state, Chow Kon Yeow said. The Penang chief minister said the administration wanted to keep the airport on the island instead of moving it elsewhere. “It is ... Read More

You are invited to the opening of IKEA Batu Kawan!
With eight days away from the opening of IKEA Batu Kawan, the Swedish home furnishing retailer is fueling even more excitement with a slew of in-store activities and unbeatable promotions for its opening weekends. Promising a great day out for the entire family, the retailer is inviting everyone to the ... Read More

MIEA: Extend HOC 2019 to secondary market please
The Malaysian Institute of Estate Agents (MIEA) has urged the government to extend the incentives offered during the Home Ownership Campaign (HOC) to first-time home buyers looking to buy from the secondary market. “MIEA is very appreciative of the fact that the Finance Ministry has introduced new programmes to stimulate ... Read More

Penang turns to rent-to-own schemes to clear long waiting list for public housing
Penang state government will turn some of its low cost housing units into rent-to-own schemes and offer it to those who applied for people’s housing project (PPR) units. Penang state exco Jagdeep Singh Deo said the shortage of PPR units in the state meant the administration had to look for ... Read More

Summary of incentives for homebuyers
For most Malaysians, buying a house is tough. A high upfront payment coupled with a life-long mortgage commitment can be daunting, so it makes sense to take any help you can get to lower the cost of owning a home. Besides the many freebies and promotional packages that property developers ... Read More

Residential Vacancy Rates: Property Overhang and Market Supply
By See Kok Loong Lately, there are several publications such as National Property Information Centre (NAPIC) published on Jan 2019 on the data for 3Q18, the number of unsold homes in Malaysia has reached a new high of 30,115 homes amounted to RM 19.54 billion. (The above figure is the ... Read More

Redefining condo living in Prai
GEMSTONES are a reflection of luxury and elegance. Rare and valuable, they sparkle and entice and have remained the desire of many since time immemorial. All these attributes and more are found in the architectural jewel that is GEM, a prestigious mixed development by the reputable Belleview Group. Located in ... Read More

Housing Integrated Data System to monitor affordable housing market
The Ministry of Housing and Local Government has established a Housing Integrated Data System to help it identify the demand for and supply of affordable housing nationwide. Its minister, Zuraida Kamaruddin told theSun that the ministry had encountered difficulties in obtaining information such as income levels by location and other ... Read More

Flat property market seen for Penang
The Penang property market is expected to remain flat yet resilient this year and could bottom out within the next two years. CBRE|WTW Research in its Real Estate Market Outlook 2019 says it will be a buyers’ market over the short term, particularly for residential properties. “Under the prevailing subdued ... Read More
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