News & Articles

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

Construction of Ayer Itam-LCE Expressway bypass to start on Aug 31
Construction of the 5.7km Ayer Itam-Tun Dr Lim Chong Eu (LCE) Expressway bypass, which would be part of the RM46 billion Penang Transport Master Plan (PTMP), will begin on Aug 31 this year, Penang Chief Minister Chow Kon Yeow (pictured) said yesterday night. He said the commencement of the by-pass ... Read More

Still no firm date for Penang tunnel construction
There is still no indication as to when construction work will start on the PenangUndersea Tunnel project, as the contractor is still waiting for the relevant land to be dredged. “We are supposed to start in March, but the Penang state government’s land is not ready. Until we receive the land ... Read More

CNY Open House by Mah Sing attracted huge crowd
In conjunction with the Chinese New Year, Mah Sing Group Berhad (Mah Sing) decorated their Southbay Sales Gallery in Batu Maung with the Old Street concept and hosted an open house for the local community and their customers. During the celebrative event over the weekend, it attracted a huge crowd ... Read More

Exclusive Sneak Preview of IKEA Batu Kawan
IKEA Malaysia today surprised the Penang-based media with an exclusive sneak preview of its highly anticipated store, IKEA Batu Kawan. Held in line with the store's Roof Capping event, a Swedish tradition to celebrate the end of construction, IKEA took the opportunity to unveil features of this store while expressing ... Read More

Silent majority in Penang wants PIL 1
The Penang government has again defended the Pan Island Link 1 (PIL 1), with Chief Minister Chow Kon Yeow saying the state’s “silent majority” wants the project to proceed. He said based on feedback from the public through town hall sessions, some 80% of Penangites approved of PIL 1, a ... Read More
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- @Hon Very true. I have Semi D in Greenland current market price around 2M but...Network on 80% of Gen Z Malaysians opt for high-rise living
- @Minion I am from Sabah living at landed for my childhood but Im enjoying living...LOL on 80% of Gen Z Malaysians opt for high-rise living
- @Minion It makes a little bit of sense technically. Somehow In reality, more & more...Hon on 80% of Gen Z Malaysians opt for high-rise living
- Any Idea about this project? It's selling at around RM595/PSF ...Boy on Pinnacle Homes brings its signature skyline to Penang
- @Minion You keep silent because it's fact that new condo is more expensive than landed....Tui on 80% of Gen Z Malaysians opt for high-rise living
- Nowadays those whom purchase landed houses are only those whom can afford it in island...Minion on 80% of Gen Z Malaysians opt for high-rise living
- @Joey Hi Joey please add me in whatapps group. email yxboy88@gmail.com ...yx on Grace Residence
- @Minion Sorry. Even I afford 1.2M landed but still I prefer condo because brand new...Wilson Ooi on 80% of Gen Z Malaysians opt for high-rise living
- Finally a human with brain speaking. This is by far the biggest effort the government...ForeverSeaView on Incentives for “Build-Then-Sell” housing model to be announced soon
- @rojak Actually, you can find smaller build up size landed house in penang island too,...greg on 80% of Gen Z Malaysians opt for high-rise living
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