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News & Articles

20140430_BLD_CONSTRUCTION. PIX BY:  LEE LAY KIN

GST operational issues affecting property developers

Property developers are still faced with operational issues that come with the implementation of the Goods and Services Tax (GST), after the consumption tax came into force four months ago. In a forum to address this issues at the recently concluded Fiabci-Penang International Roundtable Property Conference 2015, Ernst & Young ... Read More
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5 things you need to know about strata living in an urban community

We tend to forget the meaning of community living while climbing the career ladder to put food on the table and the kids through private school. Urban Malaysians live in private spaces, outsourcing our community responsibilities to our maids and elected representatives. In fact, we outsource everything outside our own ... Read More
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10 Most Popular Projects in July 2015

Ramah Pavilion has again proven to be the busiest affordable housing projects in town with nearly 12,000 views last month. This project has always been in the top 4 since January 2015. Sandiland Foreshore, a newly introduced affordable housing projects in Georgetown has taken the third spot. Ramah Pavilion One ... Read More
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Applicants allowed to select affordable housing projects in Penang

The Penang state government will allow applicants of affordable housing units to select affordable housing projects in the state, following suggestions from property players for the move. Speaking at a roundtable session during the Fiabci-Penang International Property Conference (PIP) 2015 yesterday, Penang state executive councilor for Housing and Town and ... Read More
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Making ends meet

Why developers cannot afford to build affordable houses Imagine you were offered a job with a salary which was insufficient to cover all your basic expenses like food, childcare, petrol and mortgage. Would you take the offer? I believe the immediate response to the question would unanimously be “No!” More ... Read More
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Affordable housing remains key priority in Penang

Affordable housing remains a key priority for the Penang state government, which has embarked on 12 affordable housing projects in all five districts of the state, which will see some 22,512 units of affordable housing being delivered within the next 15 years. Penang Chief Minister Lim Guan Eng (pictured) said ... Read More
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New school plans progressing smoothly

The SMJK Heng Ee branch in Jalan Sungai Tiram 1 in Bayan Lepas, Penang, will be able to take in 3,000 students once it is ready in 2018. Construction of the RM50mil school project has entered its second phase with a six-storey academic building costing RM20mil. It will have 96 ... Read More
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No law against crowded homes

There has been much debate about overcrowded homes, especially given the rise in the number of properties being converted into hostels, whether for students or foreign workers. Those living near such houses would argue that a double-storey terrace house would be unfit for more than eight tenants, at most. Landlords, ... Read More
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More bicycle lanes in the pipeline

All major roads and highways in Penang will have dedicated bicycle lanes, said Chief Minister Lim Guan Eng. He said the state government was giving special attention to complete the lanes on these thoroughfares by 2020. He said among the routes where such lanes would be created were from Seri ... Read More
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PDC inks deal with S’pore-based firms to build RM1.3bil complex

Penang Development Corporation (PDC) has inked a joint venture agreement with two Singapore-based companies to develop a RM1.3bil Business Process Outsourcing Prime (BPO-Prime) Complex in Bayan Baru. The complex will be built on a 2.8ha of land where the PDC office is located currently. Chief Minister Lim Guan Eng, who ... Read More