News & Articles

Top 10 most popular projects in 2017
The most viewed project of 2017, according to Google Analytics data (up until 27/12/2017), is the review of Novus condominum at Sungai Nibong. This project is no doubt the most popular project in 2017 and has been sold out. In second place is The Tamarind executive apartment by E&O Property ... Read More

Slight improvemet in industrial property
Despite the prevailing economic uncertainties, industrial property sales in Malaysia are expected to increase at a moderate pace next year, while the increase in value of transactions is projected to stay at a low single-digit percentage. According to Raine & Horne Malaysia senior partner Michael Geh, the projection was based ... Read More

Applications for MyDeposit 2018 opens today
The applications for the First House Deposit Financing Scheme or MyDeposit for next year will be opened from tomorrow (Dec 15) until Feb 15, 2018. Deputy Urban Wellbeing, Housing and Local Government Minister Datuk Halimah Mohamed Sadique said the public could register online at https://sprn.kpkt.gov.my. "At the tabling of the 2018 ... Read More

George Town among cheapest cities for expats in Asia
George Town in Penang and Johor Bahru in Johor were identified as some of the cheapest locations for expatriates in Asia, according to research by ECA International. The two cities join Mongolia’s capital Ulaanbaatar, Yangon (Myanmar) and Karachi (Pakistan) as some of the region’s most affordable cities. Meanwhile, Kuala Lumpur ... Read More

No bubble in property sector
Some global property markets are overheated at the moment, but Malaysia certainly is not in the bubble territory. In those markets that are overheated, home prices are rising faster than salaries amid slow demand. There is also rising interest rates, and shaky loans become the norm. These are probably the ... Read More

Discover Balik Pulau
GM Training Academy will be organizing “Discover Balik Pulau”, a holiday event at Botanica Mansion on 16th December 2017. Event highlights: Discover Balik Pulau Tour Balik Pulau talk by Miichael Yeoh Botanica Mansion heritage tour Kids Coloring contest (Please bring you own coloring set) Goats Farm and many more At ... Read More

Penang has its own unique demand, pricing and prospects
Penang-based property developer Asas Dunia Bhd said the Government’s blanket freeze on properties worth RM1mil and above is not the solution to the rising unsold properties in the country. Its managing director Datuk Jerry Chan said: “A blanket freeze is not practical as each location, either within a city or ... Read More

Penang airport expansion to provide for 12mil passengers
The capacity of Penang International Airport (PIA) will expand by almost 100% from 6.5 million passengers to 12 million, said Chief Minister Lim Guan Eng. He said this was according to a written reply by Transport Minister Datuk Seri Liow Tiong Lai to him in Parliament. The reply on Monday ... Read More

Aerial view of The Zen Condominium
The Zen, yet another mixed development by Asia Green at Bayan Mutiara. It is located next to Tun Dr. Lim Chong Eu Expressway, just a short drive away from the ongoing Penang World City township development by Tropicana Ivory. This development will see the construction of a 46-storey condominium with two residential towers, ... Read More

Is the freeze on high-rise residences above RM1m warranted?
by Previndran Singhe I must applaud the Malaysian government’s responsiveness in trying to manage the perceived property bubble, with specific focus on the residential luxury market. When we were in university, we were told that a property bubble is usually preceded with what one calls an euphoria of buying, demand ... Read More
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- @millionaire or AG ...LL on Penang’s LRT Mutiara Line project set to begin soon
- Islander : Aiya, very easy, by next GE if I still see “nothing” I...Gemini on Penang’s LRT Mutiara Line project set to begin soon
- @Captain Light Just assign to a China company, will start. Look at Indonesia HSR, took...millionaire on Penang’s LRT Mutiara Line project set to begin soon
- A single LRT line will definitely not solve the traffic woes. Will need multiple lines,...Captain Light on Penang’s LRT Mutiara Line project set to begin soon
- By 2040, there will still be tons of study to investigate the impact and expect...LL on Penang’s LRT Mutiara Line project set to begin soon
- Aiya, very easy, by next GE if I still see "nothing" I as well vote...Islander on Penang’s LRT Mutiara Line project set to begin soon
- Will this LRT finally solve Penang's notorious traffic woes, or is more needed? #PenangDevelopment ...Informatika on Penang’s LRT Mutiara Line project set to begin soon
- @Hee Chan can't wait for it ...LL on Ivory Properties gets green lights to buy land opposite Queensbay Mall
- @Ryu fully agree ...LL on The Lume @ Andaman Island
- @MD Yusof How about constructing The Pier 2 in here? It's going to be amazing...Hee Chan on Ivory Properties gets green lights to buy land opposite Queensbay Mall
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OTHER DEVELOPMENTS
- Affordable Housing (Penang Island)
- Butterworth Arena
- Columbia Asia Medical Centre
- Eco-Tourism Hub @ Batu Kawan
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- 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