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Property News

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20 Most Active Projects in Penang (Q3 2018)

No doubt 2018 is a tough year in the property industry. Penang housing continues to experience high overhang and developers are cautious in launching new projects. However, for buyers who have cash on hand, it presents an opportunity to secure a ... Read More
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Maximum 40 years loan tenure for affordable home buyers

Bank Negara Malaysia (BNM) is proposing a more flexible loan package with flexible interest rates and an extended maximum loan tenure for affordable home buyers, said Housing and Local Government Minister Zuraida Kamaruddin. “We have engaged with Bank Negara and ... Read More
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Overwhelming response at Penang Property Convention

To bring an overwhelming crowd to attend a property event is usually the toughest task for any organizers. However, Penang Property Talk have recently made a breakthrough and had proven to live up to its name as being the most popular property ... Read More
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New Chinese school to be built in Batu Kawan

The federal government will build a new Sekolah Jenis Kebangsaan Cina or SJK(C) in Batu Kawan costing between RM8mil and RM10mil. Deputy Education Minister Teo Nie Ching said the school, to be built on a 2.43ha plot provided by the ... Read More
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The Largest Eco-themed Township In Penang – Setia Fontaines

S P Setia, well-known for its signature eco-themed townships in the central region of Malaysia, has once again embarked on the next exciting chapter in their development plans by bringing their award-winning concept to Bertam, located at the Northern Seberang ... Read More
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Paya Terubong paired road will be delayed

Work on the RM545mil Jalan Bukit Kukus paired road project has hit a snag even before the construction mishap in Jalan Tun Sardon. The completion date on the project, an alternative road linking Lebuhraya Thean Teik in Bandar Baru Air ... Read More
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Government to set up three categories of affordable houses

The government will incorporate three categories of affordable housing that will be constructed under the National Housing Policy, latest, by next month, says Housing and Local Government Minister Zuraida Kamaruddin. She said houses fetching RM150,000 and below, RM150,000-RM300,000 and RM300,000-RM500,000 ... Read More
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Forget about 2018, developers more optimistic about 2019

Property developers are more optimistic about the Malaysia property market outlook in the coming year than the current second half of 2018. According to the latest Real Estate and Housing Developers’ Association (Rehda) Property Industry Survey 1H18, only 18% of ... Read More
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Exclusive Update: Triuni Residences & Vilaris (Oct 2018)

Established in the year 1991, the Runnymede Group started with a humble collection of people driven by passion and the vision to be the best. Today, they have successfully established a solid ground striving towards their goal to be recorded ... Read More
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Penang’s property market finally cooling?

The property market in Penang is known as one of the most expensive in the country, with prices soaring over the years despite various cooling measures implemented by the authorities. Recently, however, there have been signs of property prices stabilising ... Read More