Property News
MPPP introduced ‘Early Commencement Work’ Initiative
The Penang Island City Council (MBPP) has announced its ‘Early Commencement Work’ initiative for the construction industry involving residential and commercial sectors. MBPP mayor Datuk Yew Tung Seang said the initiative was to stimulate the local economy which has been affected due to the Covid-19 pandemic. “The residential projects consist of ... Read More
Long-awaited Residential Tenancy Act to be tabled next year
The government is expected to table the much-anticipated Residential Tenancy Act next year to monitor the rental market and protect tenants and house owners. Deputy Housing and Local Government Minister Ismail Muttalib said currently, the rental market is not monitored by any particular agency. Instead, it is determined according to ... Read More
Penang ferry services suspended until Aug 26
The iconic Penang ferry services have been suspended until Aug 26, for emergency repair works. A notice was put up near the entrance to the ferry terminal in Weld Quay which stated that the service was interrupted for the time being due to malfunction ferries. Auxiliary policemen were also stationed ... Read More
Penang authorities demand owners take care of abandoned pre-war properties
Penang Island City Council (MBPP) has demanded that owners of abandoned “heritage buildings” or pre-war houses “upkeep their premises” or action will be taken against them, The Star reported. MBPP said it has “identified” 73 abandoned properties (commercial and residential) worth about RM300 million. The report stated that such structures have ... Read More
Penang South Islands – The Winning Design by BIG
BIG, Hijjas and Ramboll are selected as winners of Penang State Government’s international competition to design a masterplan for Penang South Islands. The proposal entitled BiodiverCity, fits into the island's 2030 vision, providing Penangites with approximately 4.6km of public beaches, 600 acres of parks and a 25km waterfront. An Urban ... Read More
SITE PROGRESS: Golden Gateway (Aug 2020)
About Golden Gateway An SME Industrial Park located on a 20.5 acre land at the southeast part of Batu Kawan. Strategically located off Jalan Perusahaan Valdor, just a mere minutes drive to Batu Kawan Industrial Park. It is only 5 minutes away from Penang Second Bridge. Comprises 54 units of semi-detached and ... Read More
Danish architecture firm chosen as lead master plan designer for PSI
Danish architecture firm Bjarke Ingels Group (BIG) has been chosen as the lead master plan designer for the Penang South Island (PSI), which is also known as the Penang South Reclamation (PSR). BIG and their Malaysian associate Hijjas Architect & Planner were selected, out of five world-renowned teams, together with their ... Read More
Vacancy tax to imposed on developers as early as 2021
The Housing and Local Government Ministry (KPKT) is formulating a tax that could be imposed on developers who fail to sell their properties as early as early next year, in an effort to reduce overhang of residential units in the country. Minister Zuraida Kamaruddin said the introduction of the tax ... Read More
SITE PROGRESS: Valencia Residence (Aug 2020)
SHOW GALLERY 360 VIRTUAL TOUR [View in FULL SCREEN] About Valencia Residence Affordable yet luxuriously comfortable, Valencia Residence nestled within a friendly neighborhood with a myriad of cultures and ethnicities. It is conveniently located with an abundance of nearby amenities which include international schools, hospital, golf course, and malls. With ... Read More
Ministry to pay compensation for 24 PR1MA projects cancelled
The Housing and Local Government Ministry will pay compensation for the 24 development projects under PR1MA Corporation Malaysia (PR1MA) that have been cancelled, said Minister Zuraida Kamaruddin. She said the compensation payment depends on the value of the land for the area involved. “Most of the land was purchased by the ministry ... Read More
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- Hi sir, do you know the monthly maintenance charges per sq foot basis for Maris...David Teh on Maris @ Andaman Island
- got showroom? ...666 on Bayan Suite
- miaowww?? ...Joe Blow on Penang Plans New CAT Bridge Bus Link Between Island and Mainland
- What is a CAT bridge???? ...Joe Blow on Penang Plans New CAT Bridge Bus Link Between Island and Mainland
- Design from the 90's, top is empty kosong ...Tomb Stone View on SITE PROGRESS: Terraces Condominium (Oct 2025)
- @vivian What a BS comment here. Actual transaction price here is 2nd hand market. Developer...Xiao Zhi on 5 Things to Consider When Investing in Your 1st Affordable Home in Penang
- I am a Tamarind owner who bought the property from E&O in year 2016 for...vivian on 5 Things to Consider When Investing in Your 1st Affordable Home in Penang
- @BK exactly, keep on insisting instead of look at real data till uncle auntie nenek...WOW on 5 Things to Consider When Investing in Your 1st Affordable Home in Penang
- @Reclaimation why keep on insisting 800k when above tamarind owner said he bought at it...WOW on 5 Things to Consider When Investing in Your 1st Affordable Home in Penang
- Ryu : @Tamarind owner Don’t try cheat people. Tell directly. Rm600k or rm690k also...Minion on 5 Things to Consider When Investing in Your 1st Affordable Home in Penang
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- Affordable Housing (Penang Island)
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- Penang Arts District
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