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Property News

rehda-affordable

9 reasons why affordable homes floundering here, according to developers

The Real Estate and Housing Developers Association Malaysia (Rehda) Institute has identified today nine structural problems which it said are behind why the country is struggling to ensure a sustainable supply of public housing. The report titled “Affordable Housing Report” released this morning cited fragmented playing field between public and ... Read More
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Atta Global buys two property development companies for RM7.5m

Steel products maker Atta Global Group Bhd is proposing to acquire two property development companies, Eminent Potential Sdn Bhd and Scanrite Sdn Bhd, for RM7.5 million, as part of its diversification into the property business. In a filing to the exchange yesterday, Atta Global said its wholly-owned subsidiary Atta Properties ... Read More
setia-vista-raya

SP Setia holds fun Raya open house

It was a merry evening where visitors enjoyed multi-cultural performances, scrumptious food and fun activities at the Hari Raya open house hosted by SP Setia Berhad. There were also various workshops and a beautiful fireworks display during the event at Setia Sky Vista in Lebuh Relau, Bayan Lepas. The celebration ... Read More
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First Home Convention 4.0 – The BLT Sharing

Tired of renting? Join the upcoming First Home Convention to equip yourself making informed decision when buying your 1st home. VENUE: Level 4, Sri Perak Room, Bayview Hotel Penang DATE/TIME: 21 July 2018, 2PM - 6PM [Sponsored Ad] ... Read More
rent-to-own-pg

State mulling rent-to-own scheme for Penangites

Penang CM wants to enable more Penang folk to have a roof over their heads. He feels that fresh graduates may not be able to afford a home as their incomes are not growing in proportion with housing prices. Hence, while the current low-cost and low-medium-cost housing schemes will still ... Read More
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We need more than just housing data to address housing issues

The United Nations Human Settlements Programme or UN-Habitat executive director, Maimunah Mohd Sharif’s passion for bringing change to people’s lives certainly shines through. As the first Asian lady to be appointed to the position, Maimunah who grew up in a kampung in Kuala Pilah, Negeri Sembilan, was previously the mayor of Penang Island ... Read More
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World Cup FINAL! Live screening @ Southbay, Penang

Catch the live screening of FIFA World Cup FINAL at Southbay Sales Gallery, Penang. Hosted by Mah Sing Group, featuring food trucks & many fun activities! Activities Highlight: Live Band Foosball Attack Tabletop Football Fever Kids Inflatable Food Trucks ... Read More
p10-flyover

Official opening of Batu Maung flyover (P10)

Motorists can look forward to breezier travelling along the newly upgraded 1.25km stretch from Batu Maung to Jalan Sultan Azlan Shah in Bayan Lepas, Penang. The RM123mil project includes the construction of a 650m four-lane flyover, upgrading of roads from the section in front of SK Batu Maung to Solok ... Read More
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Works on Ayer Itam – LCE Expressway bypass to start Q2 2019

Works on one of the three paired roads — the 5.7km Ayer Itam-Tun Dr Lim Chong Eu Expressway bypass — are expected to startat the beginning of the second quarter next year. Consortium Zenith Construction Sdn Bhd (CZC) senior executive director Datuk Zarul Ahmad Mohd Zulkifli said the groundbreaking ceremony was ... Read More
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Contribution cost for property developments in Penang

According to some property developers in the state, compliance cost has gone as high as RM460 psf but this has been reduced to RM390 psf earlier this year. Nevertheless, developers lament that the cost is still too high. Will compliance cost be reduced further? Chow admits that the Real Estate ... Read More