Property News
Developers fine-tune strategies to attract buyers
During these challenging times of the coronavirus, developers have fine-tuned their marketing strategies in ways that can be very tempting for the potential house buyer. It is no longer as straightforward as, say, a decade ago where this is the price, this is down payment, and here is the loan amount ... Read More
Not OK to waive maintenance fees in light of Covid-19
Many strata property owners may have sought waivers or discounts on maintenance fees since the Covid-19 outbreak and the ensuing Movement Control Order (MCO) period but such fee waivers and discounts are not viable as any adjustments in fee collection or sinking funds will need the approval of property owners ... Read More
Federal Court: Single rate of maintenance fees for all the parcels in the project.
The Federal Court has today rejected an application for leave to appeal against the Court of Appeal’s (COA) decision in the Menara Rajawali case. The COA had decided on Oct 4, 2019 that the Joint Management Body (JMB) of the mixed development is required to fix a single rate of ... Read More
MM2H holders are allowed to return to Malaysia
Malaysia My Second Home (MM2H) participants stranded abroad have been allowed to return to the country since May 14, following the easing of movement restrictions. Tourism, Arts and Culture Minister Datuk Seri Nancy Shukri said there were 253 MM2H participants and their dependents who had requested to return to Malaysia ... Read More
Penang will be ready to welcome tourists by Q3, Q4 2020
Penang expects to welcome tourists by third or fourth quarter of this year following the outbreak of Covid-19 pandemic. Penang Tourism, Arts, Culture and Heritage Committee chairman Yeoh Soon Hin said despite Penang being a green zone state, the state is still working to rebuild the tourism industry. “We can ... Read More
Penang to allow dine-in at all restaurants from May 18
Penangites will be able to dine in at all eateries in the state from Monday (May 18). Chief Minister Chow Kon Yeow (pic) confirmed this during his press conference via Facebook on Friday (May 15). "This was decided at the state exco meeting on Wednesday (May 13). "We have decided ... Read More
The Light City project to resume in August
IJM Land Bhd will restart work on the stalled RM4.5bil The Light City project, which is located next to the Penang Bridge, in August. IJM Perennial Development Sdn Bhd general manager Tan Hun Beng said the construction work was supposed to start in April. IJM Perennial is a joint-venture company ... Read More
Penang allows food premises to provide dine-ins in stages
The Penang Security Special Commitee (JKKN) has allowed food and beverage outlets to provide dine-ins in stages. Chief Minister Chow Kon Yeow said the first phase would start on May 15 (Friday). “The Penang JKKN only allows food outlets located in the hotel, supermarket and fast food franchise to provide ... Read More
Affordable housing at Island Glades to proceed as planned in Q4
Ideal United Bintang International Bhd (IUBIB) will develop RM828.6mil worth of property for the 1Malaysia People’s Housing or PR1MA programme in the fourth quarter. Dubbed Penang’s “Property King”, group executive chairman Tan Sri Ooi Kee Liang told StarBiz that the project is located in the sought-after neighbourhood of Island Glades ... Read More
Penang reopened under PGRS (Penang Gradual Recovery Strategy)
Penangites heaved a sigh of relief as the state partially reopened its doors with its own adaptation of the conditional movement control order (MCO) called Gradual Recovery Strategy. Nearly all retail outlets, including department stores and malls, were allowed to reopen under the strategy Friday, but there were differing rules ... Read More
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- got showroom? ...666 on Bayan Suite
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- 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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