Property News
Forget amendments, law enforcement is the key
House buyers’ group is skeptical of Putrajaya’s plan to amend a law regulating housing developers, purportedly to aid buyers affected by abandoned projects. The National House Buyers Association said the government should focus on enforcing the law instead of making more amendments. The association’s secretary-general, Chang Kim Loong, quipped that ... Read More
Bukit Mertajam to build a “forest park in the city”, expected to be completed within two years
Penang youth and sports committee chairman, Soon Lip Chee said that the project called "WoodHaven" aims to create a green leisure space with nature near MPSP Sport Complex at Jalan Betek. "This project is inspired by the Botanical Garden and Youth Park on Penang Island. We hope this project can benefit the local people ... Read More
Act 118 to be amended to help house buyers of abandoned projects
The Housing Development (Control and Licensing) Act 1996 (Act 118) will be amended to help house buyers of abandoned housing projects, said Housing and Local Government Minister Datuk Zuraida Kamaruddin. She said the amendment to the act is being drawn up to address issues concerning abandoned housing projects, as well ... Read More
Penang ranked as 3rd best island in the world to retire in
Penang has made it into the list of "15 Best Islands In The World To Retire On In 2021". Penang, also known as the Pearl of the Orient, came in third place after Malta and Mallorca, Spain. The other Asian countries on the list were Bali in ninth place, Koh ... Read More
The urban redevelopment project for Flat Mahsuri to start next year
The urban redevelopment project will begin next year involving the Mahsuri Flat block near Lorong Mahsuri 10 in Bayan Lepas as a pilot project. State Housing, Local Government, Town and Country Planning Committee chairman Jagdeep Singh Deo said, the project will be implemented by the Penang State Housing Board (LPNPP) under the ... Read More
Phase 1 reclamation of Island A expected to start in May
The Phase One reclamation of Island A (approximately 1,200 acres) is scheduled to begin in May or June, said Deputy Chief Minister I Datuk Ahmad Zakiyuddin Abdul Rahman. The tri-islands (Islands A, B and C) of the Penang South Reclamation (PSR) project will be located at the south-end of the Penang ... Read More
SITE PROGRESS: QuayWest Residence (Apr 2021)
About QuayWest Residence Luxury residential development located next to Penang World City in Bayan Mutiara, Penang. This development comprises 1,235 condominium units in two 24-storey towers. Tower A offers 669 units with built-ups from 1,246 to 3,222 sq ft. Tower B comprises 566 units of various types, 253 units of which ... Read More
Sungai Pinang’s new neighborhood park is expected to complete by next month
The soon-to-be completed three-acre neighbourhood park at Lebuh Sungai Pinang 7, near to the popular seafront Karpal Singh Drive, is set to be a glowing attraction soon. Situated near a river, the RM1.5 million project may see mangrove trees, which are closely associated with fireflies, be planted near the riverbank to ... Read More
Part of Bukit Kukus paired road expected to be ready by October
The construction works of a section of the Bukit Kukus paired road project are expected to be completed on Oct 23 this year. Penang Transport and Infrastructure Committee chairman Zairil Khir Johari said the project was initially scheduled to be completed on May 26 this year but was delayed due to ... Read More
More affordable homes for Penangites
A total of 38,149 affordable housing units have been built for Penangites. Penang Local Government, Housing, Town and Country Planning Committee chairman Jagdeep Singh Deo said the affordable homes include those of Type A (low-cost), Type B (low medium-cost) and Type C (below RM300,000). “Another 18,519 units are in various ... Read More
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