Property News

Minister thinking about organising HOC campaign in Hong Kong or China
Housing and Local Government Minister Zuraida Kamaruddin plans on taking Malaysia’s Home Ownership Campaign (HOC) to Hong Kong and China. Speaking to a press conference at the outskirts of the 2019 Smart Cities Asia Annual Conference and Exhibition, she explained that properties in Malaysia are far cheaper than those found ... Read More

Iconic Point sold out during soft-launch
Iconic Worldwide Bhd’s maiden property project Iconic Point has been 100 per cent taken up during its two-day soft launch at its sales gallery in D'Piazza Mall, Penang last weekend. The company said Iconic Point is expected to become one of the key commercial centre and landmark in the Simpang ... Read More

Interview with CM: Location of future affordable housing
Many of you must be wondering where will be the next affordable housing located? Can the government control or influence the developer's decision? Listen to the sharing from our Chief Minister on the challenges in approving affordable housing by developers. FIND OUT MORE: Penang CM speaks to Penang Property Talk on Vision 2030 ... Read More

CAP warns against Malaysia real estate promotion in Hong Kong
Vocal pressure group CAP has warned that a promotion drive by local developers to attract Hong Kong investors to buy properties in Malaysia in the wake of the political crisis in the island city could push house prices beyond the reach of ordinary citizens. “Encouraging foreigners to acquire properties here ... Read More

Interview with CM: State housing policy for affordable homes
Penang government has consistently monitored the housing affordability within the state and made amendments to the housing policies, which has become necessary as a result of feedback from people and developers. Find out how does the cross-subsidization of LC and LMC works to ensure adequate supply of housing for the lower and middle-income groups. FIND OUT ... Read More

SITE PROGRESS: The Zen (Sep 2019)
About The Zen A mixed development by Asia Green at Bayan Mutiara. It is located next to Tun Dr. Lim Chong Eu Expressway, just a short drive away from the ongoing Penang World City township development by Tropicana Ivory. This development comprises a 46-storey skyscraper with two residential towers, and shop ... Read More

16 strategic initiatives to drive growth under Penang 2030 vision
The Penang government has drawn up 16 strategic initiatives to attract investors and stakeholders to invest in the state in line with the Penang 2030 vision. According to Chief Minister Chow Kon Yeow (pic), the strategic initiatives would drive the state’s economic growth in a positive direction, apart from enhancing ... Read More

Interview with CM: Addressing housing affordability & diversity
Housing affordability and diversity are some of key focus in Penang Vision 2030. Several measures have been put in place to ensure the availability of affordable houses for B40 and M40 income group. Listen to what our CM has to say on response from developers and the challenges. FIND OUT ... Read More

Extra packages offered for low-cost units strictly optional
A Penang executive councillor said many buyers of the state’s low-cost homes have no issues over renovation and car park packages being offered by developers as they consider them to be convenient. However, State Housing Committee chairman Jagdeep Singh Deo said these packages offered by developers are strictly optional. Those ... Read More

MBPP plans to build underpass at Jalan Mt Erskine and Jalan Burma intersection
The Penang Island City Council (MBPP) is planning to build an underpass at the Jalan Mount Erskine and Jalan Burma intersection next year to tackle traffic woes. MBPP secretary Datuk Addnan Mohd Razali said the traffic flow at the Jalan Burma/Jalan Gottlieb/Jalan Bagan Jermal/Jalan Mount Erskine is now “messy during ... Read More
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- The discussion of this property is quiet after now. Any owner here please comment life...Ellen on Southbay Plaza
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- @Billionaire I think he's being sarcastic. He obviously stating all the false stuff. Maybe another...Hee Chan on Twin Star
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