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Property News

penang-property

House prices will not come down, but sizes will

Housing prices will definitely not go down as elements of property development such as land cost and development charges keep increasing, said a group of panellists. “Property prices will definitely go up. We have asked various parties to help bring prices down. So, this is one of the challenges we ... Read More
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Co-working space has reached Penang

Co-working is a global movement to create innovative, collaborative and community driven workspaces that move beyond traditional work environments. Stop working alone – work for yourself, not by yourself. In recent years, co-working space has been emerging as a new trend in Asia. This is supported by the rapid increase ... Read More
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Mira Residence – Free 6D4N Melbourne Trip

Mira Residence, a fully furnished residence by BSG Property, situated in the self-contained township of Permai Village. It comprises 322 residences in twin elegant high-rise towers with 4-tier security. Each unit will come with 4 car parking bays. Now, new buyers can enjoy an exclusive reward of a 6D4N trip ... Read More
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Most developers harbour pessimistic sales outlook

Most developers are pessimistic on future sales performance, with 76% out of 153 respondents anticipating that their sales will be below 50% in 2H2017 and 1H2018, according to a survey by the Real Estate Housing Developers Association (Rehda) titled “Property industry survey 1H17 and market outlook for 2H17/1H18” in Peninsula ... Read More
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E&O targets to launch STP 2A in early 2019

Eastern & Oriental Bhd expects a strong financial performance this year from the ongoing sale of its properties and the planned disposal of several major non-core assets. The property developer has RM840.6mil in unbilled sales, which will be recognised progressively over the next two years. It has also identified seven ... Read More
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Vertu Resort vs Suria @ Hijau E-Komuniti

Wanted to stay near IKEA? You have a few options with price starting from RM72,500 onwards. With Suria @ Hijau E-Komuniti affordable units now open for public (open market), you can now grab a 1,000 sq.ft. unit for less than half the price of a similar size in Vertu Resort ... Read More
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RM220K affordable state housing at Batu Kawan only 25% sold

Work on the Suria 1 affordable housing project in Bandar Cassia, Batu Kawan, comprising 520 units by the Penang government has been completed. The project, which comprises three blocks of medium and low medium-cost units, is the first phase of the 25-stage plan to build 11,800 residential units and 200 ... Read More
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Landmark RM10bil development taking shape

The first phase of the RM10bil Aspen Vision City in Batu Kawan is scheduled for completion at the end of next year. The first phase comprises an Ikea store, Columbia Asia Medical Centre and Vervea, a commercial project. Aspen (Group) Holdings Ltd president and chief executive officer Datuk M. Murly ... Read More
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How To make RM20,000 to RM60,000 A Year in Property Investment, without having to sell it

Article by Freemind Works To own our own home is viewed by society as one of the key milestones of being successful. Hence, we will almost always buy a property for our own stay first. However, with the rising home prices and the fact that our salary or income is still ... Read More
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New Thean Teik Highway – Lebuh Bukit Jambul link ahead of schedule

Work on Jalan Bukit Kukus, the alternative road linking Lebuhraya Thean Teik in Bandar Baru Air Itam to Lebuh Bukit Jambul in Penang is progressing slightly ahead of schedule. The project, which began on Jan 15 last year, is slated to be completed on Jan 14, 2019. Penang Island City ... Read More