Property News


Bukit Kukus paired road to continue, expected to complete by mid 2020

The stop-work order for Yuta Maju Sdn Bhd, the contractor for the RM545.6mil Jalan Bukit Kukus paired roads project, has been lifted by the Department of Safety and Occupational Health (DOSH). In view of this, the Penang Island City Council ... Read More

Own Your Dream Home at Botanica.CT

Looking to buy a freehold property on Penang Island? Look no further than Botanica.CT’s semi-detached and bungalows. They are semi-furnished with CCC obtained. Key features include partly fitted, freehold and individual title, guarded by auxiliary police etc. MTT Properties will ... Read More

Who to blame for property glut?

The glut in homes priced below RM300,000 is due to their “wrong” locations, reiterates the National House Buyers’ Association (HBA). In response to calls made by the Penang Real Estate and Housing Developers’ Association (Rehda) for urgent measures to be ... Read More

BNM Fund for Affodable Homes and Rumahku Portal

The Real Estate and Housing developers’ Association (Rehda) is optimistic that the newly launched Affordable Homes and Rumahku Portal fund by Bank Negara (BNM) will help boost home ownership within the country. REHDA president Datuk Soam Heng Choon said the ... Read More

Non-Penangites can now buy affordable units in Penang

Non-Penangites will now be able to buy affordable housing units here in a move by the state government to address the overhang situation. State Housing, Town, Country Planning and Local Government Committee chairman Jagdeep Singh Deo said affordable units that ... Read More

Chinese New Year Property Open House & Roadshow

Gong Xi Fa Cai! May the New Year brings you joy, happiness and good health always! Celebrate this Year of Earth Pig by visiting these open house organised by developers. Enjoy the refreshments, lion dances, kids activities, lucky draw ang ... Read More

Jelutong landfill to be converted into prime property development

Believe it or not, the Jelutong landfill is set to be Penang’s latest “real estate goldmine”, with a potential to generate a bonanza of at least RM1bil to the state this year. In land-scarce Penang island, development of the landfill ... Read More

IKEA FAMILY roadshow and CNY treats in Penang

Swedish home furnishing retailer IKEA is set to spread cheers leading up its store opening in Batu Kawan on 14 March 2019. Located at Bandar Cassia, this first IKEA store in the northern region is set to offer over 8,000 ... Read More

Penang Property Outlook 2019

It was another slow year for Penang housing market in 2018 with no significant improvement in market sentiment. While the data published by NAPIC indicated a slight increase of 4% in residential property transaction volume, the average transacted price for ... Read More

Penang Property Sale – Your property marketplace

PenangPropertySale.com, a property listing portal in Penang has been available for all home owners, landlords and property agents for more than a year!! If you have missed our previous announcement, check out the website NOW ! Penang Property Sale is a ... Read More