Property News
No firm decision yet on public transport mode for PTMP
The Penang State Government is still looking at various options on the mode of public transport deemed the most suitable for the Penang Transport Master Plan (PTMP). Chief Minister Chow Kon Yeow (pictured) said the state government has yet to decide which mode would be most suitable, be it light ... Read More
What is HOC?
The National Home Ownership Campaign (HOC) initiated by the government to promote home ownership in Malaysia. The campaign is expected to run until 31 December 2019. During this period, home buyers will enjoy stamp duties exemptions on Sale & Purchase Agreement (SPA) and Loan Agreement. A minimum of 10% discount from the ... Read More
GBS@Mahsuri to replace BPO Prime
The Penang Development Corporation (PDC) has commenced the construction of a building to cater to the current demand for office and work spaces after the proposed RM1.3 billion Business Process Outsourcing Prime (BPO Prime) project has been shelved. Penang Chief Minister Chow Kon Yeow said the smaller project would be ... Read More
Affordable Homes, Primary & Secondary Market Expo
Now that the HOC has received the nod to extend its campaign and seamless benefits until the end of December by many, make your way down to the Affordable Homes, Primary & Secondary Market at the PECC (Sunway Carnival Mall Level 4) on the 23rd to the 25th August 2019 ... Read More
Owners of The Rise @ S.P Chelliah will receive their keys soon
A total of 2,093 buyers of The Rise affordable housing near S.P Chelliah Road here will soon receive their keys as final clean-up work is being carried out by the developer, Zubicon Sdn. Bhd. Housing, Town and Country Planning and Local Government Committee chairman, Jagdeep Singh Deo, when informed of ... Read More
Short-term property rentals on the rise in Penang
The number of stratified residential properties offering short-term home-sharing or rentals seem to be rising in Penang even though the practice is deemed illegal by the Penang Island City Council (MBPP). Interviews with several Airbnb operators showed even developers with unsold units would furnish them and rent them out for ... Read More
Five rent-to-own projects in Penang for the needy
Penang’s rent-to-own (RTO) housing units that have been rolled out to assist the hardcore poor involve a total of five projects in the state so far. State Local Government, Housing, Town and Country Planning Committee chairman Jagdeep Singh Deo said four projects are on the mainland while another is on ... Read More
SITE PROGRESS: City of Dreams (Aug 2019)
About City of Dreams A freehold luxury lifestyle development at Seri Tanjung Pinang. The residential units come with size ranging from 1,000 sq.ft. onwards, with a well equipped kitchen accessories. Resident can also enjoy a wide range of luxury facilities such as private lift, private lobby, yacht services, Rolls Royce limousine, private ... Read More
Iconic Vue is 98% sold and completing soon
During a recent visit to Iconic Vue affordable housing project, Jagdeep commended the developer, Iconic Group, for building the 100 percent Type C affordable homes, costing RM300,000 onwards for each unit. He said the location of the project is strategic as Batu Ferringhi is not only famous in Penang and Malaysia ... Read More
20% of PSR land set for affordable homes
The Penang government has agreed to reserve 20% of land from the proposed Penang South Reclamation (PSR) project for affordable homes, says state Local Government, Housing, Town and Country Planning chairman Jagdeep Singh Deo. He said he had insisted for that reservation in order to have an adequate supply of ... Read More
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- Ryu : @Minion Developer is not purchasing it at premium price. This is an...Gemini on Merione Residences
- @Minion Developer is not purchasing it at premium price. This is an exchanging deal with...Ryu on Merione Residences
- Ryu : @Minion No related to work hard or not. Even through is affordable...Minion on Merione Residences
- @Ryu Developers are all born greedy, not surprising. But when state government not regulating them...SIA-Pilot on Merione Residences
- @BTW I think this is not affordable unit, just a regular condo project. For this...chuah on Sejahtera 113
- 20 over years talk for Penang LRT to start. I believe it will take more...BTW on Butterworth KTM Station set for major upgrade under RM30mil MOT plan
- huh. now the base price for affordable units are more than 400k? ...BTW on Sejahtera 113
- Ryu : Where is the affordable house plan of The light city? Nothing to...Gemini on Merione Residences
- @Minion No related to work hard or not. Even through is affordable house we still...Ryu on Merione Residences
- Ryu : Where is the affordable house plan of The light city? Nothing to...Minion on Merione Residences
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OTHER DEVELOPMENTS
- Affordable Housing (Penang Island)
- Butterworth Arena
- Columbia Asia Medical Centre
- Eco-Tourism Hub @ Batu Kawan
- Escape Penang – Eco Theme Park
- GBS @ The Waterfront
- GBS by The Sea
- Gurney Wharf
- IKEA Batu Kawan
- Island Medical CIty
- Kobay Jelutong
- Lin Xiang Xiong Art Gallery
- Linear Waterfront
- Mitsui Outlet Park @ PIA
- One Auto Hub @ Batu Kawan
- Penang Arts District
- Penang Eastern Seafront Development
- Penang Medical & Digital Technology Hub
- Penang Premium Outlets (Design Village)
- Penang Sentral
- Penang South Islands
- Penang Transport Master Plan
- Penang Waterfront Convention Centre
- Penang World City
- PIA Expansion
- Silicon Island
- Teluk Bahang Wellness Resort
- The Ship Campus (ALC College)
- The Top @ Komtar
- Wellness City of Dreams
