Property News

New landmark for Batu Kawan
Aloft Hotel, the first international class hotel in Batu Kawan, will be opened at Aspen Vision City here. Aspen Group president Datuk M. Murly and Marriott International Inc Hotel Development, Asia Pacific senior vice-president Kevin Chen signed the agreement to build the 308-room hotel in the mainland province of the ... Read More

Stamp Duty Exemption for homes priced up to RM2.5mil
The government has announced several new incentives for the housing market in a bid to address the issue of unsold homes, including at least 10% discount for properties bought during the Home Ownership Campaign (HOC). Finance Minister Lim Guan Eng said for homes priced up to RM2.5 million, the stamp ... Read More

CNY Open House @ Asia Green Main Office (10 Feb)
Asia Green is delighted to invite you to their Chinese New Year Open House happening on 10th February 2019 (Sunday) from 10.00am to 4.00pm at 36A, Jalan Sultan Ahmad Shah, 10050, Georgetown, Penang. Join the open house for a day of fun activities, special “ANG POWs worth up to RM38,888 discount*! ... Read More

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 has also lifted its stop-work order from Monday. The city ... 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 be having a roadshow from 7th - 10th Feb 2019 ... 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 taken to alleviate the current property glut, especially residential properties ... 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 fund had a low interest rate and would be especially ... 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 fall under the open market category would be up for ... 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 pao, CNY gifts and live performances while searching for your ... 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 is wonderful news and the state government will be raking ... Read More
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