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Property News

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EVENT: Balik Pulau – The Hidden GEM

GM Training is organizing a study tour and talk in Balik Pulau. You are invited to attend and learn more about Balik Pulau. Special Highlights for the day Study Tour of Balik Pulau with Miichael and Master Marinah (by bus) Talks by Miichael and Master Marinah. Learn from Miichael why buy ... Read More
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RM4bil in projects lined up for Penang this year

Kuala Lumpur and Penang-based property developers are undertaking fresh projects with a gross development value (GDV) of RM4.04bil in Penang this year to ensure variety in the market. Eco World Development Group Bhd (with a GDV of RM280mil), Mah Sing Group Bhd (GDV of RM651mil), Ideal Property Development Sdn Bhd (GDV ... Read More
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Hedge against inflation before property market picks up again

Property hunters should take advantage of the low bank interest rates to buy properties now as a hedge against inflation. Eco World (North) general manager Khoo Teck Chong said the current rates were among the lowest in the history of housing loans in the country. “This should spur buying which ... Read More
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Eco Bloom is set for launch soon

Eco World Development Group Bhd’s exciting Eco Bloom is set for launch soon, and the StarProperty.my Fair 2016 in Penang is the best time to register your interest. Those who sign up during the event from Thursday to Sunday will get priority privileges likefirst choice of units in the mixed ... Read More
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Property market still slow and outlook seems uncertain

The current slowdown in the property market doesn’t look like it will pick up anytime soon. In fact, the outlook seems rather uncertain for the Malaysian property industry. “If the economy continues to be gloomy, the property market will likely be slow and soft,” Valuation and Property Services Department (JPPH) ... Read More
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All About Penang Properties in ONE Website

Started in 2010 with only one objective - To provide quality, accurate and up-to-date information to any readers who are keen on property news and new projects in Penang. After 6 years, Penang Property Talk is no longer only a blog but also one of the most popular property news portal ... Read More
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Interest rates on housing loans likely to be lowered

Interest rates on housing loans offered by some banks will likely be adjusted lower in the coming weeks in tandem with the 25 basis points (bps) cut in the overnight policy rate (OPR). Analysts said while banks in Malaysia were expected to revise their base rates (BR), which are the ... Read More
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Luminari – A New Pulse of Butterworth

An address that speaks for itself, Luminari which brings the meaning of lighting lamp is positioned to become an iconic landmark that brightens up a prospective future for Harbour Place, Penang. Strategically located close to eminent landmarks such as Butterworth Ferry Terminal and well connected to major access routes namely ... Read More
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Penang state govt mulls rent control to ensure reasonable rental rates

Concern over rising rent in the George Town Heritage Zone has prompted the Penang government to consider reimposing rent controls like the repealed Rent Control Act 1966. Chief Minister said this was to ensure the Unesco recognised site was not adversely affected by gentrification. He was quick to add his ... Read More
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Homestays, a booming business

Homestays, once popular in rural areas, have now become big businesses in towns and cities nationwide. Thousands of homeowners have discovered how to make money with their properties and avoid paying taxes. They have joined global home-sharing marketplaces, and just like how Uber has made life for government-regulated taxi drivers ... Read More