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Property News

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Moving Into a New Home

If you are looking for a brand new home – be it a condo, house, or holiday villa – you can find a lot of new home sales on property sites such as DDProperty. However, if you’re new to the property market or haven’t bought a new home before, the ... Read More
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Ivory in RM1.8bil Penang projects

The City Residence and The Wave to be main revenue contributors for the group IVORY Properties Group Bhd is carrying out RM1.8bil worth of projects on Penang island this year. This includes the first phase of Penang WorldCity (PWC) called Tropicana Bay Residences with a gross development value (GDV) of ... Read More
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Bayan Lepas LRT and PIL 1 are the top two priorities

The state government is in no rush to implement the RM27 billion Penang Transport Master Plan (PTMP) as it is a multi-stage project spanning a 15-year period, said local government and traffic management committee chairman Chow Kon Yeow. He said the implementation of the PTMP will be done in stages ... Read More
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Global luxury house prices moderated in 1Q2016

Global key cities’ prime residential prices have increased on average by 3.6% over the past 12 months to March 2016, compared with a 3.9% growth in the same period to 1Q2015, according to Knight Frank’s Prime Global Cities Index for 1Q2016. Knight Frank Residential Research partner Kate Everett-Allen said since ... Read More
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George Town Tram Line

The George Town World Heritage guideline states that the future developments shall not impact or demolish any part of the heritage buildings. In compliance with the heritage guideline, the tram line within World Heritage Site will be at-grade (on-ground) and feeds into the KOMTAR interchange station to seamlessly integrate with ... Read More
affordable-housing

A mismatch between demand and supply

We may be an aging society, but the fact is Malaysia’s population is made up of mainly the young. According to the Statistics Department, the largest age group in 2015 was those between the ages of 20 and 49 years. About 14.375 million, or 47%, of the about 30 million ... Read More
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First phase of Aspen Vision City to complete by 2019

The first phase of Aspen Vision City in Batu Kawan, Penang, will be completed by 2019. Aspen Group chief executive officer Datuk M. Murly said that the first phase comprised the Vervea which is a three to four- storey shop office project, the Columbia Asia Hospital, Ikea Store and Vertu ... Read More
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Penang Sky Cab

Sky Cab proposed alignment is 4.8 km long and connects the Sky Cab Station in Butterworth, Seberang Perai with Sky Cab Station (Bayan Lepas LRT) in Jelutong in Penang. The project is now in the feasibility study stage. Currently conducting Detailed Environmental Impact Analysis (DEIA). Feasibility Study expected to complete ... Read More
Vertu

50% of Vertu Resort’s condominium units taken-up

Aspen Vision City’s first residential development – Vertu Resort in mainland Penang, has seen 50% of its condominium units taken-up since its soft launch in February this year, according to Aspen Group. Vertu Resort is the second phase development in Aspen Vision City, a mega-scale, joint-venture development between Aspen Group ... Read More
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My First Home Convention – 28 May 2016

In collaboration with GM Training Academy, we are co-organizing "My First Home Convention" on 28 May 2016. This event is aimed at giving first time home buyers some guidance and pointers. Hence, the topics will be geared towards buying affordable properties below RM500,000. Participants will learn about: Steps in buying ... Read More