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Property News

Siara 81

Siara 81

Siara 81 is located within the established township of Sungai Ara, Penang. This residential property development comprises 6 units 2-storey semi-detached and 75 units of terrace houses. Property Project : Siara 81 Location : Sungai Ara, Penang Property Type : 2-Storey Terrace & Semi-Detached Tenure : Freehold Total Units : ... Read More
minden2

Minden Residence

Minden Residence is located within the established township of Gelugor, Penang. This residential property development comprises 36 units 2-storey semi-detached houses. Each unit comes with practical design and layout with 3-bedrooms and 3-bathrooms. Property Project : Minden Residence Location : Gelugor, Penang Property Type : 2-Storey Semi-Detached Tenure : Freehold ... Read More
Tropicana Terrace @ Taman Bagan

Tropicana Terrace @ Taman Bagan

Tropicana Terrace is delightfully connected to everywhere you need to be and anything you want that's just the start of the benefits of being a part of the established township of taman bagan. Located within the established township of Taman Bagan in Butterworth, Penang. This residential property development comprises 108 ... Read More
Better response to gated home schemes

Better response to gated home schemes

RESIDENTS in Seberang Prai are now keen to buy houses in gated and guarded schemes (GGS) for better security, said Henry Butcher Malaysia senior manager Fook Tone Huat.He said more developers are now building GGS properties, as there is a growing demand for them.“House buyers do not mind paying extra ... Read More
Mah Sing Group Berhad receives Best Brand Award for third year running

Mah Sing Group Berhad receives Best Brand Award for third year running

Mah Sing’s Group Managing Director cum Group Chief Executive, Tan Sri Datuk Sri Leong Hoy Kum has been honoured with the prestigious Entrepreneur of the Year Award at the BrandLaureate Award 2010-2011 organized by the Asia Pacific Brands Foundation (APBF). At the same ceremony, Mah Sing Group Berhad was named ... Read More
LTV imposition not likely to have big impact on home loans growth

LTV imposition not likely to have big impact on home loans growth

PETALING JAYA: Bank Negara’s move last November to introduce a loan-to-value (LTV) ratio for third and subsequent house financing facilities will not hamper residential mortgage loans growth this year or even reduce residential property prices significantly.A local bank-backed analyst said residential home loans growth might see a slight slowdown as ... Read More
Don't over-borrow

Don't over-borrow

Although only two restrictions have been placed on borrowing for the purchase of a third or more homes and credit card eligibility, it does not mean that there won’t be more to come.In fact, consumers should be vigilant as Bank Negara is believed to be putting more intensive supervision on ... Read More
Malaysia to allocate land  for affordable homes

Malaysia to allocate land for affordable homes

THE government will allocate a portion of its landbank for the construction of affordable housing, especially for Malaysians eligible for the My First Home Scheme. Housing and Local Government Minister Datuk Chor Chee Heung said the affordable housing project, which will likely be stratified properties or apartments, will either be ... Read More
Nineten

Nineten

Nineten is part of Permai Village development located at Tanjung Bungah, Penang. It comprises 3-storey semi-detached house with a total 40 units. The semi-detached house come with 5+1 bedrooms and 5 bathrooms with a gross built-up area of 4,835 sq.ft. The land size of each 3-storey semi-detached house measuring from ... Read More
Association to build 5,000 high-rise units in Malay heritage areas

Association to build 5,000 high-rise units in Malay heritage areas

The Penang Malays Association (Pemenang) is planning to build 5,000 apartment units with a built-up area of not less than 1,000sq ft each in George Town.Its president Datuk Seri Mohd Yussof Latiff said the units would be built on 11.33ha of land, among others in Kampung Makam, Kampung Dodol, Jalan ... Read More