Property News
Hot Air Balloon Carnival @ Setia Fontaines (17 & 18 Nov)
Be the first to discover the new 1,675 acres mega township by S P Setia - Setia Fontaines, from 70ft above ground. Save the date and join the Hot Air Balloon Carnival at Setia Fontaines (Project site) on 17 & 18 November 2018. Event Date: 17 & 18 Nov 2018 ... Read More
Property Crowdfunding Explained – First home buyer
Want to know more about the peer-to-peer home financing scheme announced in Budget 2019? By using FundMyHome scheme as an example, here we have extracted the summaries of key points by Malay Mail below: What is it in a nutshell? Quite simply, FundMyHome allows a person to buy a home ... Read More
Proper studies needed on property crowdfunding
The government has good intentions in introducing the property crowdfunding initiative, the first such financial innovation in the world, but proper studies need to be carried out, said the Council of Eminent Persons chairman Tun Daim Zainuddin. He said the peer-to-peer (P2P) home financing initiative, announced by Finance Minister Lim ... Read More
Budget 2019: Not enough to kick-start’ subdued property market
The measures announced in Budget 2019 will not be enough to "kick-start" the already subdued property and housing market, said property experts. "The measures for the property sector are too small to affect the market in any way. The market is already subdued, already slow. Overall, I don't think there ... Read More
Own a home with just 20% of the house price
Homebuyers under the FundMyHome scheme not only has the opportunity to own a home at only 20% of the house price but could also tap the robust property market to enjoy investment return, said The Edge Group Chairman Datuk Tong Kooi Ong. The innovative and inclusive homeownership scheme developed by ... Read More
Budget 2019: Property crowdfunding platforms for first-time home buyers
The government will allow the setting-up of property crowdfunding platforms which will serve as an alternative source of financing for first time homebuyers, said Finance Minister Lim Guan Eng yesterday. The first exchange is expected to go live in the first quarter of 2019, after all necessary approvals are obtained ... Read More
Budget 2019: No mention was made for Penang International Airport and LRT
Penang will have to wait a little longer to know whether the state will get federal allocations for its projects. A check on the 2019 Estimated Federal Expenditure of several ministries at www.treasury.gov.my after Finance Minister Lim Guan Eng tabled the budget yesterday shows no mention of specific development funds ... Read More
Budget 2019: What’s in it for housing?
Below are Budget 2019 highlights for housing: 1. RM1.5bil to build and complete affordable homes under the People’s Housing Programme, Civil Servants Housing Project, PR1MA, and Syarikat Perumahan Nasional Bhd. 2. RM1bil fund to be set up by the Central Bank of Malaysia (BNM) for those earning under RM2,300 per ... Read More
Runnymede Group signs MOU with Ritz-Carlton for Seafront Hotel & Residence
Niche property developer Runnymede Group of Companies (Runnymede Group) has signed a landmark MOU with Ritz-Carlton, the famed luxury and lifestyle hotel and resort brand, for the management of a luxury hotel and residency units within the Runnymede Place development in Penang, Malaysia. This nearly five-acre seafront development is located ... Read More
Mah Sing’s Southbay Sales Gallery presents a new look
Mah Sing Group Berhad (Mah Sing) celebrated the opening of its Southbay Sales Gallery at Batu Maung after closing down the lobby and outdoor landscape for renovation a month ago. The opening celebration kicked off with a ribbon cutting ceremony and lion dance performance to usher in good luck and ... Read More
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OTHER DEVELOPMENTS
- Affordable Housing (Penang Island)
- Butterworth Arena
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- GBS @ The Waterfront
- GBS by The Sea
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- IKEA Batu Kawan
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- 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
