Property News

Booming secondary housing market
Despite market softening, the secondary housing market still offers the best value in terms of price and value. Malaysian Institute of Estate Agents (MIEA) past president and chief trainer K. Soma Sundram said the secondary market would continue to move the real estate business this year. “Many don’t realise this ... Read More

A Must Know in Real Estate
GM Training Academy are collaborating with MIEA Penang to organize training for real estate agents. The trainers (Richard Oon, Chris Tan, Elane Goh and Miichael Yeoh) are well known in their respective field with an average of 15 years experience. Currently this is waiting for the Board of Valuer to approve ... Read More

Local Plans for Penang Island, Seberang Prai to be finalised by 2017
The Local Plans (LP) for districts on Penang Island and Seberang Prai are expected to be finalised and gazetted by 2017 according to Penang Housing, Town and Country Planning Committee chairman Jagdeep Singh (pix). He said the only outstanding Special Area Plan (SAP) left was the Botanical Gardens SAP which ... Read More

Property outlook to remain subdued as lending stays tight
Property developers are expected to register another year of slow performance in 2017 amid a lack of catalysts for the segment, as cooling measures introduced by the central bank to rein in speculation continue to be the main hurdle for property companies. Kenanga Investment Bank Bhd analyst Sarah Lim said ... Read More

Busloads of visitors turn holidays into a nightmare for the neighbours
The year-end holiday season has turned into an unpleasant time for a family in Batu Maung - their neighbour operates a homestay and receives busloads of visitors at odd hours of the day. Housewife Idah, 53, said that in a span of 10 days, four busloads of people arrived at ... Read More

Attractive deals to help buyers
Tambun Indah Land Berhad has made its mark in thriving southern Seberang Prai in Penang with its flagship township of Pearl City. Designed to foster communal living, the 1,140-acre integrated undertaking in Simpang Ampat is optimally situated near the Bukit Tambun North-South Highway interchange and the second Penang Bridge. The ... Read More

SP Setia acquires land in Penang from Boustead Plantations Bhd (BPB)
SP Setia Bhd is acquiring five parcels of land measuring a total of 677.8ha in Seberang Perai Utara, Penang from Boustead Plantations Bhd (BPB) for RM620.12 million in cash. In a filing with Bursa Malaysia today, S P Setia said its wholly-owned subsidiary Setia Recreation Sdn Bhd had entered into ... Read More

Century-old Penang market to get RM5m facelift
The Campbell Street market will undergo a major upgrade next year to give it a new lease of life. The century-old market, located at the junction of Campbell Street and Carnavon Street, has experienced a drop in business in recent years as the building’s structure deteriorated over the years. After ... Read More

Christmas Wonderland at Eco Meadows
Eco World Development Group Berhad [EW Berhad or EcoWorld] celebrated the most wonderful time of the year at its EcoWorld Gallery @ Eco Meadows with a special runway collection of bridal gowns in conjunction with the Group’s on-going Let Love Snow Christmas celebrations. The fashion parade was set up by ... Read More

Rainbow Skywalk opening tomorrow (18 Dec 2016)
Assumptions that the world is flat and people would fall over the edge if they went to the end of the horizon disappeared over 3,500 years ago because that non-existent edge gets farther as people climbed higher. Stand at sea level and your horizon is 4.7km away. But on Level ... Read More
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- It will be years of hell during construction. Surely the bypass should be used to...Putra on Sungai Dua–Juru elevated highway project set for November groundbreaking
- @andrew Bro, your mouth smell like chibai. ...logan on Mezzo @ The Light City
- @Minion Then? Full stop already? Share us how you measure it. In Penang, condo is...millionaire on 80% of Gen Z Malaysians opt for high-rise living
- @andrew At least better than Mezzo. Please la switch it off.. ...millionaire on Mezzo @ The Light City
- @millionaire this is not how you measure the price of landed property compare to condo....Minion on 80% of Gen Z Malaysians opt for high-rise living
- @millionaire Quaywest & COD? Please, they really look like some pariah indian disco!!! ...andrew on Mezzo @ The Light City
- @Minion My affordability is low & no money or downpayment. That's why end up in...Wilson Ooi on 80% of Gen Z Malaysians opt for high-rise living
- @rojak Yes. Exactly. Condo is very expensive. Small & high price psf. Even westin &...millionaire on 80% of Gen Z Malaysians opt for high-rise living
- @Islander It's true lah bro. Let's compare high-end at Tanjung Tokong, E&O's latest landed homes...rojak on 80% of Gen Z Malaysians opt for high-rise living
- @ck Where eye sore? Quaywest & Cod are well design & really amazing to see...millionaire on Mezzo @ The Light City
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- Affordable Housing (Penang Island)
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