Malaysia’s central bank has a response to those saying it needs to do more to spur home loans: houses simply aren’t affordable. Bank Negara Malaysia has created a website packed with data aimed at debunking the “myth” that access to financing was deterring home ownership, showing that loan approvals for ... Read More

M Vista @ Southbay, is an upcoming project by Mah Sing Group, part of the company’s Southbay township development at Batu Maung. It is located just a stone’s throw away from Free Trade Zone, less than 5 minutes drive to Penang Second Bridge. Stay tuned for the launching of this 237-unit serviced ... Read More

Penang government will go ahead with its plan to build dormitories for foreign workers at five identified locations despite objection by the local residents. State Housing, Town and Country Planning Committee chairman Jagdeep Singh Deo said the Penang government was going ahead with its plan to build dormitories for foreign ... Read More

Housing prices will definitely not go down as elements of property development such as land cost and development charges keep increasing, said a group of panellists. “Property prices will definitely go up. We have asked various parties to help bring prices down. So, this is one of the challenges we ... Read More

Co-working is a global movement to create innovative, collaborative and community driven workspaces that move beyond traditional work environments. Stop working alone – work for yourself, not by yourself. In recent years, co-working space has been emerging as a new trend in Asia. This is supported by the rapid increase ... Read More

Mira Residence, a fully furnished residence by BSG Property, situated in the self-contained township of Permai Village. It comprises 322 residences in twin elegant high-rise towers with 4-tier security. Each unit will come with 4 car parking bays. Now, new buyers can enjoy an exclusive reward of a 6D4N trip ... Read More

Most developers are pessimistic on future sales performance, with 76% out of 153 respondents anticipating that their sales will be below 50% in 2H2017 and 1H2018, according to a survey by the Real Estate Housing Developers Association (Rehda) titled “Property industry survey 1H17 and market outlook for 2H17/1H18” in Peninsula ... Read More

Eastern & Oriental Bhd expects a strong financial performance this year from the ongoing sale of its properties and the planned disposal of several major non-core assets. The property developer has RM840.6mil in unbilled sales, which will be recognised progressively over the next two years. It has also identified seven ... Read More

Wanted to stay near IKEA? You have a few options with price starting from RM72,500 onwards. With Suria @ Hijau E-Komuniti affordable units now open for public (open market), you can now grab a 1,000 sq.ft. unit for less than half the price of a similar size in Vertu Resort ... Read More

Work on the Suria 1 affordable housing project in Bandar Cassia, Batu Kawan, comprising 520 units by the Penang government has been completed. The project, which comprises three blocks of medium and low medium-cost units, is the first phase of the 25-stage plan to build 11,800 residential units and 200 ... Read More