Property News
More JVs from STP2 development off Tanjung Tokong
The Seri Tanjung Pinang Phase 2A (STP2A) development and the reclamation of STP2B and STP2C will provide Eastern & Oriental Bhd (E&O) with future launches for the next 15 years and beyond. E&0 said reclamation works on STP2A, a massive property development off Tanjung Tokong in Penang island, are almost ... Read More
Over 20,000 swarm Penang IKEA on opening day
Up to 20,000 people thronged IKEA Batu Kawan on its first day of operations, yesterday. Excited patrons from across northern Peninsular Malaysia made their way through the 470,146 square foot store and explored its 49 different showrooms. During their visit, customers also tucked into IKEA’s iconic cafeteria fare – according ... Read More
Penang’s Sia Boey to be transformed into an urban park
Penang residents will get to enjoy a 2.62-acre worth of public green space in the middle of the city in six months. “We don’t have a proper park in George Town and this space is perfect for a park, for people to rest, go for walks and enjoy the greenery,” ... Read More
Viluxe Exclusive Registration
The first and only FREEHOLD 2-Storey Premium Terrace in Batu Kawan, near to IKEA Batu Kawan and fronting the 25-acre Central Island Park. LIMITED UNITS with price starting from RM750,000 Only! Viluxe Exclusive Registration on 9th March 2019, 11am to 7pm at Aspen Vision City Sales Gallery, Batu Kawan, Penang ... Read More
Latest about Penang Airport and pending approvals for PSR and PTMP
Building an airport on one of Penang’s three man-made islands off the southern coast of the state will keep the airport within the state, Chow Kon Yeow said. The Penang chief minister said the administration wanted to keep the airport on the island instead of moving it elsewhere. “It is ... Read More
You are invited to the opening of IKEA Batu Kawan!
With eight days away from the opening of IKEA Batu Kawan, the Swedish home furnishing retailer is fueling even more excitement with a slew of in-store activities and unbeatable promotions for its opening weekends. Promising a great day out for the entire family, the retailer is inviting everyone to the ... Read More
MIEA: Extend HOC 2019 to secondary market please
The Malaysian Institute of Estate Agents (MIEA) has urged the government to extend the incentives offered during the Home Ownership Campaign (HOC) to first-time home buyers looking to buy from the secondary market. “MIEA is very appreciative of the fact that the Finance Ministry has introduced new programmes to stimulate ... Read More
Penang turns to rent-to-own schemes to clear long waiting list for public housing
Penang state government will turn some of its low cost housing units into rent-to-own schemes and offer it to those who applied for people’s housing project (PPR) units. Penang state exco Jagdeep Singh Deo said the shortage of PPR units in the state meant the administration had to look for ... Read More
Summary of incentives for homebuyers
For most Malaysians, buying a house is tough. A high upfront payment coupled with a life-long mortgage commitment can be daunting, so it makes sense to take any help you can get to lower the cost of owning a home. Besides the many freebies and promotional packages that property developers ... Read More
Redefining condo living in Prai
GEMSTONES are a reflection of luxury and elegance. Rare and valuable, they sparkle and entice and have remained the desire of many since time immemorial. All these attributes and more are found in the architectural jewel that is GEM, a prestigious mixed development by the reputable Belleview Group. Located in ... Read More
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