Just how much more development can Penang take, concerned observers ask
In the first two parts, we had looked at development practices and the open space policy in the Klang Valley area, where demand for new properties is making land even more scarce. Today, we look at the issue of determining the limits to development, and in Penang island's case, how ... Read More
Penang’s controversial high density policy not here to stay, says exco
Penang’s controversial high density housing policy may be removed in future once the state has enough affordable homes, said state executive councillor Chow Kon Yeow. The local government and traffic management committee chairman said the policy, which allows developers to build more units per acre, will end once there is ... Read More
Penang International Property Expo 2015
As you are already aware, Penang International Property Exposition in conjunction with Penang International Property Summit will be held in the Subterranean Penang International Convention and Exhibition Centre (SPICE) starting tomorrow for 3 days. Here are a list of developers who will be show casing some of their latest projects ... Read More
Penang International Property Summit 2015
The inaugural Penang International Property Summit, and an international property exposition to be held at the Subterranean Penang International Convention and Exhibition Centre (SPICE) this weekend, is expected to attract over 30,000 potential house-buyers. The summit, themed," Managing Future Trends and Challenges" is from Jan 9-10 and the property exhibition ... Read More
Shoplots to make way for new project
About 40 business premises and some residential homes along Jalan Bayan Lepas will soon have to make way for an overhead road project connecting Pekan Bayan Lepas to Teluk Kumbar. State Works, Utilities and Transportation Committee chairman Lim Hock Seng said the RM207mil Federal project would also affect the Bayan ... Read More
Penang property sector braces for rush as GST looms
The real estate sector in Penang is bracing for a surge in property purchases in the first quarter of this year, as house buyers rush to beat the implementation of the Goods and Services Tax (GST) on April 1. Michael Geh, advisor of the Penang Property Summit 2015, said the ... Read More
Malaysia among top 5 best places to retire
Malaysia has been voted among the top 5 best places to retire based on the Annual Global Retirement Index for 2014 by International Living. The index was compiled using input by International Living’s team of correspondents based in various cities and countries around the world, combining real-world data about climate, ... Read More
New Reference Rate Framework – Effective 02 Jan 2015
Effective 2 Jan 2015, the Base Rate will replace the Base Lending Rate (BLR) as the main reference rate for new retail floating rate loans. Since the introduction of the BLR framework in 1983, the BLR has served as the main reference rate on retail floating rate loans in Malaysia ... Read More
Challenging times in Penang
The Penang property sector is expected to see some challenges going forward. Real Estate and Housing Developers’ Association (Rehda, Penang) chairman Datuk Jerry Chan expects another 30% decline in property transactions in 2015 from the 30% drop recorded in 2014. Chan says: “We expect to see little or no appreciation ... Read More
Top 3 Most Active Projects of 2014
Wishing you happy holiday and a prosperous 2015! With your continued support and contribution, PenangPropertyTalk.com has grown by 20% and attracted about 1.2 million visits in 2014. While we are excited to publish more projects in 2015, let’s look back at the top 3 most viewed developments that was posted in ... Read More
Weekly Newsletter
Latest Projects
TODAY'S MOST READ
RECENT COMMENTS
- Groundbreaking at Jan 2020, and 5 years later still no progress, and their internal keep...Chlow on Grace Harmony
- @Krie The Zen & Zen6 little bit much better than those project as managed by...AG Zen on Penang optimistic about achieving target to build 220,000 affordable homes by 2030
- @wake up They are human, buy please buy house at their home town ya. ...Banu on AFFORDABLE: Pantai Jerjak / PDC Properties Sdn. Bhd.
- @MajorArches One foresta/Forestville another doomsday. Upcoming is Ideal Residency/Ideal Venice and the Havana/Maldives. They are...Krie on Penang optimistic about achieving target to build 220,000 affordable homes by 2030
- @MajorArches One foresta/Forestville another doomsday. Upcoming is Ideal Residency/Ideal Venice and the Havana/Maldives. They are...Krie on Penang optimistic about achieving target to build 220,000 affordable homes by 2030
- @Krie Luckily I bought Quaywest. At least we don't see such problem & full privacy...Western &Eastern on Penang optimistic about achieving target to build 220,000 affordable homes by 2030
- @Krie The light city few projects suffered same fate. Waterside residence having water leakage issue...Chris on Penang optimistic about achieving target to build 220,000 affordable homes by 2030
- @Krie One example was their I Santori already, proven there what happened. ...MajorArches on Penang optimistic about achieving target to build 220,000 affordable homes by 2030
- @Krie 100% agree with you on this. Quality wise already know about it. High density...MajorArches on Penang optimistic about achieving target to build 220,000 affordable homes by 2030
- Minion : got a good deal of Arica at RM1.1M Since this a serviced...Anon on Arica @ Andaman
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Latest Property News
OTHER DEVELOPMENTS
- Affordable Housing (Penang Island)
- Butterworth Arena
- Columbia Asia Medical Centre
- Eco-Tourism Hub @ Batu Kawan
- Escape Penang – Eco Theme Park
- GBS @ The Waterfront
- GBS by The Sea
- Gurney Wharf
- IKEA Batu Kawan
- Island Medical CIty
- 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