Property News
Top 10 most popular projects in 2017
The most viewed project of 2017, according to Google Analytics data (up until 27/12/2017), is the review of Novus condominum at Sungai Nibong. This project is no doubt the most popular project in 2017 and has been sold out. In second place is The Tamarind executive apartment by E&O Property ... Read More
Slight improvemet in industrial property
Despite the prevailing economic uncertainties, industrial property sales in Malaysia are expected to increase at a moderate pace next year, while the increase in value of transactions is projected to stay at a low single-digit percentage. According to Raine & Horne Malaysia senior partner Michael Geh, the projection was based ... Read More
Applications for MyDeposit 2018 opens today
The applications for the First House Deposit Financing Scheme or MyDeposit for next year will be opened from tomorrow (Dec 15) until Feb 15, 2018. Deputy Urban Wellbeing, Housing and Local Government Minister Datuk Halimah Mohamed Sadique said the public could register online at https://sprn.kpkt.gov.my. "At the tabling of the 2018 ... Read More
George Town among cheapest cities for expats in Asia
George Town in Penang and Johor Bahru in Johor were identified as some of the cheapest locations for expatriates in Asia, according to research by ECA International. The two cities join Mongolia’s capital Ulaanbaatar, Yangon (Myanmar) and Karachi (Pakistan) as some of the region’s most affordable cities. Meanwhile, Kuala Lumpur ... Read More
No bubble in property sector
Some global property markets are overheated at the moment, but Malaysia certainly is not in the bubble territory. In those markets that are overheated, home prices are rising faster than salaries amid slow demand. There is also rising interest rates, and shaky loans become the norm. These are probably the ... Read More
Discover Balik Pulau
GM Training Academy will be organizing “Discover Balik Pulau”, a holiday event at Botanica Mansion on 16th December 2017. Event highlights: Discover Balik Pulau Tour Balik Pulau talk by Miichael Yeoh Botanica Mansion heritage tour Kids Coloring contest (Please bring you own coloring set) Goats Farm and many more At ... Read More
Penang has its own unique demand, pricing and prospects
Penang-based property developer Asas Dunia Bhd said the Government’s blanket freeze on properties worth RM1mil and above is not the solution to the rising unsold properties in the country. Its managing director Datuk Jerry Chan said: “A blanket freeze is not practical as each location, either within a city or ... Read More
Penang airport expansion to provide for 12mil passengers
The capacity of Penang International Airport (PIA) will expand by almost 100% from 6.5 million passengers to 12 million, said Chief Minister Lim Guan Eng. He said this was according to a written reply by Transport Minister Datuk Seri Liow Tiong Lai to him in Parliament. The reply on Monday ... Read More
Is the freeze on high-rise residences above RM1m warranted?
by Previndran Singhe I must applaud the Malaysian government’s responsiveness in trying to manage the perceived property bubble, with specific focus on the residential luxury market. When we were in university, we were told that a property bubble is usually preceded with what one calls an euphoria of buying, demand ... Read More
Indefinite freeze on luxury properties
The government today announced an indefinite freeze on the development of luxury properties worth more than RM1 million per unit. The freeze, according to Second Finance Minister Johari Abdul Ghani, had come into effect since Nov 1. He said Cabinet had recently scrutinised a detailed central bank report published in ... Read More
Weekly Newsletter
Latest Projects
TODAY'S MOST READ
RECENT COMMENTS
- My niece just rent a gurney view super tiny unit at the meg for RM1800,...Fion on No bidders for RM313.6 million Gurney Drive land auction
- @Eric Q4 1 Office tower 1 Marriott 5 Star Hotel 1 Super condo (5000sqf++ &...Wilson on Marriott Residences Queens Waterfront
- Is Marriott Residences Queens Waterfront a part of Q4? I am quite confused about it...Eric on Marriott Residences Queens Waterfront
- @Jun Which project? Don't simply judge by cover. Gurney is a super prime location &...Hemsley on No bidders for RM313.6 million Gurney Drive land auction
- last week already start work already ...SIM LI on The Cube
- Many buyers of expensive condos (RM900-1000 psf) a few years ago who are starting to...Jun on No bidders for RM313.6 million Gurney Drive land auction
- No road expansion planning for super congested area like Relau, Tanjung Tokong etc? ...ssspring on 7 Penang priority projects accepted for Budget 2027 consideration
- Minion : Sunny day : @Inteller1989 The Zen is a great master piece in...Sunny day on The Zen
- heard that project was recently suspended due to an accident. resumed? ...BTW on The Cube
- Is this elevated U turn is from The light turn into Georgetown highway? So that...Hon on Lane closures on Tun Dr Lim Chong Eu Expressway for elevated U-turn works
SHOW MORE COMMENTS
Latest Property News
