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Property News

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Sia Boey: Reborn (next to future LRT station)

Penang launches heritage arts district in heart of George Town Penang is set to have its very own Heritage Arts District on a 2.2ha land in the heart of George Town, which will also feature a RM30 million museum, to be called the Ilham Penang. Chief minister Lim Guan Eng, ... Read More
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50 Most Popular Projects in Penang

The chart below shows the top 50 most popular projects in Penang, based on the total number of project page views we have received in the past 90 days (01 June - 31 Aug). If you own one of these properties, you may be interested to know how popular is ... Read More
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RM100 mil Sia Boey redevelopment project launched in Penang

There will be colour at the dilapidated Sia Boey Market in George Town this Sunday when the Penang government launches its RM100 million Sia Boey: Reborn project. Chief Minister Lim Guan Eng said the 5.5-acre project will regenerate and rejuvenate the market, the long-neglected Prangin Canal and its vicinity, and transform the area ... Read More
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Mount Erskine – Serene Location Within The City

Tanjung Tokong, a popular hotspot that has attracted many locals and appeals to a lot of holidaymakers. Nestled in the north east district of Penang, affectionately known as the Pearl of the Orient, its ascendancy to popularity originated from the early development of Seri Tanjung Pinang by E&O with product ... Read More
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Penang property market getting bigger and exciting

by Charles Tan I think Penang property market is starting to get more advanced. There was a time when developments were just a few hundred million in terms of gross development value (GDV). Then the bigger players arrived and bought huge pieces of lands. There are now more integrated developments ... Read More
Suraya: ‘Housing affordability is a function of both house prices and income. It is a dynamic concept.’

Making housing more affordable

Khazanah Research Institute calls for a national housing survey. Heard over radio. House prices expected to increase due to a weaker ringgit. Reinstate developers interest bearing schemes. Relax rules for foreign buyers. In the last 18 months, developers have been bemoaning their fate. It came to a crescendo this year ... Read More
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The Clovers – Affordable & Luxury

Rare and precious like the four-leaf clover revered as a symbol of good luck by many cultures around the world, its iconic architecture and layout is designed to bring residents all the privileges of wholesome living. Located in Sungai Ara, The Clovers auspiciously signifies living in a sanctuary blessed with ... Read More
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Malaysia’s home prices ‘seriously unaffordable’, says Khazanah Research

Malaysia's average house prices are more than four times the median income of its population, making them "seriously unaffordable", research by Khazanah Research Institute (KRI) has revealed. Kuala Lumpur has especially been branded as "severely unaffordable" with house prices 5.4 times higher than the median income in the capital city ... Read More
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RMAF’s Butterworth base relocation scrapped?

Malaysia’s airmen may not be getting a new base in Butterworth, Penang, after all — news that will likely bring relief to residents and business operators opposed to the plan from the start. According to a source familiar with the plan, the redevelopment of the new air force base for ... Read More
Stiff penalty: Whoever fails to give access to the party carrying out the inspection commits an offence. The fine imposed is up to RM50,000 or imprisonment of up to three years or both, under regulation 63(2).

Leakage – A strata living nightmare

If you live in a high rise building and have an inter-floor leakage issue, you can be rest assured that you are not alone. Inter-floor leakage is without a doubt one of the biggest problems faced by many dwellers of high rise buildings. Whilst the leakage may appear only in ... Read More