* Article by Freemind Works * Property market in 2016 will continue to be soft especially with the challenges we are facing externally (possible continuous rate hike in U.S., Slower GDP growth in China, political unrest in Syria which has badly impacted oil price and commodities prices) and internally (1MDB ... Read More

Penang highway master plan also looked at enabling the future development of less­ developed areas such as Balik Pulau and Teluk Kumbar in Penang Island by constructing a “spurs” road from PIL 1 at strategic interchange location. The other proposed Pan Island Links, namely PIL 2 and PIL 2A, to ... Read More

A new 20km highway, the Pan Island Link 1, is proposed to alleviate the heavy traffic load on the Tun Dr Lim Chong Eu Expressway (LCE) and adjacent arterial such as Pengkalan Weld, Jalan Masjid Negeri, Jalan Jelutong and Jalan Sultan Azlan Shah. Given that little can be done to improve conditions ... Read More

2016 looks to be another happening year for property industry in Penang. While many industry experts predicted the property market to remain slow, our website traffic has hit an all-time high with nearly 1 million pageviews and over 180k unique visitors in Q1. With that in mind, let's take a look at the 20 ... Read More

The Penang Structure Plan, which is out-dated, needs to be revised to incorporate the three proposed man-made islands off the south coast near Permatang Damar Laut meant to fund the Penang Transport Master Plan (PTMP). State Local Government, Traffic Management and Flood Mitigation Committee chairman Chow Kon Yeow said a ... Read More

Eco World Development Group Bhd, driven by a vision to ‘create tomorrow and beyond’, is gradually transforming Penang’s skyline with unique projects. Its Eco Terraces is taking shape in Paya Terubong on the island, so too are Eco Meadows and Eco Bloom in Bukit Tambun on the mainland. Towards the ... Read More

* UPDATE: Design Village grand opening - 23 November 2016 @ 6PM * Design Village Penang – the northern state’s first premium outlet mall – aims to open by this November in time for the school holidays, said its general manager Tay Ai Leen. This is slightly earlier than its previous ... Read More

* Article by Freemind Works * The year 2015 has seen significant highlights in the property market. The year started with the implementation of GST in April 2015. The predictions of frenzy buying before and after the GST did not come true. Majority of investors, instead, took a wait and ... Read More

Bayan Lepas LRT, the very first LRT line in Penang, will be about 30 km in length with 27 stations running from KOMTAR to the future reclaimed islands in the south. Besides passing through must-go-points at KOMTAR, Bayan Lepas FIZ and the Penang International Airport, the line will also serve established ... Read More

Prime Minister Datuk Seri Najib Razak Thursday announced the implementation of the First Home Financing Scheme (MyDeposit) as tabled in the 2016 Budget. He said the scheme was implemented to help the middle 40 per cent income bracket (M40) with household incomes of between RM3,000 and RM10,000. "(This scheme involves) ... Read More