Property News

PDC inks deal with S’pore-based firms to build RM1.3bil complex
Penang Development Corporation (PDC) has inked a joint venture agreement with two Singapore-based companies to develop a RM1.3bil Business Process Outsourcing Prime (BPO-Prime) Complex in Bayan Baru. The complex will be built on a 2.8ha of land where the PDC office is located currently. Chief Minister Lim Guan Eng, who ... Read More

Mont Residence – A Lifestyle Condominium
Be ready to be spoilt for choices with all the seemingly endless possibilities been offered in Mont Residence at Tanjung Tokong. In this unique offering, security check point will start from guard house. Access cards are needed to access the entrance to lift lobby, access to car park and also ... Read More

Penang’s increasing population equals long term demand
by Charles Tan According to Affin Hwang Capital Research, the property market of Penang will continue to be supported by the many major projects driven by public-private partnerships (PPPs). Some of them include the RM27bil Penang Transport Master Plan (PTMP) as well as a proposal for a RM11.3 billion business ... Read More

Positive market sentiment to continue
The Penang property market had an eventful first quarter, and the positive sentiments and values are expected to sustain, according to Raine & Horne International Zaki + Partners Sdn Bhd director Michael Geh. He attributes the upswing to the implementation of the Goods and Services Tax. “In the first three ... Read More

How to Increase Your Property Rental Yield and Capital Gains through Interior Design
* Article by Freemind Works * Buying a property for the purpose of investment is one of the best decision one can make. However, deciding what to do with the property after we get the keys is another ball game altogether. Click here to download the FREE E-book and discover ... Read More

Investing in property – a must for young adults?
If you are aged between 18 and 34, then you are categorised as millennials, also known as Gen Y. At this age, it is a good time to consider investing in property. Investing in property is certainly not easy, and most youngsters hesitate to invest due to several uncertainties. Long-term investing is challenging ... Read More

Banks hampering state’s efforts to provide affordable homes, says Jagdeep
The high rejection rate for housing loan applications is making it a challenge for the state government to provide the people of Penang with an affordable roof over their heads. In a letter to Bank Negara governor Tan Sri Datuk Sri Dr Zeti Akhtar Aziz, the state government called for ... Read More

Does the state government have power to set prices of houses?
Revently, the Negri Sembilan government announced that it will control the price of houses to be built within its state. Mentri Besar Datuk Seri Mohamad Hasan said this is one of the fundamental keypoints of the new state housing policy, which will be finalised soon. "In this new policy, 15% ... Read More

Post-GST and Impact to the Property Investors: What’s next?
* Article by Freemind Works * We are coming into the third quarter of the year, and is now in the so called post-GST era. Whilst some argue that it is still too “early” into the GST implementation to really read the property market, some said it’s the best time ... Read More

Steady property demand in Penang
An increasing population in Penang coupled withlong-term property demand will be supported by major projects driven by public-private partnerships (PPPs), according to Affin Hwang Capital Research. Among the PPP projects, the largest being the RM27bil Penang Transport Master Plan (PTMP), could be awarded by September. Singapore’s Temasek Holdings also has ... Read More
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- The discussion of this property is quiet after now. Any owner here please comment life...Ellen on Southbay Plaza
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