Property News

Penang Affordability. You Choose, We Ballot.
by Charles Tan It was an event where the ‘winners’ were happy. Of course, in any event, if you are a winner you would be happy right? Well it was a balloting event at one affordable homes project in Penang. Project Name: Ramah Pavillion. The developer is M Summit Group ... Read More

Traits of a responsible housing developer
Knock, knock! Any “good” housing developers out there? I am reluctant to use the words “good developers” as the words are not in my vocabulary. However, there are responsible ones and more are joining this category. The qualities of a responsible developer are to be emulated, if you can find ... Read More

Bank Negara sees lower inflation, maintains OPR
Bank Negara Malaysia (BNM) forecasts inflation for 2015 to be lower than earlier anticipated due to due to the lower energy and commodity prices. In a statement released on Wednesday, the central bank said at the Monetary Policy Committee (MPC) meeting, it was decided that the overnight policy rate (OPR) ... Read More

Penang’s cooling measure on properties has limited effect
As property owners in the city of George Town find their old buildings appreciating in value, the Penang government's ruling to prohibit foreigners from buying landed properties on the island under RM2 million will only have a limited effect and may be counterproductive. State local government exco Chow Kon Yeow ... Read More

Penang to see spurt in housing sales pre-GST
Real estate agents see a spurt in property activity in Penang in the first quarter of this year, spurred by an urgency to get deals closed ahead of the implementation of the goods and services tax (GST) on April 1. Raine & Horne Penang director Michael Geh said the uncertainty over ... Read More

TRI Pinnacle – 2nd Car Park Is Optional!
* UPDATE: Aspen Group has now clarified that the 2nd car park is OPTIONAL! Please visit their facebook page for more details. Recently the discussion in TRI Pinnacle has caught my attention and it seems that some affordable home buyers are being asked to buy a second car park that ... Read More

Affordable housing to drive property sector
All eyes will be on the affordable housing segment again this year, with residential properties priced around RM500,000, expected to drive the property market due to pent up demand. Zerin Properties CEO Previndran Singhe (pix) said the residential segment will continue to drive the property market this year, especially products ... Read More

Two more signatures for go-ahead
The abandoned Majestic Heights Phase 2A Project in Paya Terubong, Penang, is still short of two purchasers for the target set by the new developer for its revival. PLB-KH BINA Sdn Bhd, the new owners of the project, had targeted 220 purchasers to register for the revival but only 218 ... Read More

FAQ – Gated and Guarded Community
What is Strata Titles? When buying a condominium, apartment or any gated & guarded housing scheme, is equivalent to buying a parcel of property in a building or land, which will be subdivided, with each being issued an individual strata title. The strata title is similar to a land grant, ... Read More

Property growth set to slow as cooling measures, market uncertainty hit
Malaysia’s real estate market is expected to keep expanding at a lower rate this year, weighed down by Putrajaya’s cooling measures and mounting economic uncertainty, international property consultants Knight Frank said in its outlook for 2015. The high-end property market is set to be hardest hit in the residential sector, ... Read More
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- please update me with this project ...Rachael on AFFORDABLE: Tanjung Bungah / Taman Sri Bunga SB.
- @Jacky Zen6 is a very under-rated project! It's probably the best we can find in...LL on PIX 1 Residences
- @millionaire Zen6 很美 靠海边 晚上真的好美 很多灯亮亮住在这里又不会吵又好睡,出去也方便 楼下又好多东西吃真的方便好多. ...Jacky on PIX 1 Residences
- 6 ribu unit, mampuii la.. lama2 jd rumah low cost like sebelah pacific ...amirul on SkyWorld Pearlmont
- @Jimmy Muze... My favourite ...Minion on PIX 1 Residences
- @millionaire Thanks for sharing. That's main reason I opts for The Pier. ...Jimmy on PIX 1 Residences
- @ForeverSeaView PIX1 is much better at least with fix time clock alarm. Queens probably is...millionaire on PIX 1 Residences
- @J.koo Hahaha... free midnight alarm clock. Not bad. ...ForeverSeaView on PIX 1 Residences
- @Koja RIP to those owners then. For that small little sea view that won't last,...ForeverSeaView on The Cube
- yeah right, expect 1 hour to clear the first junction when leaving for work in...Oh nice on SkyWorld Pearlmont
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- Affordable Housing (Penang Island)
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- GBS @ The Waterfront
- GBS by The Sea
- Gurney Wharf
- IKEA Batu Kawan
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- Kobay Jelutong
- Lin Xiang Xiong Art Gallery
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- One Auto Hub @ Batu Kawan
- Penang Arts District
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- Penang Medical & Digital Technology Hub
- Penang Premium Outlets (Design Village)
- Penang Sentral
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- Wellness City of Dreams