Amid slowing demand and deteriorating profits, it seems now is a good time for housing developers — who are accused of being only interested in higher-end properties — to switch their focus to affordable housing, demand for which far outstrips supply. But developers are saying that this would not be ... Read More

In a move to facilitate loan transactions between first-time house buyers and banking institutions, the government is expected to announce a new scheme during the tabling of the 2017 Budget. Second Finance Minister, Datuk Johari Abdul Ghani said his ministry is currently collaborating with Bank Negara, Malayan Banking Bhd (Maybank), ... Read More

Young professionals coveting the cosmopolitan lifestyle at Penang’s most desirable address can now see their dream realised. The Seri Tanjung Pinang lifestyle as created by E&O is one that is coveted by Malaysians and foreigners alike, property investors or just regular folks looking for a superb environment to live in ... Read More

The slump in overall property sales in Penang has led developers to introduce special schemes to stimulate the market. Senior general manager of IJM Land Berhad Datuk Toh Chin Leong, who is also Real Estate and Housing Developers Association (Rehda) Penang branch chairman, said IJM is now partnering with Alliance ... Read More

You are cordially invited to have the initial viewing of Aspen Group's latest project - BEACON. Date/Time 4 September 2016 (Sunday) 10:00 AM - 5:00 PM Venue Aspen House, 300, Jalan Macalister, 10450 George Town, Penang. REGISTER HERE: Beacon Executive Suites Priority Registration BEACON, the shimmering star rising on the horizon, is ... Read More

Telekom Malaysia Berhad and Aspen Group has inked a Collaboration Agreement to facilitate the deployment of Smart Services, converged telecommunications as well as information and communication technology (ICT) services for the Aspen Vision City development in Batu Kawan, Penang. This agreement is the first collaborative agreement between TM and Aspen Group to ... Read More

The Government has endorsed home-sharing service Airbnb, saying it is legal as long as there is no foul play. The Urban Wellbeing, Housing and Local Government Ministry said this in response to claims from the hotel industry that such services were illegal as homeowners were renting out properties to tourists ... Read More

The commencement of land reclamation works for the RM10 billion Penang WorldCity project in Bayan Mutiara is expected to begin only in the middle of next year. The project is undertaken by Tropicana Ivory Sdn Bhd, a 55:45 joint venture between Tropicana Corp Bhd and Ivory Properties Group Bhd. Tropicana ... Read More

We bring you an exclusive video on the tallest building in Penang - KOMTAR Some of you may not be aware that KOMTAR has grown taller by 3 levels! The recently refurbished tower now sports new floors with a large viewing deck, glasshouse structures encircled by trees and most striking ... Read More

Despite the slow property market, OSK Property Holdings Bhd believes there is still demand for properties targeted at end users. And the homebuyer market is what is it aiming at with Luminari, a serviced apartment project launched recently at its Harbour Place township in Butterworth, Penang. CEO Ong Ghee Bin ... Read More