Property News
New school plans progressing smoothly
The SMJK Heng Ee branch in Jalan Sungai Tiram 1 in Bayan Lepas, Penang, will be able to take in 3,000 students once it is ready in 2018. Construction of the RM50mil school project has entered its second phase with a six-storey academic building costing RM20mil. It will have 96 ... Read More
No law against crowded homes
There has been much debate about overcrowded homes, especially given the rise in the number of properties being converted into hostels, whether for students or foreign workers. Those living near such houses would argue that a double-storey terrace house would be unfit for more than eight tenants, at most. Landlords, ... Read More
More bicycle lanes in the pipeline
All major roads and highways in Penang will have dedicated bicycle lanes, said Chief Minister Lim Guan Eng. He said the state government was giving special attention to complete the lanes on these thoroughfares by 2020. He said among the routes where such lanes would be created were from Seri ... Read More
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
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- wasn't this supposed to be a hotel, le meridean ...Goppal Balan on SITE PROGRESS: Avion Residence (Jan 2026)
- @Islander Yup. Is not about T20 or B40 now. It's most of local mentality &...Hong on QR code entry scrapped for Gurney Bridge
- “The QR code requirement has been removed with immediate effect,” Rajendran told FMT????The barriers are...DatoS on QR code entry scrapped for Gurney Bridge
- @Hong Not about they can afford or not. Capability can T20, mentality still B40. Just...Islander on QR code entry scrapped for Gurney Bridge
- @LL Yes, you are right, QuayWest will not be able to compete with Lightwater. ...millionaire on Affordable Housing @ The Zen
- Got 1 McD near Zen is so happy. Opposite of Queens, the Queens Bay Mall...millionaire on Affordable Housing @ The Zen
- @Islander Friend. No discrimination here. FYI. Affordable & low cost house are available in Andaman...Hong on QR code entry scrapped for Gurney Bridge
- B40 in general just don't deserve good things. ...Islander on QR code entry scrapped for Gurney Bridge
- @Ryu yea, Lightwater will stuck too. Lightwater will not be able to compete with QuayWest...LL on Affordable Housing @ The Zen
- @Ryu Yup. Agree. The Zen is really good appreciated in subsale. Checking on 2025 actual...Hee Chan on D’ Starlingtton
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- Affordable Housing (Penang Island)
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