Property News

Views on G&G developments
According to findings in an online survey, safety and security have become top priorities for potential house buyers. AS a result of the increasing number of break-ins and the worrying crime rates, there has been a wave of gated and guarded (G&G) housing developments that are putting safety and security ... Read More

Property fair features award-winning designs
Ivory Properties Group Bhd will offer special promotional packages for its various developments in Penang during the three-day Malaysia Property Expo (Mapex) 2014 starting on Friday. These include Tropicana Bay Residences, the first phase of the Penang WorldCity mega waterfront development in Bayan Indah, along with The Wave in Penang ... Read More

Not just a strictly business affair at property expo
The Malaysia Property Exhibition (Mapex) 2014 in Penang this weekend will be more than just a property fair. Real Estate and Housing Developers’ Association (Rehda) Penang chairman Datuk Jerry Chan Fook Sing (pic) said visitors could bring their children along as there would be a Kids Corner where they could ... Read More

Buying Penang properties? Affordability means RM600 – RM700psf.
by Charles Tan A close friend asked me recently what’s the price that I would be willing to sell my condo in Tanjung Tokong. I said, RM700k. She laughed and said, my husband said that’s impossible. I laughed and said, it is ok. In fact at the price I wanted ... Read More
Why developer interest-bearing schemes should be banned
The Developer Interest-Bearing Scheme (DIBS) is marketed in such a way whereby the house buyers pay a small down payment during the signing of the sale and purchase agreement (SPA). The developer will bear the interest due during the project construction period until the handing over of vacant possession where ... Read More

Affordable Housing Roadshow – Bayan Baru (20 Sept)
In collaboration with state housing department, a new "Affordable Housing" section has been added to this website to bring further awareness to the affordable housing projects in Penang. You can now find out more about the latest affordable housing projects as well as its location. There are also some basic ... Read More

Tambun Indah buys land worth RM150mil in Penang
Tambun Indah Land Bhd's wholly-owned subsidiary, Palmington Sdn Bhd, has proposed to acquire 27 parcels of freehold land in Penang worth RM150 million from TPPT Sdn Bhd. In a filing to Bursa Malaysia, Tambun Indah said the purchase of the land totalling 84.8 hectares would be satisfied by cash. It ... Read More

EcoWorld to buy 190ha land in Penang for RM1.02bil
Eco World Development Group Bhd will take up the offer to buy 190.2ha in Batu Kawan from Penang Development Corp (PDC) for RM1.02bil. PDC is offering the sale of the property to Eco World as the group is the only bidder. It is learnt that PDC will give Eco World ... Read More

MYDIN Wholesale Hypermarket @ Jalan Baru, Prai
If you travelling from Prai to Bukit Mertajam via Jalan Baru, you would probably notice an ongoing construction on your right that stretches over an area of about 200 meters wide. It is the upcoming MYDIN Wholesale Hypermarket, by far the largest in the northern region. Once completed, Jalan Baru is ... Read More

Highest loan rejections for properties in RM200,000-RM500,000 range
Property developers have come out with some hard facts that suggest that the sector is cooling off. According to the first half 2014 Property Industry Survey by the Real Estate and Housing Developers’ Association Malaysia (Rehda), properties in the affordable housing price range below RM1mil have been facing a tough ... 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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OTHER DEVELOPMENTS
- Affordable Housing (Penang Island)
- Butterworth Arena
- Columbia Asia Medical Centre
- Eco-Tourism Hub @ Batu Kawan
- Escape Penang – Eco Theme Park
- GBS @ The Waterfront
- GBS by The Sea
- Gurney Wharf
- IKEA Batu Kawan
- Island Medical CIty
- Kobay Jelutong
- Lin Xiang Xiong Art Gallery
- Linear Waterfront
- Mitsui Outlet Park @ PIA
- One Auto Hub @ Batu Kawan
- Penang Arts District
- Penang Eastern Seafront Development
- Penang Medical & Digital Technology Hub
- Penang Premium Outlets (Design Village)
- Penang Sentral
- Penang South Islands
- Penang Transport Master Plan
- Penang Waterfront Convention Centre
- Penang World City
- PIA Expansion
- Silicon Island
- Teluk Bahang Wellness Resort
- The Ship Campus (ALC College)
- The Top @ Komtar
- Wellness City of Dreams