Property News
Property prices here under pressure if Fed raises interest rate
The Malaysian property market will see further pressure on prices if the US Federal Reserve increases the interest rate, which would affect all Asian economies, said VPC Alliance (Malaysia) Sdn Bhd managing director James Wong Kwong Onn. "There are reports that the US Federal Reserve are likely to raise interest ... Read More
10 Most Popular Projects in January 2015
It's time for us to take a look at the most popular projects in January 2015. TRI Pinnacle One Foresta Chelliah Park City Ramah Pavilion The Tamarind The Signature Imperial Residence Bay Residences Fiera Vista Skycube Residence Interestingly, the top 4 projects are now dominated by affordable housing. This is ... Read More
Affordable Housing Taking Shape in Penang
During an event to officiate the signing of the Sales and Purchase Agreements and balloting for Ramah Pavilion, Penang State Exco for Housing and Town & Country Planning, YB Jagdeep Singh Deo said that Penang State Government is giving top-priority to the provision of affordable housing to Penangites. The State ... Read More
Wishy-washy on housing GST
Many are asking the question but so few know the answer,” quips Malaysian Institute of Estate Agents (MIEA) president Siva Shanker (pic) when asked about the impact of the GST on the housing sector. He says he speaks for his entire fraternity of estate agents when he says they are ... Read More
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
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Latest Projects
TODAY'S MOST READ
RECENT COMMENTS
- We want a natural park instead of a fake park ...Angeline on Seaside pocket park to enrich Tanjong Bungah’s green landscape
- @millionaire There will always be differing opinions, but taking the Penang State Government’s stated direction...dennis on Seaside pocket park to enrich Tanjong Bungah’s green landscape
- I think there is a FB group with the name of "Sunway Dora Owner Group"...Doramies on Sunway Dora
- We want a natural park instead of a concrete park! ...Kitty on Seaside pocket park to enrich Tanjong Bungah’s green landscape
- @Dennis Unfortunately, talk only but no action. The progressive clearly land & beach is on...millionaire on Seaside pocket park to enrich Tanjong Bungah’s green landscape
- This information is outdated, and I’m surprised it is still being referenced. On 6 November,...Dennis on Seaside pocket park to enrich Tanjong Bungah’s green landscape
- I jog and exercise frequently to release work stress. Between gurneybay or nature's trail like...LIM on Seaside pocket park to enrich Tanjong Bungah’s green landscape
- @Marcellina Are you saying Gurney bay is also an unnecessary project? ...Rajen on Seaside pocket park to enrich Tanjong Bungah’s green landscape
- The above concrete park to replace a natural park is definitely NOT consistent with Penang's...Marcellina on Seaside pocket park to enrich Tanjong Bungah’s green landscape
- As someone who has lived in Tanjung Bungah for 30+ years - this is nothing...Kenny on Seaside pocket park to enrich Tanjong Bungah’s green landscape
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Latest Property News
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
