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

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

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

All residential stratified properties are now categorised as "Goods and Services Tax (GST) exempt supply", said National Home Buyers Association (HBA) secretary-general Chang Kim Loong. Previously, only low-cost and low-medium cost properties were granted such exemption. Being categorised as "GST exempt supply" would mean that fees charged by a management ... Read More

The Korean wave will hit Penang when a mini Korean town is set up at the Penang Times Square this year. Jaebok Holdings Sdn Bhd chairman Lee Jonggi said Phase Two of Penang Times Square would have some 150 retail lots opening up within six months. “We’re now in discussion ... Read More

With property prices soaring in Penang, the shortage of affordable housing remains a huge concern for people in the state. Despite the move by the state government with the Penang Development Corporation (PDC) to initiate several projects which will deliver more than 22,000 units of affordable housing in the next ... Read More

In the first two parts, we had looked at development practices and the open space policy in the Klang Valley area, where demand for new properties is making land even more scarce. Today, we look at the issue of determining the limits to development, and in Penang island's case, how ... Read More

Penang’s controversial high density housing policy may be removed in future once the state has enough affordable homes, said state executive councillor Chow Kon Yeow. The local government and traffic management committee chairman said the policy, which allows developers to build more units per acre, will end once there is ... Read More

As you are already aware, Penang International Property Exposition in conjunction with Penang International Property Summit will be held in the Subterranean Penang International Convention and Exhibition Centre (SPICE) starting tomorrow for 3 days. Here are a list of developers who will be show casing some of their latest projects ... Read More

The inaugural Penang International Property Summit, and an international property exposition to be held at the Subterranean Penang International Convention and Exhibition Centre (SPICE) this weekend, is expected to attract over 30,000 potential house-buyers. The summit, themed," Managing Future Trends and Challenges" is from Jan 9-10 and the property exhibition ... Read More