Property News
Home prices under pressure
Malaysia is seeing signs of a possible moderation in overall house prices, data from the central bank show. The growth in the Malaysian House Price Index (MHPI) declined to 9.6% in the fourth quarter of 2013, compared with 12.2% a year earlier, according to Bank Negara. This was the first time ... Read More

Expo offers 2,500 choices of secondary properties
MORE than 2,500 residential properties will be exhibited during the Malaysian Secondary Property Exhibition Penang (Maspex 2014) at the Penang Times Square this weekend. Organising chairman Michael Geh said many of the properties, with prices ranging from RM300,000 to RM800,000, were in strategic locations. “The prices are between 20% and 30% ... Read More

PDC building to go
The Penang Development Corporation building will be demolished to make way for a Business Process Outsourcing (BPO) Prime project. The project will be undertaken by a joint-venture company, formed by the Penang Development Corporation (PDC) and Temasek, in which PDC will take up a 51% stake. InvestPenang director Datuk Lee ... Read More
Education group to open RM55mil international school in Penang
GEMS Education, the world’s largest kindergarten to secondary education group, will open a RM55mil international school in Bandar Tasek Mutiara in Simpang Ampat near Bukit Mertajam, Penang. The Gems International School of Pearl City is a project undertaken by Gems Education and its local partner Maju Holdings Sdn Bhd via ... Read More

My First Home Seminar
This seminar is FREE to the public! As part of GM Training Academy's corporate social responsibility (CSR), the company will be organizing My First Home seminar in Penang. As a first time purchaser, normally you will have more questions than answers….. Where to buy? How to buy? What is the ... Read More

Penang approves E&O’s masterplan for STP phase 2
The Penang state government has endorsed Eastern & Oriental Bhd’s (E&O) masterplan for the second phase of its Seri Tanjung Pinang (STP) project. In its filing with Bursa Malaysia, E&O said its subsidiary Tanjung Pinang Development Sdn Bhd was notified yesterday that its masterplan for STP phase two had been ... Read More

Eco World offers diverse range of products for buyers
With a landbank of 1,793.97ha and total gross development value (GDV) of RM43.52bil, Eco World Development Group Bhd offers a wide range of residential, commercial and industrial products with thoughtful architecture and sustainability elements. Its current projects are mainly located in the Klang Valley, Iskandar region, and Penang. In the ... Read More

New housing rules to curb property speculation
In a move to further curb property speculation, developers who sell more than four residential units to a single person or a company must now register the purchaser with the housing controller within 14 days of the sale-and-purchase (S&P) agreement being signed. This new requirement is expected to improve transparency ... Read More

How much will GST impact property prices?
THE predictable announcement by Prime Minister Datuk Seri Najib Tun Razak on Oct 25, 2013 that the Goods and Services Tax (GST) will take effect from April 1, 2015, bundled with several other measures will certainly have an impact on the property market. Most property developers have started to feel ... Read More

Redefining Penang’s skyline
The rise of new developments will transform the landscape of the Pearl of the Orient even more dramatically in the years to come. Penang has become one of the most sought-after areas for residential developments in recent years, thanks to the constantly improving transportation links, political stability, booming manufacturing sectors ... Read More
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- @andrew Bro, your mouth smell like chibai. ...logan on Mezzo @ The Light City
- @Minion Then? Full stop already? Share us how you measure it. In Penang, condo is...millionaire on 80% of Gen Z Malaysians opt for high-rise living
- @andrew At least better than Mezzo. Please la switch it off.. ...millionaire on Mezzo @ The Light City
- @millionaire this is not how you measure the price of landed property compare to condo....Minion on 80% of Gen Z Malaysians opt for high-rise living
- @millionaire Quaywest & COD? Please, they really look like some pariah indian disco!!! ...andrew on Mezzo @ The Light City
- @Minion My affordability is low & no money or downpayment. That's why end up in...Wilson Ooi on 80% of Gen Z Malaysians opt for high-rise living
- @rojak Yes. Exactly. Condo is very expensive. Small & high price psf. Even westin &...millionaire on 80% of Gen Z Malaysians opt for high-rise living
- @Islander It's true lah bro. Let's compare high-end at Tanjung Tokong, E&O's latest landed homes...rojak on 80% of Gen Z Malaysians opt for high-rise living
- @ck Where eye sore? Quaywest & Cod are well design & really amazing to see...millionaire on Mezzo @ The Light City
- 出洋蛟龙又向北伸可带动此玄武岛!Hopefully will bring ample prosperity. ...Chita on Penang’s North Coastal Paired Road to begin construction in 2026
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