Property News
Strata living – a tale of two cities
The famous opening line in A Tale of Two Cities by Charles Dickens presents to us the tension and opposing attitudes borne between the inhabitants of the two cities. This disparity reflects our perception of “Strata Living” – a form of progressive yet regulated community living made possible by its ... Read More
5 Property Fairs In 6 Weeks
Five significant property fairs in six weeks! If you have missed the MAPEX Penang 2014 two weeks ago, you can now plan your time better with 4 more coming within the next two weeks. Seriously, I think we have way too many property fairs recently. Not only people has started ... Read More
Penang invites Singapore firms to grow together
Penang is vying to become the next hub for Singapore companies’ regional expansion, with the state government open to more opportunities for bilateral partnerships, its Chief Minister Lim Guan Eng said on Tuesday (Oct 14). “We are putting ourselves on the map – that Penang is open for business, and ... Read More
Budget 2015 measures too small to spur property market
The Malaysian Institute of Estate Agents (MIEA) is disappointed with Budget 2015, as the measures announced are too small to have an impact on the property market, said its president Siva Shanker. "I am disappointed with the announcement. The budget during the last two to three years only managed to ... Read More
Budget 2015: Housing Sector Highlights
Youth Housing Scheme A new scheme, Youth Housing Scheme, to be introduced with smart partnership between the Government, Bank Simpanan Nasional, Employees Provident Fund and Cagamas: A funding limit for a first home not exceeding RM500,000 for married youth aged between 25 and 40 years with household income not exceeding ... Read More
In Budget 2015 wish list, homebuyers’ group seeks higher price ceiling on urban houses
As property prices in Malaysia's urban centres keep spiralling up, the country's House Buyers Association (HBA) urged the government to raise the cap for affordable housing to RM400,000 in its Budget 2015 today. With places like the national capital and other urban centres like Penang, Johor Baru and the Iskandar ... Read More
New PR1MA scheme likely to be introduced under Budget 2015
Those buying homes under the 1Malaysia People Housing Programme (PR1MA) will save money in a scheme to be introduced under Budget 2015. The scheme, expected to be announced with the Budget tomorrow, will see the Government “subsidising” a portion of the interest rate for the home loans. Details of the ... Read More
Customs Dept: GST to have minimal impact on home prices
The Goods and Services Tax (GST) will only have an impact of between 0.5% and 2% on housing prices, assuming there is no change in supply and demand conditions, according to Customs Department GST director Datuk Subromaniam Tholasy. Subromaniam said the worry that the GST would result in drastically higher ... Read More
Webinar: Penang Property Market Trends
by Ken Lim Interested know more about what is actually happening on the ground in Penang's property market? This webinar will covers the market analysis of the Penang residential housing sector and provide the insights about trends, price movement, demand and supply. It is based on the engagement in PenangPropertyTalk.com ... Read More
Help buyers, banks urged
Commercial banks should be roped in to help the poor obtain loans for affordable housing. Penang Housing, Town and Country Planning Committee chairman Jagdeep Singh Deo said the Federal Government should have a ‘speedy’ solution to solve the high number of loan applications which are rejected. Commenting on Urban Wellbeing, ... Read More
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RECENT COMMENTS
- @Goppal Balan within the same building ...Cammy on SITE PROGRESS: Avion Residence (Jan 2026)
- 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
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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
