Malaysian Resources Corporation Bhd (MRCB) has received the nod from the Penang authorities to proceed with construction of the much-awaited transport terminal in the Penang Sentral project. The RM230 million terminal forms the first phase of the RM2.3 billion integrated Penang Sentral project in Butterworth and is targeted for completion ... Read More

Some 20,000 visitors made their way to the Malaysia Property Exhibition (Mapex) 2014 at the Subterranean Penang International Convention and Exhibition Centre (SPICE) in Relau, Penang, in search of their dream home. From landed properties to high-rise units, the Mapex City 2014 showcased projects by reliable developers with prices which ... Read More

by Charles Tan These days whenever my friends told me that they are buying a landed property, my first question is always, ‘Gated and Guarded?’. And their answer would always be, ‘Yes’. Honestly, should you buy a landed property which is not gated and guarded today? For me, no. Reason? ... Read More

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

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

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

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

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

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 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