Property News
Not only clean and green
A SERIES of activities has been planned to promote Penang beyond the cleaner and greener initiatives. State Local Government and Traffic Management Committee chairman Chow Kon Yeow said they hoped to improve the state from safety and health aspects. “Besides promoting cleaner and greener campaigns, more interactive activities will be ... Read More
Tips for first time housebuyers
BUYING a house will most likely be the biggest single investment in a person's life. But for first-time buyers, going about purchasing a home can be a procedural nightmare, especially without the proper planning or guidance. The following are some simple tips for first-time buyers to consider before ploughing their ... Read More
Exco man: No ‘under-the-table’ money for projects
THE public is advised not to fall prey by paying between RM5,000 and RM10,000 to unscrupulous syndicates which promise to secure low-cost (LC) or low medium-cost (LMC) units. Penang Town and Country Planning, Housing and Arts Committee chairman Wong Hon Wai said several syndicate members were going around promising applicants ... Read More
Penang most liveable city in M’sia
GEORGE TOWN: Penang has, for the first time, beaten Kuala Lumpur for two consecutive years as the country’s most liveable city, Penang Chief Minister Lim Guan Eng said. Quoting the annual ECA International Location Ratings research, Lim said Penang had maintained its position as Asia’s eighth most liveable city, while ... Read More
Elevators at home are cool contraptions — beats taking the stairs
HAVING an elevator at home, while still a lifestyle choice rather than one born out of necessity, is nevertheless a trend that is becoming increasingly popular with many upscale residential developments featuring this novelty in its houses. “One usually finds lifts in the homes of the affluent and these people ... Read More
Sg Ara folk against hillside project
THE Penang Appeals Board has fixed July 18 for the hearing of the case of residents of Sungai Ara who are against the approval of a hillside development project in the area. Board chairman Datuk Yeo Yang Poh set the date after getting the agreement on the date from the ... Read More
International school for Tambun
PENANG’s leading property developer on the mainland, Tambun Indah Land Berhad, will build the first international school on the mainland in the integrated township of Pearl City in Tambun, Seberang Prai. Tambun Indah signed a Memorandum of Understanding (MoU) with SIS Charter Sdn Bhd to develop the Straits International School ... Read More
Prices climbing even higher
Despite talk that the condo market on Penang island may experience slowing demand due to new supply and unsold units of previous launches, we highlight five developments that seem to prove otherwise. RECENTLY the vivacious director of a public-listed company remarked that almost everyone she meets on the social circuit ... Read More
Penang to raise price cap for foreigners
GEORGE TOWN: The Penang Government has proposed to raise the cap for foreign purchases on all properties in the state. Chief Minister Lim Guan Eng said the current limit of RM500,000 would be raised to RM1mil, except for landed properties on the island that would be raised to RM2mil. He ... Read More
Property continues climb
PETALING JAYA: Overall price appreciation for residential properties is expected to range between 5% and 10% this year, according to CIMB Research. In a report, the research unit said residential properties’ price appreciation could be even higher but it believed that the Government would continue to remain vigilant on “runaway” ... Read More
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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
