Property News
The perfect property is gated and guarded, near work, and has good neighbours
Least important factors were identity of developer and availability of broadband internet According to a UK survey, the perfect property is two miles from a supermarket, ten miles from the coast and within walking distance of a pub where the landlord knows your name. How about for Malaysians? StarProperty.my recently ... Read More
6 Things You Should Consider When Taking Up a Home Loan
To the common folks, choosing a home loan is almost as hard as choosing the property itself. If you’re currently in the midst of shopping for a home loan to buy the house of your dream, here are 6 things you should consider before making what would arguably be the biggest financial ... Read More
Penang residential market to remain active though less buzz compared to last year
Hot spots include Batu Maung, Bayan Lepas, George Town, Tanjung Bungah, Teluk Bahang, as well as areas around five new proposed highways. “Despite uncertainties in both external global economy and internal political risks that have caused some investors to slow down in the short term, market analysts believe that the ... Read More
Secondary property market transaction value to go up
PETALING JAYA: The Malaysian Institute of Estate Agents (MIEA) is targeting the transaction value of the secondary property market to increase by between 5% and 8% this year. MIEA president Nixon Paul says: “Historically, the transaction value would increase at about that range every year.” Speaking at a press conference ... Read More
Hillside project is safe, says developer
NUMEROUS certified and qualified industry professionals have been engaged by Sunway City (Penang) Sdn Bhd in the string of planning, assessment and studies conducted to ensure the safety of a hillside development project in Sungai Ara, Penang. In a press statement issued on Friday, the developer said it had fulfilled ... Read More
Be forewarned: Do not sign your rights away
“THE developer says I must sign the letter to collect the keys.” How often do we hear that from house buyers? Too often. How often do house buyers know what to do when faced with such dilemma when taking vacant possession? Not often enough. Do you know the entire content ... Read More
Prai property market heats up
PROPERTY prices in Seberang Prai are expected to rise by an average of 10% this year, says Fook Tone Huat, associate director of property consultants Henry Butcher (Seberang Prai) Sdn Bhd. Fook said in an interview that the rise in prices would apply to all types of properties across the ... Read More
More Penangites air worries over sea tunnel project : Proposed third link continues to draw flak
BUTTERWORTH: Penangites continue to raise concerns that the proposed undersea tunnel project will have a negative impact on their lives, During a dialogue with Chief Minister Lim Guan Eng, environmental consultant Abdul Wahid Ghazali suggested a risk assessment study for the project, looking into possible effects caused by earthquakes and ... Read More
Saying no to Moulmein Rise
A SIGNATURE campaign to garner residents’ support against the ‘Moulmein Rise’ project in Lengkok Moulmein in Pulau Tikus is gaining steam. Penang Citizens’ Awareness Chant group said they have received about 300 signatures through their online petition since the campaign started last week. “Our stand is that the project need ... Read More
Biggest mall in north to be built in Prai
GEORGE TOWN: PENANG-BASED developer Belleview Group is planning to build the largest shopping mall in the northern region in Prai on the mainland. Its managing director, Datuk Sonny Ho, said the plans were still on the drawing board but construction work is expected to begin year end on a 6ha ... Read More
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