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Property News

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Readers Column – Write to us about property in Penang

“It is not about wanting to be the best but it is about being better than who you were yesterday.” With this mindset, it has brought Penang Property Talk to where it is today. Today, we are the number 1 ... Read More
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Strata Management Act at a glance

If you are a strata owner or occupier, you are the individual owner of your unit. Also, you play a role as the co-owner to all common property shared inside the development. You are subjected to pay a monthly management ... Read More
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Penang residential overhang more than doubles

The residential overhang in Penang more than doubled to 3,916 units worth RM3.82 billion in 2017 from 1,896 units worth RM1.47 billion in 2016, the Valuation and Property Services Department (JPPH) said in a report. In its “Malaysian Property Market ... Read More
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Idyllic homes in garden township

In the last pristine corner of Penang island, a piece of old Penang is being recreated — a township with lush tropical landscapes that soothe and rejuvenate. With spacious grounds for children to freely run and play in, Botanica.CT in ... Read More
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Building under construction in Tanjong Tokong catches fire

A building still under construction (Tri Pinnacle) at a site in Tanjong Tokong caught passers-by and motorists off guard after smoke started billowing from the premises. The Bagan Jermal Fire and Rescue Department fire station received a distress call about ... Read More
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Queens Residences – Progress Update (April 2018)

Queens Residences is an on-going waterfront development by Ideal Property Group at Bayan Bay. It is strategically located next to Queensbay Mall, facing Jerejak Island. The project will be developed on the reclaimed land in four phases, comprising more than 2,100 ... Read More
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Home buyers must be heard before extension of time is applied

The Ministry of Urban Wellbeing, Housing and Local Government must give home buyers the right to be heard before developers are given an extension of time (EOT) to complete a project, the Court of Appeal ruled today. The landmark decision ... Read More
property-salary

Houses become unaffordable as salary remains flat, says Rehda

The almost unchanged salary over the years is the reason why many are deprived of the luxury to own a house, said a national association for developers. The Real Estate and Housing Developers’ Association Malaysia (Rehda), which represents the interests ... Read More
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Prangin canal to be rehabilitated, Sia Boey renewed

The RM6mil phase 1 of the Sia Boey Rejuvenation Project is expected to be completed in August. During the unveiling of the artist’s impressions of the project, Chief Minister Lim Guan Eng said phase 1 would see the rehabilitation of the ... Read More
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IKEA Batu Kawan – Progress Update (March 2018)

Opening in 2019, IKEA Batu Kawan will become the fourth IKEA store in Malaysia, with two in Klang Valley and another in Johor Bahru, Tebrau. This new store promises to satisfy Penangites’ hunger for affordable home furnishings – and those ... Read More