Property News

Budget 2022: Urgent need to address the rising cost of housing
The rising cost of housing remains one of the main issues today and there is an urgent need to address this soon to make the property more affordable. This is probably top on the wish list for Malaysian property developers, homebuyers, and real estate practitioners. According to an online survey ... Read More

SITE PROGRESS: Celesta Residency (Aug 2021)
About Celesta Residency mixed development by Red Blue Development Sdn. Bhd. (TGB Group) in the established township of Sungai Nibong. Strategically located along Jalan Sultan Azlan Shah, diagonally opposite three public schools, namely SRJK(C) Kwang Hwa, SRJK(C) Shih Chung and SMK Sungai Nibong. It features a mix of residential and ... Read More

Teluk Kumbar to be a low-carbon city
The Penang Island City Council (MBPP) plans to make the Teluk Kumbar town into a low-carbon city, says its mayor Datuk Yew Tung Seang. “Teluk Kumbar is a nice place. Many always come here to enjoy its ambience and nice food, like mee udang. “We plan to make this place a ... Read More

MIEA debunk report on property value moving towards half-price
The Malaysian Institute of Estate Agents (MIEA) has debunked the notion of property value moving towards half-price as was reported in a local daily with the heading, “Houses at half-price, anyone?” President Chan Ai Cheng said the two properties mentioned in the publication were isolated cases and should not be ... Read More

Expert calls for policy shift to make houses affordable
A researcher has described Malaysia’s housing policy as something that is stuck in an “identity crisis” from which it can emerge if policy makers decide whether to view a house as an asset or a necessity. Lillian Wee of the Research for Social Advancement (Resda) think tank said the government, ... Read More

Hundreds of houses in Penang hit by flash floods
Rural parts of Penang island were hit with flash floods yesterday following a downpour in the afternoon, with more than 2,500 people in about 500 homes affected. The floods began after intense rainfall which lasted for about an hour in Bayan Lepas, Balik Pulau and Teluk Bahang from about 3pm yesterday. State ... Read More

Landscape designs to play vital role in making Penang a smart city
The 57th International Federation of Landscape Architects (IFLA) World Congress & World Landscape Architects Summit kicked-off in a virtual manner this afternoon with Penang used as its backdrop during the live-streaming. The event, which is jointly by the Institute of Landscape Architects Malaysia (ILAM), International Federation of Landscape Architects (IFLA) ... Read More

More economic sectors to operate in Penang from today
A total of 19 economic sectors in Penang can now operate following the latest update by the National Security Council (NSC) with regard to the economic activities for the states under phase 2 of the National Recovery Plan (NRP). Chief Minister Chow Kon Yeow said as of yesterday (Aug 16), many ... Read More

Landslide at Balik Pulau following continuous rain on Monday
Continuous rain triggered a landslide here near the Falak Sheikh Tahir Centre in Jalan Pantai Acheh in Balik Pulau on Monday (Aug 16). The southwest district police said a landslide was reported at around 3pm yesterday. "We advise the public to be careful and be alert to their surroundings, especially ... Read More

Lane closures at Penang Bridge to facilitate maintenance works from Aug 16 to Dec 30
PLUS Malaysia Berhad (PLUS) and Malaysian Highway Authority (MHA) to conduct scheduled pavement maintenance works from Aug 16 to Dec 30 to improve the motorist comfort and safety for Penang Bridge customers, especially Penangites. PLUS chief operations officer Zakaria Ahmad Zabidi in a statement yesterday said the pavement maintenance works would ... Read More
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- @millionaire Zen6 很美 靠海边 晚上真的好美 很多灯亮亮住在这里又不会吵又好睡,出去也方便 楼下又好多东西吃真的方便好多. ...Jacky on PIX 1 Residences
- 6 ribu unit, mampuii la.. lama2 jd rumah low cost like sebelah pacific ...amirul on SkyWorld Pearlmont
- @Jimmy Muze... My favourite ...Minion on PIX 1 Residences
- @millionaire Thanks for sharing. That's main reason I opts for The Pier. ...Jimmy on PIX 1 Residences
- @ForeverSeaView PIX1 is much better at least with fix time clock alarm. Queens probably is...millionaire on PIX 1 Residences
- @J.koo Hahaha... free midnight alarm clock. Not bad. ...ForeverSeaView on PIX 1 Residences
- @Koja RIP to those owners then. For that small little sea view that won't last,...ForeverSeaView on The Cube
- lol sounds like the currency in ragnarok online ...jack on M Zenni
- yeah right, expect 1 hour to clear the first junction when leaving for work in...Oh nice on SkyWorld Pearlmont
- trade in density for the affordability. 5700 units in total with 100+ shop units and...BTW on SkyWorld Pearlmont
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