Property News
Neighbourhood park launched in Sungai Pinang
Sungai Pinang residents and those staying around the Karpal Singh Drive have additional joy when the ground-breaking ceremony of a three-acre neighbourhood park was launched at Lebuh Sungai Pinang 7 as part of a green project by the state today. Chief Minister Chow Kon Yeow, who planted a Malayana sapling ... Read More
Unreleased bumi lots contribute half of property overhang in Malaysia
The unreleased Bumiputera lots contribute to about 40% to 50% of the country’s overhang numbers, according to Real Estate & Housing Developers’ Association (Rehda) Malaysia president Datuk Soam Heng Choon. Many completed houses in certain states were unsold because the state governments do not want to release the Bumiputera lots ... Read More
The Light City officially broke ground yesterday
The second phase of The Light Waterfront project, The Light City held its groundbreaking ceremony, officiated by the Mr. Ong Teng Cheng, Managing Director of IJM Construction Sdn Bhd, and Dato' Toh Chin Leong, Senior General Manager (Northern Region) of IJM Land Berhad and Director of IJM Perennial Development Sdn ... Read More
George Town wins gold medal in 4th WeGO Awards
George Town, the capital city of Penang, has been awarded the Gold Medal for the fourth edition of Sustainable Cities Organisation Awards (WeGO Awards) under the Mobility category. State Housing, Local Government and Town and Country Planning Committee chairman Jagdeep Singh Deo today said this was the first time Penang ... Read More
RM300k and below form the largest segment of unsold residential units.
Developers are scratching their heads as to why the most affordable units priced RM300,000 and below form the largest segment of total unsold residential units. Real Estate and Housing Developers’ Association (Rehda) Malaysia vice-president Zulkifly Garib (pic) said: “The overhang is an accumulation of many years. We need to understand ... Read More
Rehda expects lower HOC sales
The sales of the Home Ownership Campaign (HOC) 2020-2021 are expected to be lower than last year owing to the lacklustre performance in the first half of 2020, said Real Estate and Housing Developers' Association (Rehda) Malaysia president Datuk Soam Heng Choon. HOC 2019 recorded sterling sales of 57,000 units ... Read More
Property overhang won’t worsen as loan moratorium ends
The Real Estate and Housing Developers’ Association Malaysia (Rehda), which is cautiously optimistic about the outlook of the property sector, hopes for better improvement in the first half of 2021 (1H2021), provided there is no new community transmissions of the COVID-19 pandemic in the country. The expected sales will further improve in ... Read More
SITE PROGRESS: Residensi Permatang Pauh (Sep 2020)
About Residensi Permatang Pauh Affordable housing undertaken by Excel Focus Properties Sdn. Bhd. It is strategically located within the established township of Permatang Pauh, only about 500 meters away from Butterworth-Kulim Expressway. Neighboring communities include Taman Naluri, Taman Naluri Ria and Taman Janggus Jaya. Find out more about Residensi Permatang ... Read More
220,000 units of affordable housing for Penang by 2030
Penang State EXCO for Town & Country Planning and Housing, Jagdeep Singh Deo set a new target of 220,000 units of affordable housing (RMM) to be built by 2030, supporting the current economic environment and demand. The targets include low-cost (Type A) and low-medium cost (Type B) and affordable housing which cover three categories of Type C1 ... Read More
GEM Residences – A Wholesome Lifestyle Experience
GEM Residences - a new freehold condominium located at Jalan Baru, Prai, Penang is primed to bring a new standard of living to Prai, Penang by offering a range of well-designed modern living spaces for a wholesome lifestyle experience. Strategically located along the six-lane Jalan Baru connecting the North-South Expressway ... Read More
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- @Ryu not bad but penang world city is a better option ...LL on Upcoming waterfront serviced apartment by E&O on Andaman Island
- @Cammy You need to check the master plan. E&O now focusing to build those highend...Ryu on Upcoming waterfront serviced apartment by E&O on Andaman Island
- @Ryu where is the affordable house will be located in andaman? ...Cammy on Upcoming waterfront serviced apartment by E&O on Andaman Island
- 666 : @Ah Kang tolong la tolong x 2 ...Minion on Mezzo @ The Light City
- @666 Now you asking for help? If you never go in you couldn't judge anything...Ah Kang on Mezzo @ The Light City
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- Our Penang Island is now having many high rise condominiums. I wonder how advance are...Xulih on Upcoming waterfront serviced apartment by E&O on Andaman Island
- @TuaSeKang Muze is the best after I visited so many project. World class facilities ...Ah Kang on Mezzo @ The Light City
- Oh yes ...OngKokSu on Embun Hills: Live Green In Bukit Mertajam’s First Sustainable Township
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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
