Property News

Penang Sky Cab alignment may be revised
The alignment of the proposed Penang Sky Cab cable car project, which will link Seberang Prai to the island, may see some changes. Chief Minister Chow Kon Yeow said the initial alignment from Penang Sentral in Butterworth to Persiaran Karpal Singh in Jelutong here may be changed to a location ... Read More

One million affordable houses to be built in 10 years
The Housing and Local Government Ministry plans to build one million units of affordable homes within the next 10 years to enable more people, especially the low income earners, to be house owners. Its minister, Zuraida Kamaruddin said the ministry would coordinate all housing projects under Syarikat Perumahan Negara Bhd ... Read More

Penang Bicycle Master Plan
The Penang government together with the Penang Island City Council (MBPP) are working towards making Penang a cycling haven for cyclists. Riding on the concept of green connectivity, the state and the local council were looking at completing the 200km-long bicycle lanes as indicated in the Penang Bicycle Master Plan ... Read More

10 Most Read Penang Development Stories in 2018
As we welcome 2019, here is a chance to make sure you are updated on the most read Penang development stories in Penang Property Talk over the past 12 months ... Read More

Priority is to transform Penang into a smart city
The priority for this year will be to transform Penang into a smart city which is in line with Penang 2030 ‘A Family-Focused Green and Smart State’. State Housing, Town, Country Planning and Local Government Committee chairman Jagdeep Singh Deo said several pilot projects were in the pipeline for such ... Read More

10 Most Active Penang Housing Projects in 2018
For those who have missed some of the most popular housing projects in 2018, do not be despaired. Here are the 10 most active projects for you. 8 out of 10 in the list are affordable housing projects, each of them has been read by up to 40,000 users in ... Read More

Stamp duty exemption for first-time house buyers from 1 January 2019
The increase of one per cent in stamp duty for the instrument of transfer for property exceeding RM1 million to RM 2.5 million is now effective July 1, 2019. In a statement today, the Finance Ministry said the government would maintain the current stamp duty rate for six months from ... Read More

Overhang residential units in Penang up by 44%
Malaysia is entering 2019 with unsold completed residential units rising to 30,115 units as at Sept 30, 2018, an increase of 48.35% from the 20,304 units a year ago. According to the Valuation and Property Services Department’s (JPPH) latest figures released on Saturday, the total value was RM19.54bil, a 56.44% ... Read More

The Park @ Mak Mandin affordable housing project to be ready next year
Buyers of The Park @ Mak Mandin can soon rejoice when their affordable housing project completes end of next year. Property developer Silver Channel Sdn Bhd said the development of the project was currently on track. State Local Government, Housing, Town and Country Planning Committee chairman Jagdeep Singh said he ... Read More

Magical Christmas Party held at Southbay Sales Gallery
As Christmas is just around the corner, Mah Sing hosted a Magical Christmas Party for the public at its Southbay Sales Gallery, Batu Maung over the weekend. Themed after Fairy Fantasy, the sales gallery was decorated with fairy lights, magical arches and colourful props to create a celebrative ambience for ... Read More
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Latest Projects
TODAY'S MOST READ
RECENT COMMENTS
- @Millionaire I doubt a millionaire will stay in an apartment at Perak lane, definitely is...millionaire on Twin Star
- What's the take up rate of this condominium? ...PPbee123 on The Lume @ Andaman Island
- @LOL Pier ...LL on Merione Grand
- Merione Grand vs Stark Tower vs Exsim project, which is better? ...LOL on Merione Grand
- I think Penang is in dire need of proper CBD infrastructure. Too many people doing...Irwin on Penang undersea tunnel still a key solution to traffic woes
- @Hee Chan Location of Twin is very strategy with all amelities available within walking distance....Millionaire on Twin Star
- Basically the project is way overpriced, they got more than enough allowance to pay for...Hee Chan on Twin Star
- @Ryu More like the developer is in panic mode losing to The Cube, and is...Hee Chan on Twin Star
- @Goppal Memorable but not put to good use anyway. Not like they turn it into...Islander on Iconic Boon Siew Villa demolished for luxury residential project
- @Hee Chan Quite unlikely, it is almost 4% of the sales price already. I truly...Floyd on Twin Star
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Latest Property News
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