Property News

Coming soon: Penang Property Convention 2017
An event that you must not missed! An opportunity to meet up face-to-face with all the property experts and property gurus. Either you are a first time home buyer or a property investor, this event is cater just for you. * THIS EVENT IS NOW FULLY BOOKED * See you ... Read More

Common problems in a sub sale transaction
A typical transaction for a sub-sale and purchase agreement (SPA) of an immovable property (whether a landed property or strata titled property) in the secondary market is normally divided into three stages: The pre-SPA stage; The formation of the SPA stage; The completion of the SPA stage. The pre-SPA stage ... Read More

Prepare for a rate hike
There is a view emerging out there that Bank Negara will have to raise the benchmark overnight policy rate (OPR) by the end of the year or early next year. This view is premised on a strengthening economy, which usually means higher inflation as wages grow, unemployment comes down and ... Read More

Penang Property Convention – 29 July 2017
In collaboration with GM Training Academy, we are co-organizing "Penang Property Convention" on 29 July 2017. Come and join us for this informative property investment event. Whether you are seasoned property investor or first time home buyer, this event will give you a real insight into Penang property market trends and learn about buying ... Read More

New mayor’s vision for a smart city
The objective of creating a smart and intelligent city is possible with the right vision and manpower to carry out the plans, said new Penang Island City Council (MBPP) mayor Datuk Maimunah Mohd Sharif. “The focus is to increase the quality of services provided by the city council and the ... Read More

Mah Sing acquires 10.89-acre land in Penang for RM43.8m
Mah Sing Group Bhd (Mah Sing) has acquired two new pieces of prime lands in Batu 2.5 Cheras, Kuala Lumpur and Bukit Mertajam, Penang, for a total RM307.3mil. It said the lands in Kuala Lumpur and Penang were for a proposed integrated development and a business park respectively with a ... Read More

Makeover of back lanes in George Town to start next month
The goal of bringing life to under-used back lanes in George Town, Penang, is starting with the RM950,000 makeover of the one connecting Magazine Road and Gurdwara Road. The facelift would involve an 870sq m area and is being touted as a pioneer project to beautify back lanes in the ... Read More

Homes worth RM20mil left unoccupied in Penang
Some RM20mil worth of residential properties in upper class neighbourhoods of Penang island have been left unoccupied for many years, turning them into eyesores. The dilapidated buildings at Jalan Masjid Negeri and Lebuh Bukit Jambul have become dumpsites or breeding ground for mosquitoes. A woman employee of a development firm ... Read More

New Logo and Tagline for Aspen Group
Aspen Group’s iconic ‘AG’ corporate logo has been given an update alongside a new tagline to better represent the company’s core values. The updated symbol, with white against dark teal, now adorns the group’s offices and project sites alongside the words ‘Redefine Living’. It epitomises the culture that drives the ... Read More

RM17 billion approved for Bayan Lepas LRT and Pan Island Link 1
Penang government yesterday announced that a sum of RM17 billion from an estimated total cost of RM46 billion for the Penang Transport Master Plan (PTMP) project has been approved. State Local Government, Traffic Management and Flood Mitigation Committee chairman Chow Kon Yeow said the RM17 billion cost included the Bayan Lepas ... Read More
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RECENT COMMENTS
- Nice project ...VH on Taman Seri Valdor
- Where is KDU University College’s new campus being developed? ...Sains Data on University Metropolis @ Batu Kawan
- @Billionaire I think he's being sarcastic. He obviously stating all the false stuff. Maybe another...Hee Chan on Twin Star
- On foreign labour, Chow reaffirmed the state’s commitment to responsible planning. Centralised Labour Quarters (CLQs)...David on Penang has enough land to sustain industrial growth
- @Ong May I know the PN4 price? ...Raymond on Ari Altitude
- I don't think so.. ...Zul on Penang expands 5% discount on unsold homes to all buyers
- @Millionaire You're being sarcastic? Or you really like to write nonsense? I don't get it....Billionaire on Twin Star
- @Moon This was info from the development office when i went for booking. It is...Koja on The Cube
- The central region has spent years developing its first line and gradually expanding it over...BTW on Penang’s LRT Mutiara Line project set to begin soon
- so is bumiputra entitled for 5%+5%? ...BTW on Penang expands 5% discount on unsold homes to all buyers
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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