Property News

Joint ownership, an easier way to own a house?
Securing a mortgage to buy a house is not easy these days as financial institutions continue with their tight lending policies. But your chances of getting the loan approved may be higher if you buy a property through joint ownership. Indeed we are seeing more people buying properties as joint ... Read More

Penang government reviewing developers contribution cost
The Penang government is at the tail end of reviewing contribution costs imposed on developers to bring down development costs so the savings are passed on to the public. State Housing, Town and County Planning Committee chairman Jagdeep Singh Deo (pix) said discussions with the local government and relevant authorities ... Read More

Penang mulls cap on pre-war building rental hikes to 20% over 4 to 5 years
Penang is mulling a cap on rental hikes in pre-war buildings to 20% over a period of four to five years, in contrast with more exorbitant hikes of 100% to 200% observed in recent times, said Penang chief minister Lim Guan Eng at the Penang International Property (PIP) Summit conference ... Read More

The Waterside Residence condo set for October launch
IJM Land Bhd, the property development arm of IJM Corp Bhd, will be launching the Waterside Residence condominium project in Penang, with an estimated gross development value (GDV) of RM240 million, this October. “The Waterside Residence is part of The Light Waterfront phase 2 which has a GDV of RM6.5 ... Read More

Sunway plans RM5bil projects in Penang
Sunway Bhd will launch RM5bil worth of properties in Penang over the next eight years. Sunway Property Development Division (Malaysia and Singapore) managing director Sarena Cheah said about 40% of them were long-term investment projects, which include hospitals, colleges and hotels. “We are submitting plans to the local authorities for ... Read More

Penang International Property (PIP) Mid-Term Review 2016
The state government will look into the issues and concerns facing the property industry during the Penang International Property (PIP) Mid-Term Review 2016. State Housing Committee chairman Jagdeep Singh Deo said he would engage the practitioners, stakeholders and decision makers of property and related sectors before mapping the appropriate strategies ... Read More

20 Most Active Projects in Penang (Q2 2016)
It's been a while since we last posted the most active projects. You must be wondering how active was Penang property market in the second quarter of the year. Based on our web traffic data, PenangPropertyTalk.com unique visitors has increased by 10% from last quarter and a slight increased in ... Read More

EVENT: Slide The City @ EcoWorld
The Awesome City Slide Comes to Eco Meadows Get set for an experience that's simply out of this world. The City Slide is going to take you on an unbelievable journey through Eco Meadows. Come ready to get wet and wild! EcoWorld Gallery @ Eco Meadows 30 & 31 July 2016 (10am-6pm) ... Read More

Latest Projects @ Bayan Lepas LRT Line
Bayan Lepas LRT Line became the popular topic of discussion ever since it was announced by Penang State Government as part of the Penang Transport Master Plan. Bayan Lepas LRT line, covering a total of 30 km length will likely be the first LRT line to kick off. We often ... Read More

Not all apartments are the same
Call them what you like – small office home office (Soho), small office flexi office, small office versatile office, condotel, hotel suite or butler serviced apartment. The names are coined by housing developers with creative plans to woo investors with enticing marketing tools on yet-to- be-built stratified properties. Where people used ... Read More
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- 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
- Don't know what that Sunda guy of state housing chairman up to , as if...Oh nice on Penang expands 5% discount on unsold homes to all buyers
- @Gemini Air talk only deserve Air talk answer ...Islander on Penang’s LRT Mutiara Line project set to begin soon
- @millionaire or AG ...LL on Penang’s LRT Mutiara Line project set to begin soon
- Islander : Aiya, very easy, by next GE if I still see “nothing” I...Gemini on Penang’s LRT Mutiara Line project set to begin soon
- @Captain Light Just assign to a China company, will start. Look at Indonesia HSR, took...millionaire on Penang’s LRT Mutiara Line project set to begin soon
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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