Property News

Cable car system for Penang gets the axe
The proposed cable car system for Penang, which is part of the ambitious RM27bil Penang Transport Master Plan (PTMP), has been rejected by the Federal Government. Transport Minister Datuk Seri Liow Tiong Lai said the state government has been informed of the decision. He said the decision was made as ... Read More

Road widening project at Jalan Masjid Negeri is on
The Penang Island City Council (MBPP) is going ahead with the road widening project in Jalan Masjid Negeri, requiring 16 trees to be transplanted elsewhere by end of next month. Its traffic engineer Zainuddin Mohamad Shariff said the contractor assigned to transplant the trees had been asked to file the ... Read More

An Insiders Look Into the Property Market H1 2016 Infographic
In Malaysia, there are an overwhelming number of new home owners. According to the survey, among the top 5 reasons on why people invest in properties are to get higher yields on rentals (56%), for good capital appreciation (55%), for retirement planning (46%), for a better environment (46%) and to ... Read More

Penang Moves into the Big League
The artsy vibe of Penang has generated renewed interest among locals and tourists. It’s hard to resist the old-world charm that Penang has to offer. From the quaint boutique hotels along Armenian Street to the Peranakan shophouses, time appears to have stood still on this island that is home to ... Read More

You are Invited to EcoWorld World Environment Day!
Come celebrate World Environment Day with us at Eco Festival 2016 happening on 28th & 29th May and on 4th & 5th June at EcoWorld Galleries in Penang! EcoWorld Gallery @ Eco Terraces 28 - 29 May 2016 (5pm - 9pm) EcoWorld Gallery @ Eco Meadows 4 - 5 June ... Read More

Paradigm Shift In The Residential Market
The National Property Information Centre’s (NAPIC) H1 Property Market Report confirms what we already know – a soft property market amid escalating residential property prices. PENANG The Report states, “The number of transactions in the Penang property market saw a decrease of 11.3% in volume and 2.2% in value against ... Read More

Creative marketing by developers
Slow sales in 2014 and 2015, and an even slower market since the start of this year have prompted developers to introduce various innovative marketing schemes to boost sales. Some of these include rent-and-purchase arrangements, the offering of “safety net loans” and even a re-focus on built-then-sell units to re-assure ... Read More

Public housing residents given warning for subletting units
The state Housing Department has issued non-compliance notices to seven public housing residents for renting out their units. State Housing, Town and Country Planning Committee chairman Jagdeep Singh Deo (pic) said the state was stern in its effort to deter public housingresidents from renting out their units. “For other housing ... Read More

Approve tram and LRT systems for Penang, state governor tells Putrajaya
The governor of Penang today called on Putrajaya to approve the state’s application for tram and Light Rail Transit (LRT) systems at his opening speech at the state legislative assembly sitting today. The Yang diPertua Negri Tun Abdul Rahman Abbas said the state needs better public transport systems to resolve ... Read More

Top 20 Property News Portals in Malaysia
Which are the most popular property news portals in Malaysia? I have shared the top 8 last year and PenangPropertyTalk.com was ranked 5th based on the number of visits recorded in October 2015. To find out how we are doing after six months, I went through the long list of ... 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