Property News
Top 10 most popular projects in 2017
The most viewed project of 2017, according to Google Analytics data (up until 27/12/2017), is the review of Novus condominum at Sungai Nibong. This project is no doubt the most popular project in 2017 and has been sold out. In second place is The Tamarind executive apartment by E&O Property ... Read More
Slight improvemet in industrial property
Despite the prevailing economic uncertainties, industrial property sales in Malaysia are expected to increase at a moderate pace next year, while the increase in value of transactions is projected to stay at a low single-digit percentage. According to Raine & Horne Malaysia senior partner Michael Geh, the projection was based ... Read More
Applications for MyDeposit 2018 opens today
The applications for the First House Deposit Financing Scheme or MyDeposit for next year will be opened from tomorrow (Dec 15) until Feb 15, 2018. Deputy Urban Wellbeing, Housing and Local Government Minister Datuk Halimah Mohamed Sadique said the public could register online at https://sprn.kpkt.gov.my. "At the tabling of the 2018 ... Read More
George Town among cheapest cities for expats in Asia
George Town in Penang and Johor Bahru in Johor were identified as some of the cheapest locations for expatriates in Asia, according to research by ECA International. The two cities join Mongolia’s capital Ulaanbaatar, Yangon (Myanmar) and Karachi (Pakistan) as some of the region’s most affordable cities. Meanwhile, Kuala Lumpur ... Read More
No bubble in property sector
Some global property markets are overheated at the moment, but Malaysia certainly is not in the bubble territory. In those markets that are overheated, home prices are rising faster than salaries amid slow demand. There is also rising interest rates, and shaky loans become the norm. These are probably the ... Read More
Discover Balik Pulau
GM Training Academy will be organizing “Discover Balik Pulau”, a holiday event at Botanica Mansion on 16th December 2017. Event highlights: Discover Balik Pulau Tour Balik Pulau talk by Miichael Yeoh Botanica Mansion heritage tour Kids Coloring contest (Please bring you own coloring set) Goats Farm and many more At ... Read More
Penang has its own unique demand, pricing and prospects
Penang-based property developer Asas Dunia Bhd said the Government’s blanket freeze on properties worth RM1mil and above is not the solution to the rising unsold properties in the country. Its managing director Datuk Jerry Chan said: “A blanket freeze is not practical as each location, either within a city or ... Read More
Penang airport expansion to provide for 12mil passengers
The capacity of Penang International Airport (PIA) will expand by almost 100% from 6.5 million passengers to 12 million, said Chief Minister Lim Guan Eng. He said this was according to a written reply by Transport Minister Datuk Seri Liow Tiong Lai to him in Parliament. The reply on Monday ... Read More
Is the freeze on high-rise residences above RM1m warranted?
by Previndran Singhe I must applaud the Malaysian government’s responsiveness in trying to manage the perceived property bubble, with specific focus on the residential luxury market. When we were in university, we were told that a property bubble is usually preceded with what one calls an euphoria of buying, demand ... Read More
Indefinite freeze on luxury properties
The government today announced an indefinite freeze on the development of luxury properties worth more than RM1 million per unit. The freeze, according to Second Finance Minister Johari Abdul Ghani, had come into effect since Nov 1. He said Cabinet had recently scrutinised a detailed central bank report published in ... Read More
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RECENT COMMENTS
- @Hemsley Ready? Quite interesting. Can just name any one old affordable house using face recognition....millionaire on New flyover opens at The Light Waterfront Penang
- SV2 is way way over price. Maris is good for investment but definitely not for...Daileh on Setia SV2
- @millionaire Great. It's a normal trending & common now. Even some old affordable house changed...Hemsley on New flyover opens at The Light Waterfront Penang
- @Hemsley You have your point. Conclusion is don't Hau Lian!! Those people who same as...HenQi on New flyover opens at The Light Waterfront Penang
- yes Pen Apparel ...Goppal Balan on Mah Sing unveils M Cora mixed development near upcoming LRT Station
- i think maris is my choice ...Goppal Balan on Setia SV2
- Just taking keys from Mezzo office, 5k deposit on renovation work. All access doors using...millionaire on New flyover opens at The Light Waterfront Penang
- the previous site of Garment Factory ah? ...Hadi on Mah Sing unveils M Cora mixed development near upcoming LRT Station
- @millionaire Is it a neutral enough to say there willl always be going to Zen...Hemsley on New flyover opens at The Light Waterfront Penang
- @Hemsley Is it neutral enough to say there will always be companies holding annual dinner...millionaire on New flyover opens at The Light Waterfront Penang
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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
