Property News

5 Most Popular Affordable Housing Projects in 2016
Affordable housing is one of the hottest topics in Penang property market these days. As of today, Penang has more than 38 affordable housing projects proposed, 16 out of which are opened for application and registration. The chart below shows the 5 most popular affordable housing projects in Penang, based on the ... Read More

Overnight queues for Eco Bloom launch
Eco World Development Group Berhad (EcoWorld) launched four new projects concurrently under its EcoWorld’s Firsts campaign today. The campaign showcases two new projects in the Klang Valley which are Eco Grandeur and Eco Ardence, one project in Penang, namely Eco Bloom@EcoMeadows and Eco Business Park II (EBP II) in Iskandar ... Read More

Court upholds Appeals Board’s stay order on condo project
A developer has failed in its bid via judicial review to set aside the stay order issued by the Penang Appeals Board on its high-rise project in Pykett Avenue here. A High Court here upheld the decision of the board in the issuance of a stay of implementation of planning ... Read More

Rocky second quarter, slower secondary market
Things have been quiet on the Penang primary property market so far, although the secondary market has seen some activity, albeit slower. “High-end products are struggling but properties below RM700,000 are still okay,” observes Raine & Horne International Zaki + Partners director Michael Geh when presenting the Penang Housing Property ... Read More

Official Launching of Eco Bloom @ Eco Meadows
Have you always wished that your home is from the English architecture designs? Seeing is believing! You are cordially invited to the Official Launching of Eco Bloom on this Sunday (25 September) at EcoWorld Gallery @ Eco Meadows. Eco Bloom, inspired by the scenic pastures of English royalty, is a ... Read More

We need reasonably priced houses, not longer loan tenure
The maximum housing loan tenure of 35 years is more than sufficient for borrowers to settle their housing loans before their retirement, Bank Negara Malaysia said. "For example, if a housing loan is offered when the borrower is 25-year-old, a financing tenure of 35 years will extend to the retirement ... Read More

How about lowering property prices?
As controversy rages over the suggestion for developers to lend money to prospective buyers who have difficulties getting financing to purchase properties, one question remains unasked: Will lower property prices help resolve the buyers’ financing problem? The logic is that by reducing prices, prospective buyers will be eligible to get ... Read More

Official Launch of Mekarsari @ Bertam, Kepala Batas
Good news! Mekarsari @ Bertam, Kepala Batas will be launching on 24th & 25th September 2016 (Sat & Sun) from 10am – 5pm at Mekarsari Show Village. Great deals and rewards await you. Price from RM4XXK onwards. For more information, please contact 04-5757000 or visit our Facebook Page @ Mekarsari ... Read More

Soft Launching of Skyridge Garden @ Tanjung Tokong
You are cordially invited to the Soft Launching of Skyridge Garden @ Tanjung Tokong. RM491 per sqft. onwards with 2 parking bays. Plus free air-conds & water heater tanks. 85% Loan (including 3rd or more houses buyers) with an attractive 4% interest per annum. Visit OHM Group's Marketing Gallery to find out more ... Read More

Henry Butcher: 77% of Penang existing residential properties selling below RM500,000
Despite being the one of the most expensive housing markets in Malaysia, the Penang government has been making efforts to push affordable housing development for the young working population. According to Henry Butcher Malaysia (Penang), 77% of the state’s existing residential stock is priced below RM500,000. As at 2Q2016, Penang ... Read More
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- @millionaire Zen6 很美 靠海边 晚上真的好美 很多灯亮亮住在这里又不会吵又好睡,出去也方便 楼下又好多东西吃真的方便好多. ...Jacky on PIX 1 Residences
- 6 ribu unit, mampuii la.. lama2 jd rumah low cost like sebelah pacific ...amirul on SkyWorld Pearlmont
- @Jimmy Muze... My favourite ...Minion on PIX 1 Residences
- @millionaire Thanks for sharing. That's main reason I opts for The Pier. ...Jimmy on PIX 1 Residences
- @ForeverSeaView PIX1 is much better at least with fix time clock alarm. Queens probably is...millionaire on PIX 1 Residences
- @J.koo Hahaha... free midnight alarm clock. Not bad. ...ForeverSeaView on PIX 1 Residences
- @Koja RIP to those owners then. For that small little sea view that won't last,...ForeverSeaView on The Cube
- lol sounds like the currency in ragnarok online ...jack on M Zenni
- yeah right, expect 1 hour to clear the first junction when leaving for work in...Oh nice on SkyWorld Pearlmont
- trade in density for the affordability. 5700 units in total with 100+ shop units and...BTW on SkyWorld Pearlmont
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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