The high rejection rate for housing loan applications is making it a challenge for the state government to provide the people of Penang with an affordable roof over their heads. In a letter to Bank Negara governor Tan Sri Datuk Sri Dr Zeti Akhtar Aziz, the state government called for ... Read More

Revently, the Negri Sembilan government announced that it will control the price of houses to be built within its state. Mentri Besar Datuk Seri Mohamad Hasan said this is one of the fundamental keypoints of the new state housing policy, which will be finalised soon. "In this new policy, 15% ... Read More

* Article by Freemind Works * We are coming into the third quarter of the year, and is now in the so called post-GST era. Whilst some argue that it is still too “early” into the GST implementation to really read the property market, some said it’s the best time ... Read More

An increasing population in Penang coupled withlong-term property demand will be supported by major projects driven by public-private partnerships (PPPs), according to Affin Hwang Capital Research. Among the PPP projects, the largest being the RM27bil Penang Transport Master Plan (PTMP), could be awarded by September. Singapore’s Temasek Holdings also has ... Read More

Affin Hwang Capital Research has Gamuda, IJM Corp and Eastern and Oriental (E&O) as its top Buys for infrastructure and property exposure to Penang. It said on Monday Penang was forging ahead with development through public-private partnership (PPP) projects. The RM27bil Penang Transport Master Plan (PTMP) is the largest PPP ... Read More

Ewein Bhd's unit Ewein Zenith Sdn Bhd has received a letter from the Ministry of Domestic Trade, Co-Operatives and Consumerism conferring the unit as the Champion of Entry Point Project 10 (EPP 10)-Wellness Resorts, under the Economic Transformation Programme (ETP). In a filing to Bursa Malaysia, the company said the ... Read More

Affordable housing in Penang is within reach as 3,396 eligible applicants were offered in the last six months, says state Housing Development Committee chairman, Jagdeep Singh Deo. In stressing this, he said the allegation by a daily newspaper yesterday titled "Cheaper homes out of reach", was not only mischievous but ... Read More

by Charles Tan I was back in Penang just last weekend for a Toastmasters function. I arrived around 12 noon and after the second bridge, there was a slight jam in the Bayan Baru area. It must be the half-day working day on Saturday. My function was in town and ... Read More

While the recent implementation of the Goods and Services Tax (GST) has made people more cautious about their spending, they are still willing to take the plunge if the right property is available. This was a common sentiment expressed by exhibitors and visitors at the ongoing Star Property Fair 2015 ... Read More

The grandest showcase of stylish living — Star Property Fair 2015 — opens at G Hotel and Gurney Plaza in Penang today, offering home hunters and investors varied options both locally and abroad. The event runs until Sunday and opens from 10am to 10pm daily. Visitors can expect to find ... Read More