The weakening ringgit has resulted in an increase of 20-25% in the cost of some construction materials, said the Real Estate and Housing Developers’ Association Malaysia (Rehda) president Datuk Seri Fateh Iskandar Mohamed Mansor. “The cost of certain construction materials has actually gone up. For residential units, if you talk ... Read More

The number of unsold property units in Malaysia have increased due to unreleased Bumiputera lots and loan rejections, says the Real Estate and Housing Developers Association (Rehda). The percentage increased by 14% in the first half of 2015 ended June 30, 2015 from the preceding half ended Dec 31, 2014, ... Read More

GUH Holdings Bhd is buying land to develop a light industrial park in Seberang Perai — a plan to cultivate future earnings growth in its property division. In a filing with Bursa Malaysia, GUH Holdings said its unit GUH Realty Sdn Bhd entered into a sale and purchase agreement (SPA) ... Read More

In an effort to avoid flooding the comments section with advertisements, we have created a "Related Properties for Sale/Rent" section that allows you to advertise your properties here for FREE! The listing appear in all project pages, immediately before the comments section. To start selling your property, sign up for a ... Read More

Time to discover your dream home The Star Property Fair 2015 will return to Penang’s Queensbay Mall from Oct 1 to 4, once again bringing together leading developers and agencies. Home-hunters and investors can look forward to exploring choice offerings both in Malaysia and abroad. The vast array of products ... Read More

Penang launches heritage arts district in heart of George Town Penang is set to have its very own Heritage Arts District on a 2.2ha land in the heart of George Town, which will also feature a RM30 million museum, to be called the Ilham Penang. Chief minister Lim Guan Eng, ... Read More

The chart below shows the top 50 most popular projects in Penang, based on the total number of project page views we have received in the past 90 days (01 June - 31 Aug). If you own one of these properties, you may be interested to know how popular is ... Read More

There will be colour at the dilapidated Sia Boey Market in George Town this Sunday when the Penang government launches its RM100 million Sia Boey: Reborn project. Chief Minister Lim Guan Eng said the 5.5-acre project will regenerate and rejuvenate the market, the long-neglected Prangin Canal and its vicinity, and transform the area ... Read More

Tanjung Tokong, a popular hotspot that has attracted many locals and appeals to a lot of holidaymakers. Nestled in the north east district of Penang, affectionately known as the Pearl of the Orient, its ascendancy to popularity originated from the early development of Seri Tanjung Pinang by E&O with product ... Read More

by Charles Tan I think Penang property market is starting to get more advanced. There was a time when developments were just a few hundred million in terms of gross development value (GDV). Then the bigger players arrived and bought huge pieces of lands. There are now more integrated developments ... Read More