Property News

Penang hotels set to re-open their doors mid-Sept
Most hotels here are waiting till mid-September to re-open as Penang is expected to have by then 100% of its population getting at least one Covid-19 vaccine dose. Malaysian Association of Hotels (MAH) Penang Chapter chairman K. Raj Kumar said although hotels are allowed to re-open now, not many were ... Read More

Risk of abandoned projects rises
There is a potential rise in abandoned projects as the Covid-19 pandemic drags on with high daily cases. Property and legal experts told The Edge Malaysia in a report this this week that there could be potentially “millions, if not billions, of ringgit worth of projects being abandoned once the ... Read More

Penang to seek RM100m allocation from Fed Govt for housing needs
Penang will seek the help of new Housing and Local Government Minister Datuk Seri Reezal Merican Naina Merican to provide affordable housing for its people and also an allocation of RM100 million for its maintenance programme for 2022. State Local Government, Housing, Town and Country Committee chairman Jagdeep Singh Deo said ... Read More

MBPP councilor proposed to reduce development plot ratio to prevent overcrowding and the spread of Covid-19
It is time to come up with policies for the future that can prevent the spread of Covid-19 and other viral infections such as a reduction in plot ratio for development projects, a city councillor Lee Kim Noor said. The Penang Island City Council (MBPP) councillor said it is important ... Read More

Immigration Dept to take over MM2H programme from October
All new applications for the Malaysia My Second Home Programme (MM2H) will be handled and processed by the Immigration Department (JIM) beginning October, after all the related legal processes are completed. The Ministry of Tourism, Arts and Culture (MOTAC) in a statement said in the transition process, the ministry through ... Read More

Major flood mitigation project in progress
A major flood mitigation project (RTB) is under construction in the southwest district of Penang island where it flooded last week on Wednesday. State infrastructure committee chairman Zairil Khir Johari said the Teluk Kumbar RTB was expected to be completed by end of this year. Two more projects in the pipeline ... Read More

SITE PROGRESS: The Zen (Aug 2021)
About The Zen A mixed development by Asia Green at Bayan Mutiara. It is located next to Tun Dr. Lim Chong Eu Expressway, just a short drive away from the ongoing Penang World City township development by Tropicana Ivory. This development comprises a 46-storey skyscraper with two residential towers, and shop ... Read More

Demand for subsale residential units shows growth in first-half 2021
Although the subsale residential segment has always been strong, accounting for 80% to 85% of total transactions in the property market, buyers of subsale units are not ready to pay the asking price of the property owner, as the average selling price in subsale residential is 20% lower than the ... Read More

More sports activities allowed in Penang from yesterday
Several outdoor sports activities in Penang will now be allowed since the state is under the Phase Two of the National Recovery Plan (NRP). Jogging, exercise, swimming, solo kayaking, taichi, cycling, skateboarding, fishing, equestrian, archery, hiking, tennis/badminton (single) and golf are allowed from Aug 23, yesterday. Outdoor and semi-outdoor sports centres ... Read More

PR1MA provides 10 buses for Movak in Penang and two other states
PR1MA Corporation Malaysia (PR1MA) has provided 10 buses for the implementation of the Community Vaccine Mobilisation (Movak) programme in Perlis, Kedah and Penang from today until Sept 2. In Penang it will be held from Aug 30 to Sept 2 at Dato’ Haji Ahmad Badawi Hall; Jalan Betek Sports Complex; ... Read More
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- @Tui So u mean andaman island landed property will be cheaper than the condo launched?...Minion on 80% of Gen Z Malaysians opt for high-rise living
- I wonder which government authority is responsible for this condo approval. Why the review taking...666 on Mezzo @ The Light City
- Very disappointed with IJM. I did not expect them to delay our VP, and until...666 on Mezzo @ The Light City
- @Hon Very true. I have Semi D in Greenland current market price around 2M but...Network on 80% of Gen Z Malaysians opt for high-rise living
- @Minion I am from Sabah living at landed for my childhood but Im enjoying living...LOL on 80% of Gen Z Malaysians opt for high-rise living
- @Minion It makes a little bit of sense technically. Somehow In reality, more & more...Hon on 80% of Gen Z Malaysians opt for high-rise living
- Any Idea about this project? It's selling at around RM595/PSF ...Boy on Pinnacle Homes brings its signature skyline to Penang
- @Minion You keep silent because it's fact that new condo is more expensive than landed....Tui on 80% of Gen Z Malaysians opt for high-rise living
- Nowadays those whom purchase landed houses are only those whom can afford it in island...Minion on 80% of Gen Z Malaysians opt for high-rise living
- @Joey Hi Joey please add me in whatapps group. email yxboy88@gmail.com ...yx on Grace Residence
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