Penang earmarks five areas for PPR with Rent-To-Own scheme
The Penang government has identified five plots of land, specifically for the People’s Housing Projects (PPR). State Local Government, Housing, Town and Country Planning Committee chairman Jagdeep Singh Deo said they have earmarked two such plots on the island and three on the mainland. He said the five plots of ... Read More
Kampung Mutiara housing project to be completed in 4 years
Property development and asset management company UDA Holdings Bhd (UDA) will take four years to build a housing project, comprising low-cost, affordable and medium-cost residential units in Kampung Mutiara in Batu Ferringhi near here. Its chief executive officer, Mohd Salem Kailany said the project, comprising 1,068 residential units, which will ... Read More
SITE PROGRESS: Woodsland Park (Nov 2019)
About Woodsland Park A freehold affordable housing development by PTL Properties Sdn. Bhd. near Jalan Betek in Bukit Mertajam. It is strategically located next to Taman Sungai Rambai, just a stone’s throw away from SJK(C) Keow Kuang Primary School. Amenities such as schools, markets, banks, shopping malls, and eateries are only ... Read More
GBS One Mahsuri project on schedule
The construction works of the new Global Business Services (GBS) facility in Bayan Baru – GBS@Mahsuri – are scheduled to complete in April next year (2020). Penang Development Corporation (PDC) general manager Datuk Mohd Bazid Abd Kahar said the corporation is confident that the project could be completed on schedule ... Read More
First draft of Transit Oriented Development (TOD) guidelines to be ready by Q1 2020
Penang State Government will establish a new guideline, Transit Oriented Development or better known as TOD in its efforts to complement and encourage housing development near Light Rapid Transit (LRT) service areas and public bus stations. State Housing, Local Government, Town and Country Planning Committee chairman Jagdeep Singh Deo said that ... Read More
Setia Sky Vista Open House (23 & 24 Nov)
Just a few weeks left before HOC2019 comes to a close on 31 Dec 2019. This is a Final Call to grab a Setia Key Vista unit. Check out the show units today! EASY HOME OWNERSHIP PACKAGE SEAL Setia Express Advance Loan 0% interest + 5 years deferred differential sum ... Read More
SITE PROGRESS: The Sky @ Tripark (Nov 2019)
About The Sky @ Tripark This project is part of the Sunrise Manners Tripark development scheme next to Taman Seri Sejahtera, just a stone’s throw away from Hillpark Residences. It is only less than 5 minutes drive to AEON Mall and Tesco hypermarket. This development comprising 3 residential towers with ... Read More
Penang govt assures factory owners of fair land valuation
The Penang government will have to study very carefully to come out with a win-win situation regarding the land lease premium rates for industrial land. Chief Minister Chow Kon Yeow said currently the state Land and Mines Department is gathering all state agencies to discuss land development in the state ... Read More
Residential property sales in Penang this year to be record high since 2016
The housing market in the country is expected to be at a record high by the end of this year since 2016, a real estate agent forecasted today. Raine & Horne International Senior Partner Michael Geh predicted that a RM71.03 billion worth of residential properties will be sold by the ... Read More
Penang to issue stiff compounds to errant developers
Penang will follow the example of the Selangor state government in imposing stiff compounds on developers who flout Erosion and Sediment Control Plans (ESCP), in a bid to address the increasing incidence of non-compliance among developers in the state. In this connection, a working paper on amendments to the Street, ... Read More
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- @MajorArches Small and expensive condos is not due to "the way developers build it", but...babyfong on Penang optimistic about achieving target to build 220,000 affordable homes by 2030
- @MajorArches I <3 HK ...Minion on Penang optimistic about achieving target to build 220,000 affordable homes by 2030
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