Property News
MBSP gears up for Phase Three of National Recovery Plan
The Seberang Perai City Council (MBSP) is gearing up for the Phase Three of the National Recovery Plan (NRP) now that more people have been vaccinated as well as there has been a decline in the number of Covid-19 cases. Its mayor Datuk Rozali Mohamud said the council has drafted action ... Read More
Ewein chairman passes away
Ewein Bhd founder and executive chairman Datuk Ewe Swee Kheng died after falling from a high-end condominium at Jalan Kelawai, Penang this morning, reported Sin Chew. The deceased fell from the 17th floor of the condominium and into a pool at around 2am this morning, reported the Chinese-language daily. At the ... Read More
Building affordable homes is the way forward for property developers
Penang Local Government, Housing, Town and Country Planning Committee chairman Jagdeep Singh Deo has continued to remind property developers to focus on building affordable homes during this trying period. “Let us work together. We want the private sector to come together and help the people. “The Covid-19 has greatly impacted the ... Read More
Scientex NRP Virtual Lucky Draw Total Prizes Worth RM10,000*
Scientex Tasek Gelugor offers the First* Landed 2 Storey Affordable Homes with Freehold Title in Pulau Pinang with affordable price from RM226,800*. Scientex Tasek Gelugor has recently launched the “Scientex NRP Virtual Lucky Draw” online campaign with more than RM10,000* worth of prizes to be won. Eligible purchasers will have ... Read More
Government to implement ceiling price for affordable housing in secondary market
Under the 12th Malaysian Plan (12MP), ceiling prices for affordable housing will be introduced in the resale market in order to control house prices, especially in the urban areas, MalaysiaKini reported today. The move is to ensure that housing remains affordable for the selected target groups. It is understood from ... Read More
Economist: Cap for affordable housing will only drive prices up
Setting ceiling prices for affordable homes, even if temporary, will not address the shortage of affordable housing, an economist says. In the recently tabled 12th Malaysia Plan, it was revealed that the government would implement price caps for affordable homes on the secondary market and limit the number of units ... Read More
Mah Sing: The 12th Malaysia Plan will be beneficial to the housing sector
The various steps under the 12th Malaysia Plan (12MP) to reinvigorate the country's economy post-pandemic will augur well for the housing sector, said Mah Sing Group Bhd founder and group managing director, Tan Sri Leong Hoy Kum. The 12MP, according to Leong, is a positive step toward boosting economic growth, ... Read More
SITE PROGRESS: Signature Two (Sept 2021)
About Signature Two A 31-storey residential development by Excel Focus Sdn. Bhd. in Perai, Penang. This development is strategically located along Jalan Baru, next to The Signature condominium. It is only within mere minutes' drive from Penang bridge, featuring 121 condominium units Find out more about Signature Two Register your interest here ... Read More
RM2.25b allocation in housing assistance for the poor
The government has allocated RM2.25 billion to provide housing assistance to the poor under the 12th Malaysia Plan (12MP), said Prime Minister Datuk Seri Ismail Sabri Yaakob. He said the allocation was to build and repair 85,500 units of houses, namely 75,000 units in rural areas and almost 10,500 units in urban areas, under ... Read More
Penang not ruling out third bridge option
Penang has yet to decide if it will go for a third bridge crossing instead of an undersea tunnel connecting the island and Seberang Perai. Chief minister Chow Kon Yeow said the state has so far conducted a feasibility study on the construction of an undersea tunnel only. “The study ... Read More
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- @SIM LI Expected if following the 1st S&P signing date, the status sure late already...K on The Cube
- @millionaire Yes. Same as Queens waterfront Marina/sport centre taking donkey years to complete. Awaiting federal...Ryu on Penang weighs third bridge as alternative to undersea tunnel
- K , AS YOU SAID, AT PERUMAHAN ,THE CUTE PROJECT NOW STATUS LEWAT ...SIM LI on The Cube
- The development is strategically located and fronts Jalan Kg Manggis, which serves as a shortcut...BM Guys on Winova Residences
- LL : @Toni good choice! I heard many people say Quaywest subsales can't sell...Minion on Queens Residences Q3
- Lazy reporting. The school hasn't been called GEMS international School for four years. It is...Duncan Grice on Acacia Park @ Pearl City
- More bridges, more problems. Why can't we have more bridges to Singapore? Because they don’t...Beeps on Penang weighs third bridge as alternative to undersea tunnel
- @Toni good choice! ...LL on Queens Residences Q3
- I am very concerned because the road is already narrow and has a lot of...Jay on UPCOMING: Sungai Ara / Iconic Landmark Sdn. Bhd.
- The more roads/bridges you build, the more housing will be built around these roads, resulting...pingpong on Penang weighs third bridge as alternative to undersea tunnel
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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
