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Property News

CAP warns against Malaysia real estate promotion in Hong Kong

CAP warns against Malaysia real estate promotion in Hong Kong

Vocal pressure group CAP has warned that a promotion drive by local developers to attract Hong Kong investors to buy properties in Malaysia in the wake of the political crisis in the island city could push house prices beyond the reach of ordinary citizens. “Encouraging foreigners to acquire properties here ... Read More
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Interview with CM: State housing policy for affordable homes

Penang government has consistently monitored the housing affordability within the state and made amendments to the housing policies, which has become necessary as a result of feedback from people and developers. Find out how does the cross-subsidization of LC and LMC works to ensure adequate supply of housing for the lower and middle-income groups. FIND OUT ... Read More
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SITE PROGRESS: The Zen (Sep 2019)

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
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16 strategic initiatives to drive growth under Penang 2030 vision

The Penang government has drawn up 16 strategic initiatives to attract investors and stakeholders to invest in the state in line with the Penang 2030 vision. According to Chief Minister Chow Kon Yeow (pic), the strategic initiatives would drive the state’s economic growth in a positive direction, apart from enhancing ... Read More
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Interview with CM: Addressing housing affordability & diversity

Housing affordability and diversity are some of key focus in Penang Vision 2030. Several measures have been put in place to ensure the availability of affordable houses for B40 and M40 income group. Listen to what our CM has to say on response from developers and the challenges. FIND OUT ... Read More
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Extra packages offered for low-cost units strictly optional

A Penang executive councillor said many buyers of the state’s low-cost homes have no issues over renovation and car park packages being offered by developers as they consider them to be convenient. However, State Housing Committee chairman Jagdeep Singh Deo said these packages offered by developers are strictly optional. Those ... Read More
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MBPP plans to build underpass at Jalan Mt Erskine and Jalan Burma intersection

The Penang Island City Council (MBPP) is planning to build an underpass at the Jalan Mount Erskine and Jalan Burma intersection next year to tackle traffic woes. MBPP secretary Datuk Addnan Mohd Razali said the traffic flow at the Jalan Burma/Jalan Gottlieb/Jalan Bagan Jermal/Jalan Mount Erskine is now “messy during ... Read More
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Illuminating Mid-Autumn @ Sunway Wellesley until 16 Sept

Experience the cultural sensation of Mid-Autumn like never before. Sunway welcomes you to a celebration of lights that you won't want to miss over the weekend! ... Read More
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Penang Property Sale – Your Property Marketplace

PenangPropertySale.com, a FREE listing portal in Penang has been available for all home owners, landlords and property agents since 2017 !! If you have missed our previous announcement, check out the website NOW ! Penang Property Sale is a property marketplace by Penang Property Talk, that provides comprehensive property search for ... Read More
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JMR has no plan to launch its RM1bil Marvel City project yet

JMR Conglomeration Bhd is focused on turning the group’s property development segment into the group’s core business. Presently, the group’s asphaltic concrete plants in Juru and Langkawi generate 70% of JMR’s revenue, while the property division contributes the remainder. Group managing director Dennis Chung Vui Ming told StarBiz after an AGM ... Read More