Property News

Steering the course for Penang – Penang Transport Master Plan
Newly appointed Penang Chief Minister (CM) Chow Kon Yeow is not an unfamiliar face in the state. When Lim Guan Eng who is now the country’s Finance Minister, was the CM, Chow had held the Local Government, Traffic Management and Flood Mitigation portfolio for two terms. He is now chairman of the ... Read More

Special master plan to develop southwest district
The state government will ensure that development in each district is enjoyed by the people, said Chief Minister Chow Kon Yeow. Chow said for that purpose, he suggested that a special master plan for each district be developed especially the southwest district. According to him, the state government does not ... Read More

Penang mulls reintroducing Rent-to-Own scheme
Penang government is planning to re-introduce the Rent-to-Own (RTO) scheme to assist the low income group to own houses in the state. Chief Minister Chow Kon Yeow said the matter has been raised in the first state executive council's meeting recently and three housing projects have been identified as "suitable" ... Read More

First Penang PR1MA Project to begin end of this year
After a three year delay, Penang’s first 1Malaysia Peoples’ Home (PR1MA) project will begin construction by the end of this year. State Local Government, Housing and Urban and Rural Planning Committee chairman Jagdeep Singh Deo said the project had been given the green light by the Penang Island City Council ... Read More

Chow hopes LRT project is implemented within five years
Penang Chief Minister, Chow Kon Yeow is targeting for the Light Rail Transit (LRT) project under Penang Transport Master Plan to begin during his tenure. Chow said the LRT project would take a longer time to complete in Penang but he hoped to see the project commence within five years ... Read More

Foreigners can own heritage property in Penang
Foreigners are allowed to buy up the over a century-old shop houses within the Unesco World Heritage enclave, said Chief Minister Chow Kon Yeow. He however said they must adhere to guidelines on conservation and preserving the properties. Chow said the state welcomes investors, who are keen to participate in ... Read More

Desire – A new selection of homes by Mah Sing Group
Introducing the 'Desire' campaign, where new selection of ready made homes are available with ready to move in condition, affordable financial packages, developer assured quality and great furnishing packages. Check it out! CLICK HERE to find out more about the 'Desire' campaign ... Read More

PR1MA houses to be rebranded and built in Penang
The 1Malaysia People's Housing Project (PR1MA) will be built in Penang after it has been given a new name, said State Housing, Town and Country Planning Committee chairman Jagdeep Singh Deo. Bernama reported that Jagdeep had proposed to Prime Minister Tun Dr Mahathir Mohamad for PR1MA be changed to Harapan Malaysia People's Housing ... Read More

Govt to review bank loan terms for first-time home buyers
A new mechanism will be introduced to ease the bank loan application process for young Malaysians to buy their first property, Prime Minister Tun Dr Mahathir Mohamad said today. He said the current terms and conditions set by banks are too strict. “We found that banks are too strict with ... Read More

Innovative Home Ownership Campaign by EcoWorld
Taking the final step of investing in property is a long-term financial commitment that should be thought through. To bring your dream home closer to you, EcoWorld has just introduce their Help2Own deal. You may watch the video below to find out more. One of the key objectives of the ... Read More
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RECENT COMMENTS
- @Hemsley, TQ. Good progress and maybe is too early to send out the site progress...SC on The Pier
- @LOL This project is opposite putra place condo.. it's still a distance to QBM ...thomas on One Mutiara
- @Islander Lol. Aspen group. Lol. ...Hemsley on The Cube
- just paid booking fee today ...Jordan on The Cube
- @Koja The cube is not near to seaside, which units have seaview? from the floor...Moon on The Cube
- @Debbie what special is the unit#8? ...Moon on The Cube
- I bet to see Aspen Agent hardselling their Zen in 2030. ...Islander on The Cube
- @SC It's at 10th floors now. The progress is even better than The Cube or...Hemsley on The Pier
- Is there any site progress review over here or somewhere ? or the development haven't...SC on The Pier
- @Hemsley 300k launch price appreciated to 400K for state unit, 1 carpark, progressive interest, lawyer...Joker on The Cube
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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