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Property News

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Pulau Jerejak world class development approved

Majilis Perbandaran Pulau Pinang (MBPP) has allowed the developer of buildings at Pulau Jerejak to demolish the buildings, paving the way for redevelopment of the island, reported The Star. The developer Tropical Island Sdn Bhd has been given planning permission with conditions – namely to not encroach on the island’s forest reserve – ... Read More
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Open House at Mont Residence – 15 & 16 June 2018

You are cordially invited to visit the newly completed Mont Residence at Tanjung Tokong on 15/6 and 16/6, and experience the unique offering by this lifestyle condominium. Register for Mont Residence guided tour to find out more about the special package offered. Register your interest here for Mont Residence tour Date/Time ... Read More
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Overwhelming take-up rate at Utropolis, Batu Kawan

Utropolis @ Batu Kawan, is a 44.3 acres self-contained mixed commercial development by Paramount Property in Batu Kawan anchored by the flagship KDU Penang University College campus. The project which was featured at Penang Property Talk portal in the mid-year of 2016 generated a significant query, is the Penang Smart ... Read More
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The New Era in Property Investment (26 & 27 May)

GM Training Academy will be organizing two days talk on a very interesting topic "The New Era in Property Investment". Many people have many unanswered questions in mind. What is the state of property market now? Should I invest in property now? The do's and don'ts in property investments. What are ... Read More
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Penang hopes to expedite mega projects

Penang Chief Minister Chow Kon Yeow wants a better rapport to be established soonest with the federal authorities in view of the many mega projects that the state hopes to undertake. For starters, the state would soon meet the Public Land Transport Commission (SPAD) to discuss how to expedite two ... Read More
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Newly-appointed Housing Minister pledges balanced housing opportunities

Newly-appointed Housing and Local Government Minister Zuraida Kamaruddin pledged to deliver substantive improvements and ideas through the ministry. The Ampang member of parliament said it would be an opportunity for her to delve into policies and implementations under the jurisdiction of the ministry. “A balanced housing opportunities in urban areas ... Read More
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HBA urges government to implement ‘build-then-sell’ system

The National House Buyers Association (HBA) has urged the federal government to address the issue of abandoned housing projects in its plans for the housing sector in Malaysia. Speaking to FMT, HBA secretary-general Chang Kim Loong said the best way to do this was to implement the system of build-then-sell ... Read More
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The New Penang

On the night of 9 May 2018, a new Malaysia was born. Automatically, one very critical thought transpired in my mind. The property market in Penang will most likely have its reformation and almost guaranteed to have a facelift. For almost a decade, Penang has been aiming high, with many ... Read More
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To those playing the waiting game in the property market: this is for you.

* Article by Freemen * The property market hit a low point last year where prices were dropping and transaction volume was low. While transaction volume fell, the value of the property did not; thus contributing to a market slowdown. Businessmen and investors are holding back in their investments as ... Read More
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Undersea tunnel may be toll-free

Funding options for pending mega projects here may see a change now that Pakatan Harapan is the Federal Government. There is even a possibility that the proposed Penang Undersea Tunnel will be made toll-free to mirror the pre-election promise of making Penang Bridge toll-free. Incoming Chief Minister Chow Kon Yeow ... Read More