Property News

There is GOOD NEWS for the Penang Property Market This Year!
* Article by Freemen * Penang has been having pretty good growth in a market that was supposedly facing a decline last year. Bad news is, they were still affected by the market slowdown last year and has yet to fully recover. Considering the slow market, the government has promised ... Read More

REHDA vs BNM on affordable housing
We came across these two interesting articles from Rehda and BNM, debating the situation of affordable housing in Malaysia. Read on to find out the story from both sides. REHDA: Overbuilding of affordable housing ‘quite severe’ The overbuilding of affordable housing is “quite severe” as many developers have shifted into ... Read More

IKEA Batu Kawan – Progress Update (May 2018)
Check out the latest exclusive aerial video of IKEA Batu Kawan site to see just how much progress has been made. The construction is on track for opening in early next year. The upcoming IKEA store in Batu Kawan, Penang, has achieved an industrialised building system (IBS) score of 92.3, ... Read More

Property market to stabilize as economy improves
The overall property market is expected to stabilise this year, underpinned by the improving Malaysian economy that had recorded 5.9% GDP growth last year, said Valuation and Property Services Department’s (JPPH) National Property Information Center (Napic) director Md Badrul Hisham Awang. “The property transaction volume and value are expected to ... Read More

Oh… I know why you are not buying, and why you can’t sell your properties
* Article by Freemind Works * And yes, it has all got to do with GE14 which is around the corner. To discover how the Malaysia’s 14th General Election affect the property market. Click here. In many of my talks, I always ask the audience through a survey; and the result ... Read More

The Tamarind chosen as Best Condo in Penang
Premier lifestyle developer Eastern & Oriental Berhad (E&O) scored three awards at the recent PropertyGuru Asia Property Awards (Malaysia) 2018. At the black-tie awards ceremony, E&O’s executive apartments, The Tamarind in Seri Tanjung Pinang masterplanned development emerged tops in the Best Condo Development (Penang) category. Receiving the award on behalf ... Read More

Readers Column – Write to us about property in Penang
“It is not about wanting to be the best but it is about being better than who you were yesterday.” With this mindset, it has brought Penang Property Talk to where it is today. Today, we are the number 1 most popular property portal in Penang and we have more ... Read More

Strata Management Act at a glance
If you are a strata owner or occupier, you are the individual owner of your unit. Also, you play a role as the co-owner to all common property shared inside the development. You are subjected to pay a monthly management fees to Joint Management Body (JMB). The maintenance and management ... Read More

Penang residential overhang more than doubles
The residential overhang in Penang more than doubled to 3,916 units worth RM3.82 billion in 2017 from 1,896 units worth RM1.47 billion in 2016, the Valuation and Property Services Department (JPPH) said in a report. In its “Malaysian Property Market Report 2017”, JPPH said the majority of residential overhangs in ... Read More

Idyllic homes in garden township
In the last pristine corner of Penang island, a piece of old Penang is being recreated — a township with lush tropical landscapes that soothe and rejuvenate. With spacious grounds for children to freely run and play in, Botanica.CT in Balik Pulau is where one finds absolute peace of mind ... Read More
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- same developer as Montage? heard Montage already stop work and the developer is winding up...BTW on AFFORDABLE: Balik Pulau / Prisma Bumiraya Sdn. Bhd.
- @Islander Yes. People will misleading easily. Buy the cube talking about Seaview benzs. Buyers tend...Hee Chan on The Cube
- @Joker Omg... gg. ULTRA FACTS !! ...Good game Well Played on The Cube
- Sawtoh : @Floyd If I’m not mistaken, some of the facilities in Tower B...Sawtoh on Twin Star
- @Floyd If I’m not mistaken, some of the facilities in Tower B are different from...Sawtoh on Twin Star
- @anne Noticed there is a piling machine on site few months ago. Not sure it...BTW on Grace Harmony
- how is the progress of the project now? any updates? ...anne on Grace Harmony
- Any progress on this project? ...CHIN HUN on Affordable housing @ Jelutong (formerly known as Mutiara Rini & Mutiara Ria)
- @Hemsley Both AG also pattern many, I easily mistaken ...Islander on The Cube
- Dear Editor, Good evening! Was the RFP prepared in accordance with the redevelopment process stipulated...DAVID CHAN CHIN CHYE on RFP open for redevelopment of Mak Mandin flats
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Latest Property News
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