Property News

Penang Property Convention 2018 sneak preview
It's happening on 29 September, get ready for one of the biggest property talk in Penang! Either you are a first time home buyer or a property investor, grab the opportunity to meet up face-to-face with the property experts and gurus. Whether the houses are getting 10% cheaper or not, ... Read More

No price drop for low-cost and low medium-cost house
The expected drop of up to 10% in Penang’s housing prices will not include low-cost and low medium-cost houses that are being built at a loss. State Housing, Town, Country Planning and Local Government Committee chairman Jagdeep Singh Deo said the prices for low-cost and low medium-cost units would remain ... Read More

Penang housing prices to drop up to 10%
Housing prices in Penang are set to drop by at least 10% with the implementation of the Sales and Service Tax (SST). Real Estate and Housing Developers’ Association Penang (Rehda) hopes to bring down the overall housing prices by 10% for those costing above RM300,000 and 6% for affordable housing ... Read More

FMM Penang supports PIL1 Highway and Penang South Reclamation
The Federation of Malaysian Manufacturers (FMM) Penang has supported the implementation of the Pan-Island Link 1 (PIL 1) Highway and Penang South Reclamation (PSR) based on the Penang Transport Master Plan (PTMP). The PIL 1 Highway is a 19.5km, dual three-lane highway running from Gurney Drive to Penang International Airport ... Read More

Finance Minister expects drop in house prices after SST
The Federal Government expects a more positive response from housing industry players following its decision to exempt construction services and certain building materials from the Sales and Services Tax (SST). Finance Minister Lim Guan Eng expressed hope of seeing at least some changes in housing prices as the government was ... Read More

IoT and smart services for Batu Kawan
Aspen Vision City Sdn Bhd and TM One, the business arm of Telekom Malaysia Bhd (TM), held a signing ceremony to commemorate an award issued to TM for the deployment and provision of extra-low voltage (ELV) service for the first phase of Aspen Vision City-Vervea, the largest gated-and- guarded commercial ... Read More

Penang LRT remains unconfirmed
It might not be the best mode of transport, he added, saying that there should be other options available. “While the federal government fully supports the state’s proposal, there should be options for the state to choose from. “Our studies by the Land Public Transport Commission (SPAD) show that there ... Read More

Atta Global buys 80% of property firm – Sunrise Mannar
Atta Global Group Bhd is continuing its acquisition trail with the proposed purchase of an 80% stake in property development firm Sunrise Manner Sdn Bhd for RM20 million cash. The group told Bursa Malaysia, it had on Sept 4 entered into a subscription agreement with Sunrise Manner Sdn Bhd, Tang ... Read More

Land reclamation will increase the size of Penang Island by 10%
Land reclamation is big business in Malaysia. Money is made from selling plots of newly created land from the sea to developers. Several states in the peninsula have introduced large-scale reclamation initiatives, many strategically placed in prime locations. The latest large-scale project is in Penang that will see the reclamation ... Read More

Penang Property Convention – 29 Sept 2018
In collaboration with GM Training Academy, our annual Penang Property Convention is coming back this year on 29 September 2018. Come and join us for this informative property investment event. Whether you are seasoned property investor or first time home buyer, this event will give you a real insight into Penang property market and learn about ... Read More
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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