Property News

Undersea tunnel project not in jeopardy, insists main concessionaire
The consortium entrusted to construct the proposed undersea tunnel and two paired highways have downplayed a news report that the multi-billion ringgit project was in jeopardy following the move by one of its contractors, Mudajaya Group Bhd to withdraw from the RM810 million contract that it had won to build ... Read More

Government’s affordable houses may pose future threat to private developers
The government’s affordable housing schemes for Malaysians could in the future be a threat to private developers who will not be able to match the lower subsidised prices, Rehda Institute has said. Datuk Jeffrey Ng Tiong Lip, chairman of the Real Estate and Housing Developers' Association's (Rehda) research arm, said ... Read More

Offical Launching of M Vista @ Southbay
You are cordially invited to the Grand Launching of MahSing's latest project - M Vista @ Southbay. This development will feature a 23-storey serviced residence, offering 237 units of residential suites with unit size ranges from 534 sq.ft. to 1,201 sq.ft. Visit MahSing's Southbay Sales Gallery to find out more details! Date/Time 11 ... Read More

AirBnB vs. Traditional Rental Income: A Creative Way for Investors to Cash Flow?
Article by Freemind Works Many property investors do not have a solid exit plan when buying into a property. With so many properties completing and owners getting their keys, they have resorted to swapping their traditional tenant with AirBnB guest, with the assumption that this option will give better cash flow ... Read More

Hillslope and road collapses following continuous rain
A road leading to a housing area in Tanjung Bungah collapsed early this morning due to continuous rain on the island since Friday. Tanjung Bungah assemblyman Teh Yee Cheu when contacted said the incident occurred at a newly completed housing area built on a hillslope. He said the location was ... Read More

Budget 2018: What’s in it for housing?
For housing, the following was announced in Budget 2018 to ease home ownership in Malaysia: 1. The Government will continue to intensify efforts to increase home-ownership for the rakyat with an allocation of RM2.2 billion as follows: 17,300 units of People's Housing Programme;econd: 3,000 units of People's Friendly Home under ... Read More

Mah Sing to launch ‘Reinvent Affordability’ campaign
Property developer Mah Sing Group Bhd will be launching its 'Reinvent Affordability' campaign tomorrow, which will serve as a key theme in the group's business plan — to develop more affordably priced homes to cater to the market's supply demand gap. Its managing director Tan Sri Leong Hoy Kum said ... Read More

What Malaysians want for Housing in Budget 2018
Warning of a “homeless generation” of Malaysians who cannot afford to own homes, the National House Buyers Association (HBA) mooted four mechanisms to avert such a crisis, including curbing property speculation through higher stamp duty rates and higher real property gains tax on buyers and sellers who own more than ... Read More

Budget 2018: What is in store for us, a ‘feel good’ package?
Article by Freemind Works Budget 2018 will be announced on 27 October. And next year’s budget will be an important one, as Malaysia’s 14th general election is around the corner, now widely expected to be held in the first quarter of next year. Many also believed that this budget is about ... Read More

Landslide at Tanjung Bungah affordable housing construction site
Rescuers have unearthed three bodies at the construction site hit by a massive landslide in Tanjung Bungah here today. Penang Fire and Rescue Department director Saadon Mokhtar said the search was ongoing for 11 more people believed to be still buried underneath the muddy soil. “We found the first two ... Read More
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- @Jacky hands up and 100000% agree! and wow MCD drive through there! amazing! ...LL on The Pier
- @Oh nice agree, not an easy plot of land to pull off. I feel only...LL on Iconic Boon Siew Villa demolished for luxury residential project
- @Hee Chan Thank you for sharing brother. Developer Twin star is good in marketing &...Ryu on Twin Star
- @WC_ong i heard agents selling the property get 20k commission, is that real? if that's...Hee Chan on Twin Star
- whoever build on this land will not be doing well... ...Oh nice on Iconic Boon Siew Villa demolished for luxury residential project
- @Jacky Yup. It's a luxury project of waterfront but equipped with lousy security management &...Toni on Queens Residences Q3
- @Inteller1989 You have understood that you purchase this project with merely 300k or 400k RM....Jacky on The Zen
- @KC No,this is only temporary. That's other plan road access for Zen & The Pier....Jacky on The Pier
- Is there any owner group for those who already sign S&P? ...A on Twin Star
- 1. Only 2 lift for each flow (Not sure about Zen6, but for The Zen),...Inteller1989 on The Zen
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- Affordable Housing (Penang Island)
- Butterworth Arena
- Columbia Asia Medical Centre
- Eco-Tourism Hub @ Batu Kawan
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- 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