Property News

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

War of Depts
It gives you sleepless night thinking about the high interest you have to pay to the bank. Debts include property loans, credit card, personal loan, car loan and etc. Miichael in his WAR OF DEBTS program will coach you the step by step approach in finishing all your debts in half ... Read More

Mutiara Rini may have to be demolised and rebuilt
The Penang state government has directed a developer to demolish a partly-complete apartment building and rebuild this for safety reasons, said Chief Minister Lim Guan Eng. He said the state government was not satisfied with the safety standard of the building by JKP Sdn Bhd “JKP has agreed to demolish ... Read More

BNM Explains Why You Can’t Afford a House
Malaysia’s central bank has a response to those saying it needs to do more to spur home loans: houses simply aren’t affordable. Bank Negara Malaysia has created a website packed with data aimed at debunking the “myth” that access to financing was deterring home ownership, showing that loan approvals for ... Read More

M Vista @ Southbay from RM345,000 onwards
M Vista @ Southbay, is an upcoming project by Mah Sing Group, part of the company’s Southbay township development at Batu Maung. It is located just a stone’s throw away from Free Trade Zone, less than 5 minutes drive to Penang Second Bridge. Stay tuned for the launching of this 237-unit serviced ... Read More

Penang govt goes ahead with foreign worker dorms
Penang government will go ahead with its plan to build dormitories for foreign workers at five identified locations despite objection by the local residents. State Housing, Town and Country Planning Committee chairman Jagdeep Singh Deo said the Penang government was going ahead with its plan to build dormitories for foreign ... Read More

House prices will not come down, but sizes will
Housing prices will definitely not go down as elements of property development such as land cost and development charges keep increasing, said a group of panellists. “Property prices will definitely go up. We have asked various parties to help bring prices down. So, this is one of the challenges we ... Read More
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