Penang is mulling a cap on rental hikes in pre-war buildings to 20% over a period of four to five years, in contrast with more exorbitant hikes of 100% to 200% observed in recent times, said Penang chief minister Lim Guan Eng at the Penang International Property (PIP) Summit conference ... Read More

IJM Land Bhd, the property development arm of IJM Corp Bhd, will be launching the Waterside Residence condominium project in Penang, with an estimated gross development value (GDV) of RM240 million, this October. “The Waterside Residence is part of The Light Waterfront phase 2 which has a GDV of RM6.5 ... Read More

Sunway Bhd will launch RM5bil worth of properties in Penang over the next eight years. Sunway Property Development Division (Malaysia and Singapore) managing director Sarena Cheah said about 40% of them were long-term investment projects, which include hospitals, colleges and hotels. “We are submitting plans to the local authorities for ... Read More

The state government will look into the issues and concerns facing the property industry during the Penang International Property (PIP) Mid-Term Review 2016. State Housing Committee chairman Jagdeep Singh Deo said he would engage the practitioners, stakeholders and decision makers of property and related sectors before mapping the appropriate strategies ... Read More

It's been a while since we last posted the most active projects. You must be wondering how active was Penang property market in the second quarter of the year. Based on our web traffic data, PenangPropertyTalk.com unique visitors has increased by 10% from last quarter and a slight increased in ... Read More

The Awesome City Slide Comes to Eco Meadows Get set for an experience that's simply out of this world. The City Slide is going to take you on an unbelievable journey through Eco Meadows. Come ready to get wet and wild! EcoWorld Gallery @ Eco Meadows 30 & 31 July 2016 (10am-6pm) ... Read More

Bayan Lepas LRT Line became the popular topic of discussion ever since it was announced by Penang State Government as part of the Penang Transport Master Plan. Bayan Lepas LRT line, covering a total of 30 km length will likely be the first LRT line to kick off. We often ... Read More

Call them what you like – small office home office (Soho), small office flexi office, small office versatile office, condotel, hotel suite or butler serviced apartment. The names are coined by housing developers with creative plans to woo investors with enticing marketing tools on yet-to- be-built stratified properties. Where people used ... Read More

GM Training is organizing a study tour and talk in Balik Pulau. You are invited to attend and learn more about Balik Pulau. Special Highlights for the day Study Tour of Balik Pulau with Miichael and Master Marinah (by bus) Talks by Miichael and Master Marinah. Learn from Miichael why buy ... Read More

Kuala Lumpur and Penang-based property developers are undertaking fresh projects with a gross development value (GDV) of RM4.04bil in Penang this year to ensure variety in the market. Eco World Development Group Bhd (with a GDV of RM280mil), Mah Sing Group Bhd (GDV of RM651mil), Ideal Property Development Sdn Bhd (GDV ... Read More