Mah Sing, with their tagline of “reinvent spaces, enhance life” continues to live up to their belief that excellence is achieved by upholding basic principles a company is built upon. These statements are at the very core of everything they do and they will continue to set milestones as one of the most outstanding property developers in Malaysia.

In conjunction with their 25th anniversary celebration, they have launched the LOCK & WIN campaign with more than RM2,000,000 worth of prizes to be won when a Mah Sing home is purchased! Every homebuyer can now own a Mah Sing dream home with ease.

LOCK down your Mah Sing dream home and stand a chance to WIN your dream car today!

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With the ongoing demonstrations in Hong Kong, we have heard much news about the spike in interest in Malaysian property from Hong Kong. You must be wondering do we see similar trends in Penang?

Here is a snapshot of PenangPropertyTalk.com’s (PPT) monthly visits from Hong Kong.

Obviously, the total number of people visiting PPT from Hong Kong has almost doubled starting from May this year, and it has been pretty consistent over the past 3 months.

Everyone is definitely curious to know which project attracts them most. Curious no more because listed below are the top 10 most visited residential projects among website visitors from Hong Kong over the past 3 months.

1. The Tamarind
2. Muze @ PICC 
3. Quaywest Residence
4. The Zen Condominium
5. Setia Sky Ville
6. Queens Island
7. Marriott Residences
8. Queens Residences
9. Triuni Residences
10. City of Dreams

* Projects are ranked based on the visits recorded in Google Analytic web traffic report for PenangPropertyTalk.com.

Housing developers in Penang have been warned not to force their buyers pay beyond the fixed prices for low-cost (LC), low medium-cost (LMC) and affordable housing units.

Developers who failed to comply with the warning could result in them getting blacklisted.

State Local Government, Housing, Town and Country Planning Committee chairman Jagdeep Singh Deo said the developers must abide by the price fixed for LC, LMC and affordable housing in Penang.

“If the buyer is willing to accept your packages, that’s fine. But you cannot force him to take your packages.

“There were such cases before in the past, where developers offer renovation packages, additional car parks and others.

“However, developers cannot force buyers to take their packages. Let this be a warning.

“Please report to the Penang Housing Department if you come across such developers. I will haul them up and they will be ordered to show cause. We can also go to the extent of blacklisting them,” Jagdeep told a press conference today.

The ceiling prices for LC is RM42,000 and RM72,500 for LMC.

It was reported that a few first-time home buyers had claimed that they were being forced to pay more than the price mandated by the state for LMC units.

Source: Buletin Mutiara

Taman Keramat Permai, a landed residential development by Galiancon Development Sdn. Bhd. at Nibong Tebal. It is located along Ipoh-Butterworth federal road, diagonally opposite Boon Koon Groups’ headquarter. Accessiblity wise, it about 5km drive from Jawi toll plaza, less than 20 minutes to Batu Kawan.

The second phase of this housing scheme comprises 29 units of 2-storey terraces and 8 units of single-story terraces. Indicative price starts from RM298,800 onwards.

Project Name : Taman Keramat Permai
Location : Nibong Tebal
Property Type : Residential
Built-up Area: 20′ x 45′
Land Area: 20′ x 65′ onwards
Total Units: 37
Indicative Price: RM418,800 onwards (2-storey), RM298,800 (1-storey)
Developer : Galiancon Development Sdn. Bhd.

Location Map:

Over 100,000 real estate agents are operating without a licence in the country, Malaysian Institute of Estate Agents (MIEA) president Lim Boon Ping said.

According to the New Straits Times, unlicensed agents outnumbered their authorised counterparts by more than three to one.

“While we have seen some reduction over the years, the number (of illegal agents) is still high.

“We are keeping tabs and actively collecting evidence of activities involving illegal real estate brokers throughout the country and are working with the police to curb such activities in a more proactive manner,” he was quoted as saying.

He advised the public not to engage unlicensed agents as doing so meant putting their life savings at risk.

Lim also urged such agents to get certified, adding that his group was working with state governments in Sabah and Sarawak to make certification more accessible.

Citing Section 30 of Valuers, Appraisers, Estate Agents and Property Managers Act 1981, Lim said acting as a real estate agent without a licence was an offence punishable by a fine of up to RM300,000 fine and/or three years of jail.

Local Government and Housing Minister Zuraida Kamaruddin recently warned the public against engaging dubious real estate agents or negotiators when selling or buying property.

She said it was important that people to choose certified agents endorsed by the Board of Valuers, Appraisers, Estate Agents and Property Managers (BOVAEP), which is under the purview of the Finance Ministry.

Zuraida also urged the MIEA to play a more active role in engaging its members to come out with more strategic ideas to help developers market unsold properties.

Source: MalayMail.com