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Sinaran Residences @ Utropolis
Sinaran Residences @ Utropolis is the residential component in the third phase of Utropolis development by Paramount Property at Batu Kawan, Penang. It is strategically located along Bandar Cassia Expressway, with walking access to Design Village outlet mall and UOW MALAYSIA KDU Penang University College. Driving to Penang International Airport will only take approximately 30 ... Read More
SITE PROGRESS: Imperial Grande (Oct 2019)
About Imperial Grande A mixed development by Modular Platinum Sdn. Bhd. (Ideal Property Group) in Sungai Ara, Penang. It is located along Jalan Fettes, surrounded by Iconic Skies, Gardens Ville and Imperial Residence. This development will offer a mix of landed and high-rise properties, with 2 level of shop offices ... Read More
MAPEX – Home Ownership Campaign 2019
MAPEX has been one of the feasible platforms in gathering interest for property purchasing as the previous venture made a grossing sales of RM300 million, with more than 200 applicants in salvaging government-linked homes. As the Co-Organizer of MAPEX, Property Queen’s dedication and commitment ensuring home ownership among Malaysians will ... Read More
Strata property owners laud court’s decision on flat rate
About six million Malaysians who live in strata properties will “benefit” from a Court of Appeal ruling that all owners in mixed development strata properties pay maintenance rates based on a fixed formula. “It is not only high-rise buildings but also gated and guarded communities that have strata titles,” said ... Read More
Councils to start hearing assessment rate objections today
The first hearing session of the new 2020 assessment rate objections for both councils in Penang will be held starting tomorrow (29 October 2019). State Housing, Town, Country Planning and Local Government Committee chairman Jagdeep Singh Deo said the hearing of the objections would be held by the assessment appeal ... Read More
Fraser Commercial Center
Fraser Commercial Center, an upcoming commercial development by Frasers Sunrise Sdn. Bhd. at Alma, Bukit Mertajam. Located off Jalan Rozhan, next to Santuari Commercial Centre by Airmas Group. AEON Mall and Tesco hypermarket is only 5 minutes drive away. This development comprises a 4-storey commercial building and 38 units of 3-storey ... Read More
Rent first until financially ready to buy homes
Unaffordable housing remains unresolved, and the younger generation might need to lower their expectations and consider renting instead, industry experts said. The housing problem is centred on soaring prices of properties that are incompatible with people’s income, thus diluting affordability. National House Buyers Association honorary secretary-general Datuk Chang Kim Loong ... Read More
BNM: Houses in Malaysia ‘seriously unaffordable’
Houses in Malaysia are considered “seriously unaffordable” by international standards, a Bank Negara Malaysia official said. According to the median multiple methodology developed by Demographia International and recommended by the World Bank, United Nations and Harvard University, a house is deemed affordable if it is priced not more than three ... Read More
SITE PROGRESS: Sanctuary Ridge (Oct 2019)
About Sanctuary Ridge The 4th phase of residential development at Permatang Sanctuary by IJM in Alma, Bukit Mertajam. Strategically located within an established neighbourhood, about 15-minute drive from Juru Auto-City and Penang Second Bridge. It is about 2km away from AEON Mall and Tesco Hypermarket. Find out more about Sanctuary Ridge ... Read More
UPCOMING: George Town / Biopolis Energy Sdn. Bhd.
Yet another proposed luxury residential development located in the heart of George Town by Biopolis Energy Sdn. Bhd. It is located along Lorong Amoy near Jalan Hutton, just a stone's throw away from New World Park. Existing shop lots are expected to be demolished making way for a 26-storey skyscraper ... Read More
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