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Penang theme park to get world’s longest water slide
The longest water slide in the world – spanning one kilometre – is being planned for the ESCAPE theme park in Teluk Bahang here. It will see thrill-seekers ascend 420m by chairlift to the top of a hill in the theme park to reach the start of the slide. “From ... Read More
Residensi Pauh Permai
Residensi Pauh Permai, formerly known as Residensi Permatang Pauh in mainland Penang, undertaken by Excel Focus Properties Sdn. Bhd. Strategically located within the established township of Permatang Pauh, only about 500 meters away from Butterworth-Kulim Expressway. Neighboring communities include Taman Naluri, Taman Naluri Ria and Taman Janggus Jaya. The proposed ... Read More
Applications for MyDeposit 2018 opens today
The applications for the First House Deposit Financing Scheme or MyDeposit for next year will be opened from tomorrow (Dec 15) until Feb 15, 2018. Deputy Urban Wellbeing, Housing and Local Government Minister Datuk Halimah Mohamed Sadique said the public could register online at https://sprn.kpkt.gov.my. "At the tabling of the 2018 ... Read More
George Town among cheapest cities for expats in Asia
George Town in Penang and Johor Bahru in Johor were identified as some of the cheapest locations for expatriates in Asia, according to research by ECA International. The two cities join Mongolia’s capital Ulaanbaatar, Yangon (Myanmar) and Karachi (Pakistan) as some of the region’s most affordable cities. Meanwhile, Kuala Lumpur ... Read More
UPCOMING: Nibong Tebal / Mapahill Development
A proposed 21-acres mixed development by Mapahill Development Sdn. Bhd. within the township of Nibong Tebal. Located between Jalan Sungai Daun and Jalan Ooi Kar Seng, adjacent to Taman Bistari. It is only 4km away from Jawi toll plaza, about 20 minutes drive to Penang Second bridge. This development comprises ... Read More
No bubble in property sector
Some global property markets are overheated at the moment, but Malaysia certainly is not in the bubble territory. In those markets that are overheated, home prices are rising faster than salaries amid slow demand. There is also rising interest rates, and shaky loans become the norm. These are probably the ... Read More
Discover Balik Pulau
GM Training Academy will be organizing “Discover Balik Pulau”, a holiday event at Botanica Mansion on 16th December 2017. Event highlights: Discover Balik Pulau Tour Balik Pulau talk by Miichael Yeoh Botanica Mansion heritage tour Kids Coloring contest (Please bring you own coloring set) Goats Farm and many more At ... Read More
Penang has its own unique demand, pricing and prospects
Penang-based property developer Asas Dunia Bhd said the Government’s blanket freeze on properties worth RM1mil and above is not the solution to the rising unsold properties in the country. Its managing director Datuk Jerry Chan said: “A blanket freeze is not practical as each location, either within a city or ... Read More
Loft 28
Loft 28, an upcoming commercial development located within the established township of Bukit Minyak. Located at along Jalan Bukit Minyak. This is a development by WHH Land, featuring 293 units of partly furnished serviced apartments and 7 units of shop offices. It also comes with comprehensive facilities and 24-hour security ... Read More
Penang airport expansion to provide for 12mil passengers
The capacity of Penang International Airport (PIA) will expand by almost 100% from 6.5 million passengers to 12 million, said Chief Minister Lim Guan Eng. He said this was according to a written reply by Transport Minister Datuk Seri Liow Tiong Lai to him in Parliament. The reply on Monday ... Read More
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